Stock FUTURES To Keep A Close Eye On

SavantGarde

Well-Known Member
Hi SM,

Yesterday Angel gave a call to Buy the futures of STER for short term.... and my friend who has an account with them....called me and asked whether he should pickup..... I only told him...I have seen Angel's calls go bust most times....and their record is so pathetic....why would he want to go with STER.... instead why not Hindalco... Oct Futures.

Rest is history....


Happy & Safer Trading

SavantGarde

Exited at loss :mad: @164/-.

One and FiRST you can say FUTS trade after many (successful) Equity trades and this one had to go wrong :mad: :mad::mad:
 

MurAtt

Well-Known Member
Nopes.

1. It has gapped down solidly.
2. After staying stable at around 164 levels in cash throughout the day, the stock started falling again and closed somewhere around 161.xx at the end of the day - which shows weakness and uncertainty to long term players who exited.
3. Nearest support is 159 which again cannot hold if plant fails to open in extreme short term.

My risk was defined at SL 172 BUT unfortunately it gapped down much. Though I was expecting it since I read in the morning paper, the court order in the clipping.
 

SavantGarde

Well-Known Member
Dont get fooled by short covering tomorrow....new shorts will open up in the new series....

SavantGarde

Nopes.

1. It has gapped down solidly.
2. After staying stable at around 164 levels in cash throughout the day, the stock started falling again and closed somewhere around 161.xx at the end of the day - which shows weakness and uncertainty to long term players who exited.
3. Nearest support is 159 which again cannot hold if plant fails to open in extreme short term.

My risk was defined at SL 172 BUT unfortunately it gapped down much. Though I was expecting it since I read in the morning paper, the court order in the clipping.
 

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