iCharts Discussions

shashangan · Posted: Fri Oct 11, 2013 9:41 am Post subject:

Hello Vaishnu,

It's for both Intra day & positional. You can also buy 6000 Call below 178 with stop 150

Gautham Shashangan

shashangan · Posted: Fri Oct 11, 2013 11:02 am Post subject:

If holding multiple longs book partial profit between 6120-22 NF & replace Buy on dip again.

Regards,
Gautham Shashangan

shashangan · Posted: Fri Oct 11, 2013 12:42 pm Post subject:

Place an order to Buy NF @ 6091-88 with tight stop 6070 or safe stop 6015. Target open. Min 6155-60

Regards,
Gautham Shashangan

shashangan · Posted: Fri Oct 11, 2013 1:43 pm Post subject:

If holding multiple longs book partial profit between 6121-24 NF & replace Buy on dip again or stay aside being friday.

Take decision based on your portfolio. The mkt still looks near term up to me till wednesday.

Regards,
Gautham Shashangan

shashangan · Posted: Mon Oct 14, 2013 2:13 pm Post subject:

Intra day - Place an order to Short NF @ 6153-56 with tight stop 6179. Target Min 6120 Possible 6080-75

Regards,
Gautham Shashangan

paa · White Belt Joined: 28 Sep 2010 Posts: 178

Gautam
Please update regularly.
Regards

shashangan · Posted: Sat Oct 26, 2013 12:11 am Post subject:

Hello Paa,

Have been tied up with lot of Personal work, traveling & training programs.

NF has possibility to try around 6060 minimum.

From around 6020 levels shorts can be risky & stay watchful for reversal.

5990 & below would be a good buy for near 6400 target by mid of November.

Near term mkt should not break 5930-25 region. Intermediate stops below 5845. Bearish reversal stops 5745.

Overall upside target can be 6800+ possibly by December end, if I am not wrong unless some strong bad news hits mkt. If tension rises between India Pakistan border, mkt may be influenced for a negative turn. Keep track of fundamentals.

I am bullish on Nifty.

Regards,
Gautham Shashangan

shashangan · Posted: Mon Oct 28, 2013 2:52 pm Post subject:

6100-6095 could be the low for the day for Oct. If you get before 3.10 pm buy it for intra with stop 6075 & close 6122+ or EOD.

Regards,
Gautham Shashangan

shashangan · Posted: Tue Oct 29, 2013 10:48 am Post subject:

If mkt holds here NF may get in sideways to correction mode till 1 pm.

Watch 6085-83 Oct. Intra R1 6107 R2 6121. Around 6130 is the important resistance point for intra day.

Sup - 6073, 6060-57, 6043, 6021

Regards,
Gautham Shashangan

shashangan · Posted: Tue Oct 29, 2013 11:31 am Post subject:

If anybody long book around 6145+ Oct. 6148-50 is a level to watch if it would reverse again.

Above 6152 some slow down. It may hold the highs for more time.

Regards,
Gautham Shashangan

ca.krishna · White Belt Joined: 17 Sep 2013 Posts: 158

Can u make ur massage bit clear....whether upside

shashangan · Posted: Tue Oct 29, 2013 11:49 am Post subject:

Hello Krishna,

I meant intra day there is a possibility for mkt to reverse down anywhere from 6148-50. High as of now is 6149. But if it breaks 6152 it may not reverse immediately. It may slow down (delay) the reversal.

Though I am overall bullish, For the moment the mkt is near term slightly bearish (till Thursday May be- It's a correction).

There is possibility of mkt trying 6025-20 & 5990-88 from where the mkt will start the next leg of massive bull run.

Play cautiously.

Regards,
Gautham Shashangan

ca.krishna · White Belt Joined: 17 Sep 2013 Posts: 158

Thanks

shashangan · Posted: Tue Oct 29, 2013 1:58 pm Post subject:

Like I had mentioned mkt is overall Bullish. It's better to buy on dips & hold for medium to long term.

Anyway for now intra day you can try a short @ 6225-29 with 6257 stop. Target open, Min 6204 followed by 6186 around.

Remember Mkt is overall bullish. Close EOD. Can be risky

Regards,
Gautham Shashangan