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A FUSION TRADING STRATEGY |
rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
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Post: #331 Posted: Wed Apr 25, 2012 2:50 pm Post subject: Re: Hi RK |
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vishyvaranasi wrote: | Hi RK,
One more query. Volume shld be considered of the COG stick or even the prior would suffice. Coz feel that LITL might have a COG today. But volume of the COG stick might not be that great today.
Vishy |
It should be fine if atleast one of them have good(rise) in volumes and Iam sure in case COG happens It will match atleast prior day volume.
Last edited by rk_a2003 on Wed Apr 25, 2012 2:58 pm; edited 1 time in total |
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rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
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Post: #332 Posted: Wed Apr 25, 2012 2:57 pm Post subject: |
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Petronet Fusion set up is now null and void.It overshooted beyond acceptable limit.
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rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
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rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
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Post: #334 Posted: Thu Apr 26, 2012 8:34 pm Post subject: |
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Is RCOM ready for another Fusion?
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vishyvaranasi Green Belt
Joined: 11 Jul 2011 Posts: 1159
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Post: #335 Posted: Fri Apr 27, 2012 10:38 am Post subject: Hi RK, |
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Hi RK,
Posting the chart of Axis Bank. COG already happenning but cannot confirm as of now. By the time we can hav a cnf the rate might jump high. Look into it.Also Rcom started COG.
Vishy
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vishyvaranasi Green Belt
Joined: 11 Jul 2011 Posts: 1159
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Post: #336 Posted: Fri Apr 27, 2012 10:47 am Post subject: RK |
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Hi RK,
Another good example we might hav today. Rcom yesterday vol is 1.49 cr even though if COG happenns the vol might be lower than yesterday. So ,then can we take a position bcoz yesterday red candle vol is greater than the preceeding ones or we shld think as the cof candle is lower than yesterday.
Vishy
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vishyvaranasi Green Belt
Joined: 11 Jul 2011 Posts: 1159
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Post: #337 Posted: Fri Apr 27, 2012 3:39 pm Post subject: Re: Hi RK, |
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vishyvaranasi wrote: | Hi RK,
Posting the chart of Axis Bank. COG already happenning but cannot confirm as of now. By the time we can hav a cnf the rate might jump high. Look into it.Also Rcom started COG.
Vishy |
Hi RK,
Your views are desperately needed. Took at position in Axis at close of market today.
Vishy
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Rahulsharmaat Black Belt
Joined: 04 Nov 2009 Posts: 2766
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Post: #338 Posted: Mon Apr 30, 2012 11:45 am Post subject: |
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please confirm--
Rcom active now ??
suggest stop loss also
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vishyvaranasi Green Belt
Joined: 11 Jul 2011 Posts: 1159
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Post: #339 Posted: Mon Apr 30, 2012 12:13 pm Post subject: |
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Rahulsharmaat wrote: | please confirm--
Rcom active now ??
suggest stop loss also |
Hi rahul,
I Personally feel the volume Quotient of RCOm is lesser bocz of the Special trading on Saturday. COG has happenned on Saturday. If one wants to trade the SL will be 73.20 (Cash).The confusion lies here with the Volume being less
Vishy
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rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
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Post: #340 Posted: Mon Apr 30, 2012 12:31 pm Post subject: |
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Todays price,volume action is confirming Sat.day COG. Therefore we should consider it as a valid fusion COG and can take a position with SL at 73.45 or 73.20( Cash).
Entry price can be optimised according to your skill set.
Last edited by rk_a2003 on Mon Apr 30, 2012 4:24 pm; edited 1 time in total |
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vishyvaranasi Green Belt
Joined: 11 Jul 2011 Posts: 1159
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Post: #341 Posted: Mon Apr 30, 2012 2:49 pm Post subject: |
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rk_a2003 wrote: | Todays price,volume action is confirming friday COG. Therefore we should consider it as a valid fusion COG and can take a position with SL at 73.45 or 73.20( Cash).
Entry price can be optimised according to your skill set. | Hi RK,
Just a question. For a Fusion to be considered valid, the Volume shld have a rise either on the Last red bar or the COG Green one. But in case or RCOm that doesnt seems to have happenned .The volume is less than the last candle. So can this be taken a case of Fusion??
Vishy
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rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
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Post: #342 Posted: Mon Apr 30, 2012 3:29 pm Post subject: |
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Vishy
You are right while checking the volume at midtime I have miscalculated.There is no substantial volume rise on COG or prior candle.It's not fit for Fusion.
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vishyvaranasi Green Belt
Joined: 11 Jul 2011 Posts: 1159
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Post: #343 Posted: Mon Apr 30, 2012 3:37 pm Post subject: |
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rk_a2003 wrote: | Vishy
You are right while checking the volume at midtime I have miscalculated.There is no substantial volume rise on COG or prior candle.It's not fit for Fusion. |
Hi RK,
By the way this cvolume difference has happenned with some scripts today. Shows a big volume on the charts but actually not that volume in ODIn. Had raised a thread for this but there wasnt any response.
Vishy
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vishyvaranasi Green Belt
Joined: 11 Jul 2011 Posts: 1159
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Post: #344 Posted: Thu May 03, 2012 3:55 pm Post subject: Hi Rk |
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Hi RK,
Wats up unable to find u recently livein the market. Byu the way , just a practical doubt . Say, we have taken a position in some scrip and without reaching the target it has come back and hit our Sl. After say 2-3 days it has gaian given a COG . Now can we take aposition that time again conasidering the same setup.An example of Axis bank is being attached for your understanding. IF a COG happens again now can i consider buying this.
Vishy
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rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
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Post: #345 Posted: Thu May 03, 2012 4:39 pm Post subject: Re: Hi Rk |
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vishyvaranasi wrote: | Hi RK,
Wats up unable to find u recently livein the market. Byu the way , just a practical doubt . Say, we have taken a position in some scrip and without reaching the target it has come back and hit our Sl. After say 2-3 days it has gaian given a COG . Now can we take aposition that time again conasidering the same setup.An example of Axis bank is being attached for your understanding. IF a COG happens again now can i consider buying this.
Vishy |
Hi Vishy!
I am mostly a part time trader.
Yes! provided there is an RSI Div present.In this case the chances of hitting the target could be more.
I don't see a RSI div in this case.
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