Long or Short Opinion

[rajputz]

Cant suggest....too confusing. Btwo crossing of stochastics are at the same points, second one being a little lower. Also lets go with market. Indecision about nifty.

 

[columbus]

Hi Rajputz,

I think you scored the fastest century in this forum.(less than 3 months).
Congratulations.

 

[simple_trader]

Is DLF Weekly chart showing positive divergence? Please confirm. If it is true, we could see good rally in DLF.

Happy trading!

Have a look at following chart. I do not have a good charting software

It seems to be a positive divergence! Let's see how it behaves in coming days.

Also being a trader, we have to give equal importance to pattern failure.

http://img36.imageshack.us/img36/9105/dlfweekly.jpg

 

[rajputz]

Hi Rajputz,

I think you scored the fastest century in this forum.(less than 3 months).
Congratulations.

Thanks columbus bhai. Its wid the participation of all. Well my guns are prepared for this monday. Will be trading actively so will be back with more. and Live.

 

[rajputz]

Renuka - Buy

I am considering a Buy on Renuka. After a long downtrend, the share has started to show some good upmove with increased volumes. All the indicators are also supporting for Renuka.

CCI has gone to positive with a strong bounce, to + lines. Stochastic and RSI is also having a nice Rise. Pivot high is also broken for last few days which was at 57, showing a strong upward move.

Level above to stay long is 59 above which it can touch 62.7 64.8 68.5 . For the irratic behaviour of market, keep the stoploss at 57.

Check the charts: -

 

[rajputz]

Check Allahbad Bank for upmove.

 

[rajputz]

Simmilar tonytrade have oocured on andhrabank also. Giving a move to upside. Please check.

 

[rajputz]

Check BIOCON for buy side.
both Stochasitc and RSI are positive, and Pivot high is also broken.
CCI has also gone positive...

 

[rajputz]

YESBANK - Buy

Yesbank has also given some strong movement to upside. Check the charts: -

 

[simple_trader]

There are two resistance levels in NIFTY 5075 spot and 5098 spot. One must be a bit watchful/careful for intraday long. It may not be a good idea to go long without enough momentum. Support for market is at 5010 spot around.

Happy trading@!