iCharts Discussions

shashangan · Posted: Mon Sep 16, 2013 1:54 pm Post subject:

Sorry missed the entry.

Intra day

Short NF @ 5864-67 with stop 5890 Tgt 5802-5796.

Regards,
Gautham Shashangan

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

shashangan · Posted: Mon Sep 16, 2013 6:07 pm Post subject:

Satish, It's a possibility the mkt has topped for the moment. Anyway I dont rule out one more high, just to suck in some more stops & to run in a confusion, they can take it up.

But again I can confidently tell from my experience, it will go below 10000 (Spot) for sure in coming days probably before friday, even if it breaks high it will not extend too far.

So medium term my old view still holds good. Minimum a dip below 9900 soon. If you get high Sell from 10565+. Around 10665 would be the max high if it tries breaking high. 10990 stop.

Regards,
Gautham Shashangan

shashangan · Posted: Tue Sep 17, 2013 1:35 pm Post subject:

If NF doesn't break 5840 strongly soon, mkt may go up from here. A strong break of 5885 will trigger stops to take it to 5953 min, followed by 6022.

Regards,
Gautham Shashangan

shashangan · Posted: Wed Sep 18, 2013 9:58 am Post subject:

Buy NF @ 5866-63 with stop 5851 or safe 5835 for target 5905+

Regards
Gautham Shashangan

shashangan · Posted: Wed Sep 18, 2013 10:36 am Post subject:

Scale up your stop to 5860. Mkt has to break 5879 strongly & in next 5 min.s for mkt to reach my target.

Thanks
Gautham Shashangan

AjitS · White Belt Joined: 21 Aug 2013 Posts: 138

shashangan · Posted: Wed Sep 18, 2013 11:01 am Post subject:

Hello Ajit

Put a break even stop & leave it or you can book it @ 5883-86. If it loses strength it has small possibility to hold here or reverse. It can break high by 12.30 hopefully. You can enter short watching the high level. Not sure of short now.

Thanks
Gautham Shashangan

shashangan · Posted: Wed Sep 18, 2013 12:46 pm Post subject:

If you want to lock profit, Scale up stop to 5879 & hold.

Regards,
Gautham Shashangan

vinay28 · Black Belt Joined: 24 Dec 2010 Posts: 11748

shashangan · Posted: Wed Sep 18, 2013 2:38 pm Post subject:

yes Vinay, you were right.

Thanks
Gautham Shashangan

shashangan · Posted: Wed Sep 18, 2013 2:50 pm Post subject:

Tgt achieved.

Place an order to Short NF @ 5909-12 with stop 5950. Tgt open. Possible Min Tgt around 5866.

Buy 5800 put or 5700 put when mkt tests high.

Regards,
Gautham Shashangan

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

shashangan · Posted: Wed Sep 18, 2013 2:58 pm Post subject:

Satish Around 10398 above you can short for intra day.

Regards,
Gautham Shashangan

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