Comments on: Capital Goods stocks starting their next leg down? https://www.cashthechaos.com/capital-goods-stocks-starting-their-next-leg-down/ Mon, 04 May 2026 19:30:06 +0000 hourly 1 https://wordpress.org/?v=7.0 By: Jai https://www.cashthechaos.com/capital-goods-stocks-starting-their-next-leg-down/#comment-647 Wed, 03 Aug 2011 01:50:23 +0000 http://www.cashthechaos.com/blog/?p=831#comment-647 In reply to Arun.

Thanks Arun. Hopefully it should complete the next 1000 points too.

]]> By: Arun https://www.cashthechaos.com/capital-goods-stocks-starting-their-next-leg-down/#comment-646 Tue, 02 Aug 2011 04:33:55 +0000 http://www.cashthechaos.com/blog/?p=831#comment-646 Dear Jai,
Splendid call Jai. Bse CG now below 13000.
Regards,
Arun.P.S

]]> By: Jai https://www.cashthechaos.com/capital-goods-stocks-starting-their-next-leg-down/#comment-645 Mon, 11 Jul 2011 04:23:05 +0000 http://www.cashthechaos.com/blog/?p=831#comment-645 In reply to Nirav.

Hi Nirav,
Read the latest post on Nifty – I think there could be one more leg up, before a bigger decline starts.

Best,
Jai

]]> By: Jai https://www.cashthechaos.com/capital-goods-stocks-starting-their-next-leg-down/#comment-644 Mon, 11 Jul 2011 04:21:14 +0000 http://www.cashthechaos.com/blog/?p=831#comment-644 In reply to vimvasavada.

Hi Vimarsh,
Read up and try to understand, straddles and covered calls – you will get some idea when to use and how to use and the risks involved.

All the Best,
Jai

]]> By: vimvasavada https://www.cashthechaos.com/capital-goods-stocks-starting-their-next-leg-down/#comment-643 Sun, 10 Jul 2011 05:55:56 +0000 http://www.cashthechaos.com/blog/?p=831#comment-643 Dear Jai,

Just in continuation to my last query on “Trading Events” , i came across your analysis video on 7th july :
http://www.moneycontrol.com/news/stocks-views/infosys-may-test-rs-2520-jai-bala_563418.html

I hold the similar view and not able to decide when and how to enter in shourt position..I am just eager to go naked short here on 12th of july – infy’s resut day..but its a risky..

Plz let us know if there are any specific option/future strategies one can employ for such events..

]]> By: vimvasavada https://www.cashthechaos.com/capital-goods-stocks-starting-their-next-leg-down/#comment-642 Sat, 09 Jul 2011 14:39:47 +0000 http://www.cashthechaos.com/blog/?p=831#comment-642 Thanks Jai,

As there are results in coming days..Do you employ any specific strategy to trade such events.. i mean lets say our take is that Infy may break down 6 to 7% on poor guidance..How to take a calculated risk here..

warm regards,
vimarsh p vasavada

]]> By: Nirav https://www.cashthechaos.com/capital-goods-stocks-starting-their-next-leg-down/#comment-641 Sat, 09 Jul 2011 11:09:12 +0000 http://www.cashthechaos.com/blog/?p=831#comment-641 Jai Sir,

Firstly thanks for the advice on elliot waves count. Now do you think that nifty has taken a turn and we could see nifty break 5000 this time????

Awaiting you reply…..

Nirav

]]> By: Jai https://www.cashthechaos.com/capital-goods-stocks-starting-their-next-leg-down/#comment-640 Fri, 08 Jul 2011 14:00:55 +0000 http://www.cashthechaos.com/blog/?p=831#comment-640 In reply to vimvasavada.

Hi Vimarsh,

My reading is that Sesa is in its final push down and the max downside is 231. If I were short at the level you are, I would use 296 as stop and take part profits closer to 260. Skumars though looks like has much bigger downsides over the medium term, the short term is trickier and not clear as to where to place your stops. One interpretation is that it will not overlap to 65.
Good luck with your trading,
Jai

]]> By: vimvasavada https://www.cashthechaos.com/capital-goods-stocks-starting-their-next-leg-down/#comment-639 Fri, 08 Jul 2011 10:34:27 +0000 http://www.cashthechaos.com/blog/?p=831#comment-639 Dear Jai,

I have created short position in Sesa Goa @ 281.4 and SKumar @ 54.11. Appreciate your guidance on charts/levels probability ..

warm regards,
vimarsh p vasavada

]]> By: Jai https://www.cashthechaos.com/capital-goods-stocks-starting-their-next-leg-down/#comment-638 Fri, 08 Jul 2011 03:19:38 +0000 http://www.cashthechaos.com/blog/?p=831#comment-638 In reply to Rut.

Hi Rut,

The pedal is being pressed to target the 5940 zone. Short term continues to be up, medium term would turn up if 5944 falls. Quite a bit of euphoria was seen in many small cap counters.

Best,
Jai

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