Markets gapped down on Friday and fell earlier in the day to make a low of 2765. This was close of the point (2760) where i had suggested to add back longs to the existing ones from a swing perspective with 2740 as SL on Friday. For the the swing is still bullish until the charts suggests otherwise. Please keep holding the longs with 2740 SL .... book partial longs at 2850 today and rest near 2900 if it comes. TSL once 2850 is achieved becomes 2790.
From an intraday perspective, markets opened at my M3 (2788) and slowly fell to close to my M2 (2765). From their it took support and went back up to M3 again quickly (2788). It went even above M3 and closed between M3 & M4. The followers on my magic numbers could have played all these swings.
In SB I gave two intraday calls on NF both successful earning 114 points (INR 5700) on 4 lots (investment of 1 lakh). In last three days I am 310 points plus (INR 15500) on an investment of 1 Lakh.
I have also posted my swing outlooks on a few stocks yesterday in case anyone is interested in trading stocks. I will add more as and when i see good setups developing in other stocks.
Magic numbers for today
NF = 2740, 2788, 2834, 2842, 2872
Cheers
SH
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good sir pls keep it up.NF gave intra 45 pts from 2850 to 2895,and positional 2800ce booked on average of 74 pts/lot for 5 lots.only icici i bot in cash 200 @290 n booked 346,hats up,may god give you more knowledge and strength.thats what i can say
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