My Views, My Trades - My Posts

#13
Bankindia seems to have made a bottom around 180 and Unionbank around 175
Lagta to hai :)
But both UnionBank as well as BankIndia, are at crucial juncture.

UnionBank
Should hold current low levels (170 must), for congestion zone at 185/188

BankIndia
But BankIndia is rather in a better position.
Holding 177, should move for 188/190 congestion zone.
 
#14
#15
Congestion means what exactly If I want to understand this theory myself?
Is it like S&R?
ha ha
I too want to know,
what you guys think about congestion,
what is congestion
we daily face congestion every where.
we move out of our homes, aur congestion ka silsila shuru ho jata hai, (it starts with congestion) on roads, in markets, in public places, in banks, hospitals, govt offices with public dealing etc etc every where
how you tackle this congestion in/of daily life
what are the options/solution one has to solve it

Let me have your views on congestion, what we face as an individual in daily life.

This question is open to all, for their comments.
 
#17
Lagta to hai :)
But both UnionBank as well as BankIndia, are at crucial juncture.

UnionBank
Should hold current low levels (170 must), for congestion zone at 185/188

BankIndia
But BankIndia is rather in a better position.
Holding 177, should move for 188/190 congestion zone.
both scrips did an high of 190 :)
 
#18
This is what I posted on Friday at 1.06 am
BNF after open started moving in the direction, but took a dip, or to say a major dip, but recovered some and the saving factor was, BNF at eod was 24990, above 24977

At a glance on the chart, I find that the low has been formed at 24920, as after 24920 BNF is in the uptrend. Further an HL has been formed at 24956 and BNF should not move below it, and should hold/trade above it for any upmove.

Though the huge congestion is still there intact around 25222, but in the meantime another huge CP has also formed at 25077/88 zone, so crossing and sustaining above this zone is now necessary for any upmove towards 25222.

At this moment, I am of the opinion that on Monday we can see a gap up open, may be above/around this CP zone OR to move in this zone within 50/60 min after open, if opens otherwise.

-----------------------------------------------------
Disclaimer: I am holding some 24900, 25000, 25100 calls, beside other trades in BN. At what price, ha ha, leave it, many of you cant even imagine it
ha ha
BNF didnt open gap up
but choose the other way to reach 25080 :)
 
#19
SBIN

The beaten down stock in last 2 days of trading. Risen to 351 and beaten down to 310.7
Now this scrip has formed a low (or may be some points left, a possibility only) and should hold these levels for any upmove.

Congestion seen at 322
Should reach there
Should hold/trade above 305

LTP 310.7
SBI too clocked 322 :happy:
 
#20
NF

Congestion seen at 10424
Should reach there
Should hold/trade above 10377

LTP 10387
 

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