Long or Short Opinion

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scplindia

Well-Known Member
#542
#542
I too agree with you, the problem with indicators in a choppy market is that they are also choppy so do not give correct status, it just is unreliable in these circumstance, your sl will only be hit. Best to play with supports and resistences, which is much more reliable in these circumstances.
 
praveen taneja

praveen taneja

Well-Known Member
#544
#544
scplindia said:
you can see that RNRL and REL CAP are taking support from their supports and going up, RIL is struggling below, 1030, it needs to scale 1035 to be bullish again.
Click to expand...
never believe what u see in stock mkt can b a n operator trap too:thumb:
buying may 1000 put and 1050 call is best in these circumstances:clap:
 
R

rajputz

Well-Known Member
#546
#546
Bank Nifty gave a ZLR yesterday, giving a nice hook to upside. Check the charts.




Nifty Still in downtrend. Crossing and closing above of 5265 is above for continued uptrend.



 
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scplindia

Well-Known Member
#547
#547
as posted by me RNRL, RELCAP, are now up taking support at 66 & 725, RIL resistence at 1035, struggling, trying to go up, but coming back below the resistence, if nifty cracks, then RIL should touch 980, the question is Whether nifty will be brought down by RIL or viceversa, who is going to bring whom down.
 
chaitanyagoa

chaitanyagoa

Well-Known Member
#548
#548
scplindia said:
as posted by me RNRL, RELCAP, are now up taking support at 66 & 725, RIL resistence at 1035, struggling, trying to go up, but coming back below the resistence, if nifty cracks, then RIL should touch 980, the question is Whether nifty will be brought down by RIL or viceversa, who is going to bring whom down.
Click to expand...
I personally feel there was a lot of buying going on at the 1030 levels for RIL yesterday............... Will post the charts later....:)
 
chaitanyagoa

chaitanyagoa

Well-Known Member
#549
#549
rajputz said:
Me back guys...finally with my bike....Back to work now....Sorry last post regarding this.
Click to expand...
That is one hell of a Beast lolz.... I love cruisers..............:)
 
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