Tuesday, September 1, 2015
Dr Reddy - Caution
Dr Reddy....so many Buy Calls in so many channels....
My personal view....so many times, made attempt to cross my top...not able to....
I may not take a long call at killing point.....
Be cautious on top....forget about fundamental of Dr.Reddy...who is bothered, Drreddy is good a Company or bad Company(Dr Reddy is not paying salary for me)...........i need money....if i will get opportunity...again i will kill/sell Dr Reddy and make money......
Coal India - Chart For Knowledge Purpose
See the above chart of Coal India...Hit the Top Yellow and almost nearing to bottom yellow...
When it was trading near 425...all are suggested for longterm buy Coal India...what is the meaning of long term buy....already lost 25% of your capital......Buying in the Top and closing position in the Bottom...this is what all are doing.......(not us)
In the bottom yellow only...we can take a long call based on reversal...
Same way...Nifty, I can challange and our bottom level will validate....it has validated top...definitely it will validate bottom also.....it is matter of time and patience...
For our learners and followers, i will post the chart in our login area soon.....if you want..you can check the chart...you will get the number...
If you are not able to locate the number...call me, i will come on Team Viewer and show you the number in our chart.....It will be miracle...
Even Dowjones should obey our Level
Everyone should obey the price cycle.......
Read the above message (it has been posted last week)......exactly same place Dow Jones reacted and fallen....
This is our knowledge and power of reading the chart......
What is going to happen today in Dowjones...let us wait...
Dow Jones Chart...see how obeyed the level...
Learn how to read the level and interpretation is more important....
Reading chart is an a Art...it comes by experience...not by overnight....
No one can teach you anything in a week or no one can learn with in a week...it is a continuous process with proper guidance....one should have patience to Learn and trade...
Bharat Forge and Lupin - Bleeding
Bharat Forge who has sold yesterday....bleeding ....bleeding.....
We know what we are talking........posted last week both are not fit for long, sure shot....
Yesterday Lupin has gone near to 1947...today it is crying again....
Both our Lupin and Bharat Forge is bleeding....let both go to hell..
All shorts....please keep trailing s/l and run the position...
Enjoy....
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