Long or Short Opinion

[rajputz]

Relcapital Update....

 

[simple_trader]

Any reason to doubt rate hike ? As gov is struggling to keep inflation in control and targeting to bring it down by Dec, I feel there will be 25 base pt hike tomorrow.
Please correct me if I am wrong.

Today's setup seems to be perfect for rally tomorrow. So if that's the case, it would be due to "no rate hike". Nothing else. I can be wrong buddy!!


Happy trading!

 

[Vector]

Any reason to doubt rate hike ? As gov is struggling to keep inflation in control and targeting to bring it down by Dec, I feel there will be 25 base pt hike tomorrow.
Please correct me if I am wrong.

As long as it is on expectedlines no probs i think its already factored in.

 

[praveen taneja]

Relcapital Update....

Rajput sir are you short in GF now???????????

 

[rajputz]

Some of the share giving me buy and sell signals are: -

Sell--------------------Buy
Drreddy-------------SesaGoa

Out of these two sesagoa looks more interesting...but both bear and bulls can have a look at what ever they want...check the charts

Updates...Drreddy gave good results...sesagoa still active...lets c...

 

[rajputz]

IDBI - SELL

IDBI is giving me sell signal over all the systems. Bias is down. price managed to close below the pivot low of 120.40, with CCI confirming the momentum to downside. Oscillators are also showing strength in fall. Both RSI and Stochastic are showing divergence. Macd is also showing a downward movement.

 

[rajeabc]

IDBI could bounce back tomorrow if RBI policy is not hurting.

 

[rajputz]

well let the policy come...although volumes are not good on the break to lower side on any of the stocks...but i am just following what charts are telling me at the moment.

Other shares giving me short at the moment is SBIN.

 

[rajeabc]

well let the policy come...although volumes are not good on the break to lower side on any of the stocks...but i am just following what charts are telling me at the moment.

Other shares giving me short at the moment is SBIN.

for SBIN , I was on 2400 PUT since last Friday and covered it yesterday with decent profit. I feel if market and policy is fine SBIN will not go below 2350 .
Anyway it is always on my radar.
good luck.

 

[simple_trader]

We are very much close to support before expiry, if 5400 holds today and no rate hike tomorrow, can be a trigger for 5500 tomorrow.

Maruti is down 11% now due to bad result. If there is no rate hike tomorrow, it can jump up 6-7%.

High risk reward seems to be favorable for up side now on.

Happy trading!

both Maruti and NF performed in expected line!!