Long or Short Opinion

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praveen taneja

Well-Known Member
Placed a punjlloyd short at 121.20
Not a good Idea as placement to FIIs were done around 220 so if this dead cat bounce would be amazing to see waiting to enter around or below 115 but waiting as Dow fut now -71 Dax and Ftse also in Red suggest negative EU opening:thumb:
 

rajputz

Well-Known Member
Not a good Idea as placement to FIIs were done around 220 so if this dead cat bounce would be amazing to see waiting to enter around or below 115 but waiting as Dow fut now -71 Dax and Ftse also in Red suggest negative EU opening:thumb:
Then i have to review my idea sir g. and will have to put a stoploss buy at 121.90. Dekhe Range kidhar mko jati hai..
 

praveen taneja

Well-Known Member
Bro commodity is down for last 6 mnth or so and almost bottoming out instead of eyeing it for short one can keep eye to enter for good return in long side but u people know better then me
 

SwingKing

Well-Known Member
Is it Elliot wave Finishing its pattern of 1 2 3 4 5 then followed by correction of a b c on Nifty call 5100.

Check the chart.

I'll show u how to do the wave number correctly. Will do it by weekend. In this case your wave numbering is not correct.

Tc
 
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