Today's Buy Levels

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Czar

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well just my view as RIL needs to bottom test & markets need to test the 4100 mini breakout... lets see, but shorting RIL, very dangerous...
 
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uasish

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uashish da,
do u think any downside here in ril, if yes wat is it, asking as a positional trader,( stucked with its short at 1980).
Regards
On 23rd June RIL Fut made a Low of 1986.20 ,which was infact a Pivotal Low,hence on 8th July when it broke that quite justifiably you Shorted.Before initiating this Short you must have seen the Stop - Loss point,which is quite a bit away.
Watch for to-morrow's High if below 2115.05 then if it trades below 2046.60 you can hold the short with 2165.05 Stop.Later if at all the Trade goes in your favour then today's EoD bar's High would be your Stop.
 
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On 23rd June RIL Fut made a Low of 1986.20 ,which was infact a Pivotal Low,hence on 8th July when it broke that quite justifiably you Shorted.Before initiating this Short you must have seen the Stop - Loss point,which is quite a bit away.
Watch for to-morrow's High if below 2115.05 then if it trades below 2046.60 you can hold the short with 2165.05 Stop.Later if at all the Trade goes in your favour then today's EoD bar's High would be your Stop.
thanks uashish da
 
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