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Tuesday, November 11, 2014

Resistance 8400 & 8420

Dear All,

>>> Nifty - Hourly Chart <<<

>>> Click the chart to see on full screen <<<

It looks like posting a same chart again and again to me. Still side ways movement continues with lot of choppiness. 8400 and 8420 may act as an immediate resistance.

>>>> SRTRANSFIN - As Updated Yesterday <<<

>>> Click the chart to see on full screen <<<

Wrote to sell the stock.

>>> SRTRANSFIN - Happened <<<

>>> Click the chart to see on full screen <<<

Moved against our expectation - Exited with a Loss near to Rs.4000. Position Closed.

>>> Apollo Tyre <<<

>>> Click the chart to see on full screen <<<

We are short in Apollo Tyre, Made a part booking @ 232. Stock made a intraday low of 229. Looks like more fall coming. Stay Short. Cheers!!!

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