Long or Short Opinion

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rajputz

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#736
#736
raunakagarwal said:
Had i been you, I would have shorted this stock with a stop loss of 1410. Risk reward is good. Below 1350 this stock can move down to 1200 levels. But only below 1350.

Tc.
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Thanks for the comment raunak sir.

I am seeing it long above 1352 only. If it retraces back below these levels, then its a sure short. above that 1367 1375 1386. lets c. Trend Decider for me is 1352.
 
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rajputz

Well-Known Member
#738
#738
kanaka said:
Members what ur suggestion on NIFTY??? I feel there is nothing happneing in nifty and chances are more to go down.

Please share your thoughts.
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5200 is proving a sound resistance to nifty today. As off today, on spot nifty, IMO 5180 is the trend decider. Short below it. A Closing above 5200/5213 can give further upside. Untill then no trade zone.

Sit and wait time between 5180 and 5213 for me atleast.



On Spot nifty, 5180 is getting tested again and again. God i Dont have the real time data at the moment. Really feel helpless widout my amibroker inbtraday charts.

lets c where it breaks.
 
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