Long or Short Opinion

[praveen taneja]

SHORT SELL
SHORT SELL ICICI BANK CMP @ 854
SHORT SELL IDEA @ 54.70
SHORT SELL ABAN @ 744
sHORT SELL UNITECH @ 73.50

not sesible to short a stock which is down 35% in a week

 

[munnabhai208]

BOOK 50% in IDEA CELL

Friend,
Your calls are good.......Pls post your calls in separate thread.

 

[SwingKing]

dear,
what abt. RCOM, is it time for long......( short and mid term)

Let me attempt to answer this.

Technically: RCOM or for that matter no telecom stock is showing signs of revival. They are still forming lower highs and lower lows. Support levels of these stocks lie very close, but whether they will hold or not, that only time will say. Price structure is very bearish. I won't get too much into the technicals as nearly everyone knows they look in a bad shape.

Fundamentally: What does one sector need to do to get in the buying zone ? Well, there must be demand, favorable price structure, fairly less competitive markets, cost optimization, growing market share and clarity on government rules and regulation to name a few. How many of these factors are in investors favor right now ? I'd say NONE. Demand is there, but it is being hampered by low prices. Market's are filled with competitors and penetration into the market's will get tough going forward. Government regulations and policy makers are doing their "best" to imbibe more uncertainty and lack of transparency. Furthermore, I fail to understand how the Telecom companies plan to raise so much money in order to counter the "over the top" bidding of 3g bands.

There are a lot of Analysts who are coming out recommending "Buy" on the sector. They are suggesting variety of measures on account of which the sector looks cheap (P/E, P/B, EBIDTA etc). Let me tell you, that these ratios, will continue to look attractive but the price might still head down. History has witnessed such cases in plenty and its better to avoid the same mistakes again.

What one can do is that they can keep a watch on the sector. And look for price action to suggest accumulation in the sector. Until and unless this happens, no matter how cheap these stocks look, one must avoid building positions in them.

Hope this helps.

Tc

 

[rajputz]

reliance gave a tonytrade on Firday. go long above 1055 only. Stay Short below 1047.

Colpal is looking good for shorting at 734/731.

I am paper trading Tatapower Short at fridays Close price. It was a nice ZLR.

JSWSTEEL gave a bg100 yesterday. Trend can be downside.

Infosys already formed a downtrend, and also gave a reject to downside. Closing below 2604 can bring more downside.

paper Trading ICICIbank, Cairn, bharatforg, NIFTY and HINDALCO Short on fridays closing price.

On daily charts the price has just reverted near the 20 and 34 EMA. CCI hook of ZLR is also good. If downward moves continue, i expect nifty to b around 5018 / 4966 / 4874.

Reliance down at 1010

Colpal at 721

tatapower 11298

jswsteel 1107

Infosys 2640

ICICIbank 855

cairn 282

bharatforg 264

Nifty touched a low at 4995

Hindalco 161.60

 

[rajputz]

http://www.traderji.com/fundamental-analysis/37748-systematic-approach-fundamental-analysis.html

This is the thread started by raunak sir, for the fundamental analysis. Long time back i read it and saved the material in doc format.

here is the link to download the content in word form: -
Fundamental Analysis - Systematic Approach

Subscribe to the thread also, as there can be new updations in material on the original thread also. Waiting eagerly.

 

[simple_trader]

One of the possibilities for today, is that market remains in a narrow range here around 5000. So far whatever chart has developed, nothing much to trade today. Just relax and chill out!

If we rule out any extra ordinary news flow etc., it does not make sense to do fresh short here in index.

Individual stocks are doing up and down a bit.

 

[praveen taneja]

No trigger for me yet....

IMO, you should consider asking Raunak, AW10, and Praveen Sir, on telecom sector. As my view will totally based on technical trigger, where as telecom sector needs a fundamental and technical approach to enter. Plus news Based.

Pls remove sir in front of my name it looks like someone calling me KHOPDI

 

[praveen taneja]

Praveen bhai
koi bhi stock apna low break karkey hi girta hai high break karke nahi girta

ushi tarah stock apna high break kar key hi badta hai low tod kar nahi

day trader key liya hai

:rofl::rofl::rofl:
Bhai mere girna to srishty ka niyam hai high break karke gire ya lo gravity pull everything down now question is on which side you are
when going up u are short or going down n u r long:clap:

 

[rajputz]

Cipla is currently trading positive and as mentioned by St is testing the 200 DMA. Just at it. Pivot low for the share is at 309.50. Any closing bwlow that bring further downslide to the share. Closing Below 309.50 only. Currently it is at 313 appx.

Share is at its long time support of 310. Tested it so many times in past also. If Breaks today and sustains on closing basis, then shorting is profitable.

Comments from all are welcome.

 

[praveen taneja]

dear,
what abt. RCOM, is it time for long......( short and mid term)

Bro dont know about charts but telecom sector is under pressure and that would ris enext mnth on number convertibility can only think to enter in it around or below 100:clap: