Day Trading Stocks & Futures

[vikas2131]

Nice H&S in Ashok Leyland. Have to be patient enough for it to break.

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Auto industry around the world , is heading for serious correction. Look at numbers being posted by global Auto-markers like BMW. Terrible

 

[Riskyman]

Thing is expiry is very near..may happen soon Or may happen in NOV ..

Yes which is why I said one has to be patient. Also cannot trade these H&S by buying options as on daily charts the targets take a long time to achieve.

 

[vikas2131]

 

[Positivetrader]

Yes which is why I said one has to be patient. Also cannot trade these H&S by buying options as on daily charts the targets take a long time to achieve.

Correct.. Will switch FUTURE SHORT to NOV series if it is not working within OCT expiry..
As far as PE, as I was not comfortable holding Future Short over weekend, entered the PE..
Let us see..
If required will request Kharikumaar to give appropriate command to ASHOKLEY !

 

[Riskyman]

Looks like Ashok Leyland can test LOD.

 

[Positivetrader]

Already below MA20..Testing MA50 is likely..Last time it touched 105 level it bounced up instantly within a single candle..Let us see..

 

[kharikumaar]

Correct.. Will switch FUTURE SHORT to NOV series if it is not working within OCT expiry..
As far as PE, as I was not comfortable holding Future Short over weekend, entered the PE..
Let us see..
If required will request Kharikumaar to give appropriate command to ASHOKLEY !

LOL , i dont think stocks pay much attention to me

 

[kharikumaar]

my only trade i went long ( bought ce) earlier on , and will hold it for tomorrow

 

[Positivetrader]

LOL , i dont think stocks pay much attention to me

You left early in your earlier stock PUT trade..See the present status ..

 

[kharikumaar]

like i said mera bad luck hi kharaab hey