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A FUSION TRADING STRATEGY |
rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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Post: #481  Posted: Wed Sep 19, 2012 9:21 am Post subject: |
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Hi JJM,
It doesn't.
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vishyvaranasi
Green Belt
Joined: 11 Jul 2011
Posts: 1159
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| Post: #482 Posted: Wed Sep 19, 2012 12:23 pm Post subject: |
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Hi RK,
Well for the trade of ranbaxy the SL is 520. 520 breaking is the SL or it is on a closing basis.
Vishy
| rk_a2003 wrote: | Well, I kept a limit buy order, it never triggered.Normally I will modify it and buy at last minute.Due to some tech glitch( may be net) my order is not through.let me see it on day after tomorrow.
Hope it won't run away.
| vishyvaranasi wrote: | Hi RK,
Taken position at day close in Ranbaxy. Lets see wats in store for Thursday.
Vishy
| rk_a2003 wrote: | Reliance power reached Upper B.B and closed at 87.15.Partial profits booked . C.G closed above middle B.B at 112.05.
Now A + Fusion set up in Ranbaxy. After the confirmation of COG long entry can be initiated.A possible SL marked, but may be altered as low of point 5 after long entry. |
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #483 Posted: Wed Sep 19, 2012 3:04 pm Post subject: |
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Vishy,
If you keep it on EOD basis the success rate will increase. Reason….. so many times price touch SL in intraday but often fails to close below it and then move upwards to reach the target.
But, it could be a little risky if it crosses the stop loss and going down like hell then there is no point in waiting. It only enhances our losses. So some sort of discretion is required in such case.
You might be worried about gap down opening tomorrow. Ranbaxy has a history of going against Index moves quite often.Relax 
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vishyvaranasi
Green Belt
Joined: 11 Jul 2011
Posts: 1159
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| Post: #484 Posted: Thu Sep 20, 2012 8:44 am Post subject: hi rk |
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Hi Rk,
Posting the chart of deltacorp. Pl. look into it for fusion
vishy
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #485 Posted: Thu Sep 20, 2012 8:50 am Post subject: Re: hi rk |
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| vishyvaranasi wrote: | Hi Rk,
Posting the chart of deltacorp. Pl. look into it for fusion
vishy |
No,It won't qualify yet, You tell me the reason...Take your own time.Means there is a bright chance for it to go up...and....up.Yes there could be intermittent corrections still the thrust is towards up.
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vishyvaranasi
Green Belt
Joined: 11 Jul 2011
Posts: 1159
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| Post: #486 Posted: Thu Sep 20, 2012 8:54 am Post subject: Re: hi rk |
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Hi Rk,
Ofcouse COG has to happen still. Seeing at it these r the dbts i hav.correct me if i am wrong.
1. Point 1 is not significant
2. CCI below 200 (still at 174).
| rk_a2003 wrote: | | vishyvaranasi wrote: | Hi Rk,
Posting the chart of deltacorp. Pl. look into it for fusion
vishy |
No,It won't qualify yet, You tell me the reason...Take your own time.Means there is a bright chance for it to go up...and....up.Yes there could be intermittent corrections still the thrust is towards up. |
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #487 Posted: Thu Sep 20, 2012 9:01 am Post subject: Re: hi rk |
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COG always can happen later,even today still it won't qualify.It's lacking relative Volume spike near point 5 .So the climatic volume rise missing,Which indicates it's not yet weakened. | vishyvaranasi wrote: | Hi Rk,
Ofcouse COG has to happen still. Seeing at it these r the dbts i hav.correct me if i am wrong.
1. Point 1 is not significant
2. CCI below 200 (still at 174).
| rk_a2003 wrote: | | vishyvaranasi wrote: | Hi Rk,
Posting the chart of deltacorp. Pl. look into it for fusion
vishy |
No,It won't qualify yet, You tell me the reason...Take your own time.Means there is a bright chance for it to go up...and....up.Yes there could be intermittent corrections still the thrust is towards up. |
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vishyvaranasi
Green Belt
Joined: 11 Jul 2011
Posts: 1159
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| Post: #488 Posted: Thu Sep 20, 2012 9:02 am Post subject: |
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Hi Rk
Satisfied with Ranbaxy at present RK
Vishy
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #489 Posted: Thu Sep 20, 2012 9:30 am Post subject: |
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| vishyvaranasi wrote: | Hi Rk
Satisfied with Ranbaxy at present RK
Vishy |
You are too nervous to be a trader Vishy
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psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
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| Post: #490 Posted: Thu Sep 20, 2012 9:37 am Post subject: |
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| rk_a2003 wrote: | | vishyvaranasi wrote: | Hi Rk
Satisfied with Ranbaxy at present RK
Vishy |
You are too nervous to be a trader Vishy |
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vishyvaranasi
Green Belt
Joined: 11 Jul 2011
Posts: 1159
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| Post: #491 Posted: Thu Sep 20, 2012 9:38 am Post subject: |
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Hi Rk,
Ya. I do agree that am a bit nervous. The thing is Pre open ranbaxy was at 480. Thats y was more nervous.
vishy
| rk_a2003 wrote: | | vishyvaranasi wrote: | Hi Rk
Satisfied with Ranbaxy at present RK
Vishy |
You are too nervous to be a trader Vishy |
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #492 Posted: Fri Sep 21, 2012 9:21 pm Post subject: |
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| Nifty Fusion SL hit but it gave a chance to set TSL cost to cost.RPOWER EPA 96 reached.Profits booked.
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Rahulsharmaat
Black Belt
Joined: 04 Nov 2009
Posts: 2766
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| Post: #493 Posted: Fri Sep 21, 2012 10:18 pm Post subject: |
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RK
I shorted at 5620-- and booked at 5560
and closed short
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sonshu101
White Belt
Joined: 24 Nov 2011
Posts: 79
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| Post: #494 Posted: Sat Sep 22, 2012 2:39 am Post subject: |
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Rk,
Even I shorted Nifty and booked around 5570 levels.
Booked in ranbaxy too.
Thanks
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #495 Posted: Sat Sep 22, 2012 9:09 am Post subject: |
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Rahul & Sonshu,
I am really glad to hear that.Yes, Agile and Brisk short trades are order of the day,should not wait for the targets.
In longs we can do that patiently.Now the rally may extend to Mid and small caps.
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