Today's Buy Levels

[ghatotkatch]

taken delivery state bank 1250
stop loss 1229

So SL Hits or Not?

 

[deb99891]

Any up move after a descent fall can not be a straight 45 % .
A phase of volatilty ,then a lull in volatility ,with some base building is neseccasry.

yes asish da
agreed
but 2day i was expecting a panic bottom(like a downthurst eod bar)
as this is not formed so confused a bit again to aggresively take long entry
neway took position 2day adlabs @501.5 (trailing stop 510)
lets see

 

[renu daga]

Any up move after a descent fall can not be a straight 45 % .
A phase of volatilty ,then a lull in volatility ,with some base building is neseccasry.

a phase in vol.....this is called consolidation

renu

 

[rajaram.dilipkumar]

went through the open interest data for june contract of major stocks and in majority of the stocks the open interest bulit up was seen on days when the stocks were up and not down . This indicates that the often abused word short-covering rally may not come barring an odd icici bank ,jp associates , maruti , neyveli , dlf and ashok leyland where the oi bulit up was seen even on down days..if a rally comes through today it will be due to reasons other than short covering probably a long buildup..

 

[uasish]

How do you account for massive discount in July Series,to day at some time it was even mind boogling.
I took a small Long position only on one notion,arbittragers are going to act at some moment of time.

 

[deb99891]

now dji is 11492
broken 11600(after filterring)
so let s see for some capitulation tomorrow

 

[biyasc]

Holding Ongc (cash) Long @845.xx, With A Stop @839.XX.

 

[biyasc]

Holding Ongc (cash) Long @845.xx, With A Stop @839.XX.

still holding, but no movement in price.

 

[biyasc]

Holding Ongc (cash) Long @845.xx, With A Stop @839.XX.

long stop hit (-6 rs.), shorted @839.xx, stop 845.xx.

booked 50% profit @829.xx (+10 rs.), holding the rest with same stop @845.xx.

 

[biyasc]

long stop hit (-6 rs.), shorted @839.xx, stop 845.xx.

booked 50% profit @829.xx (+10 rs.), holding the rest with same stop @845.xx.

stop profit for the rest 50% short @825.xx