Day Trading Stocks & Futures

[nil.nik.9777]

Good morning guys..

Was able to end May in profits.
Now target is let's end June in profits.

 

[vikas2131]

DBL(Daily scale) Any consolidation box range breakout or breakdown will give the fast move. Look RSI divergence during the consolidation period. Are they warnings or not?

 

[sanju005ind]

Today No trading day.Just watching,reading/ Planning for week ahead.Also putting some useless comments.

 

[onequorauser]

This stock along with HDFC Bank and KotakBank is in every MutualFund and DII portfolio with as much as 3% of weightage. Would you as a fundmanager let it fall drastically. As a fund manager if I believe the fundamentals are not good then I will exit slowly at a higher price. Monthend factsheets of each find would show if the holdings have decreased.

Well then... that answers my when..

 

[jagankris]

Today No trading day.Just watching,reading/ Planning for week ahead.Also putting some useless comments.

Any particular reasons ?

 

[optionswriter]

I think it is being kept afloat by some operators. I have said this before as well.

The very reason why enquiry is needed is a reason to worry.Anyone who went in thinking that NPAs are just about topping out have been met with a bad surprise. It without a shred of doubt had a bad quarter and another and then another.

In the private banking space ICICI is lagging HDFC, Kotak etc in terms of the run that they have had in the recent past. All these things are just justifying what has already happened.

There are obvious reasons to be short this stock. But the question is When?

Hope you didn't short it - up 3% - Good I exited yesterday

 

[nitingosavi]

sold IOC 172.8
BPCL 404.6
HINDPETRO 313
CHENNAIPETRO 284

 

[sanju005ind]

Any particular reasons ?

I always take breaks wether going good or bad.That helps me zoom out and see from a higher view and then i come back with clear mind and a Bang.
Being daily in inside the intraday charts I tend to lose the overall perspective.Also I have some pressing personal commitments today.

 

[optionswriter]

You never know - CEO may step aside for enquiry - and that will give morals for stock to zoom. As such accumulation happening at lower levels

So it happened - CEO sent on leave and stock zooms - Seems operators knew this news before market close and that's why it moved up sharply and had a huge buy order aftermarket

 

[onequorauser]

So it happened - CEO sent on leave and stock zooms - Seems operators knew this news before market close and that's why it moved up sharply and had a huge buy order aftermarket

Well... As I had said yesterday, it is being kept afloat. You have a good reason to be short but not really the time. Some technical weakness ought to be visible. There is no point in fore-running the move. You never know how far it will go before it starts the decline