Reliance :Freak Trade -Sab chalta hai !
Archives of “reliance” tag
rssGuts to SHORT at Peak…. Glory to Instant Profits
Dear Readers, Today morning I wrote 5077 as Peak NF possibility for the day. It went upto 5072 only. Sensing its failure here, my Message to all Subscribers: Now, at 5065…. Short NF with a Risk of Rs.13. Below 5055 it will tumble upto 5004. Within minutes NF tumbled to 5006. Instant gain of 59
In the same message: Now at 1075, Sell RIL with a stop of 1086-1092. Reliance just in Minutes slid from 1077 to 1056, nearest to its day’s low 1053
At opening bell :Catch Bharti above 289.50 for supergains tgt 297 ,303.50 (It kissed 302)
The point tobe noted here is: Shorting at the peaks. Its possible only when I am committed in my market analysis work at the bottom of my heart. My Levels mentioned in the web-site are the same but my MESSAGES at the right time will trigger action to subscribers for grand gains, unhesitant to Short too which is a rarity.
Just Follow Levels, Make your Vallets Deep, Deeper, Deepest
Join us live during trading hrs and get Intraday live calls of Nifty Future/Stocks.
Who was having this NEWS ?
http://www.business-standard.com/india/news/ril-loses-bid-for-canadian-firm/388837/
Above is the hrly chart of Reliance (Yesterday’s trading ).From 1030 to 1072…What a rally ?
On 3rd March ,LyondellBasell NEWS was out and stock zooomed from 992 to 1027 level in single session.
-Just think it over :Why this is happening with all companies listed in INDIA ?
-If u hunting to buy some company….is it Bad NEWS for company ?
If u lose …….and if u are not able to get Foreign Company…is it good for Domestic company ?
Technically ,I had written stock looking Hot only.
But who was having this NEWS …that it had has lost out on its $2-billion takeover bid for Calgary-based Value Creation.
-Media is reporting Today morning …so somebody was having this NEWS during trading hrs itself ??
Yes ,Chart indicated 2 days back only…Fiery move on card.
But reasons were known to some Insiders only…..Jai ho !!
Updated at 6:35/17th March/Baroda
Just follow Trend and Mint Unexpected Money
No one can predict a market trend, you can only react to them! Trend following never anticipates the beginning or end of a trend. It only acts when the trend changes. However, there is no need to figure out ‘why’ a market is trending — just follow it. You don’t need to understand electricity to use it.
Just Think :How many of u Bought or Traded in Reliance with levels ?
-Stock never broke :960 & Nifty Future support was 4898-4882 (Before Budget ,I had written)
Always Remember ,Writing/Saying and doing Bla Bla is very easy.Giving comments on Blogs…..(Those who are not earning or Failures will write comment with using Bad Words)But our AIM is to Mint Money from Market.End result should be your Balance Sheet on Plus side.
Updated at 7:27/22nd March/Baroda
Reliance to decide trend of market
RELIANCE : Below 997 level.Stock will crash to kiss 960-948 level.
-In panic around these levels ,U can Buy small qty.
-If Judgement is in favour of Reliance then stock will not break 948 level.And sharp rally not ruled out.
RNRL : 61-59 are support.Laxman Rekha at 76 level.
Break below 59 with volumes will take to 56-51 level.
Above 76,Nonstop rally upto 83-85+ level.
I will update more during trading hrs ,Free advice :Don’t trade till Judgement is out ,Iam telling …you all will save Tons of money.
Updated at 12:59/07th May/BARODA/INDIA
Target achieved in 3 sessions
Keep winners as long as they are moving your way. Let the market take you out on a trailed stop.
Dear Traders /Readers on 12th March recommended to buy RELIANCE -Educomp.
-In just 3 sessions both stocks are near their targets.
-Same day written :Only Reliance is looking hot and fiery.And about Educomp my ultimate target is 800+
YES BANK :Recomemnded Boldly to sell at 248- again yesterday at 258 level to our Subscribers….Now stock is bleeding.
Again at this moment ,Iam writing just concentrate on 5184 for Nifty Future.If able to close above this level for 2 consecutive sessions then only will show strength.
-Doors on downside will open and it will be a unexpected move….I expect this move to start from Thursday.
Today ,I recomemnded to Buy REI SIXTEN @ 88 level.Yes Technically Worst is over.Why people running for Pantaloon ?Just search something for this company.Atleast spurt upto 110-120+ not ruled out.
Updated at 12:40/16th March/Baroda