One simple thing I like to share watch 6100,6000,5900 pe tomorrow.If it opens at the previous day closing price till 9.30-40 am
1/4 then uptrend is conform for 6500-6600
1/3 - 1/2 correction will come in near term
above 1/2 then uptrend is a trap
Just my own view.May god give us one more profitable day.
6100 pe is now at 58
6000 pe is at 37 and
5900 pe is at 23
If all stays between 1/3 to 1/2 then I will try to trade them in bulk
6100 pe trade below 14.5 uptrend
between 19.5 to 29 downtrend in coming days
above 29 mean downtrend today itself or rangebound
track this price whole day today
May be my concept wrong but i am trying to track the method of big players
Because if they are taking position then they try to book profit both the side
And I am tracking this method from last 3 months only of any big movement of Nifty
Bought 2000 quan of 6100 pe at 20 with sl 15 for intrady for target 26-31-37-40 for intraday and for positional if i met with my target 40 then will hold half with sl at 10 for bigger target.
6500 ce and 6300 pe is short.short covering may come in put side but lesser chances for short covering in call side.so it may drag nifty to the lower side.as stocks are not showing the momentum with nifty
6400 ce short covering almost done,6500 ce is on 6700 and 6800 ce is going on and will be done in an hour or two then in my view short covering in put side will come with huge volume.Beware.
6700 and 6800 ce is rising.lets hope it should be done in some moments.
if sl not hit of 15 then you may hold it with the sl for bigger target 32-38-42-49-57 may be 150
closed at 24.15 holding all with sl at 15
BREAKING NEWS !!! FED HINTS THAT SMALL TAPERING TO START NEXT WEEK IN DEC 2013 ITSELF. EVERY RALLY IS A SALE NOW.
news comes to support this one.
6000 pe BUY below 20 and average it till 15 SL 12
I will try to buy in huge quan for intraday
This may be a trade of first 5 mins
Buy and sell with Rs 2-3 profit in first 5 mins and cover your loss
We will use first min to cash sentiment of retailers.
Just buy it in the first min below 20 and sell it in rs 2-5 profit.
please try to be fast to book profit
Don't hold hit and run