Fooled by the Market

[trump]

out with stop loss hit

 

[trump]

long @ 5090
stop @ 5080

 

[trump]

out @ 5197

 

[trump]

more down side coming it seems.looking for 4900 levels.

 

[trump]

Tata Steel , expecting some rebound from here to 450 levels.

 

[mubzaveri]

instead of playing bounce on tatasteel u can look scripts like Bata which r still in Uptrend.........:thumb:

 

[trump]

expecting some upward bounce in Nifty today.
5094-5144-5200 for upward bias.
5027-4988 for the downside.

 

[trump]

Cipla- gave a upside break out ,there is chance of going higher.the break out was on high volumes also.It has also closed above its 200DMA which is 305.72 which gives it a bullish bias.

 

[trump]

Tata Motors with up bias.

 

[amitvjog]

I do not understand why India Glycol is falling!

I use EMA 20/50 setup for trading.
I bought it at Rs.138 on chart to me it was looking good and suddenly it went to 132.
even though the Q2 results are very good.
do not understand whats behind it.

does anybody know?