Posts Tagged ‘triangle’

Trading Strategy for Nifty Future-18th August’10

18 August 2010

Success in trading is a function of talents and skills – Trading, in this sense, is no different from chess, Olympic events, or acting. Inborn abilities (talents) and developed competencies (skills) determine one’s level of success. From rock bands to ballet dancers and golfers, only a small percentage of participants in any performance activity are good enough to sustain a living from their performances. The key to success is finding a seamless fit between one’s talents/skills and the specific opportunities available in a performance field. For traders, this means finding a superior fit between your abilities and the specific markets and strategies you will be trading. Many performance problems are the result of a suboptimal fit between what the trader is good at and how the trader is trading.

Major Hurdle at 5566

Three Consecutive close above this level+Weekly close (Must ) then expect allround unexpected buying and next target with No if and but :Kissing all time high !!

Yesterday ,I had written it will face Hurdle at 5440 level….Just see it oscilalted between 5410–5444 level !!

-Another low volume day….Lowest in last 6 days.

Now ……….What do ?

Friday’s High and Monday’s low are crucial Trend Deciders.

5479-5393 -Crucial Hurdle and Support.

Today above 5440……Will take to 5456-5461 level !

-Crossover above 5461 will take to 5479-5484 level.

-5393-5385 are support levels.

-101% Dead Market !

-Only BANK Stocks are moving up up up !Remember my Target of Bank NF 10900+…written to Buy and Hold at 9800 level….Triangle Breakout.

-What happened to IT in Year 2000 or Real Estate Stocks in 2008…….same will happen to BANK STOCKS….

-Its a Matter of time ,Another 5-10% Jump.The day this Bubble will Burst….everything will collapse…………Somthing is Fishy……Traders dont have to worry…..because they will never earn (Indian Retail Investors till today are not buying )and Game played by Big Boys….want to exit…..But No Buyer….so price rigging going on and on.Just save these lines….and remember us !!

I will Update more about NIFTY ,Bank NF ,CNX IT and stocks to our Subscribers.

Updated at 7:57/18th August/Baroda

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You all need Patience..Nothing else

28 June 2010

On 8th June written :

My Target was Rs.46

(Just see Yesterday NEWS is out )

Explosive Rally ………..in these stocks

GLAXO :From 2131 to 2198 & still Hot !

GSPL :From 97 to 102….101% Hold long and buy more.

Essar Oil :On Wednesday written to buy @ 129.It was mentioned something cooking and Triangle target of 141-142….I think on Friday it kissed 142+

101% Still Holding Sugar Stocks

We sold 75% Holding in KFA on Friday itself.

After EGOM meeting :Our Subscribers are short in Bank ,Cement and Steel stocks.

ONGC :Still looking Hot & Fiery ,We missed rally in Refinery Stocks..but no worrry.

DCHL :Misfired ……(Never traded above our level and last support at 123)

What do you use to measure your success after a trading session?

If you are like most, your success or failure will be determined by the amount of profit you made or lost. If that is what you do, you are missing out on one of the greatest aspects of your growth.

We all need to be more than just disciplined with our trading tools; we need to be devoted to trading.

Eliminate greed and you will enhance your skills faster.

Updated at 6:41/28th June/Baroda

 

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TCS :Our Target achieved

18 May 2010

How poor are they that have not patience!
What wound did ever heal but by degrees?
~William Shakespeare, Othello, 1604

Refresh your Memory and see the Magic of Chart/Power of Chart and our Vision.Always remember Future Trading is not Day Trading.

-On 29th April recommended Boldly to Sell TCS at 768 with Target of Rs.730 level.

-Do u know ,Today it kissed 728 level.

Click here and visit

Technically Yours

Updated at 22:53/18th May/Baroda

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Natural Gas :Target 206 ,Fiery move on card

26 April 2010

Triple Bottom at 173.

Triangle Breakout on Friday.

Height of Tringle Rs.21

Breakout Point 185.

So 185+21 =206 is target on card !!

101% It will go much higher ,But first watch explosive rally upto 206 & then I will update more !!

Updated at 12:10/26th April/Baroda


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Reliance :Ready for Big slide -Target Rs 750-535

08 February 2010

RELIANCE INDUSTRIES -UPDATE

Short Term :Stock may move up

-Support exist at 961-947

Medium Term :Watch Triangle of 403 points (Weekly/Monthly chart )

-Trend Line support exist at 750 level.

ALERTMonthly chart indicates :Close below 940 level will create unexpected panic.Stock will slowly and steadly slide to kiss 535 level.

Above forecast is not for Day Traders/Swing Traders..only valid for Positional Traders.

