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great ! .... stocks are a good choice when indices are in a tight range .
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Glad for your gains One Lot!!! And thanks for mentioning it too.. Also if you remember in one of previous threads of conversation between u, me and Incognito bro as on 2nd December 11 47 Am.. Had posted ICICI will take support once from 921 mark with 910 as SL and would pump to 930.. Today its at 931.. The analysis is completed bro!!!!
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Learner- Asian paints has jumped up as expected !! my OTM 3200 is now ITM !! .... interesting how fundamentals catch up with chart patterns !!
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Another thing to add Alb is already twice BN has took away the pump it made for day.. For twice once in morning and second time near 43 295... Now again if it pumps and retailers create new shorts than Operators would happily like to hunt Sls.. So do not create new positions for shorting.. Stay open in the previous.. With the Sls and loss capacity as per your own risk... Remember BN turns positive if can sustain above 43 300 on hourly closing with new resistance at 43 550... Good Luck buddy...
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ALb buddy 2 hours 45 mins ago this is the post I had posted to you.. Reposting again... For BN to short when the pump is near 43 300 with Strict SL of 43 400.. The recent highg of the day is 43 295 with the reversal and turn now at 43 212 at 1:22 Pm.. Following was tbe post: Hello Alb.. Bank Nifty has not been able so far to break and sustain 42 900 below on hourly.. It may gain strong weakness below this mark as Currently this is the support for Bank Nifty.. Only below this mark.. BN may go for further downtrend and CEs would erode drastically so closing CE if ar all BN loses this mark on hourly would be better. On other hand if BN takes PUMp and pumps your CE too.. U can exit in green MTMs in CE even if it pumps above 10-15 plus Points and use the funds to Short CE in BN at 43 300 with hedge ofcourse.. And super strict Stop loss at 43 400.. As always Im just suggesting choice ofcourse is urs.. Good luck bro!!
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Learner- refer your buy-n-hold trade for Asian Paints when price made a double bottom on 15nov …. the stock is set to jump up again !!
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Yup The CE that your carrying is in good gains now... You can exit . Before it starts decaying. HDFC Bank and Kotak have joined indus ind and sbi for pumping at 1:14PM only axis is negative among Banks... BN may lose the steam of pump again if it comes below 11:15 AMs 15 min candle low of 43 150.. And will pump again only above 43 293.. This in between zone is again for decays..
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sir ji should I exit cost price now , unable to predict further kindly suggest (sorry to disturb again)
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yes, after rate hike bank nifty may hit forty four thousand, and after election results nifty may cross nineteen thousand..if this happens then we can gradually add Jan shorts..
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Also before entering any NEW SHORT position let the pump happen.. And see for signs of reversal.. Like Shooting star or Bearish engulf to previous greens.. Or A pumped greeen candle losing the body with big upper shadow/wig.. And second candle always starting below it.. So the previous may act again as resistance and see if the high created by previous is also raising the OI for that strike in your favour... That may give double assurance.. But take new positions if you can enter and exit faster only...
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