Traders Diary

[renu daga]

now...
the chart has been....posted,,
the different aspects fo study ,,are
...the three trend lines.giving the down trend ,, levels when every support of going up is broken,
the small trend line is the medium term trend line whihc has been broken atv 4200 levels
4550 is he total retracemnet of fall form previuos good high to last good bottom,,

the long term trend lien is about at 4550,,in terms of cash nifty
this has been the sma evertical moves which had happened eralier in sept 2007

200 dma is too far at 4807,,so overall we can conclude for exiting our long positions...is 4200 the medium term trend line
becuase afetr 4550 we should surely see some hault and we can come back till 4150/4200 again...

teh most imp ,, is what we can see is many nifty leading stcoks ,,as wel nifty wsa bottoming out
stocks like sterlite / sbi / tisco/ lt,, hindalco...

renu

 

[freakin]

now...
the chart has been....posted,,
the different aspects fo study ,,are
...the three trend lines.giving the down trend ,, levels when every support of going up is broken,
the small trend line is the medium term trend line whihc has been broken atv 4200 levels
4550 is he total retracemnet of fall form previuos good high to last good bottom,,

the long term trend lien is about at 4550,,in terms of cash nifty
this has been the sma evertical moves which had happened eralier in sept 2007

200 dma is too far at 4807,,so overall we can conclude for exiting our long positions...is 4200 the medium term trend line
becuase afetr 4550 we should surely see some hault and we can come back till 4150/4200 again...

teh most imp ,, is what we can see is many nifty leading stcoks ,,as wel nifty wsa bottoming out
stocks like sterlite / sbi / tisco/ lt,, hindalco...

renu

Thnx for the post Renuji...

really helpful!!!


Thnx,

Regards.

 

[kvram]

THANK YOU renuji after gap good help ,plz do follow it up for ppl like me .

 

[renu daga]

thnks

i just posted,,, though it wsa very simple ,, but trying to help,,,u so tha we all can simply jusdge teh simplest form in knowing the trend
and see a sper trend line teh whole day wsa negative,,, because we had little space ,, as per upper trend line

renu

 

[renu daga]

so nifty future ha stested 4250/ levels

chances are very less in pulling up ,, now unless it pulls back to previus formed high no positive scenario can be decalred

just see teh chrat repeatedly low peaks .. an dlower troughs are forming
the counter aspect nifty in weekly is standing in buy zone,,,
so i think we will afce down,,, for few more months

renu

 

[koolfriend4u]

hi renu

hav u seen suntv one of ur favii scrip ?

made double top @ 296 & making new low -nw @ 232

yest why the sudden shorting came any idea?

 

[renu daga]

yh noticed,,,, i think its good level o buy at 230 levels still no confirmation,,, but shall check teh chart and soon post

actually i stopped trading at that stcok but soon will fetch

renu

 

[renu daga]

long in lt....aug series,,

with stop of 2558...
lt is running in achannel,,, so evry good selective stock to trade

renu

 

[biggles]

hi renu,

any scrips (nifty) for tomorrow,spot, intraday??

thanks

 

[renu daga]

sold lt...in penny!!

waiting for naother confirmation to buy,,,


renu