are u stuck with short position? u were eager to short at 5000/5100 and now we are 5250+. of course before budget sentiment was weak so 17k+ was looking difficult.i remember i told u not to get biased with any predetermined levles. watch price.so i have been revising stop losses from 15652 to 16075 and from 16075 to 16800 and now last one is at 17028. so by following price it is easier to handle positions.
i will update Dr. Spandan Joshi's views as soon as i get it.
i dont track sundaram mid cap fund. normally MFs shd be purchased with longer term horizons like 3 to 5 yrs. and u shd book profits when u feel good appreciation is there or reversal is confirmed.dont trade them for short terms.
Panji
ReplyDeleteAs usual timely chart :) Thanks.
Me selfish... want downside.. scary to buy anything at this level :(
By the way Mr. Spandanjoshi's count also crossed little worried 16362 level. expecting weekly post eagarly.
If we approximaly calculate Nifty 4675+600 = 5275 almost reached..Both the indices are also in OB level... but nothing working out to come down :P
Thanks and regards
are u stuck with short position?
ReplyDeleteu were eager to short at 5000/5100 and now we are 5250+. of course before budget sentiment was weak so 17k+ was looking difficult.i remember i told u not to get biased with any predetermined levles. watch price.so i have been revising stop losses from 15652 to 16075 and from 16075 to 16800 and now last one is at 17028. so by following price it is easier to handle positions.
i will update Dr. Spandan Joshi's views as soon as i get it.
Yes... did mistake..
ReplyDeleteBy the way if u find any weakness please update in your blog.
Shall i come out of MF sundaram midcap? now or shall i wait.. they are giving good dividinds..
Regards
i dont track sundaram mid cap fund.
ReplyDeletenormally MFs shd be purchased with longer term horizons like 3 to 5 yrs. and u shd book profits when u feel good appreciation is there or reversal is confirmed.dont trade them for short terms.