Hi Vasant,

Thanks for your comments. At the moment, I’m not offering any products for subscription to individual investors. If I do decide to offer subscription services in the future, I will let you know. However, I’m sure you should be able guide yourself to some good trade setups based on the posts in this blog.

Best regards,
Jai.

I have shorted july nifty futers @ 5540, But today nifty gone above 5600 level. My qustion is this rally end here or move to upper side. Pls guied me shall i hold this shorts till july or close it.

Thank you,
Regards.
Srinivas

Rajesh/Parag/Vimarsh/Rut and regulars,

I’m away on holiday, will be back to markets next week. I wanted to do a post on Saturday night before starting my holiday but unfortunately the holiday mood got the better of me 🙂 Ok the markets in one sentence- still looks corrective (correcting the drop of 5944 to 5195). Will try to do a brief post with charts if possible. Hold on, do not get aggressive on either side.

Cheers,
Jai

Is it a good time to buy 5500/5400 July Puts? Although we saw a strong upside move in the last few trading sessions, 5600 is seeming to be the ceiling for now – what do you say?

Thanks & Regards,
Parag

I did one round of short trade in Titan (216 to 212) and today i moved out as trailing at 214 hit..The one thing i find wrt Titan is that its pretty volatile in its behaviour..Is it worth re-entering in short at around 216..how do you decide that..I use 100min EMA and 400 min EMA wherein i begin short position when 100min EMA crosses over and goes below 400 min EMA convincingly..However this indicator in current scenario is so misleading i.e. it has cross-above/below quite a time :)..Appreciate your technical analysis inputs..

warm regards,
vimarsh p vasavada

Good news first – good returns made in SBI. Thanks a ton.
Bad news – now running short in nifty from 5475 onwards.

How do u see this rally ? More to it or like to break down again and test the old low ?

Please let know your thoughts.

Regards

Hi Sunil,

Thanks for the comments and welcome to my blog.
REC looks like it has one more push down – 2 things to note, before that push there can be a good counter trend rally (may be 220) and the next push down has a probability of not breaking the June low, since the earlier push down was fast and quick. I’m not saying this is a bullish set up but if one is short we have to be careful. A nimble trader would use 176 as stop and try to play this counter-trend move.

Nifty – yes one probabilty is the route you have mentioned but the high will be far higher than 6300. I will do a post on Nifty when there is a significant breach of any level be it up or down.

Good trading to you,
Jai

I recently started following you…..and this blog (have been earlier reading anotehr blog called queenstrade). I appreciate the “out of the box” views, and wish you were open to subscription (I understand that currently you are not).

In any case, while it is wrong to ask for free advise, however, I would be anxious to know your views on the following two queries:

1. REC, and its recent decline, and what could be the levels to enter/exit.
2. Nifty: My own analysis is that 4800 should be targettable in July, followed by 6300+ by February 2012….any comments?

Thanks in anticipation

Regards
sunil