iCharts Discussions

shashangan · Posted: Tue Oct 29, 2013 2:40 pm Post subject:

Thanks Vinay, Very Happy

Corrected.

Regards,
Gautham Shashangan

shashangan · Posted: Tue Oct 29, 2013 3:07 pm Post subject:

As we are nearing closing either pull down stop to break even or watch & exit. Looking risky to hold short.

6240 above can trigger some strong stop buying I feel to cross 6300.

Thanks
Gautham Shashangan

shashangan · Posted: Tue Nov 05, 2013 1:14 pm Post subject:

Buy on dips & Hold. Buy Calls.

NF may close on new highs for next few weeks continuosly till 6575-80 region.

I dont see any chance of big corrections. Most corrections may be small once it takes a reversal up from here. The first intra day stop can be around 6400 NF followed by 6460-70 region.

If you get below 6260 it could be an excellent buy. Mkt may not go below 6225 which is also doubful.

I shall turn bearish Only if mkt makes a strong break of 6075 or closes below. First level of caution for bulls is below 6170.

For medium & long term players if you missed today's low have a try in small scale from 6310-05 region & below.

I may be wrong. Kindly do your own analysis. Do trades in small volumes. Play caution.

Good luck
Gautham Shashangan

acharyams · Yellow Belt Joined: 04 Jul 2010 Posts: 552

"Mkt may not go below 6225 which is also doubful."
Is that NS level?

shashangan · Posted: Tue Nov 05, 2013 5:16 pm Post subject:

Hello Acharya,

Hope you are fine.

I have mentioned NF in the beginning itself. All my posts are for futures. I wont give NF & NS levels together in one post. If you get 6260-55 November contract should be an excellent buy according to me.

It may try 6230-20 region if extended but I doubt it will go below 6250.

Regards,
Gautham Shashangan

shashangan · Posted: Wed Nov 06, 2013 12:16 pm Post subject:

Mkt is possibly near intra day bottom. Medium to long term players can buy NF from 6276 & below & Hold.

I am hoping mkt to pick up post 2 pm & close higher. Same targets as mentioned before. I strongly feel mkt will break all time high by friday again.

Good luck,
Gautham Shashangan

shashangan · Posted: Thu Nov 07, 2013 9:51 am Post subject:

I think mkt has almost bottomed. There is no need of panic till mkt dips below 6170. Below 6114 & 6075 is the total reversal of trend.

I am confident tomorrow mkt will be at new high enroute to 6575-80 region in subsequent weeks.

Add longs Nov Nifty 6244 & below. Max low may be between 6238-27 if extended. It's my view. Kindly do your own analysis. I can be wrong.

Good luck
Gautham Shashangan

shashangan · Posted: Thu Nov 07, 2013 11:49 am Post subject:

If you have multiple lots, Book the higher buys which you bought yesterday above 6327 & hold the lower ones added till tomorrow.

Thanks
Gautham Shashangan

udaysahai · White Belt Joined: 01 Feb 2011 Posts: 105

Hats off to you Sir, you are the savior of all the Bulls... Very Happy

saumya12 · Brown Belt Joined: 21 Dec 2011 Posts: 1509

pkholla · Black Belt Joined: 04 Nov 2010 Posts: 2890

shashangan · Posted: Thu Nov 07, 2013 12:07 pm Post subject:

Thanks Uday, Saumya & Prakash.

If you have lower buys you can scale up stop to cost & hold

Regards,
Gautham Shashangan

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

great ...ur bottoms up approach excellant...the feel of market....[i very much appreciate your feel and trade on follow up price action which we are seeing now...]

shashangan · Posted: Thu Nov 07, 2013 12:53 pm Post subject:

Thanks Amit,

For Intra day Buy NF @ 6311 & below for 6340 stop 6280

Regards,
Gautham Shashangan