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SELL NIFTY |
shaadoo
White Belt
Joined: 22 Jul 2010
Posts: 153
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Post: #166  Posted: Fri Oct 28, 2011 9:22 am Post subject: |
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BUY LT NOV 1300 PUT @ 13. AND THE GAME OF LT.........
| shaadoo wrote: | Hi ridinghood,
LT has already given a sharp fall of 80 pnts after call given, the SL was 1432 & still remains the same in LT futurs..
LT futur may move up to 1380 odd levels, u can go short thr or can buy PUT of 1300 @ cmp on that levels.
Though today MARKET has rallied @ 5211 but we can see dats all because SHORT COVERING & PANIC created in short sellers due to EU meet & 2 days holidays.Friday closing will play a most crucial role in markets direction.
We can see a move of 3-4% in nifty on either side & it may all happen as gap-up or gap-down.
MY VIEW STILL REMAINS THE SAME ON MARKET - BREARISH.
LET C WHT HAPPS ON FRIDAY.
till then "HAPPY DIPAWALI TO ALL READERS"
REGARDS
SHAADOO
| ridinghood wrote: | hi shadoo bhai
if we decide to short LT what should be the SL? and what time it would take roughly to get to its first tgt of 1100?
thnx in advance.
regs
ridinghood |
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MILANCHN
White Belt
Joined: 12 Mar 2009
Posts: 105
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| Post: #167 Posted: Fri Oct 28, 2011 11:15 am Post subject: LT 1300PE |
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| Shadoo- any updates on LT 1300pe
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acharyams
Yellow Belt
Joined: 04 Jul 2010
Posts: 552
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| Post: #168 Posted: Fri Oct 28, 2011 11:26 am Post subject: Re: LT 1300PE |
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| MILANCHN wrote: | | Shadoo- any updates on LT 1300pe |
Shadoo- any updates on LT 1300pe
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acharyams
Yellow Belt
Joined: 04 Jul 2010
Posts: 552
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| Post: #169 Posted: Fri Oct 28, 2011 1:15 pm Post subject: Re: LT 1300PE |
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| acharyams wrote: | | MILANCHN wrote: | | Shadoo- any updates on LT 1300pe |
Shadoo- any updates on LT 1300pe |
shall one exit?
What is the stop loss?
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shaadoo
White Belt
Joined: 22 Jul 2010
Posts: 153
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| Post: #170 Posted: Fri Oct 28, 2011 9:22 pm Post subject: Re: LT 1300PE |
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Dear All,
Dont exit from LT 1300 put, though it has fallen as today LT was regularly making new intraday high. but dont panic........
LT will gave a sharp fall again & this put may show a price near 45
shaadoo
| acharyams wrote: | | acharyams wrote: | | MILANCHN wrote: | | Shadoo- any updates on LT 1300pe |
Shadoo- any updates on LT 1300pe |
shall one exit?
What is the stop loss? |
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ridinghood
Yellow Belt
Joined: 16 Apr 2009
Posts: 724
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| Post: #171 Posted: Sun Oct 30, 2011 2:46 pm Post subject: |
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HI SHADOO
thnx for ur update. but guess sl is 1432 in futures as per ur earlier post.pl confirm. sorry for bothering u again.
regs
ridinghood
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zhkzhk
White Belt
Joined: 10 Sep 2011
Posts: 40
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| Post: #172 Posted: Mon Oct 31, 2011 3:59 am Post subject: LT 1300 put |
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| ridinghood wrote: | HI SHADOO
thnx for ur update. but guess sl is 1432 in futures as per ur earlier post.pl confirm. sorry for bothering u again.
regs
ridinghood |
In my analysis LT is a short around 1440/1455 price range which is resistance area.. I would not have taken the 1300 put on LT. Because I do not take directional trades, I always let the stock first retrace up or down into the resistance or support areas. I feel to be successful you have to have an edge in the market By edge I mean a trade location which has a better odds of wining.
