Suggested position by me - I am in no way related to the site.

[DTM]

Hi !

I will post my suggestions here as a answer to this post any day I find an opportunity. Please note that even though I had taken DTM as my name here, I am not related to this site or owners of this site in any way. These are my personal views and you can use them for your studies.

Regds,

[DTM]

Hi !

Can we short NTPC for a low target of 168 and then 157? SL = 178

[achinj]

if telling .. then you are in loss .. if asking then no u shouldn't short

[DTM]

Hi !

I think one should buy L & T with following -
Buy above 715 today.
SL = 688
First Target = 740
Second = 779
After that watch at 860

If there is no fraud detected. One cannot be very sure nowdays.:)

[DTM]

Hi !

The Nifty will be up in the coming week. Can some one who has studied the Nifty futures and the OI, post some findings ?

[DTM]

Woodies Panel, if you trust it, has given the first Red Bar.
Take Care.
Chart uploaded

[DTM]

The Chart is attached.

[DTM]

Hi !

It means if we have two more red bars, the trend will be bearish.

Regds,

[DTM]

Short BPCL at current level. It will be very soon have movement on the negetive side.
SL: Stictly 386
Target : 360
Below it, its your prediction and luck. But if it dlides below it I think it can go to 340 levels.

[DTM]

Hi !
I still hold my views on Nifty and BPCL....

[DTM]

Hi !

Move the SL to 260
Wait for the further downslide.
Will it be 340 as in my first mail on this ? Or will it noe goup ? But we have already moved from 386 to 356 and I think not very sure it will touch the price of 340 levels.

Lets see !

[DTM]

Hi !

If you wanr hold the position further, please do it at your own risk but I think it can held with a strict SL

[DTM]

Targets achieved.
After this level it is your decision.

[DTM]

Short Tata Motors.
Keep a strict SL
Downward movement is expected.

[DTM]

Buy NTPC with a 15 days perspective but cover your position at 182/185
SL of 174

[DTM]

Hi !

Buy Castro today @ MP
SL = 330
T1 = 340
T2= ?

[DTM]

Watch this candidate for a short.
Sell at arounfd 76.
If Nifty is weak, it can give a good return of atleast 5 to 8 points.
T1=71
T2=around 64
SL = 80
Keep on moving the SL as per your risk taking capacity. However cover the position tomorrow itself.

[DTM]

Castrol is at 344.
Now move your SL if you still hold the position. Make it strict. Watch Nifty. If it is looking weak, U can keep the Sl of 442. Or close the position if you are happy with what u got. :-)

[DTM]

Exit castrol. This is not a long ter investment buy suggestion.

[DTM]

I still maintain my bearish view on this script. It has entered a sideways mode.

[DTM]

I recommeded this purely on TA. Anyone has a news on this ? Pleas let me know.

I would like to see what happens next.

[DTM]

I do not advice to enter castrol now. I may be wrong but it is risky.
To protect money is the main aim when u trade to earn money.:)

[DTM]

Except for one small white candle, it is a classic case of three black crows on EOD Nifty charts. There will be intense battle between the bulls and the bears. Bears will probably win. If they win, the mkt will be volatile on the bearish view. It is better to stay away. Let them decide in which direction to take the mkt. We are small players. We will always take side of the winning side
:)

I only know, I know nothing
Socrates.

[Duke]

The 3 Black Candles from 11-06-09 to 13-06-09 can be constructed as a 3 Black Crows formation.

Recognition Criteria:

1. Market is characterized by uptrend.
2. Three consecutive long black candlesticks appear.
3. Each day closes at a new low.
4. Each day opens within the body of the previous day.
5. Each day closes near or at its lows.
Explanation:

The Bearish Three Black Crows Pattern is indicative of the fact that the market has been at a high price for too long and the market may be approaching a top or is already at the top. A decisive downward move is reflected by the first black candlestick. The next two days show further decline in prices due to profit taking. Bullish mood of the market cannot be sustained anymore.

Important Factors:

The opening prices of the second and third days can be anywhere within the previous day's body. However, it is better to see the opening prices below the middle of the previous day's body.

If the black candlesticks are very extended, one should be cautious about an oversold market.
The reliability of this pattern is very high, but still a confirmation in the form of a black candlestick with a lower close or a gap-down is suggested.

[DTM]

Yes what you have stated is right. It seems you are well conversant with candlestick patterns. Why not write about it for us in a new thread ?

Thanks !

[DTM]

Hi !

I bought this script @ 73, qty 250.
I think it should give good returns in coming week. You try this on Monday at the same levels with a good SL.

[DTM]

I am going to buy this script at Market price with a SL= 110. I think it should give give good returns. My first target is 116 and then 120.

regds