iCharts Discussions

[apka]

i think rr sir, mcdowell-n ready to break this week, HnS pattern also formed in it with neckline near 2320

[rameshraja]

Mr Apka

Mcdowell keep bouncing for Instiitution to SELL for pledged shares on behalf of KFA.. We have to be pretty fast in covering short and reenter at higher levels of resistance.

[apka]

ok. yes it bounces very fast.

[rameshraja]

Kotak Bank crashed to 705 from 765 in 3 days giving 32K profit as of now..

[buffet71]

RRsir,GM,What about LT????, buffet71

[rameshraja]

Hello Buffet

LT was short in last week of May around 1475 for downside TGT of 1325. Its nearing TGT level now.

[manojkr78]

RR Sir,

You mentioned earlier Nifty should not close below 5610 for reaching all time high?? please put your current view on nifty....

Manoj

[rameshraja]

manojkr78

That was earlier swing from 5480 and it achieved almost the swing TGT of 6200.

Now for the current swing its not supposed to close below 5625 in Weekly Spot Level.

[manojkr78]

many thanks

[rameshraja]

ABIRLANUVO took support thrice near 1038.. Today closing below that, it will be a nice short with SL at 1097.70 EOD close. ( 1097.70 is 19.06.2013 High). Downside Target we can expect to earlier swing low of 936 and closing below wing point, it can even fall to 850 - 810

[akoundinya]

Hi,

The Short call given for Kotak Bank was excellent. Thanks a lot for the same. Please keep it up.

Thanks.

[chetan83]

[rameshraja]

ABIRLANUVO:

Short Abirlanuvo Future below 1032 with SL at 1097.70 EOD close. TGT 900 - 825

Please note Stops are very powerful and it will change the direction of trend. You would have also observed in this thread, for a few stocks Stops being takenout and complete reversal of trend would have taken place.

If one cannot take above far away SL, then wait for pullback to midpoint of Entry and SL to initiate trade.

Good Luck !!

[apka]

Mcdowell-N cracked to 2235 july fut expecting 2120

[rameshraja]

Mr apka

Tata Motors looks like falling to 200