Long or Short Opinion

[simple_trader]

INFY may do short covering and help NIFTY to move to 5400 future today.

happy trading!

 

[rajputz]

keep stoploss at 5350 praveen bhai...crossing it will go above

 

[praveen taneja]

Thnk you bro but I am out at 164 as I was feeling a sideway from here and as today is my half day and vollume is less in may I am now in RIL 1120 put and 1140 call at 40 cost of set lets see

 

[rajputz]

praveen bhai, check hindalco and suzlon...comment on that...both acting opposite today...

 

[praveen taneja]

praveen bhai, check hindalco and suzlon...comment on that...both acting opposite today...

Hindalco I dont know but surely buy suzlon at 55 for long term for my kids till then its a sell on every jump:thumb:

 

[scplindia]

agree with you, Hindalco looking strong and Suzlon weak. With Hindalco, I suspect that the up moves is due to dollar coming down, sending Aluminum commodity price up. But Suzlon, no idea, the stock has been in the range of 74 to 75.5 for the last one week. Pl suggest if we need to exit.

 

[praveen taneja]

what I am looking for is 70 in suzlon below that it would open gate of hell for traders investors can get a good stock at throw away price I am not an Tech nikal analyst but know every rise in this is a distribution

 

[simple_trader]

INFY may do short covering and help NIFTY to move to 5400 future today.

happy trading!

As expected INFY triggers short covering!! choppy market , it is better to be protected with trail SL always.

 

[scplindia]

jsw steel has formed H&S pattern with neck line at 1250 level, pl check with your charts

 

[rajputz]

see the support and resistance taking points for nifty...