iCharts Discussions

shashangan · Posted: Tue Jun 25, 2013 2:55 pm Post subject:

If you booked your profit buy again July @ 5631 & below with stop 5580

Thanks
Gautham Shashangan

shashangan · Posted: Tue Jun 25, 2013 3:26 pm Post subject:

New entrants can place an order to buy July @ 5608 & below with stop 5580 if you want to risk & carry. Could be little dicey, but I feel they will possibly break today's high again tomorrow.

I can be wrong. Take a calculated risk.

Thanks
Gautham Shashangan

shashangan · Posted: Thu Jun 27, 2013 9:24 am Post subject:

Had a busy day yesterday, could not track mkt or update thread.

If you holding longs, You can book partial profits 5669 + for July if you have multiple lots & replace it lower.

Thanks
Gautham Shashangan

shashangan · Posted: Thu Jun 27, 2013 2:11 pm Post subject:

Place an order to exit all your longs @ 5705-08. Just hold one lot long, if you want to risk further. We can watch & take entry again Later or tomorrow.

Thanks
Gautham Shashangan

satishkadam · Yellow Belt Joined: 01 Apr 2010 Posts: 805

pkveenu · White Belt Joined: 21 Apr 2009 Posts: 106

hi gautham

i have shorted one lot of BNF july 13 @ 11297

please share your views on bnf after june expiry

regards
pkveenu

ritapandit25 · Black Belt Joined: 04 May 2013 Posts: 2926

shashangan · Posted: Thu Jun 27, 2013 11:37 pm Post subject:

Rather than feeling great, I would be happy if somebody made money from my call.

But anyway thanks for your appreciation Rita.

Regards,
Gautham Shashangan

shashangan · Posted: Thu Jun 27, 2013 11:42 pm Post subject:

I was expecting Bank Nifty to go up, but not sure why it didn't go up, in-spite of Nifty moving up, may be due to expiry day. Didn't have time to check the news & fundamentals.

My view remains the same for Bank Nifty, it must have atleast tried 11450, but let's see what they have in store tomorrow being Friday.

Regards,
Gautham Shashangan

pkveenu · White Belt Joined: 21 Apr 2009 Posts: 106

hello shashangan

thanks for bnf views

what i noticed on this expiry day that
bnf was very lazy for whole of day and difference between
jun bnf and jul bnf was around 50 points
but at the last half an hour trade was with 70 points
i think bnf jul should open tomorrow around 11240 and may have range between 11180 to 11270 max
after which the target of 11500 to 11650 should be achieved in next week only before a sharp dip towards 10700 around
i donot know any technical figure but only directional sense

pls share your views on this

further pls look at Shree Renuka sugar and
HDIL for long side in july and further for next 3 months

regards

shashangan · Posted: Fri Jun 28, 2013 11:10 am Post subject:

The mkt may possibly see a intra day top around 5797 - 5800 region & correct to min 5760 & may be just below 5745-40 by 1.30.

Have to see what happens after 1.30

I could be wrong.

Regards,
Gautham Shashangan

shashangan · Posted: Fri Jun 28, 2013 2:02 pm Post subject:

Strictly Intra day

Place an order to short NF between 5822-5824.90 with tight stop 5833 (risky) or safe stop 5845

Possible Min Target 5760

Regards,
Gautham Shashangan

biznet · White Belt Joined: 04 Feb 2013 Posts: 46

ritapandit25 · Black Belt Joined: 04 May 2013 Posts: 2926

Sir, your view on Nifty for July? Can Nifty test 6200 in July?

shashangan · Posted: Fri Jun 28, 2013 10:53 pm Post subject:

Rita,

I doubt it can go back to the highs again. The worst the mkt can try is 6030, that also is unlikely to me as of now.

I feel this is a correction for the steep fall & it can top out soon & the fall will continue to 5400 / 5325 by 2nd week of August (Around 09/08/2013 - next pit stop).

There will be consolidation till max Wednesday i think, before the mkt starts taking the South ward journey again. If I am not wrong mkt top for this move would be between 5870-80 NF from where the bear trend can start.

I can be wrong. But that's what I feel for now. Let's see.

Regards,
Gautham Shashangan