Long or Short Opinion

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simple_trader

Well-Known Member
#711
#711
simple_trader said:
Dear rajputz,

Though ONGC is trading below all EMAs, going by last two candles, one big red and then insider day yesterday is giving a positive signal for a day or two. Though I would avoid this stock for trading as it has low volatility.
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ONGC bounces in expected line. As Raunak has mentioned 1060-70 spot range is resistance area for the stock.
 
praveen taneja

praveen taneja

Well-Known Member
#713
#713
Rajput sirji I am in FCS software uski support bataa sakte ho kahaan hai last mnth se 4 Rs pe atka pada tha aaj break kar gayaa:mad::mad::mad::mad:
 
chaitanyagoa

chaitanyagoa

Well-Known Member
#717
#717
rajputz said:
Praveen bhai....

sabke bich mein gilli chappal se marte ho...hum apse tips mangte hai:clapping:...aise public mein besti mat kiya karo:eek:...PM kar diya karo, main samajh jaunga:confused:...
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lolz..................:rofl:
 
chaitanyagoa

chaitanyagoa

Well-Known Member
#718
#718
Any Idea why were the banks falling apart and any comments on the snail paced Reliance???:mad::mad:

Again we have underperformed the world markets todays .. :|
 
R

rajputz

Well-Known Member
#719
#719
chaitanyagoa said:
Any Idea why were the banks falling apart and any comments on the snail paced Reliance???

Again we have underperformed the world markets todays .. :|
Click to expand...
Hi chaitanya...

Bank Nifty untill now is going right i think. Although it wont give that much shoot like 5th may every day. That happens once or twice in a trend. Untill now it is going right. The trend is up and intact. Check the chart below. If CCI hooks back with the LSMA line turning red, then it can give some worry.




Reliance is a bit Shaky at the moment. We need two or three positive days for uptrend to be intact. other wise it may come down forming a Tony trade, and a trend continuation to downside. Which i personally feel will not happen (Be ready for opposite though :)). Even if selling is there, i dont see much of volumes. So sit and wait for Closing above 1099. If that is taken out and sustains on closing basis, we may see further upside. Check the charts.





these are my personal views. need opinion from others too. Cant comment on world market.
 
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