iCharts Discussions

shashangan · Posted: Fri Jan 17, 2014 3:06 pm Post subject:

yes could be right vinay. No idea of news. Didn't expect so sharp selling. Mkt should not break 5244 according to me & it has to make a very strong pull back in next 10-15 min.s, if not I can go wrong.

Let's see.

Regards,
Gautham Shashangan

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

shashangan · Posted: Fri Jan 17, 2014 3:23 pm Post subject:

Exit lower buy @ 6268-70 if you dont want to risk & hold the higher buy.

regards,
Gautham Shashangan

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

shashangan · Posted: Fri Jan 17, 2014 3:38 pm Post subject:

Good Vishy, Happy if you didn't make loss.

Shocked

The pull back is ok, but not very convincing. If mkt opens flat & doesn't break 6261 & goes above 6315, it would be perfect.

Doesn't look bad. But not sure, there could be a small possibility of mkt dipping one more time near or below low just to fish out some more stops & to scare the Longs away. Let's see on Monday. Hope it doesn't break 6244. Any sharp dip below 6235 lot of stop would trigger. Till then no worries.

My bullish view is intact though today's move has brought a small doubt in my mind. But we will be back to party once above 6300. Though early to count chickens, above 6330, direct 6385-90 & 6530+ hopefully.

Enjoy your weekend
Gautham Shashangan

haps2trade · White Belt Joined: 30 Dec 2010 Posts: 56

"My bullish view is intact though today's move has brought a small doubt in my mind. But we will be back to party once above 6300. Though early to count chickens, above 6330, direct 6385-90 & 6530+ hopefully. " .. sorry my friend .. nifty will head down because i'm buying 6200 Jan PUTS .. 2guns

Cheers

HAPS

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

haps2trade · White Belt Joined: 30 Dec 2010 Posts: 56

shashangan · Posted: Sat Jan 18, 2014 7:25 pm Post subject: Re: Nifty to go down

Good for you if it goes down. What would be the lower target & risk, where would be the stop.

Only question will you go missing, if mkt goes up.

Good luck
Gautham Shashangan

haps2trade · White Belt Joined: 30 Dec 2010 Posts: 56

shashangan · Posted: Sat Jan 18, 2014 7:54 pm Post subject:

I respect your confidence & excitement Haps.

These forums are to exchange fruitful views, which help others. Post like yours lead to unwanted arguments & war of egos, It's just waste of time. You may have time, but just consider others time.

You also have a option to open your own new thread to post your views & if you are right, have fun & continue posting. You dont have to win me, win the mkt. I am just a small investor like you. I am happy if anybody makes money from this mkt.

Thanks
Gautham Shashangan

haps2trade · White Belt Joined: 30 Dec 2010 Posts: 56

shashangan · Posted: Mon Jan 20, 2014 9:13 am Post subject:

Good morning

My view remains same. Keep stops below 6230. There is a small chance of a dip to 6247-44 NF area again just to scare the longs. Place order to Buy from 6249 & below.

I feel the recovery would be very strong, fast & suddenly above 6340 without giving a chance for longs to re-enter & shorts to book their losses. First scare & push as many longs out & then later trap the shorts with a sharp recovery.

Play minimum, Play with stop

Regards,
Gautham Shashangan

shashangan · Posted: Mon Jan 20, 2014 10:06 am Post subject:

Reliance Industries must be a Buy from 867-65 region with tight stop 858 & safe 853. Min Tgt 888.

Low for day as of now 868.40.

Regards,
Gautham Shashangan

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

wow...what a prediction Gautam ji...keep it up.

Thanks