first of all we are happy that you have come back !!!!!!!!!!!
i bought one lot of M&M 740 put at 20.25, it is now 16.55 ,
please suggest me whether to hold or sell tomorrow ?
Thanks for all your support to me friends,but I closed the issue, so forget it and get on with the job.
Rel cap - Cmp=641.95,currently in downtrend,if closes above 657.9 it will target 675,to resume uptrend it needs to close above 678 for target 729.
Tatamotors - Cmp=1322.9,currently in uptrend,closing sl for long is 1301 for target 1375
Rel infra - Cmp=824.65,closing sl for long is 819 for target 840/865,to resume uptrend it needs to close above 865.
Titan - Cmp=3417.15,if closes above 3496 it will target 3574/3640.
SBIN - Cmp=2698,currently in downtrend,if closes above 2757 it will target 2842/2900.
Bank nifty - Spot=11196.3,currently in downtrend,if closes above 11428 it will target 11675/11850.
MRF - Cmp=7309.8,currently in downtrend,if closes above 7450 it will target 7700/7900.
Hindalco - Cmp=222.05,currently in uptrend,closing sl for long is 220.50 for target 230.
IFCI - Cmp=59,currently in downtrend but showing positive divergence,if closes above 59.90 it will target 61.25/62.50,to resume uptrend it needs to close above 62.75 for target 70.
Tatasteel - Cmp=642.75,trail closing sl for long at 634.70.
IDFC - Cmp=172.35,currently in downtrend,if closes above 174.50 it will target 178/181.
You have several silent followers like me on Mudraa board; who pray for you and stand by you.
I didn't follow your thread for the last two days. So I could not react in time. But happy that you closed the issue. It is admirable that you could forgive detractors also.
Keep up your good work. You are helping several investors / traders in Mudraa.
May God bless you.
Closely watch 5963-5968 spot range -> here is the channel resistance and also the ABC corrective wave target of dowmmove from (6069-5721) comes at 5963,
"A" wave=5721 to 5888,
"B" wave =5888 to 5796 (50% of "A" wave),
"C" wave=5796 + "A" wave=5963,
if spot doesn't cross 5972 at opening exit from your longs and re-enter after 5981,aggressive traders can go short below 5961 with sl at 5981 for the target of 5930/5914,if 5906 breaks next stop is at 5890.All are spot levels.
Mr.Akash has the habit of criticizing others. Yesterday also he gave satirical view in Mr.Lalit's post. I really felt very bad about the behaviour of Mr. Akassh.
It is very easy to pick his failure calls. How many time stoplosses hit? How many times target reached? Can I point out? Simply giving calls for 20 to 30 points. For a online trader it is very easy to pick 20-30 points.
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