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vinst Black Belt
Joined: 09 Jan 2007 Posts: 3303
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Post: #46 Posted: Sun Feb 19, 2012 11:03 pm Post subject: Re: ORCHID CHEM |
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rajmohanmbamhr wrote: | |
fantastic trendline on orchid!!
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rajmohanmbamhr White Belt
Joined: 13 Oct 2011 Posts: 444
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Post: #47 Posted: Mon Feb 20, 2012 3:15 pm Post subject: Re: ORCHID CHEM |
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vinst wrote: | rajmohanmbamhr wrote: | |
fantastic trendline on orchid!! |
Thanks
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amitkbaid1008 Yellow Belt
Joined: 04 Mar 2009 Posts: 540
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Post: #48 Posted: Mon Feb 20, 2012 5:48 pm Post subject: Re: RELIANCE |
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rajmohanmbamhr wrote: | BUY SL 799 TGT 880+ LTP 816
BUY BASED ON UPTREND CONTINUATION PATTERN |
But where is the uptrend?
I think its a very good shorting opportunity...
SL 839/865 and Targets 797... 776... 755... 729... 713... 687... 661... 645... 619... 598... 577...
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rajmohanmbamhr White Belt
Joined: 13 Oct 2011 Posts: 444
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Post: #49 Posted: Mon Feb 20, 2012 7:54 pm Post subject: RELIANCE |
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If you want to short sell sell only around 850-855 sl closing above 864 based on trend line trading(best method for minimum stoploss)
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rajmohanmbamhr White Belt
Joined: 13 Oct 2011 Posts: 444
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Post: #50 Posted: Mon Feb 20, 2012 7:58 pm Post subject: Re: RELIANCE |
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amitkbaid1008 wrote: | rajmohanmbamhr wrote: | BUY SL 799 TGT 880+ LTP 816
BUY BASED ON UPTREND CONTINUATION PATTERN |
But where is the uptrend?
I think its a very good shorting opportunity...
SL 839/865 and Targets 797... 776... 755... 729... 713... 687... 661... 645... 619... 598... 577...
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Dear amitkbaid1008,
What is the SL 839 or 865 and based on what kind of trading method/technique
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #51 Posted: Mon Feb 20, 2012 8:02 pm Post subject: |
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I feel it may go to 930 if market goes up
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rajmohanmbamhr White Belt
Joined: 13 Oct 2011 Posts: 444
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rajmohanmbamhr White Belt
Joined: 13 Oct 2011 Posts: 444
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Post: #53 Posted: Tue Feb 21, 2012 3:26 pm Post subject: RELIANCE UPDATE |
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Hold Reliance With same stop loss 799
The Real Game is there above 864 levels
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rajmohanmbamhr White Belt
Joined: 13 Oct 2011 Posts: 444
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rajmohanmbamhr White Belt
Joined: 13 Oct 2011 Posts: 444
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Post: #55 Posted: Wed Feb 22, 2012 4:02 pm Post subject: nifty short selling |
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Consider These 3 lower trend lines while short selling the nifty and the positions must be hedged by call option
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #56 Posted: Wed Feb 22, 2012 4:14 pm Post subject: Re: nifty short selling |
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rajmohanmbamhr wrote: | Consider These 3 lower trend lines while short selling the nifty and the positions must be hedged by call option |
....good one....wont be surprised if the market goes to 5400 levels and then testing 5740 levels....
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rajmohanmbamhr White Belt
Joined: 13 Oct 2011 Posts: 444
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Post: #57 Posted: Wed Feb 22, 2012 4:28 pm Post subject: This might be a Reason for sudden fall-Bull trap |
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This might be a Reason for sudden fall : The Major contributor for today fall is banking stocks and the bull trap in bank nifty. .others views on sudden fall is welcome..
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rajmohanmbamhr White Belt
Joined: 13 Oct 2011 Posts: 444
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Post: #58 Posted: Wed Feb 22, 2012 5:35 pm Post subject: Re: RELIANCE |
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rajmohanmbamhr wrote: | If you want to short sell sell only around 850-855 sl closing above 864 based on trend line trading(best method for minimum stoploss) |
Today made a high of 857 then made a low of 830
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ragarwal Yellow Belt
Joined: 16 Nov 2008 Posts: 582
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Post: #59 Posted: Wed Feb 22, 2012 5:41 pm Post subject: |
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grt call on reliance,wats ur take on nifty now
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rajmohanmbamhr White Belt
Joined: 13 Oct 2011 Posts: 444
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Post: #60 Posted: Wed Feb 22, 2012 6:34 pm Post subject: |
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ragarwal wrote: | grt call on reliance,wats ur take on nifty now |
Hi ragarwal
The bearish engulfing candle in daily nifty chart signals the reversals But other indicators not entered into bearish zone..Not entirely bearish about nifty...If coming friday close of nifty is near to the weekly low then i will be bearish on nifty on long term basis
NOTE: The todays bearish engulfing pattern will be activated only if nifty moves below todays low
Regards
Raj
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