Long or Short Opinion

[PGDIMES]

Hello Rajputz,

I want to know whether this is the right time to enter RPower futures or not. I entered it on 2nd July and exited on 3rd. I want to re-enter today if it remains above 178.5 on July futures.What are your views? Do post your analysis as well.

 

[crown]

stoploss trailed above to 5312

booked loss

 

[ashishtalyan]

ICICIDirect.com ne aaj aise ki taise kar di.kut** sal*.............

 

[rajeabc]

ICICIDirect.com ne aaj aise ki taise kar di.kut** sal*.............

Dear Customer,

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[praveen taneja]

Atchha hai kam se kam ICICI direct walon ke to sl hit hone se bache hahahahah lol.....

 

[crown]

Atchha hai kam se kam ICICI direct walon ke to sl hit hone se bache hahahahah lol.....

kuchh batao praveen bhai
kya lag raha hai

 

[SwingKing]

Bhai I think month on month growth was the highest registered thus far. I will search for the graph and post it here. I am with you on the fall. The more days it is taking for the up move the more confident I am getting about a massive fall. It is yet to breach 5400 or make a new high from April. There are far too many people who are bullish in our market which I say it again is one of the worlds most expensive market. I am so tempted to buy Russia it is so cheap right now but don't have access to go long in that market.

Whatever the case be, its always better to trade what we are seeing. Anticipation is always the root cause of confusion. If markets breakout of 5400, it won't be the first time any market does so on weak fundamentals. This has happened in the past on many markets. So why not on ours? Internal fundamentals need to be looked at keeping the current scenario in mind.

Technical structure is no doubt still weak. But, it can change soon in any direction. Need to see actually what happens. My strong sense is that we will have a healthy correction. That's it. Getting into bear market mode is something I am not thinking off at this stage. 5400 is now at an arms distance. I think we will give it a shot this time around. Lets see what happens then. Supply should kick in at first. Its only what happens after that holds value.

Tc

 

[simple_trader]

Why don't you start a new thread posting your views.

Won't be a bad idea.

Tc

I am not so dedicated to writing in online forum. It would be difficult for me to maintain a thread. So I keep updating others' thread. I find your threads (Also AW10, a few more) are really good in terms completeness, language, clarity. I am not that good in writing English. Anyway, I will update whatever I understand. But I too go wrong sometime badly. Also I have not read any trading book except one by Elder. So mostly chart interpretation all by exp.

Happy trading!

 

[simple_trader]

Banks and IT seem to be at resistance for time being (from today)! If next up move happens, it would be done by oil&gas, metals, auto. These seem to be ok for swing!.

 

[rajputz]

Hello Rajputz,

I want to know whether this is the right time to enter RPower futures or not. I entered it on 2nd July and exited on 3rd. I want to re-enter today if it remains above 178.5 on July futures.What are your views? Do post your analysis as well.

Well better wait and have some evidence of bounce back...Its forming a ghost pattern on EOD charts. Wait for a zlr or any trend continuation signal before going long....

Try to buy near 170 or 165...thats where the support is...