The initial analysis was correct because LT is in a major downtrend, Lower highs and lower lows, and buying a put is valid, I just feel to have an edge is to buy the put at a resistance area.
No discredit to anyone. If anyone wants to know more let me know. Because I do not want to intrude on someone discussion forum.
This is one mans opinion. There are a lot more out there
zhkzhk
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zhkzhk
White Belt
Joined: 10 Sep 2011
Posts: 40
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| Post: #173 Posted: Mon Oct 31, 2011 4:03 am Post subject: Re: LT 1300 put |
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| zhkzhk wrote: | | ridinghood wrote: | HI SHADOO
thnx for ur update. but guess sl is 1432 in futures as per ur earlier post.pl confirm. sorry for bothering u again.
regs
ridinghood |
In my analysis LT is a short around 1440/1455 price range which is resistance area.. I would not have taken the 1300 put on LT. Because I do not take directional trades, I always let the stock first retrace up or down into the resistance or support areas. I feel to be successful you have to have an edge in the market By edge I mean a trade location which has a better odds of wining.
The initial analysis was correct because LT is in a major downtrend, Lower highs and lower lows, and buying a put is valid, I just feel to have an edge is to buy the put at a resistance area.
No discredit to anyone. If anyone wants to know more let me know. Because I do not want to intrude on someone discussion forum.
This is one mans opinion. There are a lot more out there
zhkzhk |
I forgot to post the chart on LT showing my reasons.
| Description: |
| I forgot to post the chart on LT showing my reasons. |
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acharyams
Yellow Belt
Joined: 04 Jul 2010
Posts: 552
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| Post: #174 Posted: Tue Nov 01, 2011 8:27 am Post subject: Re: LT 1300 put |
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| zhkzhk wrote: | | zhkzhk wrote: | | ridinghood wrote: | HI SHADOO
thnx for ur update. but guess sl is 1432 in futures as per ur earlier post.pl confirm. sorry for bothering u again.
regs
ridinghood |
In my analysis LT is a short around 1440/1455 price range which is resistance area.. I would not have taken the 1300 put on LT. Because I do not take directional trades, I always let the stock first retrace up or down into the resistance or support areas. I feel to be successful you have to have an edge in the market By edge I mean a trade location which has a better odds of wining.
The initial analysis was correct because LT is in a major downtrend, Lower highs and lower lows, and buying a put is valid, I just feel to have an edge is to buy the put at a resistance area.
No discredit to anyone. If anyone wants to know more let me know. Because I do not want to intrude on someone discussion forum.
This is one mans opinion. There are a lot more out there
zhkzhk |
I forgot to post the chart on LT showing my reasons. |
Hi Shadoo,
Is your target of 45 intact in lt 1300 pe?
Pl. reply
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shaadoo
White Belt
Joined: 22 Jul 2010
Posts: 153
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| Post: #175 Posted: Tue Nov 01, 2011 10:17 pm Post subject: Re: LT 1300 put |
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Yes my target 45 is still thr for LT 1300 PE.
May b it can take second half of November to achieve.
shaadoo
| acharyams wrote: | | zhkzhk wrote: | | zhkzhk wrote: | | ridinghood wrote: | HI SHADOO
thnx for ur update. but guess sl is 1432 in futures as per ur earlier post.pl confirm. sorry for bothering u again.
regs
ridinghood |
In my analysis LT is a short around 1440/1455 price range which is resistance area.. I would not have taken the 1300 put on LT. Because I do not take directional trades, I always let the stock first retrace up or down into the resistance or support areas. I feel to be successful you have to have an edge in the market By edge I mean a trade location which has a better odds of wining.
The initial analysis was correct because LT is in a major downtrend, Lower highs and lower lows, and buying a put is valid, I just feel to have an edge is to buy the put at a resistance area.
No discredit to anyone. If anyone wants to know more let me know. Because I do not want to intrude on someone discussion forum.
