Live Intraday Trading By Professional traders

Mr.G

Mr.G

Well-Known Member
#893
#893
ryan4ucar said:
i am a day trader buddy i go with the intraday trend i have no clue where the rot will stop on banks having said theat i might go long yesbank tom it its gets oversold and comes to say 220
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It's got a higher interest cost than other banks and it does not have a big market share. Aswell. With falling rupee banks with highest FD rates will shine after stabilization.
 
Ameet148

Ameet148

Active Member
#894
#894
alex_26 said:
Hey Rya4ucar.....

I hav got Yes Bank @300...what should i do?
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If you are long @ 300 then, you made a mistake Bro..There's no sign of reversal at this point.But there's a very good chance of pullback upto your buypoint(can't guarantee though).And if you won't get out of your position during the pullback there's a very good chance of steep price drop, which could be the final price drop and then a sideways for several weeks and then a reversal.Kind of long time for long. Best of luck :thumb:
 
R

ryan4ucar

Well-Known Member
#895
#895
Ameet148 said:
If you are long @ 300 then, you made a mistake Bro..There's no sign of reversal at this point.But there's a very good chance of pullback upto your buypoint(can't guarantee though).And if you won't get out of your position during the pullback there's a very good chance of steep price drop, which could be the final price drop and then a sideways for several weeks and then a reversal.Kind of long time for long. Best of luck :thumb:
Click to expand...
wow ameet am really impressed by your analysis... nice work
 
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