@ Prithvi Raulji, what is the reason of shorting ? It has still not become weak. Watch hourly chart. Not any red candle is seen ...then why to go short ?
But price is not falling ....even though it is in overbought. For shorting one must see price movement also along with Overbought or Oversold Market condition. If price is falling along with overbought condition then only one should go for short trade with strict sl..... Market may remain in over bought or over sold condition for longer period of time.
@ Prithvi, I am not doing any short now..Earlier, based on my gut feelings, I used to try to catch top/bottom and most of time has to pay penalty..I have learned lot from this forum. Most importantly, to control emotion, confirm trend and flow with it rather than catching high/low, when to commit a position and when to trade..etc etc. I am enjoying this ride with 300+ points gain..Thanks to this forum.
18 comments:
Re baba ,are koi to roko nifty ko
@ Prithvi Raulji.
are you holding short position in Nifty?
@Gauresh,
Kal tak long hi tha, aaj hi short ki hai re baba
@ Prithvi Raulji,
what is the reason of shorting ?
It has still not become weak. Watch hourly chart. Not any red candle is seen ...then why to go short ?
@Prithvi Bhai,
Iss forum main rah kar short ? Why
Was there any call or indication given ?
Dear Sir,
Do you have a TA file for ONGC. If yes, could you please share it with us.
Thanks
Overbought me Over kiya,
6 pe 6 lag rahi hai bhai
@ Prithvi Raulji,
But price is not falling ....even though it is in overbought. For shorting one must see price movement also along with Overbought or Oversold Market condition. If price is falling along with overbought condition then only one should go for short trade with strict sl.....
Market may remain in over bought or over sold condition for longer period of time.
Negative RSI divergence in Hourly chart. From 7914 to 7965
@Gopi,
Short Mat karna mere dost,
Verna mari tarah vat lag jayegi
-ve divergence on MACD, RSI is on weekly,daily,hourly T/F. Need to wait for some confirmation
@Gauresh59,
At that time,
I remem newton rules,
Uper jane wala niche hi aata hai,
so short, and NS uper hi chala gaya, niche hi nahi aata
hahahahah
@Rajesh singh,
Mana kar raha hu to bhi divergences dhundh rahe ho
kambakhat Nifty ne aisa fasaya,
pura din short me hi nikal gaya
Lo karlo baat
Aaj to Masterji bhi updation nahi de rahe hai
sorry guys, in joking mood today
pls dont mind anybody,
@ Prithvi Raulji,
Jo upper jata hai...vo niche jaroor aata hai....lekin apane samaya per niche aata hai...
hahaha......
Jo upper jata hai....vo dusari uchai bhi dhundhata hai.....jab dusari uchai nahi milati tab niche aane ke taiyari karta hai....
@ Prithvi, I am not doing any short now..Earlier, based on my gut feelings, I used to try to catch top/bottom and most of time has to pay penalty..I have learned lot from this forum. Most importantly, to control emotion, confirm trend and flow with it rather than catching high/low, when to commit a position and when to trade..etc etc. I am enjoying this ride with 300+ points gain..Thanks to this forum.
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