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A FUSION TRADING STRATEGY |
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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Post: #61  Posted: Fri Nov 18, 2011 11:18 am Post subject: |
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| pl check LT again including +ve div
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #62 Posted: Fri Nov 18, 2011 11:49 am Post subject: |
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No Luck . Sorry.
| vinay28 wrote: | | pl check LT again including +ve div |
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #63 Posted: Fri Nov 18, 2011 3:15 pm Post subject: |
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| It is almost confirmed that SAIL is going to close with a green Candle.
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rk_a2003
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Joined: 21 Jan 2010
Posts: 2734
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| Post: #64 Posted: Fri Nov 18, 2011 3:45 pm Post subject: |
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At 3.15 P.M SAIL Equity is available at around 91.25(97.50)
Futures available at around 91.50 (94.15)
At the closing they are at the price mentioned inthe Parenthesis.Good appreciation with in the 15 minutes .Is n't it?.
Those who tracked it throughout the day can very well enter around 89 in the Equity and around 89.25 in the Futures. 
I am not sure if any one took advantage of it.( for sure I knew one who took the entry at 89.25 in the Futures )
If any one is there..... ALL THE BEST FOR THEM.
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #65 Posted: Fri Nov 18, 2011 7:25 pm Post subject: |
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Hi! All
Today we got another valid Fusion formation and valid entry in SAIL. Fortunately Today I was in front of my system for the whole day and was able to take entry at right point of time which can give us an edge in this Strategy.
SAIL opened at 88.95 well below yesterday’s close 90.45. Thorough out the day it moved in a range (you may observe this in the intraday chart attached.).It’s not breaking down from lower range even when Nifty visited day’s low. After observing this I thought that it’s getting good support at lower range and may break upside if it gets a little support from Nifty.
It turned out right and during the finishing half an hour or so Nifty started moving up and SAIL broke out from upper range of 90 and later after few minutes moved up so vehemently ( may be because of short covering) and visited a high of 100.6 but closed at 97.5 ( Adjusted official closing showing a close of 94.30).
As I am continuously Monitoring SAIL I was able to take an entry in futures at 90.25 after getting convinced that it is going to close with green candle for the day .( posted same assessment in the thread immediately ).
And then the spectacular show kicked of .With every small rise in nifty Sail started jumping up with huge trading volumes and touched a high of 100.6 .Now I was completely convinced with the Theory. It was a strategy conceived with theoretical logic till today (which has shown a good result in back testing). Today I again witnessed its real potential in the trading field. Good……Very good indeed.
By the way guess…. Which is the highest % gainer in the NIFTY today?! It’s none other than SAIL. We are able to figure it out with the help of our theory well in advance. (Every time it may not happen so. )
This Strategy has given us entry well before the crowd thus providing us an extraordinary edge.
Posting EOD as well as Intraday chart.
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sonila
Brown Belt
Joined: 04 Jun 2009
Posts: 1786
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| Post: #66 Posted: Fri Nov 18, 2011 7:40 pm Post subject: |
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| RK, very nice set-up u had given for sail.I think T1 will be 116 and that can be achvd by 10 trading days. Ur comment plz.
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #67 Posted: Fri Nov 18, 2011 7:51 pm Post subject: |
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| sonila wrote: | | RK, very nice set-up u had given for sail.I think T1 will be 116 and that can be achvd by 10 trading days. Ur comment plz. |
Sonila
My first target will be 106 and later.... let us see..... the reason ...reposting my earlier post which was posted in the morning.
"Market is going down ferociously. Taking long positions could be a real risk. Even if our strategy clicks better to book quick profits and run away without waiting for Targets. Be a Guerilla Warrior. Hit and Run… Never stationed."
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sonila
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Joined: 04 Jun 2009
Posts: 1786
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| Post: #68 Posted: Fri Nov 18, 2011 8:00 pm Post subject: |
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| RK, ok. i will book 50% @ 106. I had taken 100 @ 92.00
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rk_a2003
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Joined: 21 Jan 2010
Posts: 2734
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| Post: #69 Posted: Fri Nov 18, 2011 8:24 pm Post subject: |
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| sonila wrote: | | RK, ok. i will book 50% @ 106. I had taken 100 @ 92.00 |
I am happy to know that I got a company of a friend in SAIL to sail with
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sonila
Brown Belt
Joined: 04 Jun 2009
Posts: 1786
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| Post: #70 Posted: Sat Nov 19, 2011 10:45 am Post subject: |
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| Rk, apart from nifty 50 stocks, which other type of stocks, we should look for the fusion set up, where chances of manipulation will be less.
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #71 Posted: Sat Nov 19, 2011 11:00 am Post subject: |
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| sonila wrote: | | Rk, apart from nifty 50 stocks, which other type of stocks, we should look for the fusion set up, where chances of manipulation will be less. |
Sonila
Manipulation will be everywhere. It could be brutal in penny stocks/stocks with low market capitalization/low float. In fact Nifty stocks will have high M.C with reasonable float and hard to manipulate.
Any share with reasonable capitalization and good float is suitable to trade not only with this strategy …with any other strategy/method. Typically Nifty and Midcap shares qualify for this.
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #72 Posted: Sat Nov 19, 2011 1:04 pm Post subject: |
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| RK, is the SL still 88 or the lower TL. Also target is given by line 1-4 or 2-4?
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chandrujimrc
Brown Belt
Joined: 21 Apr 2009
Posts: 1683
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| Post: #73 Posted: Sat Nov 19, 2011 1:41 pm Post subject: |
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Dear rk,
Is it ok?
chandru.
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #74 Posted: Sat Nov 19, 2011 4:43 pm Post subject: |
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| vinay28 wrote: | | RK, is the SL still 88 or the lower TL. Also target is given by line 1-4 or 2-4? |
Vinay
Still SL is 88.Since the reversal candle itself is too long .For new entrants SL is a little high. In the given Market conditions it could be risky too. For those who are able to enter at a reasonable level on the day of reversal, SL can be revised to cost to cost; If they don't want to take any risk otherwise SL preferably is at 88.
In this Strategy 1st target can be Middle B.B, 2nd UTL and 3rd and Final is at Target Line / ETA whichever comes first.
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #75 Posted: Sat Nov 19, 2011 4:57 pm Post subject: |
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| chandrujimrc wrote: | Dear rk,
Is it ok?
chandru. |
Chandru!
It is fine. Entry should be taken after the confirmation of the reversal bullish candle Try to take entry on the same day of reversal candle formation which can give you a fantastic edge.But it needs continuous monitoring .
In the given Market conditions SL should be strictly adhered and once you are in a profitable position don't let that turn in to a losing trade.Reasonable TSL may be adapted.
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