Traders Diary

[renu daga]

and whne u are going against teh bnad are tehn quickly cover ur trades back

now nifty a smentioned moving far up from band area since crossed 77...now 30 min hurdle is 4210

renu
all as futures

 

[smarttrader42]

Dear Renu,

TISCO seems have gvn breakout. Chk and cnfrm.?

Smarttrader42 (Vipin)

 

[renu daga]

rgt
even i was spotting tisco for breakout an dwanted to post

but like now we can see,, its al shortcovering of tisco which had huge tsq
well above 80 one can look for ot buy in tisco
wekly / daily are comp oversold in tisco...
my optimum tisco down tgt was 550...and it ran much below it,,,100 rs down...

renu
tisci is travelling on 50 min band are awhihc is 80,,if crossed and close dsucessfully we can see some up mve atleast 523,,,as per teh ret levls since faling form 600

 

[smarttrader42]

TISCO can do 536 - 540 in this upmove.

 

[renu daga]

one more stock ,,LT
showing stoc doublr bottom... with pos div

seems bottom out at 2400 levls

 

[renu daga]

welll nifty second tgt acheived at 4270

it has taken abrupt run from 4174..
thiors is 4330

if we go for correction ..4174 shall be the limit

renu
tisco running well85
whci can be carried pos with tight stop of 80

 

[renu daga]

holding nifty fut,, long,,,
as in eod is comp under buy

taken position today above 77(todays band area)

renu

 

[renu daga]

ticso too carrying,,, since sems clsoing shall be above 82,,
further stop making it down to 80...

renu
( not respecting my stop)

 

[smarttrader42]

Dear Friends,


Nifty closing was good. Enjoy weekend, Trade well on Monday.

Regds,
Smarttrader42 (Vipin)

 

[renu daga]

dow jones

everyone said panic below11000,,and it did went
and now position 800 points in 2 adys
my one cent question...did any technicals / indiactor predict 800 points in 2 days

well this is shortcoming of technical what we do,,,, they cannot interprete,,,the unnatural up // down moves
like one whihc we had circuits

renu
now nothing to say,, how indain mkts will react,,,balle balle who are in longs,,,a nd ones in short now buffalo gone in dirty waters

i just checked 2 stocks LT/ sbi,,, tehy are quiet close to res levls for upmove,,,
LT trading levls 2400/2700
and sbi 1400/1600..
if these 2 stocks move from their teir upper res they can stay for while in good motion,,

renu