1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Technical Analysis

Discussion in 'Technical Analysis' started by savitrade, Nov 17, 2012.

  1. savitrade

    savitrade New Member

    Joined:
    Nov 15, 2012
    Messages:
    11
    Likes Received:
    0
    I have some positions in Relinfra Fut bought @ 485, Yes Bank Fut @ 427 should I hold till expiry or what levels should I exit kindly guide me in this matter it will help full to minimize the loss.

    And also let me know about Some important Indicators.

    Regards
    Savitha
     
    savitrade, Nov 17, 2012
    Share #1
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,706
    Likes Received:
    1,940
    Savitha, I don't prefer trading in FnO because I don't trade with margins and you can read why here ( http://shabbir.in/no-margin-trading/ ) but I will share with you what I think about both the stocks.

    Rel Infra has good support at around 440 and so you should be holding long only if that level is not crack for a target of 500 to 520.

    Yes bank is stock in long uptrend and so you can expect target of 450+ achievable with a stop loss of 400
     
    shabbir, Nov 17, 2012
    Share #2
  3. savitrade

    savitrade New Member

    Joined:
    Nov 15, 2012
    Messages:
    11
    Likes Received:
    0
    Thanks for your reply

    Thanks for your reply
     
    savitrade, Nov 18, 2012
    Share #3
  4. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,706
    Likes Received:
    1,940
    The pleasure is all mine.
     
    shabbir, Nov 18, 2012
    Share #4