iCharts Discussions

[manojkr78]

traded maruti thanks....

[chetan83]

Buy REC Sept 120 CE between 3.75 and 4.20
SL - 1
T - 8/12

[chetan83]

Taken:

Banknifty 28000 PE at 29.80
Banknifty 28100 CE at 37.30

Let see.

[chetan83]

[chetan83]

[chetan83]

[chetan83]

BUY UNION BANK 90 SEP CE BETWEEN 4.5-4.8

SL - 3 (SPOT 86 level)

T - 7/10

(Low risk trade)

[chetan83]

BUY PIDILITE 1200 Sep CE Between 18-20

SL - 13 (Spot 1135 close)

T - 35/45.

[chetan83]

BUY ASIANPAINTS 1380 CE BETWEEN 25-28

SL - 15 (Spot price closing below 1350 on Daily TF)

T - 48/68

[chetan83]

BUY MARUTI 9300 CE BETWEEN 90-100

SL - 50

T - 180/250

[chetan83]

Maruti looks like 2T formation on Monthly chart, and insider bar confirmation, this month if break below 8750, then Bull move will be over in Maruti.

[chetan83]

[chetan83]

Maruti at very good support, cmp 8443, buy with SL 8250 closing basis, T 8900/9400.
Swing trade.

[chetan83]

HDFCBANK - 60 MIN TF
BUY HDFCBANK BETWEEN 2000-2010, CMP - 2006
SL - 1990
T -2070++
(RR- 1:4)

[chetan83]

Nifty Stats ::


After 2008 fall of 65% from high, in last 10 years Nifty corrected double digit % fall in 5 times:


1) Dec 11 -29%
2) Aug 13 -18%
3) Feb 16 -25%
4) Dec 16 -12%
5) Mar 18 - 11% and
6) This is the 6th time so far 13%


In all 5 previous falls it never violated previous fall’s low.
March 18 low was 9952.


Hence 9900-9950 remains the most important level to keep in sight.