iCharts Discussions

shashangan · Posted: Fri Jan 10, 2014 9:50 am Post subject:

Sorry Vishy was tied up with lot of meetings. Couldn't watch mkt.

For now Place an order to Buy NF @ 6156-52 with tight stop 6125 or 6115. Target Open. Hopefully mkt should pull back up by noon & close above 6185. A close above 6205 would be good. A strong break or close above 6260 is reversal again & confirmation of the bulls taking charge.

Regards,
Gautham Shashangan

vishyvaranasi · Green Belt Joined: 11 Jul 2011 Posts: 1159

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

shashangan · Posted: Fri Jan 10, 2014 2:32 pm Post subject:

Hope this works Satish

Place an order to Buy NF @ 6182-79 with tight stop 6145 or 6115. Target Open.

A close above 6230 is good. A strong break or close above 6265 is reversal again & confirmation of the bulls taking charge.

Regards,
Gautham Shashangan

shashangan · Posted: Tue Jan 14, 2014 1:18 am Post subject:

Was travelling, couldn't see mkt yesterday. They did give one up down final confusion shock swing on Friday. But perfect move as I thought, reason I have been saying & staying long.

Hopefully should see 6325 NF tomorrow, soon after open possibly before noon. The move looks set for the next correction pit stop around 6430, followed by 6595-6600 area. Shorts Stay Very Cautious. Dont take big risks.. Hopefully my long waited move leaving the shorts seriously wounded & dragging them to their grave yard is this.

There is a sharp fall in Dow & Nasdaq. If mkt opens & dips below 6245 then it may slow down a bit. Below 6205 more slow down. No problem till mkt dips below 6165 (stops). Let's see.

Good luck. Hope to see you all by noon.

Regards,
Gautham Shashangan

shashangan · Posted: Tue Jan 14, 2014 12:09 pm Post subject:

Place an order to Buy NF 6257-52. Tight Stop 6230 or 6220.

Regards,
Gautham Shashangan

vishyvaranasi · Green Belt Joined: 11 Jul 2011 Posts: 1159

shashangan · Posted: Tue Jan 14, 2014 6:00 pm Post subject:

Hello Vishy,

Target mentioned in previous post. 6325. But for intra day you can book 15-20 points or scale up stop to cost or just below immediate low as it moves 15 points + or exit at EOD If it's a slow flat mkt. If there is a big sharp one side move you just hold till it slows down.

Medium term players can carry positions based on the risk capability. I am still overall bullish. According to me tomorrow you should get min 6310 + NF.

Good luck
Gautham Shashangan

vishyvaranasi · Green Belt Joined: 11 Jul 2011 Posts: 1159

shashangan · Posted: Wed Jan 15, 2014 11:07 am Post subject:

Book partial profits in NF between 6315-18 region. Mkt will still inch higher but will slow down till 2 pm If I am not wrong, making marginal highs & correcting.

Good luck
Gautham Shashangan

shashangan · Posted: Wed Jan 15, 2014 12:11 pm Post subject:

1st Target mentioned achieved.

Book more profits at 6327-29. You should get back min 6310 followed by possibly 6300-6298 area to replace buys.

Regards,
Gautham Shashangan

buddhas · White Belt Joined: 30 Aug 2007 Posts: 23

vishyvaranasi · Green Belt Joined: 11 Jul 2011 Posts: 1159

Gautam,
Watll be ur SL for a fresh buy at 6295.

Vishy

shashangan · Posted: Wed Jan 15, 2014 1:01 pm Post subject:

Thanks Buddha. My pleasure.

Vishy you can place stop @ 6262 & if not bought yet, place an order to Buy NF @ 6283-80. Tgt 6326-30. Play minimum.

Bank Nifty based on Spot 11026-21. Tight Stop 11004

Regards,
Gautham Shashangan

shashangan · Posted: Wed Jan 15, 2014 2:55 pm Post subject:

Place an order to Buy NF again @ 6312-09 with Tight stop 6295 or 6285. Tgt 6370+

Regards,
Gautham Shashangan