Updated at 1:15/8th Feb/Baroda

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Chana :NCEDX-Panic selling on card

04 December 2009

SELLCHANATo be successful the most important rule is to strive for success. This means you must exert effort and put a lot of hard work into your effort. You must have both the short term and long term charts necessary for trading the markets you trade. They must be always up-to-date and you need to watch them on a daily basis so your mind gets use to their price and time movement. You will then learn the secret of trading and see how the entire price movement continually evolves.

Watch Triangle of Rs.161.

Anytime ,Anymoment will crash.

Will kiss 2533 in panic.

Commodity Traders ,Just watch 2694 level.Decisive break will create unexpected selling and freefall will start.

-Don’t hold long position.

TURMERIC ,JEERA ,Chilli :Don’t hold long !!

Do u want to know more ,Join us

Updated at 8:43/4th Dec/Baroda

 

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Sell on Rise..No if & But

27 October 2009

adag-stocks

You have to get your emotion and psychology right before you go to trade. Without the good emotion or feeling of the day, you will be most likely be losing during that day.

Do Not Trade, If …
- You cannot afford to lose the money. (Prepare to lose)
- You have a Bad day (quarrel with wife/child/boss).
- You are Sleepy
- You are Not comfortable in trading
- Technology failed You

Do not be afraid that you will lose the opportunity for the ride up or down. There are plenty of opportunity out there in the market everyday.

Remember: If you trade, you will lose money. If you don’t trade, at least you wont lose money.

The funny thing that i found out … People will lose money if they care about their money but people will make money if they don’t care about the money.
Get yourself right first and the money will come to you.

ADAG STOCKS :101% all stocks are looking weak.Any Rise Sell Sell Sell.

R.COM :Triangle breakout indicates stock will crash to kiss 130-116 level very soon.

RNRL :Close below 77 will take to 72-70-65 level very soon.

cairn1

Time to exit from long postion ?

Stock will panic upto 277—274 level.

Now ,Once breaks 274 level it will nonstop slide upto 266-263 level.

Just watch Crude Oil movement.I think sharp fall not ruled.Once breaks $77 level and closes below this level it will crash to $74-73 level.

Updated at 9:34/27th Oct/Baroda

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Reliance :Fire work to continue…

17 October 2009

MUKESH-RELIANCE

“A leader leads by example, whether he intends to or not.”

My Target 2326 is intact ,writing and told on 9th September itself.

Above 2212 ,No problem for Bull’s.Stock will zoom to kiss 2241-2251.If crosses 2251 then ??

-Grab @ opening Bell and forget.

Don’t look the chart of this stock ,just watch the price of Crude…already crossed $78 mark….If Cairn is moving up ,Essar Oil is zooming then this King will not sleep !!

Updated at 16:47/17th oct/Baroda

 

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DLF -LIC :Unexpected spurt not ruled out.

15 October 2009

dlf-licdlf-15octStock looking Hot and fiery.

Today ,Grab @ opening bell.Once crosses 438 with volumes will take to 446-449 in minutes only.

Have u seen triangle ??Nobody had seen …..Just see RSI too.

Stock once crosses 448 with volumes and closes boev this level will take to 500-508 level in 24-48 hrs only.

(Somebody knows something…God save Bears )

LIC_Housing_Finance

Today……just have a eye on 811 level.Once crosses this level with volumes then will spurt to kiss 818 ,836-842 level in hrs only.

Will this stock spurt by Rs.25-30-40 in single day ?Just watch movement and mint money

Always Remember :Every trader should follow a mental routine on every trade. It keeps you focused on what you have to do, and when the pressure is on, it helps you manage your nerves. You may not have control over the market, but you have control on how you trade the market. Having a routine will inject consistency that will keep you calm under pressure.

Updated at 8:19/15th Oct/Baroda

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Reliance :Singh is king

01 October 2009

RIL-MUKESH-AMBANI

Refresh your memory from 9th September ..I was Bullish in this stock.Recommended to buy this stock at Rs.2075 with indication given that it had broken triangle of Rs.263…….remember ???

-Already from 2075 flared upto 2203 ,then crashed to 2052.

-Again day before yesterday written to buy this stock above 2155 with target of 2208.(Just see yesterday kissed 2205 )

I had told many times and written that this stock is Bhismpitma of Indian Stock Market.If stock is up then Nifty /Sensex will be up only.

ALERT

Triangle Breakout target :2300-2326

Box chart indicates :2328-2378…not ruled out.

Now if it spurts to 2300-2330-2380 level from this level of 2200 then think where will Nifty Future go ?

What to expect Today or Strategy for Trader ?

-Think to Buy above 2208 level only and that too if trades with volumes.

-Suppose not crosses Yesterday’s high of 2205 then ??

-Watch slide upto 2167-2159-2145-2137 level in panic.

More Details to our Subscribers.(Don’t trade blindly and consider yourself smart )

Updated at 7:31/01st Oct/Baroda

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