Showing posts with label expanding triangle. Show all posts
Showing posts with label expanding triangle. Show all posts

Monday, February 7, 2011

Nifty

Buy for 5460 / 5600 - Short @ 5600 if it gets there channel top

Thursday, February 3, 2011

Nifty

Hold with SL @ 5540 - This may head max to 5580 - Short again there.. This is an expanding triangle also known as a Gramaphone pattern has bearish implications.

However if 5540 not crossed then it can head to 5380 and then bullish all over again possibly 5650 / 5700

Monday, January 24, 2011

SESAGOA - Lot size 1000 - Margin 53250 - CMP 339.6

Booked out of Sesagoa @ 333 (feb futures) shorted @ 338.8

Profit 5.8 x 1000 = 5800 per lot

SESAGOA - Lot size 1000 - Margin 53250 - CMP 339.6

This stock is forming an expanding triangle. Short with a SL @ 346 - CMP 339.6

The stock has also gapped up.