WE WOULD BE TAKING FRESH SHORT'S TODAY (WITH HEDGE) ... SO BE THERE LIVE
::: ITS ALL ABOUT VOLUME GAME ::: "SWING VOLUME PATTERN CHART"
WILL UPDATE SVP CHART & POST IT ON 1ST MAY 2010
WE WOULD BE UPDATING IT ON THE WEEKLY BASIS..
TODAY BEING EXPIRY DAY AND NIFTY TRADING IN GREEN VOLUME WENT DOWN???
FOR ANY STOCK QUERY FEEL FREE TO EMAIL AT admin@abnstocks.in
SOME OF THE CHAT TRANSRIPT FROM BLOG ::
COMMENTS ON OUR VIEWS & HOW ONE HAVE GRAP THEM
SO JUST THOUGHT TO MAKE THEM CLEAR ... DO READ IT
Guest: ABN, you had earlier given target of 4900-4700. Though was given for april, later on you said it will be hit by may expiry for sure. Please confirm.
29 Apr 10, 05:11 PM
Guest: Will nifty reach 4900-4700 levels as said by you atleast by may expiry? Please reply.
29 Apr 10, 05:12 PM
Guest: are you the same Krishna, who was ready to guide us and wanted to share TA.
29 Apr 10, 09:13 PM
ANS: anyone here
29 Apr 10, 09:33 PM
nik: hi sir
29 Apr 10, 09:34 PM
nik: why don't we hedge our nifty shorts?
29 Apr 10, 09:35 PM
nik: just in case things go opposite
29 Apr 10, 11:40 PM
ABNSTOCKS: @ Guest :: we never said 4900 & 4700 our trg for april or may expiry .... but yes we are on neg -ve side on market we have exit all your long at & above 5280 ....
29 Apr 10, 11:41 PM
ABNSTOCKS: now every rise we are using to build shorts and even booking them at lower levels ... as said on the post fresh short to be made only if nifty spot close below 5170 ....
29 Apr 10, 11:42 PM
ABNSTOCKS: else use rally for taking short and book them near +/- 20 to 5200 level
29 Apr 10, 11:46 PM
ABNSTOCKS: your trg are intact 4900 then 4700 but nifty need to close below 5170 ... else would keep on trading in this range
29 Apr 10, 11:47 PM
ABNSTOCKS: last not the least correction in market can not be rulled out use rallies for building shorts
30 Apr 10, 12:03 AM
ABNSTOCKS: @ nik ... yes if one feels scared to short can hedge it by buying in the money calls on short at higher levels or if shorting on close below 5170
------------------------------------------------------------------------------------
(12:57PM) GOOD AFTERNOON TO ALL JUST CAME ONLINE ... TODAY BIT BUSY WITH SOME OTHER WORK ..... AS IT'S MY DAD BIRTHDAY TODAY ... NOW WILL BE ONLINE TILL 3:30 PM ....
IF FIND SOMETHING GOOD TO TRADE THEN WILL POST
(2:06PM) keep an eye on 5 mins intraday nifty spot chart below
on crossover greenline above redline sell / short ... if long then exit
as told on CBox sell signal would come at / around 5265 (nifty fut)
nifty fut sustain below 5265 good fall expected
(2:42PM) RISKY PLAYER : SHORT SELL NIFTY FUTURE CMP 5275
NIFTY SPOT 5283
STOP LOSS 5298 (NIFTY SPOT)
CARRY NIFTY SHORT IF CLOSE BELOW 5265
SAFE PLAYER WAIT FOR CROSSOVER ON 5 MINS INTRADAY NIFTY CHART
(3:25PM) CARRY SHORT NIFTY FUT CMP 5267
SAFE PLAYER HEDGE BY BUYING 5300 CALL CMP 83
(3:28PM) BUT WE ARE NOT HEDGING OUR SHORT POSITION
"5 MINS INTRADAY CHART"
