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Technical Analysis

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

  1. savitrade

    savitrade New Member

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    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
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  2. shabbir

    shabbir Administrator Staff Member

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    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
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  3. savitrade

    savitrade New Member

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    Thanks for your reply

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

    shabbir Administrator Staff Member

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    The pleasure is all mine.
     
    shabbir, Nov 18, 2012
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