iCharts Discussions

shashangan · Posted: Sat Jun 29, 2013 12:23 pm Post subject:

Biz what's the risk you can take on the upside

The mkt is still not topped for now. It may take min 2-3 days before you see reversal.

Definitely according to me you can get a good exit if you can hold without averaging. But if you dont want to risk cover it Monday morning if you get around 5812. The mkt may give a correction to 5785 & it can make a fresh high too.

If you exit you may again get a new high above yesterday to short again. So decide what you have to do. I can be wrong.

Thanks
Gautham Shashangan

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

shashangan · Posted: Mon Jul 01, 2013 11:07 am Post subject:

Thanks Biznet, I am happy if you have made money from my views.

Try & cover your short between 5806 - 5795.

Let's hope it corrects. The mkt will possibly hold 5789. The mkt may not go below 5773 for now. On the highs mkt may not cross 5880 for now.

There is a small possibility the mkt may close in Red today. But mkt can again try breaking today's high & consolidate till Wednesday before taking turn down.

I will soon be off for some time from the mkt.s on some official cum personal trips out of Bangalore. So take care of your trading. Do your analysis, I can be wrong.

Regards,
Gautham Shashangan

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

Dear shashangan,
Thanks a lot for your advice, awaiting for your analysis once you finished your work and back to market. Wish you a happy and safe journey.
Thank you.

BIZNET

shashangan · Posted: Wed Jul 03, 2013 9:14 am Post subject:

Hello Biznet,

Cover your Short @ open. I feel the mkt will go to break the high again later.

Thanks
Gautham Shashangan

shashangan · Posted: Wed Jul 03, 2013 9:55 am Post subject:

High Risk - Strictly Intra day

Place an order to Buy NF between 5793-91 with stop 5762

Possible Tgt 5890

Regards,
Gautham Shashangan

badri2003 · White Belt Joined: 26 Nov 2006 Posts: 143

Hardluck shashanganji, sl triggered. waiting for next opportunity.

shashangan · Posted: Wed Jul 03, 2013 1:09 pm Post subject:

Sorry, having very hectic days at office, not able to focus, Dont know why I am going wrong. I am taking off from work & mkt.s from next week so finishing up all my pending work.

For now, I still think there is a small consolidation till 1.45 may be. The mkt may go up post 2.15 if I am not wrong.

I have a feeling mkt may recover & close above 5865 today.

Regards,
Gautham Shashangan

shashangan · Posted: Wed Jul 03, 2013 2:24 pm Post subject:

High Risk - Strictly Intra day

Place an order to Buy NF 5756 & below with stop 5733

Possible Min Tgt 5860+

Buy Bank Nifty 11325 & below with stop 11225. Possible Tgt 11655

Regards,
Gautham Shashangan

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

shashangan · Posted: Wed Jul 03, 2013 2:41 pm Post subject:

11225 Stop.

Thanks
Gautham Shashangan

chandrujimrc · Brown Belt Joined: 21 Apr 2009 Posts: 1683

Nifty buy triggered,already time 3.10 .

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

shashangan · Posted: Thu Jul 04, 2013 1:01 pm Post subject:

Place an order to partially book profits between 5848-52 & replace the longs lower on correction.

I think NF still has potential to try around 5875 before close & also testing the previous high (5895+) possibly by tomorrow. But If you dont want to risk close your positions.

Regards,
Gautham Shashangan