Tuesday, 11 December 2012

Will be away for some days.

Hi All,

I am on extensive travel for few days .
Will resume post New Years.

Meanwhile , AXIS bank Short is my favorite pick for tomorrow or day after with SL 1335.
I am betting on BIG BIG HNS in 2min /5 min charts plus smaller time frame MACD 2/5/30 min giving sell signals.

Watch out for intraday , I will pefer MACD /RSI signals giving a break and blindly initiating a trade solely on spot prices (Hns Play).

Stop Loss 1335
Price will pass time between 1335 to 1315 ,more it does that , severe will be the fall.
Initiate shorts and on a quick slide book it below 1300. 1350 PE from 40 can turn into 60 with SL 33-34

Banking Sector is undergoing big news flows due to parliament sessions. Keep our SL tights for each trade.

My next post will be after a break.
Mostly By End of December.
Meanwhile Happy New Years.

P.S. If I am travelling . that does not means my trading positions ain't running.

SS




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