Trading Tips - koolfriend4u

[koolfriend4u]

Market ahead - koolfriend4u

Market Ahead

As I had mentioned yesterday,Nifty has strong resistance around its previous top of 6012,it opened with a bullish gap & also touched an intraday high of 6027 but higher levels could not be sustained & it fell sharply to touch an intra day low of 5919 before closing at 5960. However, it has made "Higher Top" & also nifty has closed above the resistance line which was formed by joining the tops of 6011&5975.

Another close above this resistance will confirm continuation of uptrend & targets of 6400-6500 in coming months.
Coming to extreme short term scenario, the bearish targets of 5775 are still maintained, there is a possibility that these targets will also be achieved in coming weeks.

-KOOLFRIEND4U

 

[KingTrader]

@koolf ,
What is average Monthly Net Earnings % for ur short term calls

 

[kprgroup]

Re: Market ahead - koolfriend4u

Market Ahead

As I had mentioned yesterday,Nifty has strong resistance around its previous top of 6012,it opened with a bullish gap & also touched an intraday high of 6027 but higher levels could not be sustained & it fell sharply to touch an intra day low of 5919 before closing at 5960. However, it has made "Higher Top" & also nifty has closed above the resistance line which was formed by joining the tops of 6011&5975.

Another close above this resistance will confirm continuation of uptrend & targets of 6400-6500 in coming months.
Coming to extreme short term scenario, the bearish targets of 5775 are still maintained, there is a possibility that these targets will also be achieved in coming weeks.

-KOOLFRIEND4U

Thanks..Kool Friend.Have a good day

 

[KingTrader]

@Koolfr,
Im going to trade online, pls suggest me two good online trading brokers,i wil pick one if available in my city.
Available in my citie->Reliance money, IndiaInfoline, IDBI, ICICI, RELIGARE, AJCON, ANAND RATHI, Angel, ,..

 

[koolfriend4u]

@Koolfr,
Im going to trade online, pls suggest me two good online trading brokers,i wil pick one if available in my city.
Available in my citie->Reliance money, IndiaInfoline, IDBI, ICICI, RELIGARE, AJCON, ANAND RATHI, Angel, ,..

Do u have kotak , sharekhan in ur city? - to my knowledge both r better in online trading

Rest sorry boss!

 

[prashwin]

Dear Koolfiend4u,
RIL is coming down from its life high.Presently it is at 2841.
As u mentioned that if Nifty closed abve 5960 then next tgt would be 6400 in coming week. So in this rally ,will RIL play a leadership & touch 3100?
Pl. advice on it.
Regards,
Prashwin

 

[KingTrader]

Kool fr,

I bought some shares SAIL @285 but it is going down . Now 275 , Should i keep hold for some days or book loss???

 

[ajsin]

if u have taken delivery short it and bring ur average down.... why im saying this is because SAIL may go higher but the chances are less play on momentum if it goin down short if its goin up it shount bother u.. u dont need to book loss right now..

 

[ajsin]

help me on hcc 1000 @ 223 and any news abt mcdowell-n 100@ 2070

 

[ajsin]

and please help on this if u can.. online trading between 5 paisa and sharekhan...
out of all i have found them to be the best..... they r both providing me with a sofware and giving lowes brokerage..............
whats ur take on them


reliance money the brokerage is too cheap but i doubt the software is any good pls need help