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A FUSION TRADING STRATEGY |
vishyvaranasi
Green Belt
Joined: 11 Jul 2011
Posts: 1159
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Post: #286  Posted: Mon Apr 02, 2012 8:45 am Post subject: Hi RK |
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| rk_a2003 wrote: | | Yes you are right Vishy.Hope you took up the trade.A Fusion trade triggered in RCOM. SL is 81 on EOD basis.Latest chart attached.1st Target Middle B.B, 2nd UTL and the final is EPA. |
Hi rk,
Yes, had taken a position in FNO.at 84.00. waiting for a zoom in a day or two. Crossing my fingers and praying.
Vishy
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rk_a2003
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Joined: 21 Jan 2010
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vishyvaranasi
Green Belt
Joined: 11 Jul 2011
Posts: 1159
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| Post: #288 Posted: Sun Apr 08, 2012 10:28 am Post subject: TVSMOTOR-WC |
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Hi RK,
Posting the TVSMotor Weekl chart. Hope i might hav got this one correct. Seniors your views Pls. on this
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rk_a2003
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Joined: 21 Jan 2010
Posts: 2734
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| Post: #289 Posted: Sun Apr 08, 2012 6:59 pm Post subject: |
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| Yes! It is a perfect Fusion on weekly chart.Still It's always better to take entry with a suitable EOD entry method.
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vishyvaranasi
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Joined: 11 Jul 2011
Posts: 1159
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| Post: #290 Posted: Sun Apr 08, 2012 7:18 pm Post subject: bAJAJ-AUTO-1M eod |
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hI rk,
wAT ABOUT THIS
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rk_a2003
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Joined: 21 Jan 2010
Posts: 2734
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| Post: #291 Posted: Sun Apr 08, 2012 7:24 pm Post subject: Re: bAJAJ-AUTO-1M eod |
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| vishyvaranasi wrote: | hI rk,
wAT ABOUT THIS |
Inthis case not convinced with the WW.
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vishyvaranasi
Green Belt
Joined: 11 Jul 2011
Posts: 1159
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| Post: #292 Posted: Sun Apr 08, 2012 7:57 pm Post subject: Re: bAJAJ-AUTO-1M eod |
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| rk_a2003 wrote: | | vishyvaranasi wrote: | hI rk,
wAT ABOUT THIS |
Inthis case not convinced with the WW. |
Hi RK<
Can u tell me the reason so that i can correct myself.
Vishy
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rk_a2003
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Joined: 21 Jan 2010
Posts: 2734
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| Post: #293 Posted: Mon Apr 09, 2012 9:20 pm Post subject: |
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Wave 4 is too long. I see the nullifying effect on wave 5 reaction in this prolongation. That again depends on context too; some times this type of longer consolidation may result in upside break out also.
However, this can not be explained in a rule based way. That’s why I said not convinced. It’s not a wrong ww. No need to correct your self. 
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vishyvaranasi
Green Belt
Joined: 11 Jul 2011
Posts: 1159
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| Post: #294 Posted: Tue Apr 10, 2012 8:53 am Post subject: Bajaj auto |
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| rk_a2003 wrote: | Wave 4 is too long. I see the nullifying effect on wave 5 reaction in this prolongation. That again depends on context too; some times this type of longer consolidation may result in upside break out also.
However, this can not be explained in a rule based way. That’s why I said not convinced. It’s not a wrong ww. No need to correct your self. |
Hi RK,
Thanx for your insights. Infact had taken a position yesterday at 1625.Waiting for atleast a small tgt.
Vishy
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vishyvaranasi
Green Belt
Joined: 11 Jul 2011
Posts: 1159
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| Post: #295 Posted: Thu Apr 12, 2012 2:19 pm Post subject: Ster-1m EOD |
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Hi RK,
Posting the chart of Ster-1m .Converging seems to b happenning today. So can we take a position .
Advice reqd from senior pros.
Vishy
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #296 Posted: Thu Apr 12, 2012 2:30 pm Post subject: |
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Vishy
Converging is around 20th. You can take a position today.You could have taken a position around 104 where it consolidated for around 2 hours above the opening price.
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vishyvaranasi
Green Belt
Joined: 11 Jul 2011
Posts: 1159
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| Post: #297 Posted: Thu Apr 12, 2012 2:41 pm Post subject: Hi RK, |
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| rk_a2003 wrote: | Vishy
Converging is around 20th. You can take a position today.You could have taken a position around 104 where it consolidated for around 2 hours above the opening price. |
Hi RK,
I Just wanted to know wether this is a valid Fusion so that i can b a bit more confident.had taken the position at 105.40 for a tgt of 111. Sl 101.
Vishy
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #298 Posted: Thu Apr 12, 2012 2:58 pm Post subject: Re: Hi RK, |
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| vishyvaranasi wrote: | | rk_a2003 wrote: | Vishy
Converging is around 20th. You can take a position today.You could have taken a position around 104 where it consolidated for around 2 hours above the opening price. |
Hi RK,
I Just wanted to know wether this is a valid Fusion so that i can b a bit more confident.had taken the position at 105.40 for a tgt of 111. Sl 101.
Vishy |
Vishy,
SL is 100.50.Keep on booking partial profits at Midddle B.B ,Upper trendline and final target with setting TSL's to remaining quantity. Always trade sensibly.
Your identification of fusion is perfect. 
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vishyvaranasi
Green Belt
Joined: 11 Jul 2011
Posts: 1159
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| Post: #299 Posted: Thu Apr 12, 2012 3:12 pm Post subject: Re: Hi RK, |
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| rk_a2003 wrote: | | vishyvaranasi wrote: | | rk_a2003 wrote: | Vishy
Converging is around 20th. You can take a position today.You could have taken a position around 104 where it consolidated for around 2 hours above the opening price. |
Hi RK,
I Just wanted to know wether this is a valid Fusion so that i can b a bit more confident.had taken the position at 105.40 for a tgt of 111. Sl 101.
Vishy |
Vishy,
SL is 100.50.Keep on booking partial profits at Midddle B.B ,Upper trendline and final target with setting TSL's to remaining quantity. Always trade sensibly.
Your identification of fusion is perfect. |
Hi RK,
Thanx a lot for your advice and comments. Infact had bot only 1 lot.So will have to wait for the middle bb for the tgt and exit. Showing a nice move as of now.
Once again thanx fOne more thing u had said the SL is 100.50.Why? Bcoz the low made while the cog happened is 101.60 in Ster-1M. Can u pl. explain.is it that u r talikng seeing the Ster EQ chart rather than Ster-1m chart
Vishy
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som09
White Belt
Joined: 03 Jan 2011
Posts: 17
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| Post: #300 Posted: Thu Apr 12, 2012 3:22 pm Post subject: hi |
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hi RK
have a look at jindal steel is it having a fusion trade or not?
regards
sachin
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