iCharts Discussions

shashangan · Posted: Fri Feb 07, 2014 3:14 pm Post subject:

Satish Mkt will swing up down for some more time. It will try closing up since it's friday. Dont know if they can close it above 6100.

This possibly is only a correction. It can try around 6135 min & possibly just above 6150 NF by next week If I am not wrong. But Mkt is still overall down & will try near or below 5980 again before this month end.

Regards,
Gautham Shashangan

shashangan · Posted: Tue Feb 11, 2014 11:18 am Post subject:

Stay watchful. Mkt still not very clear on direction. I think there could be consolidation & fresh buying from NF 6078-76 region.

Intra day Immediate stops below 6050 followed by 6030. Tgt 6142-48

Regards,
Gautham Shashangan

shashangan · Posted: Wed Feb 12, 2014 9:38 am Post subject:

If mkt loses strength & around NF 6103-07 area book partial profit & wait for correction to replace. If mkt goes through smoothly hold. Immediate Stops 6060.

Regards,
Gautham Shashangan

shashangan · Posted: Wed Feb 12, 2014 11:02 am Post subject:

Book Partial profits around 6125-27 NF for now & replace on dips. Move stops to 6083 for rest.

Regards,
Gautham Shashangan

shashangan · Posted: Wed Feb 12, 2014 11:54 am Post subject:

NF can try around 6130+ by 1.30 I think. Watch If Mkt holds 6111 NF. Immediate Stops 6083

Regards,
Gautham Shashangan

shashangan · Posted: Wed Feb 12, 2014 12:25 pm Post subject:

Place an order to replace Buy @ 6097-95 NF with tight stop 6082 Safe 6065. Min Tgt 6128-30.

Regards,
Gautham Shashangan

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

shashangan · Posted: Wed Feb 12, 2014 12:46 pm Post subject:

Could be possible Vinay, For small risk takers either stay out or take a small gamble with 6082 risk & for other Intra day players 6065. Wink

Overall I had mentioned before, I am also bearish for the month. Mkt will take a turn possibly from next week & target 5980 & below before this month end. This could be a correction, unless it makes a strong move above 6270

Regards,
Gautham Shashangan

shashangan · Posted: Wed Feb 12, 2014 3:20 pm Post subject:

Reduce or exit your longs @ 6106 - 08 region. We will see again tomorrow

Regards,
Gautham Shashangan

shashangan · Posted: Thu Feb 13, 2014 11:19 am Post subject:

Around 6044 NF would be a intra day buy for min 6064-68 tgt stop 6030. It's only a correction. Mkt doesn't look like crossing 6076 for now. Mkt will break low by 1 pm again if I am not wrong.

Regards,
Gautham Shashangan

shashangan · Posted: Thu Feb 13, 2014 2:50 pm Post subject:

Place an order to Buy NF 6019-17 with stop 5980. Tgt open. Min possible 6045 around. Again it's only a correction possibly.

Regards,
Gautham Shashangan

shashangan · Posted: Fri Feb 14, 2014 9:18 am Post subject:

Exit all your Longs for now above 6025. We shall re - enter later watching the mkt

Regards,
Gautham Shashangan

shashangan · Posted: Fri Feb 14, 2014 11:28 am Post subject:

Mkt may break yesterday's low I think. Max 6037 & near or just below 5990 should be the range till 1 pm for NF.

Regards,
Gautham Shashangan