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A FUSION TRADING STRATEGY |
rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
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Post: #571 Posted: Tue Oct 16, 2012 3:20 pm Post subject: Re: Hi Rk |
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rk_a2003 wrote: | vishyvaranasi wrote: | Hi Rk,
The Trendlines are just a bit diverging,can this be treated as an abberation and move on with the trade . Orelse its a fusion.Thats my only prob.
Vishy |
Yes,You are right.This slight divergence is acceptable in ww.Once ww is accepted then it's fine to call it as fusion.
I shorted it at 217.20 ( Futures).Now it is 215.50, set TSL cost to cost and going away. |
In Ambuja Cements Part profits booked around 210 and carrying rest for next targets.
Last edited by rk_a2003 on Tue Oct 16, 2012 4:51 pm; edited 2 times in total |
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vishyvaranasi Green Belt
Joined: 11 Jul 2011 Posts: 1159
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Post: #572 Posted: Tue Oct 16, 2012 3:28 pm Post subject: |
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Hi Rk,
As u said Dbl low happenning in 60tf og Apollo Tyres
Vishy
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rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
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Post: #573 Posted: Tue Oct 16, 2012 3:51 pm Post subject: |
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vishyvaranasi wrote: | Hi Rk,
As u said Dbl low happenning in 60tf og Apollo Tyres
Vishy |
Vishy,
Also check for +ve div in RSI.It's a double confirmation.
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vishyvaranasi Green Belt
Joined: 11 Jul 2011 Posts: 1159
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Post: #574 Posted: Tue Oct 16, 2012 5:09 pm Post subject: Hi Rk |
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Hi Rk,
Requires one clarification abt the Volume. Does the Volume of the COG candle shld be more than the previous candle or the prior ( say last candle of the trend) shld be more than the previous candle.
Vishy
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rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
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Post: #575 Posted: Tue Oct 16, 2012 6:47 pm Post subject: Re: Hi Rk |
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vishyvaranasi wrote: | Hi Rk,
Requires one clarification abt the Volume. Does the Volume of the COG candle shld be more than the previous candle or the prior ( say last candle of the trend) shld be more than the previous candle.
Vishy |
Vishy,
Either COG candle or prior candle should have relative high volumes. I think I already clarified it.
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vishyvaranasi Green Belt
Joined: 11 Jul 2011 Posts: 1159
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Post: #576 Posted: Wed Oct 17, 2012 6:57 pm Post subject: Hi Rk |
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Hi Rk,
Posting the chart of Bharatforge ONCE AGAIN. We had discussed abt a + Fusion for a tgt of 310 and now a probabble -Fusion around almost the same area.
Vishy
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rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
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Post: #577 Posted: Thu Oct 18, 2012 9:06 pm Post subject: |
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Hi All,
As you knew there was a +ww n SAIL in 60m chart.It appears that there is a + Fusion set up on EOD chart too,provided a COG occurs tomorrow, Not sure Pl.Check.
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vishyvaranasi Green Belt
Joined: 11 Jul 2011 Posts: 1159
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Post: #578 Posted: Fri Oct 19, 2012 10:46 am Post subject: Hi Rk, |
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Hi Rk,
Posting the chart of century textiles-1m for a Fusion.
Vishy
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chetan83 Brown Belt
Joined: 19 Feb 2010 Posts: 2036
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Post: #579 Posted: Fri Oct 19, 2012 12:17 pm Post subject: Re: Hi Rk, |
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vishyvaranasi wrote: | Hi Rk,
Posting the chart of century textiles-1m for a Fusion.
Vishy |
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vishyvaranasi Green Belt
Joined: 11 Jul 2011 Posts: 1159
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Post: #580 Posted: Fri Oct 19, 2012 2:13 pm Post subject: Hi |
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Century Textile update.
Shorted at 404 (after that went to 407.15) with a hrly closing SL of 407.20.Now 395.75 near to its first tgt of 393.
Vishy
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chetan83 Brown Belt
Joined: 19 Feb 2010 Posts: 2036
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Post: #581 Posted: Fri Oct 19, 2012 2:27 pm Post subject: Re: Hi |
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vishyvaranasi wrote: | Century Textile update.
Shorted at 404 (after that went to 407.15) with a hrly closing SL of 407.20.Now 395.75 near to its first tgt of 393.
Vishy |
God bless You Vishy
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vishyvaranasi Green Belt
Joined: 11 Jul 2011 Posts: 1159
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Post: #582 Posted: Fri Oct 19, 2012 2:54 pm Post subject: hi |
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Century Tex uopdate.
Booked hlf at 395 and mofifying SL to Cost.
Vishy
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rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
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Post: #583 Posted: Fri Oct 19, 2012 3:28 pm Post subject: Re: hi |
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vishyvaranasi wrote: | Century Tex uopdate.
Booked hlf at 395 and mofifying SL to Cost.
Vishy |
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vishyvaranasi Green Belt
Joined: 11 Jul 2011 Posts: 1159
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Post: #584 Posted: Thu Oct 25, 2012 4:15 pm Post subject: Re: hi |
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rk_a2003 wrote: | vishyvaranasi wrote: | Century Tex uopdate.
Booked hlf at 395 and mofifying SL to Cost.
Vishy | |
Century Textile update.
Sorry for my late update.wasnt in the market yesterday, so did not post.By the wy closed Century short at 393.
Vishy
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vishyvaranasi Green Belt
Joined: 11 Jul 2011 Posts: 1159
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Post: #585 Posted: Thu Oct 25, 2012 4:17 pm Post subject: |
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Hi RK,
Well, request u to look into the chart of Auropharma. Seems a nice setuop for fusion as the Vol is increasing for the last 3-4 candles.But in FNO the last candle is a red one.So, if at all COG happens can this be treated as a fusion ( bcoz as per cash it seems a fusion whereas as per fno it doesnt look so).Pl. go thru and revert back. Will post u the charts if u require.
Vishy
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