Long or Short Opinion

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rajputz

Well-Known Member
Praveen bhai
for example
agar mano sterlite ka aaj ka low 654 aur aaj ka high 687
cmp is 658

to kya ster 687 key upar jaa kar aaj girega
ki 654 ko todkar girega
bhaiya please batao
This method is only applicable for day trading IMO. You cant apply it successfull on Swing or BTST. The share movement like NTPC can ruin all the profits. It is one day up and one day down.
 

praveen taneja

Well-Known Member
Praveen bhai
for example
agar mano sterlite ka aaj ka low 654 aur aaj ka high 687
cmp is 658

to kya ster 687 key upar jaa kar aaj girega
ki 654 ko todkar girega
bhaiya please batao
Bro when operator want to throw a stock he always break HOD and then bring stock to hell zone and vice versa that meri small brain tells me but u TA guys know better then me:thumb:
 

rajputz

Well-Known Member
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:
Bilkul mat khareedna VSSOMA. Praveen bhai ke to main tukka trading se be darta hoo, aur yaha to pura analysis kar diya...inka tukka tak mera technical analysis fail kar deta hai, aur ab to inhone pura ka pura analysis kar diya hai...panga mat lena bhai.... :rofl: maine iki suzlon ki future analysis avoid ki thi...aj tak bhugat raha hoo...it is heading to 55.
 
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rajputz

Well-Known Member
Todays low on Cipla is also 309. Now if the price comes down and close below 309.50, then it will indicate that bears were incharge of the motion at the end. and that gives us quite the information, which way the price will head in coming days....keeping close eye on Cipla...
 

praveen taneja

Well-Known Member
praveen bhai
KOI NAYA THREAD BANAO LONG INVESTOR KEY LIYE
AAP LONG INVESTOR KEY LIYA KAFI FAYDEMAND SABIT HO SAKTEY HOO
BLUE CHIP KHARID LOO ONE YEAR KEY LIYA FAYDA HOGA
UCO BANK, RELIANCE, SBIN, TATSTEEL, NALCO, MCDOWELL JAISEY SHARE BADIYA HAI KYA
UCO BANK, YES
RELIANCE,Yes
SBIN,YES
TATSTEEL,NO
NALCO,NO
MCDOWELL can think off 50/50
PURVA YES
Relcap YES
 

rajputz

Well-Known Member
Hi sarlamonu,

definition of trend is different for every one. I mostly see a trend based on my cci method.

and other common method for me is like higher bottoms for uptrend, and lower tops for downtrend.

Whenever price breaks the recent higher bottom, which is broken in the case of cipla, downtrend is established. Now if the price action braks the previous high from here, which is around 350, then it will be uptrend establishment again. But if it fails to break the 352 and falls before that, then it will be downtrend. But for now downtrend is already established as recent higher bottom was broken to downside.

If you see the chart below you can see that, between the blue support and resistance, this share is trading a rangebound behaviour. it can still retrace upto 302 levels or even more, if something drastic happens. Higher bottom was also broken on 10th may.

 
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