Traders Diary

[Sats]

Hi Renu,

I noted that u often buy bharatforge @ 290 level and sell @ 300 level or going short @ 300 level and covering them @ 290 level... But now, BForge is trading at 283. So would you suggest us to buy it for 10% gain in short term (2 weeks)???

Thanks,
Sats.

 

[renu daga]

sorry saw very late ,,ur messges...
1...stay out fo buying nifty rgt now,,as i told its weak in eod ,,,(sell)....its forming desnding trianlge with suport 5000,,which broke,,now!!!

2...bharat foreg well is one of my fav scrip with less risk,,,,and medium return(amount u invest),,,,i am in favour wiat for 275 levels,,,,where it is utmost safe,,though 283 is also not bad,,
i a, myself holding stcok of 295!!!
and will surely buy when it shows bottom out!!according to my top / bottom indicator

renu

 

[moneygurukul]

sorry saw very late ,,ur messges...
1...stay out fo buying nifty rgt now,,as i told its weak in eod ,,,(sell)....its forming desnding trianlge with suport 5000,,which broke,,now!!!

2...bharat foreg well is one of my fav scrip with less risk,,,,and medium return(amount u invest),,,,i am in favour wiat for 275 levels,,,,where it is utmost safe,,though 283 is also not bad,,
i a, myself holding stcok of 295!!!
and will surely buy when it shows bottom out!!according to my top / bottom indicator

renu

Thanks for your advise but I purchased @ 5010 and sold @ 5025.

 

[Sats]

2...bharat foreg well is one of my fav scrip with less risk,,,,and medium return(amount u invest),,,,i am in favour wiat for 275 levels,,,,where it is utmost safe,,though 283 is also not bad,,
i a, myself holding stcok of 295!!!
and will surely buy when it shows bottom out!!according to my top / bottom indicator

renu

Thanks Renu.

 

[V FROM TCR]

hai renu.
Can I buy bhart forge arround 275,is it okey?

 

[renu daga]

i think so ,, rgt now bharat forge will surely take support at 275/277

renu

 

[renu daga]

nifty thought will take support at 4940...but seems some more is still left....

but monday we can see some bounce back,,,!!

(crude oil short at 5200,,is surrently at loss,,5500,)..paper trade,,still weekly is showing good neg div,,, hope crude oil will surely fall,has shown its high!

renu

bharat forge275bought some stock to averge out here

 

[pshirurkar]

Hi renu daga.
On friday us markets closed in red( dow was down by 145 pts , more than 1%).. and on monday us markets are closed.
previous support for nifty was at 4914.... .
so considering the gap down opening for nifty on monday still do you expect the bounce on monday?

 

[renu daga]

well...my analysis for nifty bounce back was done before dow mkt opened baesd on intraday chrts on 3/30 pm... which were overosld...

i think we mays ee down gap,,but soon covering will be made
60 min,,is still not showing diveregnce(tops/bottom indicator),,,

nifty is holding the last two supports on 4940..
i had already told nifty will move down but n teh contrary it moved up for 2 days and now finally wnet down,,..still holding the extreme trend line but i think will be broken tom,,4890,,,,nifty!!

lets see
well i am totally out ,,except few stocks,,already told to stay away(in longs)

renu

 

[renu daga]

4890/4870..excat support for nifty for time being,,,but still has violated teh trend line,,sdo just till now pull back

nifty will utmost come back till 5040/5070....and last 5100..were positions should be liquidated,,

60 min has shown trend chnging/ and a buy signal generated

renu