Day Low : 7247.70 Day High : 7319.30 Range : 71 Points Day Pivot : 7249 Hour Pivot : 7269NS well above HKN ( Hepta Kilo Number ). Currently hovering around @ 7270.Day Pivot's Resistance1 cluster @ 7305-23 stopping NS's further rise.NS continuing since last 4 Hours in SOR mode. Staying above Hr. JNSAR @ 7271, Hr. Pivot & Hr. Ema @ 7269 will give strength for the Hour.Above Hr Hema @ 7286 NS changes mode into BAH.SOR = Sell On RiseBAH = Buy And HoldHepta Kilo Number = 7000
Master,Direction wise, a revisit of 7150-30 NS, seems imminent before a rise, to EW eyes ?
@leon, if you remember what i wrote yesterday,,if saves 299-98..we are in for a series of higher highs...keep riding the TATACOMM
Sir,CNX IT - looks like into longterm downtrend - "C" wave i.e. c1, c2 complete.Am I right????
@ shriram,There are conflicting signals in the smaller T/F. Keeping below 7365 or 7414, that is one possibility.
Tks sir !
Yes Chetna. However I exited around 324 out of fear (given the money lost on 16th - no stop loss :-( ). Now again not sure of the re-entry. Will wait for a directional correction in Nifty. Is this strategy correct or should I get in even now.
Was asking from a WXY persp.. with time to expiry nearby
@ Rajesh Rekhani ,CNX IT is doing in LT chart 3.(1).iv, the 1st being 1993 to 7593 and the (1)st of 3rd wave having started from 5845.55.
2leon,, profit booking is a must for traders..i have had the bruint many times..you did a good jobbe patient if it comes back ,,re enter ,,otherwise bahut oppurtunities hain..one is rcom..looking good for yearly highs
just look at volumes in rcom esp in futures..any bull would love it
Chetna JI: Thanks Madam. I was also looking at RCOM. I am waiting for it to close above 140-141
I wanted to get in around 138 based on my studies, but did not. This is what Master says - Need to have faith in our own studies
@leon,,,,we are in same boat,.,,,,HE IS MASTER!! we still have along way to go..i was in at 123....and booked out for peanuts..re entered today
Any one have a view in Hindalco?
I was in since 119 and booked out at 125.. not yet entered :-(
Recovered 16th losses today. Heartfelt thanks to MASTER, Satheesh (SAIL), Chetna for TATA COMM. Still waiting for the big C for further positions.
Bb, there was a triangle in 60 mins chart and bo was above 151.1 tgting 157 and 168 sl was at 147.85 and it gapped up today above bo pint
C if B done. Will know on PUKKA cross of 7305
Decepticon signature on this rise !
Thanks Prabhanshu for the update on Hindalco.
haha.. cool , yea tats one mean Son of a Gun ! ;-)
@ shriram deception signature mean?
@ Manas : decepticon means my neurons have got fry-ed due to lack of the ALL-SPARK today :-)Feet up & relax wid a chilled Bud.. time to goGood day all !
Ilango, how to preserve profits in this rise in the cash segment? Is it time to exit and wait or keep running and how?
@ sudhin bathija,If it is deliveries, it depends on the caliber of the stock.Good stocks should be held in this market and they provide sudden sharp upmoves. If you're inclined to lock some profits, do only "part booking".
Dancing with "7264"...at EOD..!!
Yes nmdc in particular I am holding since 130 what do you suggest, and thanks.
@chetna stop loss in rcom please
7353 todays high not 7319