iCharts Discussions

as4manju · White Belt Joined: 22 Mar 2007 Posts: 390

Hi anand,

Sorry for the delay... if ur looking at investment buy then only enter the stock else its a big no cause the stock can correct from the current levels also thus its advisable only for investors and not for traders..

Regards

anand1234 · Yellow Belt Joined: 17 Jul 2010 Posts: 830

hi...........manju

can u suggest me for any one or two scrip for short term delivery??............according to your research?.............pls reply.................

thanks
anand

maooliservice · White Belt Joined: 04 Aug 2010 Posts: 93

hi Manju,
can u suggest buy & sell levels of cipla

Thanks & Regards
Maooliservice

anand1234 · Yellow Belt Joined: 17 Jul 2010 Posts: 830

hi...........manju

can u suggest me for any one or two scrip for short term delivery??............according to your research?.............pls reply.................

thanks
anand

anand1234 · Yellow Belt Joined: 17 Jul 2010 Posts: 830

hi..........manju

we r missing u.............when u will back??

thanks
anand

as4manju · White Belt Joined: 22 Mar 2007 Posts: 390

Hi all..

Wel i am back after long break.. its been hectic few days for me bad health.. travel.. lost my phone(feels like i m in back to stone age with out cell phone now) and my wallet while travel anger4

..

any ways from the list of stocks provided for investment... looks like SBI and LT has given 10% return on investment and HDFC close to 9% i guess banks annul interest is is 8.5%..

well other stocks (HDFC bank Jindal steel,reliance ind and power and Educomp) have given close 6-8% hmmmm thats also good returns on large cap stocks...

Nifty is holding 5220 which is good it doesnt mean we are out of woods but can say that we can enter a range bound mkt for some more time...

Meet u all on thursday...

Regards
Manju

shivanigautam30 · White Belt Joined: 01 Dec 2010 Posts: 21

Dear Manju Sir.

Great to have u back...

Any views on Reliance Capital now...after the massive beating?

Pls reply at the earliest.

Rgds Razz

Ravi_S · Yellow Belt Joined: 15 Jun 2009 Posts: 569

Shivani

I've seen you posting the same question to three different people... So clearly it looks like you are in trouble... I mean either holding a short position at lower levels or a long position at much higher levels...

You need to tell where you are and let the experts answer your queries...

Regards
Ravi

shivanigautam30 · White Belt Joined: 01 Dec 2010 Posts: 21

Dear Ravi Sir.
Thanks for ur reply...

Reliance Capital: I have 1000 shares at 481.2. Have taken delivery...based on the charts during the day.

But, being new...i'm naturally a little nervous...wish seniors can guide about the chart patterns.

Seems I'm in the woods right now...pls help.

Thanks for ur guidance in advance.

Rgds

Ravi_S · Yellow Belt Joined: 15 Jun 2009 Posts: 569

1000 shares is making me nervous as well Shocked

.... What was the basis of your entry and what is your SL?

Regards
Ravi

veerappan · Expert Joined: 19 Dec 2007 Posts: 3680

from my little knowledge..... if and only if 449 taken out only problem for bulls.....on this reliance capital...more knowledge then more problem for the health and the wealth also.....

disclaimer: we have a bought posn at 449.... Very Happy

Ravi_S · Yellow Belt Joined: 15 Jun 2009 Posts: 569

Guru has answered... So take his words...

shivanigautam30 · White Belt Joined: 01 Dec 2010 Posts: 21

Dear Ravi Sir.
Thanks for ur reply...

I'm now attaching chart for convenience Sir.

Reliance Capital: I have 1000 shares at 481.2. Have taken delivery...based on the charts during the day.

But, being new...i'm naturally a little nervous...wish seniors can guide about the chart patterns.

Seems I'm in the woods right now...pls help.

Thanks for ur guidance in advance.

Rgds

SMA-13 = 483.97
SMA 20 = 518.08
EMA 13 = 481
EMA 20 = 508.42
B BAND MID= 518.08
RSI 21 = 36.37 RISING

What RSI should be considered? And is there any candle stick chart pattern to support the rise witnessed in last 2 days?

Pls help Sir...this will be very valuable learning.

Rgds

shivanigautam30 · White Belt Joined: 01 Dec 2010 Posts: 21

Dear Sir.

To be honest...got stuck.

SL is 478. I can only take a minus of this much.

Thanks to Veeru Sir(Guru Ji) for his great advice.

He also advised someone else(a new member) to keep one's mind and chappals out of the trading room. That's the best one in a long time... Razz

Thanks Veeru Sir again and Ravi Ji.

Rgds

veerappan · Expert Joined: 19 Dec 2007 Posts: 3680

gautam how can u take risk of 3 rupees on carry call man.... 481 bought with sl 478 means u shd do intra and cut the posn today and u shd take tomorrow with same...how can u carry with this small sl...dear think twice...dont do that....carry means minimum 2 % to 4% atleast stop loss we need....otherwise in long run u will be in big trouble...take care.... or if its a sure on news based suppose then fine.... otherwise please think twice....