iCharts Discussions

shashangan · Posted: Thu Dec 20, 2012 2:15 pm Post subject:

Hmm,

Yes I dont mind helping people, But if people want to just use their time to irritate people because they cannot analyse then I dont appreciate it. Rather you put in that time to put little extra effort to study. It took years of toil for me to understand it. It takes lot of focus & concentration to read changes, Here I am doing it in between my office work,

So sherbaaz If your intent to ask question is good I am fine with it, Otherwise please closely go through the posts, it will save my time.

Gautham Shashangan

shashangan · Posted: Thu Dec 20, 2012 2:29 pm Post subject:

who's that apka

shashangan · Posted: Thu Dec 20, 2012 2:33 pm Post subject:

Strictly Intraday - High risk trade

Place an order to Short Dec @ 5950-53. Stop 5975 Target open for intra day.

Positional same target 5835/20

Gautham Shashangan

apka · Black Belt Joined: 13 Dec 2011 Posts: 6137

shashangan · Posted: Thu Dec 20, 2012 2:59 pm Post subject:

oh ok, get less time to watch TV

Thanks tho, will figure out what is with him.

Gautham Shashangan

apka · Black Belt Joined: 13 Dec 2011 Posts: 6137

shashangan · Posted: Thu Dec 20, 2012 3:07 pm Post subject:

Cancel the order after 15;15 & if short close the positions before close if mkt doesn't get below 5922 Dec. There is a pull back candle formation which may be slightly bad for bears for now.

Gautham Shashangan

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

"Cancel the order after 15;15 & if short close the positions before close if mkt doesn't get below 5922 Dec. There is a pull back candle formation which may be slightly bad for bears for now.

YOu had anyway advised short so why mention two orders?

humble · White Belt Joined: 12 Nov 2012 Posts: 29

Hi Shashan
Negetive Divergence in Stochastics &
Rising OI in 6000 Call favours u
Thanks for ur updates

shashangan · Posted: Thu Dec 20, 2012 3:20 pm Post subject:

True but at times the entries miss my level sometimes at a fraction, so if they keeping the order to get filled after 15;15 could be risky for Intra day players, they may end up closing it higher at loss if mkt is going up to fill the order near close.

Just to double confirm the positional traders & intra day players though it's understood not to enter after 15:20 generally any day.

Gautham Shashangan

humble · White Belt Joined: 12 Nov 2012 Posts: 29

I have gone SHORT below 5932 [neckline of Head & Shoulder]
Lets see what happens !

shashangan · Posted: Thu Dec 20, 2012 3:26 pm Post subject:

Though I was expecting a fall so given a short, In case mkt doesn't come down, since time is short near closing. The other issue is if mkt is closing higher sometimes intra day players carry the position with emotion because they dont want to close the position at a loss though loss could be marginal & they end up covering in panic at open if mkt opens with a big higher gap.

So again they curse me. I dont want curses, like I mentioned before.

Gautham Shashanan

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

anyway I am hedged

shashangan · Posted: Thu Dec 20, 2012 3:28 pm Post subject:

Good, hopefully it should come down. It looks ok for now. Atleast it didn't try anything new beyond 5950

Let's see

Gautham Shashangan

humble · White Belt Joined: 12 Nov 2012 Posts: 29