Long or Short Opinion

[alroyraj]

Hi
I would like to b guided in nifty future trend for expiry. As I have faced huge losses recently.

Avoid holding nifty options to expiry if you intend on taking a directional call on the index use futures. Have an idea where the supports and resistances are using the options data.
Observe the direction and strength of the index heavyweights to have an indication of nifty direction.
Nifty futures as with any other futures have to converge with the spot price so try to exit early before 11 .

 

[rajputz]

I have my exams from last friday, and the schedule was test as my brothers marriage is approaching on 10th october...so really a hectic schedule...will return after that...untill then all i am doing is just having a look at my delivery holdings at eod...I request everybody, if they get any countermovement from nifty on their systems, like sell signal or downmovement then please update here. I am waiting to clear my delivery shares and waiting for a re-entry on correction...

 

[rrmhatre72]

the thread is not dead,friend. There are regular followers like me, who turn up daily for your updates.

saivenkat

+1 .............

 

[rajputz]

Powergrid generated a buy signal today on daily charts...a little weak though but volumes are good...a little upmove is expected...On weekly chart it has already given a buy few weeks back and still in uptrend. Accumulated today 900 shares of it.

chck the charts and advice: -

 

[rajputz]

On daily charts Idea has generated a sell signal....keep an eye...

 

[rajputz]

Looking for some long positions on HINDZINC. It breaked the resistance with good volumes. Weekly charts are also looking good. Keep an eye...

Keep a close eye on HCC also for long trades...

 

[rajputz]

Looking for some long positions on HINDZINC. It breaked the resistance with good volumes. Weekly charts are also looking good. Keep an eye...

Keep a close eye on HCC also for long trades...

HCC already up at 63.6

 

[rajputz]

Updates HCC at 65.65, Hindzinc at 1233.

reliance crossed the major resistance at 1050. 1100 is very much possible.

 

[rajputz]

closing above 1050 is necessary for reliance to sustain the upmove

 

[rajputz]

Holding some long positions in ibrealest at 189, sail at 222, tatapower at 1422, lic 1424, relcapital at 846 on Hourly charts...if possible will extend them to daily if proper signal is generated...