From : Pradip Ray at 05:53 PM - Sep 08, 2010(17 months ago)
Pls Chk Mr Murli's thread to chk if indeed all SLs in shorts r hit. In a turbulent mrkt the smart people wud come out triumphs. Swing trading is possible in Cash section. Not sure about FNO though.
From : Sivakumar R at 05:45 PM - Sep 08, 2010(17 months ago)
Yesterday and today all stoplosses triggered for those who are on short.
Thats why I clearly told to stay away for this week. Fresh buying is advisable only above 5630 or a dip comes.
Violent up and down moves clearly visible. Market is preparing for the next move.
Upside or downside? I dont know. We have to wait patiently.
Until then stay away from the market.
From : Sivakumar R at 07:32 AM - Sep 08, 2010(17 months ago)
Positional traders buy nifty 50% at 5558 today. I think tomorrow we can Buy another 50% at 5520-10 levels. It is better to buy only on Thurday afternoon.
If closes below 5540 spot, exit from longs. This is for Thursday.
For today follow my first message.
Certainly Nifty will move up and create new highs next week. My immediate target is 5660 and 5709.
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