Manish Damani

[MANISH_DAMANI]

selling 6 lot 5283 .sl 5290

 

[MANISH_DAMANI]

exited at 5282 6 lots

 

[MANISH_DAMANI]

now no more today as no movement much seen. Carrying my 4 lots. Try to sell it in profit. 5270 is my breakeven now after trading and managing.

 

[dineshknp]

exited at 5282 6 lots

Hi Manish ji, will crude break 5200? ur opinion?

 

[MANISH_DAMANI]

Hi Manish ji, will crude break 5200? ur opinion?

Bro now breaked 5290 so difficult to say now I am carrying in expectation of 4 hrs macd crossover and overbought zone in daily, 5 hrly chart so I am carrying and I will square up in profit only. My breakeven is now 5270. So not much tention as capacity to hold.:thumb:

 

[MANISH_DAMANI]

but one thing sure if fall starts it will be steep as earlier. 100-120 points highly possible.

 

[Alfred595]

Thank you sir for your valuable advice/suggestion. Hoping to gain more from your knowledge and expertise.

 

[megapixel]

crude is going rude ...

 

[MANISH_DAMANI]

crude is going rude ...

if $98 breaks and sustained above it in weekly chart then breakout of symetrical triangles in weekly chart. Target will be $106-110.Before that I will be in sell side. it is now given closing at $97.17. IN MCX also symmetrical triangle break out possible if sustaining above 5265. Target could be 5457/5498/5635/ 5721 (Symmetrical triangle target). I will also exit if on Monday if no correction and be in buy side with same position. Loss possible of rs 12000-15000 in that case. But its all part of game specially in positional not a big deal. So strategy will change above $98 once subject to market condition.For going up for good upside crude have to consolidate between 5265-5372 a trend line resistance in weekly chart for few days. So that way for upside be more confidently cleared.
:thumb:.

 

[MANISH_DAMANI]

dont buy copper in hurry let it come near 403 a symmetrical triangle target in down side. At that time we will decide.