Long or Short Opinion
- Thread starter rajputz
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As I have updated in another thread, it seems that NF can get support around 4880 today and show some up side. In case, we continue to trades below 4880, it would confirm that possibly we are continuing the down move of nifty and it has to look for next support. Trade as it flows. There is a possibility that market getting contracted today, option buyers to be careful.
Happy trading.
Happy trading.
HI St,
I just checked ACC. For me there is no sell or signal yet for the stock. Moreover it can slide down if it closes below 851. The CCI system i check and Stochastic RSI are not giving any signal Yet. Pivot system though suggestes that if it closes below 851, then we can see some downside. Trading above this it can bounce back, as it is standing in the long time support range of 824-855.
Also as you mention that 200 DMA is important, then you might see that it take resistance to go up just neas the 200 EMA and also closed below it, and also just below 20 and 34 EMA. With adverse market condition one can short below 851 only.
I just checked ACC. For me there is no sell or signal yet for the stock. Moreover it can slide down if it closes below 851. The CCI system i check and Stochastic RSI are not giving any signal Yet. Pivot system though suggestes that if it closes below 851, then we can see some downside. Trading above this it can bounce back, as it is standing in the long time support range of 824-855.
Also as you mention that 200 DMA is important, then you might see that it take resistance to go up just neas the 200 EMA and also closed below it, and also just below 20 and 34 EMA. With adverse market condition one can short below 851 only.
The two shares that i selected for intraday shorting today are zeel, and LICHSGFIN. Please check and leave your views.
Zeel trading below 290 can be shorted for intraday, and closing below 275 for swing. Similarly LICHSGFIn at belo 919 for intraday, and closing below 913 for swing.
For both the shares, currently the momentum is down on cci, and trend continuation signals were there. Stochastic and RSI were also heading to downside. Closing point show the pivot low levels, below which further fall can come. Only on closing basis.
Zeel trading below 290 can be shorted for intraday, and closing below 275 for swing. Similarly LICHSGFIn at belo 919 for intraday, and closing below 913 for swing.
For both the shares, currently the momentum is down on cci, and trend continuation signals were there. Stochastic and RSI were also heading to downside. Closing point show the pivot low levels, below which further fall can come. Only on closing basis.
The two shares that i selected for intraday shorting today are zeel, and LICHSGFIN. Please check and leave your views.
Similarly LICHSGFIn at belo 919 for intraday, and closing below 913 for swing.
For both the shares, currently the momentum is down on cci, and trend continuation signals were there. Stochastic and RSI were also heading to downside. Closing point show the pivot low levels, below which further fall can come. Only on closing basis.
Similarly LICHSGFIn at belo 919 for intraday, and closing below 913 for swing.
For both the shares, currently the momentum is down on cci, and trend continuation signals were there. Stochastic and RSI were also heading to downside. Closing point show the pivot low levels, below which further fall can come. Only on closing basis.
Completed the first and the second target...Looks like headed for the third target of 870
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