iCharts Discussions

shashangan · Posted: Fri Oct 04, 2013 9:24 am Post subject:

Guessing NF Possible Range - 5981 - 5868-65

Support - 5925, 5898, 5875.
Resistance - 5985-89, 6025, 6054-57, 6093-98.

Shall update on any further confirmations for entry.

Regards,
Gautham Shashangan

shashangan · Posted: Fri Oct 04, 2013 12:12 pm Post subject:

High Risk - Strictly Intra day

Place an order to short NF @ 5982-86 with tight stop 5994 or 6025. Minimum Tgt 5955 area followed by 5925, 5915.

Regards,
Gautham Shashangan

shashangan · Posted: Tue Oct 08, 2013 11:41 am Post subject:

High Risk - Strictly Intra day

Place an order to Buy NF @ 5958 & below with tight stop 5918 or safe 5890 for min 6025. Possible Tgt 6065 followed by 6105.

Regards,
Gautham Shashangan

shashangan · Posted: Tue Oct 08, 2013 2:25 pm Post subject:

There can be a pit stop around 5987-90 region. But i think, it should take off again just around 3 pm. Scale up your stop to cost & hold or exit & buy on a small dip.

Good luck
Gautham Shashangan

shashangan · Posted: Tue Oct 08, 2013 2:50 pm Post subject:

Buy again @ 5962-60 with same Stop 5918.

Min Tgt 6025, followed by 6041-43, 6065, 6089, 6106. If closing above 6020, Hold Long.

Regards,
Gautham Shashangan

shashangan · Posted: Wed Oct 09, 2013 1:15 pm Post subject:

Book Partial profit again @ 6010-13 region for now & replace it lower.

Mkt still overall up targeting 6160 & new all time highs if closing is strong & continues in subsequent days. Buy on dips strategy.

I am not sure, but having a worry for all the bears what if there can be a unbearable bull run above 6175 non stop. Still quite far though. I am trying to understand what is a Stock mkt Bubble.

Have no idea how fundamentals will play. Play cautiously, something is coming.

Good luck
Gautham Shashangan

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

volatility is still high gautham. it won't allow easy game for bulls. may be from monday i.e. after infy results

amitagg · Black Belt Joined: 01 Oct 2013 Posts: 4559

if v is high and should subside in few days, how about butterfly

sell 6000 call put...300 net credit
buy 5600/6300 call put...some 75?....thats also range 5600-6300

can vary hedge timing etc.

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

amitagg · Black Belt Joined: 01 Oct 2013 Posts: 4559

ok yes i forgot

shashangan · Posted: Wed Oct 09, 2013 3:45 pm Post subject:

Well Vinay, I dont know about the Infy results, but I fear a massacre of bears above 6175. I hope it's not true as I cant bear what I visualize. I see the bears heavily wounded & scattered around the grave yards.

Anyway first let it break 6175. We will see the moments of truth. Think it's just my illusion.

But my advice for all, stay thin on exposures & play with strict stops if short.

Regards,
Gautham Shashangan

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

thalapathy · White Belt Joined: 04 Mar 2013 Posts: 27

Once upon a time in a village, a man appeared and announced to the villagers that he would buy monkeys for Rs.10.

The villagers seeing
that there were many monkeys around, went out to the forest and started catching them.
The man bought thousands at Rs.10 and as supply started to diminish, the villagers stopped their effort. He further announced that he would now buyat Rs.20. This renewed the efforts of the villagers and they started catching monkeys again.
Soon the supply diminished even further and people started going back to their farms. The offer rate increased to Rs.25 and the supply of monkeys became so little that it was an effort to even see a monkey, let alone catch it!
The man now announced that he would buy monkeys at Rs50! However, since he had to go to the city on some business, his assistant would now buy onbehalf of him.
In the absence of the man, the assistant told thevillagers. Look at all these monkeys in the big cage that the man has collected. I will sell them to you at Rs35 and when the man returns from the city, you can sell it tohim for Rs.50."
The villagers squeezed up with all their savings and bought all the monkeys.
Then they never saw the man nor his assistant, only monkeys everywhere!!!
FII'S WINNING STRATERGY

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

thalapathy, this thread is by gautham for a specific strategy. pl start your own thread if you have something to share regularly.

shashangan · Posted: Fri Oct 11, 2013 9:28 am Post subject:

Place an order to Buy NF @ 6071-69 with stop 6015. Target open. Min 6160 possible followed by 6215-20 region, break of 6220-25 is a massive rally.

Regards,
Gautham Shashangan