Comments on: Technicals 12th Dec2011 https://www.cashthechaos.com/technicals-12th-dec2011/ Mon, 04 May 2026 19:28:49 +0000 hourly 1 https://wordpress.org/?v=7.0 By: Rut https://www.cashthechaos.com/technicals-12th-dec2011/#comment-2214 Mon, 12 Dec 2011 17:50:28 +0000 http://www.cashthechaos.com/blog/?p=1316#comment-2214 Jai,

I remember reading / hearing your comments that there might be one final leg up in IT. Have we crossed over and do you see any opportunity in shorting the IT pack ?

Regards

]]> By: prateeksinha https://www.cashthechaos.com/technicals-12th-dec2011/#comment-2212 Mon, 12 Dec 2011 09:15:07 +0000 http://www.cashthechaos.com/blog/?p=1316#comment-2212 In reply to Jai.

Jai

My emotions got me carried away.. All my positions were in short so tried hedging it with nifty calls just in case the markets rebound

]]> By: Rut https://www.cashthechaos.com/technicals-12th-dec2011/#comment-2210 Mon, 12 Dec 2011 08:37:25 +0000 http://www.cashthechaos.com/blog/?p=1316#comment-2210 In reply to Jai.

OK. Staying out then….

]]> By: Jai https://www.cashthechaos.com/technicals-12th-dec2011/#comment-2208 Mon, 12 Dec 2011 08:30:17 +0000 http://www.cashthechaos.com/blog/?p=1316#comment-2208 In reply to Rut.

Dont think Reliance is a good idea. Cannot capture all ups and downs. If you go long do not linger for more than a 1-1.5 trading session.

]]> By: Rut https://www.cashthechaos.com/technicals-12th-dec2011/#comment-2206 Mon, 12 Dec 2011 07:42:50 +0000 http://www.cashthechaos.com/blog/?p=1316#comment-2206 Jai,

I am tempted to play a bounce back on Reliance, with it being really close to its support ( as mentioned by you ) of 730. t could be a falling knife thou…..

Same for ICICI Bank …

Your views ?

]]> By: Jai https://www.cashthechaos.com/technicals-12th-dec2011/#comment-2204 Mon, 12 Dec 2011 06:43:20 +0000 http://www.cashthechaos.com/blog/?p=1316#comment-2204 In reply to shabbirsp.

Not ideal but I think it will not cross 428-30. So if that sort of stop suits – go slam it 🙂

]]> By: Jai https://www.cashthechaos.com/technicals-12th-dec2011/#comment-2202 Mon, 12 Dec 2011 06:39:45 +0000 http://www.cashthechaos.com/blog/?p=1316#comment-2202 In reply to prateeksinha.

As you have been reading my pre market notes from last week, expecting new low on or before Dec 21st. Just hold. 4620 to 4300 start covering. The way I would trade naked puts or calls – once they double cover half and forget about the rest

]]> By: shabbirsp https://www.cashthechaos.com/technicals-12th-dec2011/#comment-2200 Mon, 12 Dec 2011 06:33:36 +0000 http://www.cashthechaos.com/blog/?p=1316#comment-2200 hi jai,
is wipro on the radar for creating short, is doing quite well in down market, will it do the sharp catch up
regards

]]> By: prateeksinha https://www.cashthechaos.com/technicals-12th-dec2011/#comment-2198 Mon, 12 Dec 2011 04:32:00 +0000 http://www.cashthechaos.com/blog/?p=1316#comment-2198 Jai

Any calls on Nifty……i had bought 5 lots of Nifty calls 5000 at yesterday’s closing… Till what level can i hold them in terms of Nifty cash levels….

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