Namaste - My Learning of Trading in Nifty

[saivenkat]

Saivenkat bro

She has definitely got some point in her observation. I have gone through her past messages, wherein in one message she made accurate observation about movement of ICICI Bank.

Hopefully, we can have one new tool to add to our understanding.

Yeah, thats what i am also curious about bhaiya. Priya sister would have something.. a different bit of analysis.

You know very well,i am a bear favorite, if 200 points fall:clap: then i will be the merrier man on the earth.

Regards
Saivenkat

 

[crown]

Priya,
Its is not Crown bhai, who commented on your post, its me.

No problems friend, Just for curiosity sake i asked for charts and not for any thing other than that. Normally people here share charts on this forum.

You could also try and do that.

I would suggest you to do the following.

1) Just save the charts that is generated by your Software in your PC as jpg image.

2) The go to website imageshack.us
3) click browse, upload the chart, wait for few minutes.
4) then copy the link file generated, " Direct link"
5) Now come to Traderji, you could see yellow box with little mountain like strucure click it and paste the link that you copied from imageshack.us and thats it your chart is pasted here.

Happy trading,

Saivenkat

:clap:

I also wanted to suggest the same, but deliberately avoided.

Because, many times people take it as an offense. Hope things will be cool

 

[crown]

Yeah, thats what i am also curious about bhaiya. Priya sister would have something.. a different bit of analysis.

You know very well,i am a bear favorite, if 200 points fall:clap: then i will be the merrier man on the earth.

Regards
Saivenkat

Are you holding short positions, Saivenkat bhai?

 

[saivenkat]

Are you holding short positions, Saivenkat bhai?

No friend, but waiting for the KILL.

 

[crown]

No friend, but waiting for the KILL.

Bhai
How will today's 200 point decline, as predicted by Priya, will help?

Because, one thing which I am suitably sure is that one or two days movements in the opposite direction of the prevailing trend can not be taken as trend reversal. Therefore, if the prediction comes out to be true, even then I will avoid taking/creating short positions. It will only be after confirmation of the trend that I may think about it.

Secondly, till now I am finding 6000 levels quite strong which means that even temporary steep fall, due to any reason, can not penetrate 5900 at all.

 

[Priya601608]

Thanks sai,

I cannot post images nw as I am on my BB. Also traderji is blocked by our sys admin in office. I will try to explain on sunday.

Thanks a lot for your suggestions.

Sai, hw u guessed I am Miss and not Mrs.?

 

[crown]

Oops forget to mention my trades

Exited from Jindal Steel yesterday @ 708.70 (buy at 713)

today exited from LIC Housing @ 1280

Entered Long in Cairn India @ 333.50

Squared off long position in Cairn India @ 333

Exited long from Aegis @ 327

Entered long in Century Ply @ 70.80
Entered long in Rainbow papers @ 55.50

Still Holding

6000 crossed

entered long in
RNRL @ 40.85
cipla @ 319
ING Vysya @ 348
Prime Focus @ 640
Radico Khaitan @ 179
Marico @ 131

exited from
cipla @ 321
ING Vysya @ 362
Prime Focus @ 655
Marico @ 125

 

[saivenkat]

Thanks sai,

I cannot post images nw as I am on my BB. Also traderji is blocked by our sys admin in office. I will try to explain on sunday.

Thanks a lot for your suggestions.

Thanks Priya sis, for taking my suggestion in right spirit. BTW what does BB mean?

When i read BB, all i could recollect is BOLLINGER BAND

Regards
Saivenkat

 

[Priya601608]

Black Berry.

 

[crown]

Black Berry.

seems your apprehension is somewhat correct.
Nifty seems to have been diluting the strength.

Though, I will remain long till I see a clear cut indication of some expected correction in Nifty.