Dear Karthik,
i don understand you went long on 244 and short on 230!........... dint get you!
or is it went short at 244 and long on 230?
to be true by friend... markets will surprise you from now on! this is what i have been told and to stay away....
man be careful, its gonna be stock specific markwt now, as crude has risen i think essar will gain
Regards,
sorry for i don track essar...

Good gains for today huh! guess HDIL gave you back all your losses?
Well, i\\`m putting a pause on trading or investments for a short while as i have been adviced to do so by friends (Punters), for now, Nifty may have a very sharp rally to 5200 before we enter a full blown bear market, but not sure of when it will start, but it is in cards now, thought of sharing it with you. Be careful while taking Short Positions.
Regards...

Its the part of the game, sometimes profit, sometimes loss...
Yesterday was a pure bait for investors to flock in, Market (nifty) may recover by afternoon, not much but a little.. shorts will get covered a bit, if nifty may even recover 50% of todays fall, but tommorow i guess would be a really bad day if inflation comes above 12.44%
Regards...

Hi Karthik,
RNRL was supposed to breach 103.80 today, well it dint happen,even nifty too dint reach 4460, But nifty did manage to climb up as i said, tomorrow nifty may open in green but the run up is not as assured as it was today, Nifty was suppose to hit 4460 range today before shifting back, it dint happen though.... Closing was not bad, so i feel RNRL should breach the 103 level tommorow provided markets remain in the mood as it was today(but i feel todays bait in markets for investors was a little less),be with a strict stop loss as nifty was bound to give a bounce upto 4460 before seeing 4300, But i feel the mood would be good tomorrow, if any crack tomorrow then Nifty will straight head towards 4300 levels, Regarding RNRL, it has been performing good, the sensex and nifty stocks if rallied will take RNRL to 109, but there is one big thing doubting me, that Nifty had to cross 4460, it dint. Keep a Strict SL and play, and to inform you... RNRL has huge long positions built! But still play with a SL for we never know when the directions may change, It shall open in green and surely give you gains, Lets watch it tommorow.
Regards ...

Hi Pal,
Well, very true, RIL,L&T,INFOSYS,HDFC reveal where exactly markets are headed towards, but what we are seeing is half of the pack trading 2-3% above the other half 2-3% lower, it is swinging Nifty in no where Zone! Well seeing today, i think we might not see 4300 so easily as thought(we may see nifty at 4460 before wednesday), market is giving back the resistance, all the Nifty stocks are getting covered after morning Shorts, Yes and to add i do follow the open interests Build up in F&O space, It gives alot of day trading hints.
Regards...

You are right!
we have been seeing Gap up openings from past few weeks, it is not a good sign of markets actually gaining with Gap up's, for when we had corrections it goes with slow drift which means it wont recover soon, this is what we saw on thursday, For Gap up & Gap down openings its sure that it is temporary, only to give traders a chance to play, for a market has to recover slowly or fall slowly, these Gap up opening only suggest that it wont sustain very long and so do Gap down openings. Yesterday we saw selling, in a perfect slow pace.
Regards ...

Hi Karthik,
Firstly let me wish you and all boarders a very Happy Independence Day!
Hmmm, A correction was bound to happen... it did,For now we are stuck in middle of no where, In one view Inflation is 12.44% with very high interest rates and on the other side we are having a smashed out Crude price and Particularly GOLD! Gold has fallen below 0 mark to 790 levels, On Friday the selling was mainly delivery based, people are getting out of postions, and delivery selling indicates investors selling rather than traders. Markets will surely open in red on monday or be a bit weak as the high inflation number is surely going to dampen sentiments, on the other hand we are seeing Crude and Gold falling, more than Crude Gold is more important as it indicates Dollar strength inversly(have to see how much comes into indian markets), Markets will remain choppy, that is if in red will go green and again several times a day, But Reliance Industries is bound to do good, and it has the highest weightage on sensex and nifty, so it would heal the crack with other heavy weights like Infosys, L&T which will support the nifty to other which will fall like DLF, Unitech. So it would be stock specific markets on monday from my View, Realty is surely going to new lows, 12.44% inflation with high interest rates is surely a bad sign for the real estate and equity markets as a whole, lets see how it shapes up. I\\`m looking to Grab HDIL at 300 on the day the bonus issued. RNRL seems Flat. Will Take a call on monday itself, but i do feel that nifty will see 4300 levels next week.
Regards ...

Dear Buddy, Yes today I recovered my losses. Had I been patient enough to wait after 2:30 I would have made handsome profit. Its seems I was destined to just breakeven for today. No regretts. I have been stuck in EsarOil for past 10 days. Having a long position at 244 and a short position at 230. If you see any way to come out of this tangle please let me know. Regards....

Went short on HDIL..Waiting for it to break 311. Regards...

exited with a loss of 4k... :( Regards...

Dear IT, I have taken a long position on one lot of rnrl at the closing hours of trading today. Please let me know your opinion on rnrl and insight ,if any, about its movement for tomorrow. Regards...

Hi IT, So far so precise. Seems like your call on nifty 4300 is near. Do you watch the Open interest build up in Index options and Certain heavy weight stocks like LT n RIL. they seem to reveal a lot. Wahts your say on that??. If 4300 is to happen it will be maily due to DLF led realty n ICICI led banks. Today both of them were tame. Though the turbulence beneath was felt in their sectors. Regards...

Dear IT, A gem of a analysis. Kudos to u. I came out of all my shorts though at a paltry profit...it cracked in the last 30 mins n i squaredoff before that. Suggest me whether can we re enter at sub-95 levels.. HDIL today crashed big time..bringing back memories of july first week. Congrats again yar for a spot on analysis Regards...

oh forget to add: Nasdaq is just two points down. I hope that in light of all that negativity you would like to spread, 2 points is nothing! :) Those markets are very much under the control of Smart Money! Check out in few days! FIIs are already not happy to see Global Rally across the world! :) Gud luk & happy investing!:)...