Long or Short Opinion

[simple_trader]

Any views from anyone on Tata Motors??? Fundamentally the stock is strong...Can reach the level of 1040-1050 or more by this month itself...But the picture of global markets is quite scary...If the market goes down, no stock will be spared...Moreover I am unable to read charts when a stock shoots up/down too sharply...Hence asking the seniors/everyone to give their views...Target, Stop-loss etc. on the end of the month basis...

you can always manage your trade. Have a trail SL. Check if yesterday's high is taken out or not. If taken out with ease, one more zoom, difficult to tell how many points or target.The point is, keep trailing with SL. In case you are satisfied with profit book profit and get out.

so far it is doing bullish flag in 60 mins chart. Keep a watch on it. Since it is over bought stock, all SL comes much lower, which you may not afford.


Happy Trading!

 

[rajputz]

can any body share some views on gail
i am thinking ro buy side but little worried over overnight position...what you think

 

[rajeabc]

can any body share some views on gail
i am thinking ro buy side but little worried over overnight position...what you think

Raj , I don't see any thing bad coming over weekend.(but you know risk is alwys there ). Have a look on Cairn... Vedanta is going to buy 51% stock in this and deal is supposed to be at premium of 20% above market price. They might have to buy from market as well.
All from CNBC

 

[rajputz]

Raj , I don't see any thing bad coming over weekend.(but you know risk is alwys there ). Have a look on Cairn... Vedanta is going to buy 51% stock in this and deal is supposed to be at premium of 20% above market price. They might have to buy from market as well.
All from CNBC

Not at these higher level buddy...doesnt feel safe as chances of profit booking are more...also it can be already discounted...

 

[rajputz]

i am looking herohonda and maruti for buy side...any suggestion from any one...help karo yaaar...am in college...so little time to take a decision

 

[rajeabc]

i am looking herohonda and maruti for buy side...any suggestion from any one...help karo yaaar...am in college...so little time to take a decision

Maruti :My system says wait till Monday. It is trading below DMA(20) , RSi(15) -44

 

[rajputz]

Maruti :My system says wait till Monday. It is trading below DMA(20) , RSi(15) -44

cancelled it out...bought one lot of herohonda with sl of 1867 to keep risk low...lets c...

 

[praveen taneja]

Sir any view on Rana sugar ????
I am highly invested in for long term max (one mnth)
took at 11.05 tgt is 13.50+ any chance?????
one reason is festival season
second expect some good news by PM on independence day for farmers and sugar companies
third it is approx 70% down from 52week high
isse jyada sochne ka dimaag nahin hai bhai wo bhi 11Rs ke share mein hahahaa lets see what all intelligent TA guys says about my trade

 

[praveen taneja]

cancelled it out...bought one lot of herohonda with sl of 1867 to keep risk low...lets c...

mkt is on a point where just one wrong step can eat whole portfolio in F&O so be cautious and trade as much as in cash and stay 35% at least on cash to avg a losing trade as i avoid to use sl:thumb:

 

[rajeabc]

Raj , I don't see any thing bad coming over weekend.(but you know risk is alwys there ). Have a look on Cairn... Vedanta is going to buy 51% stock in this and deal is supposed to be at premium of 20% above market price. They might have to buy from market as well.
All from CNBC

If Cairn India is being acquired at USD 8-8.5 billion, then the open offer works out to Rs 388 – Rs 412 per share. However the buzz in the market is that the open offer in Cairn India is seen at upwards of Rs 400 per share. So it is quite likely that the open offer may be over Rs 400 a share. That means Vedanta has to make an open offer of 20% making an overall stake of 71% in Cairn India which would cost around Rs 63300 crore in total