Once again Turtle Soup ..

[jamit_05]

HCL will face good supply in 663-665 band.. but after that.. no stops for another 10 odd points... so might not exit half ... lets see..

 

[jamit_05]

pantaloon out... 231.25... poorly traded scrip... less volume...

 

[jamit_05]

How did you arrive the SL price.And tell me the SL for todays Jindal steel and HCL.

No method .. just looking at a few things .. basic intention is to keep it less than a percent away.

 

[jamit_05]

As expected HCL is in a supply region... NF swung 15 pts... HCL sideways... if it manages to break out of here... then 10 points more to go... else Stop hit too...

 

[jamit_05]

Pantaloon 1/2 exit at 235.95... rest at 240.95;

HCL long Entry 664.55 SL 660.95 target 673.95 ... let go initial chance for entry to make sure there is some life.... fingers crossed... first level eagerly awaited..

Defense is required since Pantaloon misbehaved.

HCL SL raised to 662.85; below supply region. Risk halved.

 

[jamit_05]

HCL broke out.. bringing SL to break even. If faders succeed then we are not interested anymore.

 

[prabhsingh]

Jamit,

What do you think for Hero.20 day low was 1708 and today high was 1732.Current Spot price is 1713 so working well on TS+1.

 

[jamit_05]

Jamit,

What do you think for Hero.20 day low was 1708 and today high was 1732.Current Spot price is 1713 so working well on TS+1.

The underlying assumption in TS scrips is that the supply has been temporarily exhausted at the breach level. With the surplus demand the price should zoom off to the next resistance. This is our only advantage.

In case of Hero, since price has come down 19 pt (1%) I believe that advantage has already been exhausted. The very reason why I did not even look at Voltas today. However, both, Voltas and HH, could end-up being successful but then it would be for different reasons.

 

[jamit_05]

HCL long Entry 664.55 SL 660.95 target 673.95 ... let go initial chance for entry to make sure there is some life.... fingers crossed... first level eagerly awaited..

RR is tolerable... took 1/4th out in HCL. @ 669.55 (due to NF acting crazy)

 

[jamit_05]

HCL Tech... did us well. Sold another 1/4th at 671.95

If NF LOD break turns out to be false... HCL will surpass expectations.