| View previous topic :: View next topic |
| Author |
A FUSION TRADING STRATEGY |
rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
|
|
| Back to top |
|
 |
|
|
|
rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
|
Post: #677  Posted: Fri Apr 05, 2013 6:34 am Post subject: |
 |
|
| rk_a2003 wrote: | A possible +Fusion in Reliance. We don’t know yet whether COG happens on Monday or not. Only on the confirmation of COG please take entry.
Symmetry not present, 3rd wave is smaller.... means bearishness is still dominant, but as per my analysis (based on fundamental factors) it may bounce up any time; which is being confirmed by this +Fusion.
Let us see what happens. Chart is self-explanatory.
Identified this fusion from the chart posted by Chandru in the other thread. |
Reliance Industries made some sort of double bottom at point 5.Fresh entries can be taken up if it's trading above opening price and above 760.
SL can be 760 on C.C.Risk reward excellent in this trade.
|
|
| Back to top |
|
|
vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
|
| Post: #678 Posted: Fri Apr 05, 2013 7:51 am Post subject: |
|
|
| RIL SL daily close below 764
|
|
| Back to top |
|
|
rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
|
| Post: #679 Posted: Fri Apr 05, 2013 8:03 am Post subject: |
|
|
| vinay28 wrote: | | RIL SL daily close below 764 |
That's fine.Earlier My SL level was same.There was considerable support at 761.That's why I modified it to 760 C.C
|
|
| Back to top |
|
|
rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
|
| Post: #680 Posted: Fri Apr 05, 2013 10:38 am Post subject: |
|
|
| rk_a2003 wrote: | | rk_a2003 wrote: | A possible +Fusion in Reliance. We don’t know yet whether COG happens on Monday or not. Only on the confirmation of COG please take entry.
Symmetry not present, 3rd wave is smaller.... means bearishness is still dominant, but as per my analysis (based on fundamental factors) it may bounce up any time; which is being confirmed by this +Fusion.
Let us see what happens. Chart is self-explanatory.
Identified this fusion from the chart posted by Chandru in the other thread. |
Reliance Industries made some sort of double bottom at point 5.Fresh entries can be taken up if it's trading above opening price and above 760.
SL can be 760 on C.C.Risk reward excellent in this trade. |
Right now reliance is leading in adding points to index.A lot depends on it to stop the downfall of index atleast for today.
|
|
| Back to top |
|
|
rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
|
| Post: #681 Posted: Mon Apr 22, 2013 12:47 pm Post subject: |
|
|
NTPC Fusion trade ETA is on 22-04-2013, it only reached around 148 today where as EPA is 161 people with patience may wait till weekend for possible higher profits.....I am booking the profit. 
|
|
| Back to top |
|
|
evkgng
White Belt
Joined: 14 Nov 2010
Posts: 45
|
| Post: #682 Posted: Tue Apr 23, 2013 8:37 am Post subject: Fusion trade |
|
|
Mr. Rk_a2003,
Can you pls tell me, is it NMDC is fit for fusion trade?
|
|
| Back to top |
|
|
vishyvaranasi
Green Belt
Joined: 11 Jul 2011
Posts: 1159
|
| Post: #683 Posted: Tue Apr 23, 2013 10:10 am Post subject: Re: Fusion trade |
|
|
| evkgng wrote: | Mr. Rk_a2003,
Can you pls tell me, is it NMDC is fit for fusion trade? |
Hi evkgng,
As far as my knowledge is concerned NMDC doesnt fit into fusion.
Vishy
|
|
| Back to top |
|
|
rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
|
| Post: #684 Posted: Tue Apr 23, 2013 12:48 pm Post subject: Re: Fusion trade |
|
|
| vishyvaranasi wrote: | | evkgng wrote: | Mr. Rk_a2003,
Can you pls tell me, is it NMDC is fit for fusion trade? |
Hi evkgng,
As far as my knowledge is concerned NMDC doesnt fit into fusion.
Vishy |
Yes! Vishy is right It's an ongoing +ww not a Fusion trade.
|
|
| Back to top |
|
|
evkgng
White Belt
Joined: 14 Nov 2010
Posts: 45
|
| Post: #685 Posted: Tue Apr 23, 2013 12:57 pm Post subject: |
|
|
| Thank you Mr Rk and vishy...
|
|
| Back to top |
|
|
jkm10
White Belt
Joined: 09 Jan 2010
Posts: 13
|
|
| Back to top |
|
|
rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
|
| Post: #687 Posted: Fri Apr 26, 2013 10:26 am Post subject: |
|
|
| jkm10 wrote: | hi..,
Hope there is on going fusion in rohit-ferro tech. Can u plz confirm
Regards,
jkm  |
Yes!
|
|
| Back to top |
|
|
vishyvaranasi
Green Belt
Joined: 11 Jul 2011
Posts: 1159
|
| Post: #688 Posted: Wed May 01, 2013 1:58 pm Post subject: jindal steel |
|
|
Hi Rk,
Presenting the chart of Jindal Steel for a Fusion.
Comments invited .
Vishy
| Description: |
|
| Filesize: |
32.48 KB |
| Viewed: |
409 Time(s) |
|
|
|
| Back to top |
|
|
rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
|
| Post: #689 Posted: Wed May 01, 2013 8:31 pm Post subject: |
|
|
| Vishy It's fine.Expect target within 7-9 trading days.
|
|
| Back to top |
|
|
chandrujimrc
Brown Belt
Joined: 21 Apr 2009
Posts: 1683
|
| Post: #690 Posted: Wed May 01, 2013 10:05 pm Post subject: |
|
|
| Is it Jindal or Jsw steel?
|
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
