Long or Short Opinion

[rajputz]

Y did u buy and sell....... Incase u do that u have to have a strategy.... which i am unaware off!!!!! I see no point in buying and selling the same stock when we dont have a strategy

At first it gave a trend Reversal signal, which was positive to upside...but the same failed when tony trade occured. Its better to square off then to hold the wrong position. lemme show you what made me hold and what made me reverse...

 

[simple_trader]

Posting tatamotor chart. 820-823 spot would act as resistance/breakout. It offers trading opportunity. One needs to judge it on next week and trade accordingly.

Tatamotor did not even bother to touch resistance, it fell before hand. At least chart would have helped people to not go for long.

 

[simple_trader]

Dear rajputz,

I myself is expecting a range bound moves on next week, broadly between 5300-5400.

As per my understanding, favorable trade would be catching a move from 5400 NF to 5320 around.

As far as option position is concern, i am expecting some kind of wild moves in index and stocks in 3rd week of April series. I guess, your position should give good return then. May be, be balanced in calls puts in strong and weak stocks. so that you can gain when move comes irrespective of the direction.

Fall only below 5290 NF, but do not expect rally much in break out above 5400 NF. This is applicable for next week.

Happy trading!

regards

Still this view stands for this week. market to remain between 5300-5400 range bound.

We can see directional move (may be big move) from next week onwards.

 

[scplindia]

At first it gave a trend Reversal signal, which was positive to upside...but the same failed when tony trade occured. Its better to square off then to hold the wrong position. lemme show you what made me hold and what made me reverse...

Suzlon, has breached the support, when market falls less than 1/2 percent, this stock falls more than 1 1/2 percent, so far no good news on the stock, it is anyway going to post a loss, and no dividend.

NO GOOD news, Long term Support trend line broken, how can we take a positive view on the stock, I think we need to short the stock on Thursday, if it fails to scale 74.

I exited the stock, because I got a feeling that even 73 is going to difficult on Thursday, with inflation numbers due, which is going to be high.

 

[simple_trader]

At first it gave a trend Reversal signal, which was positive to upside...but the same failed when tony trade occured. Its better to square off then to hold the wrong position. lemme show you what made me hold and what made me reverse...

Suzlon may be in no trading zone. Better to avoid it.


happy trading!

 

[praveen taneja]

I never understand why you guys become compulsive trade wait for ur turn and when see iron is hot just give it a hammer
in daily it can b u can have many small gains but many sl too thats why wait with patience for good gain which is as far as I think is on downside in it
Disclaimer > I dont have any personnel enimity with suzlon promotors or people who are long

 

[rajputz]

Ghost has occured on YESBANK. Long term support is also broken. Further fall can come, as market has also shown its colors today. Be cautios.

 

[rajputz]

I never understand why you guys become compulsive trade wait for ur turn and when see iron is hot just give it a hammer
in daily it can b u can have many small gains but many sl too thats why wait with patience for good gain which is as far as I think is on downside in it
Disclaimer > I dont have any personnel enimity with suzlon promotors or people who are long

Hi praveen bhai,

Please enlighten us more on this....

 

[rajputz]

SBIN - Check stochastics and Adaptive CCI forming ghost on State bank of india. Suggesting further fall in price.

 

[rajputz]

SAIL - Sail has broken all the barriers. Uptrend Trend line is broken along with the supporting horizontal line is tested. Breaking upon which can lead to further dowside move.