Trading Strategies Using Technical Analysis

[SwingKing]

Dear Raunak,
Now Hindalco is at 224, should we move our stop loss, or it should be there itself.
Rgds

Rajesh Dear,

It depends on you entirely.

For me, I am not doing anything as of now. Just a wait and watch kind of scenario. If my analysis is correct, we are easily heading for levels of 230-240 or even much more.

Tc

 

[SwingKing]

SM Bro,

Good to see you here again.

Tc

 

[MurAtt]

Was down with fever since last to last week ... still not up completely ... so staying away ... was at SGs thread with limited availability ...

Will be busy till Jan 2011 .. so ... in and out .. not much to do now ...

A small dip on Nifty maybe then up again ... lets see .... (Medium term .. i.e. 3-4 months)

 

[rrmhatre72]

Hi Raunak,

I hope Tata steel is in watchlist today.
Since morning it is trading above 627 which is your defined target to enter.
I hope we will get this trade today....

P.S. Anyway I entered in it on Friday based on 315 Strategy at 618 & today squared off at 638.
Will enter if EOD price is above 627. But wait for your nod before EOD.

 

[praveen taneja]

I would say its never wise to liquidate your entire portfolio always have alteast 20%-30% money in your long term stocks and that way you will always benefit from the sudden up moves. If you feel market has stretched too much get in 70% or 60% in cash but let some positions running in safe stocks in auto industry, banking etc. This is my view.

Bro when one is feeling mkt is showing no strength then what is wrong in liquidating whole portfolio bcoz after a fall person can get more share of that portfolio if he feel stock chosing is good sold Renuka fortis etc two days ago and they are still watching behind people who left them as per my lil knowledge it is distribution more then accumulation for up move But Me and ashwini gujral are mostly wrong

 

[SwingKing]

Hi Raunak,

I hope Tata steel is in watchlist today.
Since morning it is trading above 627 which is your defined target to enter.
I hope we will get this trade today....

P.S. Anyway I entered in it on Friday based on 315 at 618 & today squared off at 638.
Will enter if EOD price is above 627. But wait for your nod before EOD.

Rahul,

Instead of Hindalco, I told you that I entered Hindalco around 212. Just expect it to do much better than Tata Steel. Till now it has spanned out that way, lets see if same happens going ahead.

Anyhow, which ever way you look at it, Commodities should do well. Tata steel above 626-627 is a definite buy.

Tc

 

[gb333]

Hi RAUNAK ..
Thanks for ur reply.. I have 5400 Dec Put 4 lots @ 11.. I need ur view

Regards

 

[SwingKing]

Hi RAUNAK ..
Thanks for ur reply.. I have 5400 Dec Put 4 lots @ 11.. I need ur view

Regards

Dear Gb333,

I can't comment on what you must do.

But I have been buying stocks continuously ever since we touched 5800 levels. I am not at all bearish.

Would you like to share why you have bought 5400 PE?

Tc

 

[gb333]

its my broker call..

 

[SwingKing]

its my broker call..

Ask him what to do then.

See if he maintains the view and ask him some questions regarding it.

Tc