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Nifty

Discussion in 'Technical Analysis' started by sanjay_sansanwal, Sep 18, 2013.

  1. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Hey prescilla I have updated my views yesterday it self why r u still holding you should cover that @ 5975-5980 nifty spot level. I have clearly mentioned 5990-6010 will be strong resistance.

    But now what u should do is just tell me ur price first.
     
  2. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    be quick nifty will stop falling for a while only.
     
  3. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Come on waiting.
     
  4. Prescilla

    Prescilla Member

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    Hi Sanjay,
    You r right. I am watching the chart. The low is 53, now it is ascending. Hope I can book profit at least at 70-75. I don't want to go on loss.
     
  5. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Dear pls stop feeling just give some examples why u feel so cause ur feeling will distract others decision.

    If u want to feel then please go ahead but please give some updates here why u feeling like that way.

    Please don't mind if I heart u, I used these words cause u r not learning ur just dreaming or feeling which is very dangerous in market.
    Please ignore this if I hurt u.
     
  6. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    but what is ur price?
    then only I can suggest weather to book loss or hold or add some.
     
  7. krasquinha

    krasquinha Member

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    Hi Sanjay,

    I am trying some strategy and i am not trading nor asking anyone to fallow.

    From yesterday nifty has gained many points (intra) so hoping to retrace at some levels and the rally will continue on the higher side. I am still learning as i have already told you i dont feel bad if some one try to correct me ...


    Regards,
    Kiran
     
  8. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    BOOM BOOM Nifty is going down and down and down, what a move, so many got their stop loss triggered and dreaming it will go up and make new highs, I don't know when and how they will stop dreaming take a step ahead to learn. May God bless them. Yesterday I posted my views and mentioned 5990-6010 is the point where it find strong hurdle and it reached till 5881 only and then down down and more down, I have clearly mentioned more chances to go down first till 5800-5750 then may bounce back but 5990-6010 will be the level where it feel strong resistance.
     
  9. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    If u r doing what r u telling then plz disclose it to us also may be we also can take benefit of that cause we all have the motto and that is earn frm market and help each other.
    If u also feel so then plz update we all r waiting.
    Or else I will request to all that take u as I am taking all TV analyst or so called experts.

    Please don't mind this , I am just trying to help u and get help frm u too.
     
  10. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Have u booked the loss or what ?
     
  11. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    If not then pls follow 5920-5900 nifty spot as stop loss.
    All the best.
     
  12. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    covered 1 lot of my previous holding of nifty Oct 5600 pe @ 51 bought @ 59.40 as nifty seems to take support @ 5920, so better for me to reduce the size so that if I got that again @ cheap I can add more easily and If it goes up than my other short positions will provide me the profit. Any how loss on this is Rs.420. and as I mentioned so many times these small r part of this business u can treat it as business expenses.
     
  13. saptarshi_sachin

    saptarshi_sachin Responder

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    Sanjay,

    I have shorted Nifty in the morning today - fut@5995 (sorry for delayed post)

    What do you suggest ? Should I book now or wait ? I missed it when made low of 5950... now will I wait ?
     
  14. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Today profit after plus minus 1925-420=1525 with an investment of 17270 Appr. return 8.83%.
    What more u r expecting.
     
  15. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    wait till 5910 and then book
     
  16. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    if having more than 1 lot then book partially here and then 5910 then 5890 also modify ur stops accordingly.
     
  17. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    right now stop should be 5945-5955 nifty spot. plz do adjustment in price of spot and future.
     
  18. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    spot touched 5913 just now when I was busy in writing.
     
  19. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    if sustain for 5 min. below 5920 then be ready to see 5900-5905
     
  20. saptarshi_sachin

    saptarshi_sachin Responder

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    Thanks Sanjay for your advise....

    I have covered the Nifty short at fut@5955 .....