iCharts Discussions :: View topic - A FUSION TRADING STRATEGY

iCharts Discussions

FAQ

Memberlist

Usergroups

Profile

A FUSION TRADING STRATEGY
Goto page Previous 1, 2, 3 ... 47, 48, 49 ... 54, 55, 56 Next

iCharts Discussions Forum Index -> Strategies

View previous topic :: View next topic

Author

A FUSION TRADING STRATEGY

rk_a2003
Black Belt

Joined: 21 Jan 2010
Posts: 2734

Post: #706

Posted: Thu May 23, 2013 8:17 pm Post subject:

rk_a2003 wrote:

The +Fusion is still going on in Reliance and Fusion traders were long in this counter from 780 levels. This position experienced roller coaster ride.... fortunately without triggering SL.

Now look at the –ww marked with red lines. In line chart it already formed point 5 with overshoot due. Better to book part profits around 860 levels and close the position altogether in case it closes below 832 (C.C) later one may try to reenter the position at an opportune time.

The -ww with in +ww almost hit the target( possibly it may reach perfectly by tomorrow).Thanks to it for the early warning.

Mind it the +Fusion is still on with ETA in 2nd week of June.One may consider reentry at the onset of bullish candle preferably on the same day provided it hasn't breached the SL 760 on C.C

Reliance_EOD2.png

Description:

Filesize:

163.58 KB

Viewed:

365 Time(s)

vinay28
Black Belt

Joined: 24 Dec 2010
Posts: 11748

Post: #707 Posted: Thu May 23, 2013 8:34 pm Post subject:

rk, you are expecting it to bounce from 2-4 line of +ww? that's why 760 is SL?

rk_a2003
Black Belt

Joined: 21 Jan 2010
Posts: 2734

Post: #708

Posted: Thu May 23, 2013 8:57 pm Post subject:

vinay28 wrote:

rk, you are expecting it to bounce from 2-4 line of +ww? that's why 760 is SL?

I am not expecting anything in particular Vinay.760 is original SL of Fusion Trade. I exited the whole position as per TSL of my preference.

Now, looking for reentry opportunity. Yes, possibility of bouncing up from UTL always does exist.

vinay28
Black Belt

Joined: 24 Dec 2010
Posts: 11748

Post: #709

Posted: Thu May 23, 2013 9:36 pm Post subject:

rk_a2003 wrote:

vinay28 wrote:

rk, you are expecting it to bounce from 2-4 line of +ww? that's why 760 is SL?

If 760 is broken convincingly, 675 is possible though I doubt that will happen

vinay28
Black Belt

Joined: 24 Dec 2010
Posts: 11748

Post: #710

Posted: Sun May 26, 2013 3:57 pm Post subject:

vinay28 wrote:

rk_a2003 wrote:

vinay28 wrote:

rk, you are expecting it to bounce from 2-4 line of +ww? that's why 760 is SL?

If 760 is broken convincingly, 675 is possible though I doubt that will happen

It may go above 802 on Monday and become a buy.

vinay28
Black Belt

Joined: 24 Dec 2010
Posts: 11748

Post: #711

Posted: Mon May 27, 2013 9:20 am Post subject:

vinay28 wrote:

It may go above 802 on Monday and become a buy.

RIL open at 802.75. Smile

apka
Black Belt

Joined: 13 Dec 2011
Posts: 6137

Post: #712

Posted: Mon May 27, 2013 9:29 am Post subject:

vinay28 wrote:

It may go above 802 on Monday and become a buy.

RIL open at 802.75. Smile

why it's opened so high 15 point plus...

vinay28
Black Belt

Joined: 24 Dec 2010
Posts: 11748

Post: #713

Posted: Mon May 27, 2013 9:42 am Post subject:

apka wrote:

vinay28 wrote:

It may go above 802 on Monday and become a buy.

RIL open at 802.75. Smile

why it's opened so high 15 point plus...

because I predicted so!

they struck it big in KG6 on Friday

evkgng
White Belt

Joined: 14 Nov 2010
Posts: 45

Post: #714 Posted: Tue May 28, 2013 10:08 pm Post subject: MOIL

MOIL looks like fit for "FUSION TRADE" seniors, pls share your views. reg, evkgng.....,

jpr999
White Belt

Joined: 19 May 2013
Posts: 6

Post: #715

Posted: Tue Jun 04, 2013 9:31 pm Post subject: fusion strategy in JINDAL STEEL

dear all
Is fusion technique can be applied on JINDAL STEEL FUT. Except volume on GREEN candle every rule is met i think. correct me if i am wrong.
jpr999

jindal steel eod 04 06 2013.jpg

Description:

Filesize:

277.96 KB

Viewed:

325 Time(s)

rk_a2003
Black Belt

Joined: 21 Jan 2010
Posts: 2734

Post: #716

Posted: Wed Jun 05, 2013 7:41 am Post subject: Re: fusion strategy in JINDAL STEEL

jpr999 wrote:

dear all
Is fusion technique can be applied on JINDAL STEEL FUT. Except volume on GREEN candle every rule is met i think. correct me if i am wrong.
jpr999

Apart from volumes the ww structure is also not so convincing.

vishyvaranasi
Green Belt

Joined: 11 Jul 2011
Posts: 1159

Post: #717

Posted: Sat Jun 29, 2013 11:29 am Post subject:

Hi,

Posting the chart of JSW Steel for a Fusion.

Vishy

JSW Steel-Daily.png

Description:

JSW Steel-Daily

Filesize:

24.27 KB

Viewed:

319 Time(s)

chandrujimrc
Brown Belt

Joined: 21 Apr 2009
Posts: 1683

Post: #718

Posted: Sat Jun 29, 2013 9:04 pm Post subject:

Dear rk,Tatamotors EOD ,is it ok for fusion?

jcharts(79).png

Description:

Filesize:

12.99 KB

Viewed:

311 Time(s)

rk_a2003
Black Belt

Joined: 21 Jan 2010
Posts: 2734

Post: #719

Posted: Sun Jun 30, 2013 6:54 am Post subject:

chandrujimrc wrote:

Dear rk,Tatamotors EOD ,is it ok for fusion?

Hi Chandru,

Tatamotors as a Fusion is fine.The ETA is around July 10th and EPA is around 315.

The only concern is SL at 263 (CMP:281). Not a very best risk reward. Still one can trade it.It's better to take a position in case price comes near SL; thus increasing R.R.

Tatamotors_EOD.png

Description:

Filesize:

139.92 KB

Viewed:

324 Time(s)

chandrujimrc
Brown Belt

Joined: 21 Apr 2009
Posts: 1683

Post: #720 Posted: Sun Jun 30, 2013 11:03 am Post subject:

Thank you rk.

Display posts from previous:

	iCharts Discussions Forum Index -> Strategies	All times are GMT + 5.5 Hours Goto page Previous 1, 2, 3 ... 47, 48, 49 ... 54, 55, 56 Next
Page 48 of 56

Jump to:

You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
You can attach files in this forum
You can download files in this forum

@	MEMBER OF PROJECT HONEY POT Spam Harvester Protection Network provided by Unspam