Trading Tips - koolfriend4u

How the Intra day calls & Short term calls in this section?

  • Rocking

    Votes: 24 35.3%
  • Moderate

    Votes: 14 20.6%
  • very few reach the targets

    Votes: 5 7.4%
  • yet to try

    Votes: 27 39.7%

  • Total voters
    68
  • Poll closed .
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koolfriend4u

Well-Known Member
Einstein Sir,
What is your view about Unitech, Suzlon and Dena Bank now? I have short positions in the mentioned three. Especially now that futures for both Unitech and Suzlon is trading at a discount and there are more sell orders than buy. Even a 2-3% correction would be good for me. What would you advice as the stop loss. I believe for Unitech it must be 92.15 and for Suzlon 84.00. Dena Bank stop loss should be 91.70 are these ok or Do I need to adjust my stop losses?
sorry nimish the other day i am not able to reply due to my work.sorry for the inconvenience
 

koolfriend4u

Well-Known Member
I too went long in Denabank.

Will ride it if nifty crosses 5200......otherwise will exit all longs
only above 5182 - 5200& 5300 possbl.

Today Me & my friend were discussing on nifty by that time, he told ritly - when nifty daily giving 100 points altogether -why we need to worry about 5200 & 4800? simply tension alone will remain with no major gains. Infact for these kinda trading day - yep Intra is the best bets.

Guys the stock we recommended long time back - kernex and all rocking. but i exited almost earlier itself & small investment part alone kept - now getting benefit in investment part alone.

-koolfriend4u
 

koolfriend4u

Well-Known Member
RIL news - koolfriend4u

Dec. 9 (Bloomberg) -- Reliance Industries Ltd., India’s most valuable company, doesn’t plan to purchase debt in bankrupt LyondellBassell Industries AF, the chemicals maker it’s seeking to buy.

“We deny plans to buy any debt of LyondellBasell,” Mumbai-based Reliance said in an e-mailed statement today after the Business Standard reported that the company may buy a fifth of the $27 billion debt and seek a rollover of the balance.

Lyondell has $7.06 billion in bonds and loans maturing next year and an additional $20 billion due through 2027, according to data compiled by Bloomberg. It has a reorganization plan that could leave the company with debt of $6.5 billion, Oscar Yee, Rahul Singh and P.J. Juvekar, analysts at Citibank NA, said in a note on Nov. 29.

“Reliance will probably still get part of the debt after the restructuring, if they were to buy it,” said Taina Erajuuri, who manages $149 million of Indian equities at Fim Asset Management in Helsinki and bought more Reliance shares last month. “Some debt will always remain on Lyondell’s balance sheet.”

Reliance shares fell 0.8 percent to 1,071.85 rupees in Mumbai trading compared with a 0.4 percent decline in the benchmark Sensitive Index of the Bombay Stock Exchange.

The oil refiner and explorer controlled by billionaire Mukesh Ambani on Nov. 21 said it offered an undisclosed amount of cash for a controlling stake in LyondellBasell. Perella Weinberg Partners is advising Reliance on its bid and JPMorgan Chase & Co. is helping arrange financing, according to people familiar with the matter.

Reliance is in discussions with several banks to establish $8 billion to $10 billion in financing to buy LyondellBasell, the Economic Times reported yesterday, citing bankers with knowledge of the matter.
 

koolfriend4u

Well-Known Member
Guys today one of my sources told tomm will be a black friday! is there any news / rumour / reliable info kinda thing similar to this???


Presently we all know nifty is range bound & 5090 seems to be support so far.
The only concern is FII flow.Normally during christmas time there will be winding of funds. Other one is liquidity crunch.

If there any news pls post / share ur news here...

Thanks
 
Guys today one of my sources told tomm will be a black friday! is there any news / rumour / reliable info kinda thing similar to this???


Presently we all know nifty is range bound & 5090 seems to be support so far.
The only concern is FII flow.Normally during christmas time there will be winding of funds. Other one is liquidity crunch.

If there any news pls post / share ur news here...

Thanks
Maybe Black Friday for Shorters. Hope it doesn't Happen. If it does go short at 5050 Levels. Because all the markets are doing very well for now.
 
Guys today one of my sources told tomm will be a black friday! is there any news / rumour / reliable info kinda thing similar to this???


Presently we all know nifty is range bound & 5090 seems to be support so far.
The only concern is FII flow.Normally during christmas time there will be winding of funds. Other one is liquidity crunch.

If there any news pls post / share ur news here...

Thanks
What is your source did u read somewhere or a friend? Can you explain your source in more details. Many thanks
 

stockBond

Well-Known Member
only above 5182 - 5200& 5300 possbl.

Today Me & my friend were discussing on nifty by that time, he told ritly - when nifty daily giving 100 points altogether -why we need to worry about 5200 & 4800? simply tension alone will remain with no major gains. Infact for these kinda trading day - yep Intra is the best bets.

Guys the stock we recommended long time back - kernex and all rocking. but i exited almost earlier itself & small investment part alone kept - now getting benefit in investment part alone.

-koolfriend4u
What is your view on following stocks

1) Bharati Shipyard
2) Kernex Microsystems - railway stock

they have hit the upper circuit in recent past based on news......what can be expected ahead in these 2 stocks ?
 

koolfriend4u

Well-Known Member
What is your view on following stocks

1) Bharati Shipyard
2) Kernex Microsystems - railway stock

they have hit the upper circuit in recent past based on news......what can be expected ahead in these 2 stocks ?
BOTH GAVE BREAKOUT & HIGHLY OVERBOUGHT - still mkt is too choppy - i wish to exit with good profit I have in kernex - so exited today.- still some steam left - news based.

Rei agro - bearish engulfing
Chambal fertiliser - breakout tgt 70+ sl 54

hope energy development corp from 58 to 65 u reaped money in shorterm ;-)

mint money
 
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