iCharts Discussions

[Rahulsharmaat]

Infosys 50 Rs up -- in this COG

Tata steel green so -- right now not valid
-can u please suggest that this is valid for today only or after today also

Rcom- till now in COG

[rk_a2003]

Only for Today. Equations may change if it's not happens today, in that case we need to have a fresh look at EOD.

[Rahulsharmaat]

one more help--

As per rate now
Infosys can be taken as long
n Rcom short

SL is Future rate

please advice

[rk_a2003]

Yes!

All rates are spot.One more thing... Unless you make an entry on the same day of COG at a favorable point the Risk Reward may not be good.Atleast not like Fusion with WW. You need to be agile in exit and entry in Fusion set ups with out WW.

In set ups without WW you are trading for retracements where as in fusion with WW You are trading for a wave 5 target.

[kishjk7551]

RK Sir

Update on Tata Steel please.

Regards
Jayant

[rk_a2003]

Leave it .Let it peacefully continue its upward journey. Why should we interfere?!. .It's not our trade.

[rk_a2003]

RCOM appears to be best suited for STBT now

[Rahulsharmaat]

can u please update

How to manage such position--
RCom short at 86.90

traded 91.65 high

how to manage

[rk_a2003]

Rahul

Sorry Logged in late

89.25 in cash is our stop loss But on closing basis. cosidering the bullish mood of the market Don't let your SL run high.If you have already not closed your position. You may keep the above SL.

I was also on short. Maintaining the same stance.

[Rahulsharmaat]

its almost dansing around 89.40--50

[Rahulsharmaat]

spot closing below 89.25-- so we can carry
pls confirm

[rk_a2003]

Sorry! Yes!

You could have asked a little earlier.

[Rahulsharmaat]

last time i bought DLF 190 call n booked--

same way today took RCOM 85 put at 1.30-- will hold-- sl 0.90

[rk_a2003]

[Rahulsharmaat]

hope Rcom is still a hold in short--

though Put eroded 50% capital-- but trading near cost now--

please advice

FO also traded 4 Rs above short rate