My Observation: Abt Myself

chintan786

Well-Known Member
01-Jun
Context: Buy on Dips.
Currently NF is too stretched for fresh longs. Better opportunities lying with BNF.

Today prefer to stock specific trades. Axis Bank ANd MC-Dowell is on my watchlist.
 

chintan786

Well-Known Member
02-June
Context ; Buy on dips.
Yesterday close was Near PoC and Below VAH.
NF-- PoC-- 9784 and VAL - 9759--- If we open below given values we can open short for target of 9720-9703.
Below yesterday Low we can stay positional short. chances are less for tht to happen.

Stock specific : Axis and tatasteel.
 

chintan786

Well-Known Member
03-Jun
Context: Buy on Dips.
Today we open abv. big No. 10K...would like to buy Nr. Yesterday PoC 9900-9930. No need to chase price
here. We have HVN @ 9933 which need to remain intact for short term upmove till 10150.
Positional Short below 9800.
Stocks : Axis and Tatasteel.
 

chintan786

Well-Known Member
04-Jun
Yesterday we had some news flow regarding Bankruptcy code and due to that we had seen sell-off in K-period in Nifty Fut. and now we have FA at 10043.

Yesterday Gap was around 9995 to 10036 which might get filled today if we break given FA.
Below 9987 we may tag 9933 HVN below that is support @ 9924. breack below 9924 we may tag Poc @ 9870.

9870 can be used to play long for target of 10150... depends on once risk appetite.
 

chintan786

Well-Known Member
5-Jun
Context: Sideways to buy
If NF able to stays abv. 10018 then can go higher and Tag 10150 again.
Yesterday Prev. HVN of 9932 generated buy and bought NF back to prev. day range.
For Intra-day basis need to stay abv. 9990-10018 area.
technically yesterday was 1st Red candle of this rally started from 9000.
BNF is weak compare to NF. So one is looking for short then BNF, Axis Bank are better choice.

Expecting to trade between 10180-9900 for sometime before Bd/BO.

Options writers have edge here.
 

chintan786

Well-Known Member
5-Jun
Context: Sideways to buy
If NF able to stays abv. 10018 then can go higher and Tag 10150 again.
Yesterday Prev. HVN of 9932 generated buy and bought NF back to prev. day range.
For Intra-day basis need to stay abv. 9990-10018 area.
technically yesterday was 1st Red candle of this rally started from 9000.
BNF is weak compare to NF. So one is looking for short then BNF, Axis Bank are better choice.

Expecting to trade between 10180-9900 for sometime before Bd/BO.

Options writers have edge here.
This Sidways to Buy context is no more valid.
 

chintan786

Well-Known Member
8-Jun
Last friday we closed at day high but not able to close Resistance at 10192.. which might get clear by Gap up.Today is tricky situation for Intra-day. as some chatter is going on regarding Loan moratorium etc.

Would stick with plan of A-Period and where it takes. Support @ 10097-10070 area. below that can go back to below 10k.
 

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