This is one mans opinion. There are a lot more out there
zhkzhk |
I forgot to post the chart on LT showing my reasons. |
Hi Shadoo,
Is your target of 45 intact in lt 1300 pe?
Pl. reply |
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shaadoo
White Belt
Joined: 22 Jul 2010
Posts: 153
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shekharinvest
Yellow Belt
Joined: 21 Dec 2007
Posts: 549
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| Post: #177 Posted: Wed Nov 02, 2011 6:44 am Post subject: |
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Shadoo,
Nice work.
If you don't mind, I have added few more line to your chart.
SHEKHAR
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shaadoo
White Belt
Joined: 22 Jul 2010
Posts: 153
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| Post: #178 Posted: Wed Nov 02, 2011 8:29 pm Post subject: |
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Dear Shekhar,
Suggestions are always WELCOME.
My view is dat nifty may test 5520-5540 range & then a new bear rally should starts from there which will act as 5 WAVE OF ELLIOT & end till 3800.
Global scenario are still weak.Though our market is outperforming all weak sentiments but then also we will not going to be untouched from global fire.
A new bear rally has to come till 3800 which will give rise to a new morning in nifty till 10700.
seems tufffffff but i think it has to be.
regards
shaadoo
| shekharinvest wrote: | Shadoo,
Nice work.
If you don't mind, I have added few more line to your chart.
SHEKHAR |
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anand1234
Yellow Belt
Joined: 17 Jul 2010
Posts: 830
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| Post: #179 Posted: Wed Nov 02, 2011 8:47 pm Post subject: |
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| shaadoo wrote: | Dear Shekhar,
Suggestions are always WELCOME.
My view is dat nifty may test 5520-5540 range & then a new bear rally should starts from there which will act as 5 WAVE OF ELLIOT & end till 3800.
Global scenario are still weak.Though our market is outperforming all weak sentiments but then also we will not going to be untouched from global fire.
A new bear rally has to come till 3800 which will give rise to a new morning in nifty till 10700.
seems tufffffff but i think it has to be.
regards
shaadoo
| shekharinvest wrote: | Shadoo,
Nice work.
If you don't mind, I have added few more line to your chart.
SHEKHAR |
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hi....shadoo
nicely said............good xplanation abt mkt...................but if NF will break 5540 with volume?..........then wt will b ur views?......... that will strat of new bulls era??........
thanks
anand
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shaadoo
White Belt
Joined: 22 Jul 2010
Posts: 153
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| Post: #180 Posted: Thu Nov 03, 2011 12:14 am Post subject: |
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Thanks Anand,
If nifty breaks 5540 then its having a strong resistance zone around 5720-5740 ( which is a cluster fo resistance).
Breaching of 5540 will not be a bull era, on the other hand my expectation is somewhat different.
For bull era :-I think nifty should resist above resistance (5540) and should take support near 5050-5100. This all constitute a downward sloping inverse H&S formation on weekly charts & breaking out of this formation should only a start of newbull era.
Above all are my personal views................... suggestions are welcome
Let c what happpsssssssss
regards
''shaadoo''
| anand1234 wrote: | | shaadoo wrote: | Dear Shekhar,
Suggestions are always WELCOME.
My view is dat nifty may test 5520-5540 range & then a new bear rally should starts from there which will act as 5 WAVE OF ELLIOT & end till 3800.
Global scenario are still weak.Though our market is outperforming all weak sentiments but then also we will not going to be untouched from global fire.
A new bear rally has to come till 3800 which will give rise to a new morning in nifty till 10700.
seems tufffffff but i think it has to be.
regards
shaadoo
| shekharinvest wrote: | Shadoo,
Nice work.
If you don't mind, I have added few more line to your chart.
SHEKHAR |
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hi....shadoo
nicely said............good xplanation abt mkt...................but if NF will break 5540 with volume?..........then wt will b ur views?......... that will strat of new bulls era??........
thanks
anand |
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