Swing Delivery Trading

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Hi again Rajputz


Market is moving positive now. Not able to se where it is moving towards north or south. earning season on the move what effect expected.
Also todays IIP numbers were disappointing.



AshPats
 

rajputz

Well-Known Member
Hi again Rajputz


Market is moving positive now. Not able to se where it is moving towards north or south. earning season on the move what effect expected.
Also todays IIP numbers were disappointing.



AshPats

Yup...But even after bad numbers we saw a bull move of 140 points.... from -30 to +114...thats quite good...market bounced from previous support levels...giving a tripple bottom reversal. I averaged my portfolio and the current future holdings...will update them later...
 

Yup...But even after bad numbers we saw a bull move of 140 points.... from -30 to +114...thats quite good...market bounced from previous support levels...giving a tripple bottom reversal. I averaged my portfolio and the current future holdings...will update them later...
Thnks. But will this bull move continue for tomorrow.
Infy numbers coming up tomorrow with Inflation numbers for 2 Jan weekend.
Day after tomorrow Wholesale Inflation data for December month.
Hope these number give some power to bull for running.

Bye

AshPats :clapping:
 

rajputz

Well-Known Member
Thnks. But will this bull move continue for tomorrow.
Infy numbers coming up tomorrow with Inflation numbers for 2 Jan weekend.
Day after tomorrow Wholesale Inflation data for December month.
Hope these number give some power to bull for running.

Lets c and hope for the best. Till now nifty is in bull move over hourly charts. Lets c if trend changes over daily charts also.
 

rajputz

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Hi Mr Rajputz,
Today Infosis seems to be the main culprit to down the market . What are your views about the future trend?
Hi pshirukar,

I know. Even when i came to know about infosys on january 3rd that it has results on 13th, i was my self ready to buy some puts. No reasoning behind it, but i dont know how i forgot about it. Any ways its gone. Today i expected market to remain little down or sideways but not a 100+ points down. Hope to see some bounce tomorrow. I think this points is itself the base. Although the results period can shake everybody.
 

prst

Well-Known Member
Hi pshirukar,

I know. Even when i came to know about infosys on january 3rd that it has results on 13th, i was my self ready to buy some puts. No reasoning behind it, but i dont know how i forgot about it. Any ways its gone. Today i expected market to remain little down or sideways but not a 100+ points down. Hope to see some bounce tomorrow. I think this points is itself the base. Although the results period can shake everybody.
any pointers about the wipro and tcs results next ?
 
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