Long or Short Opinion

[praveen taneja]

There is fault in cheating another, however there is no fault in being cheated.

 

[vssoma]

Buy
For those who are comfortable with the buy at these levels, have a look at the chart of LT. It has come out with positive momentum after hovering in a very weak downtrend. Price never ever was able to break the support of -100 line over CCI. Movement over the stochastic is also gaining a little strength. Buyers can look at the charts of LT for long positions.


Sell
For those who looking for the shorting opportunities can look at the chart of Bhel. It is standing at its final support of 1859 and 1851, breaking of which can bring massive correction opportunities. Be cautious. CCI is giving me a trend reversal signal, and oscillators are also gaining strength for downward movement.



At these higher levels, my cards are on selling side the most. Wont go for buying at the higher levels, as that's the part where traders get caught. I will be happy to miss the move, rather then trading with insecurity at higher levels.

:thumb::clap:

 

[rajputz]

I am looking for some buy opportunities on IDFC. Price has broken the long term resistance at 187 with good volumes. Stochastic and RSI is also looking good. If market is moving to upside then it can be good pick.

 

[rajgreenpeace]

@RAJPUT i have a q please reply in swing trading how much return is good..menas 3 to 5 days

 

[rajputz]

@RAJPUT i have a q please reply in swing trading how much return is good..menas 3 to 5 days

Hi rajgreenpeace,

the question you have asked may yield different result for different traders. But if you ask me then for 3 to 5 days i prefer a return of 4-6 percent or more on the basis of point on Scrip price and not the total amount i have in my trading account. Say for a share with a price of 100, i would look for minimum profit target of 4-6 points in 3 to 5 days and more is welcomed. But usually i get more. So minimum is this. Also i prefer to go with the system and without looking at the price. I prefer to enter with my system and exit with the system. Without worrying about points.

 

[rajputz]

dena bank is looking good to short on half hourly charts...stochastic and rsi are also good for the fall...keep and eye....

 

[rajputz]

on 30 minutes chart check hcltech and hindalco for shorting also...these have good signal over denabank...denabank can do any thing, but hcltech and hindalco i am little comfortable...will check the performance of these over intraday in evening...may have to rush for my classes....

 

[rajputz]

tatasteel also looks good for buying side...breaking to higher side in initial 30 minutes...well next minutes will be deciding...

 

[vssoma]

There is fault in cheating another, however there is no fault in being cheated.

dear,
if you are giving chance to cheat for second time, it is definitely your fault.

 

[rajputz]

jswsteel and Siemens are giving me buy signals...