Position Update : 18th Nov

*** INTRA-DAY TRADES *** * Buy Bn abv 12520, sl 12480, tgt 12560/ 12600Sl taken * Buy Mini 6032, sl 6002, tgt 6050/ 6090.Exited at cost. * sell Nifty 5955, sl 5978, tgt 5930/ 5900Sl taken Nifty total points : -23 points.Bank Nifty :-40 points. ———————————————————————— *** NEW TRADES *** *Buy educomp 562, sl 533, […]

An extended downtrend?

A 100 point bounce from 5925 levels and a close above value high seem to have got people excited and talking about a bottom. Bottoms are a process, never an event! Well, we may go up again tomorrow and the peculiar ‘P’ shape observed in today’s profile was weird because it comes on a downtrend. […]