Trading Strategies Using Technical Analysis

Which date should the meet be held?

  • February 27th 2011

    Votes: 19 59.4%
  • March 6th 2011

    Votes: 8 25.0%
  • March 13th 2011

    Votes: 5 15.6%

  • Total voters
    32
  • Poll closed .

jagankris

Well-Known Member
Dear Raunak Bhai,

1.On a day of heavy selling pressure like this.
Markets taking breath for some time 5520 levels.

2.For example IBRL was showing very strong strength at 120 levels.

Witnessed
1.Huge short covering or buying at 120 levels.
2.Buying of calls at 2.50 levels.

How one should read this period like ?
Smart money accumulating selective stocks.

TIA.

Best regards,
JK
 

gauharjk

Well-Known Member
Midcaps losing 5% a day... That means Calls losing 50% a day... If I had money, I would have accumulated good stocks at these cheap prices... But I have very little... So am speculating in options...

I will wait for a few days... Would like to buy Nifty CE 5500 @100... currently @135.

Lets see how much this market can crack...
 

gauharjk

Well-Known Member

Similar threads