iCharts Discussions

[veerappan]

August 2010 monthly trend decider is 5365...above 5365 means it may move to 5396-5427-5486-5520-5592-5666-5740 also possible...and 5365 below it may come down to 5318-5272-5215-5149-5070-4989-4902 also possible...
india gate on upside is 5486 and india gate on down side is 5318....

how to use this?
-----------------------
1. current closing of nf august is 5422... if u want to go long u can but with sl 5365-10 pts that is sl shd be 5355-5354 maxi ..for this month

2. or if it crosses 5486 u can buy with sl 5365

3. if it goes to 5480 that range u can short with sl 5486+10 =5496...give some respect to india gate upside...

4. or if comes to 5376-5378 but with sl 5365-10 pts

5. goes below 5365 ...u can short with sl 5365+10 pts

6. if it comes to 5325 u can buy with sl 5318-10 pts

7. breaks 5318 then go short with sl 5365

according to the market u can utilise the ranges and levels ...how to use ? just c it do it ...take it...loss shd be minimum...so 5365 5486 5318...nearest pts u can take small risk and get maxi profits....on the loosing side u may loose only 15 pts of maxi...and u will get 100 pts of maxi...

monthly shd follow only monthly ranges

bye bye
veeru
chennai boy

[ridinghood]

thnx nd keep posting!

regs

ridinghood

[veerappan]

have u seen the 3rd point in this?
with small risk.....

take care

[sharemuthu]

U R GREAT thanks for giving those levels . i followed it today and gained profit . each smile = 1000 Rs

[Deepak1]

Veera Sir - It is amazing. Can you please explain this technique?
Plz.

[veerappan]

its not able to close above 5486....any two consecutive closes above 5486 this month we may c a number 5740-5891 also possible...and further moving
towards 6200....will it be? let us c....

for tomorrow [10th aug-2010] suppose trades below 5486 u can go short with sl 5496...10 risk ..down side try for maxi [ that means wait for the maximum fall...loosing side only 10 pts so we can take a chance]

suppose trades above 5486 go long with sl 5474-5473...just a risk of 13pts
wait for 40-50 pts upside....

according to me this number 5486.is the trend decider of the market....u can play...very very important number.5486 ..
take care
bye bye
veeru
chennai boy

[swetha141reddy]

veeru sir why 5486 is important what are the base for that can you plz explain sir what are the technicals behind that

[veerappan]

will it be a day of 5289 for this week?? ...let us c

any closing below 5410 weakness will continue....who knows it may be a starting point of blood bath....5486 two consecutive closes ...please remember this number....

bye
veeru
chennai boy

[veerappan]

any one seen the 4 th point of august 2010 nf trend...getting 80-90 pts they can book it if they need...

play with the levels ...small risk...

bye
veeru
chennai boy

[veerappan]

and one more if u r a bear u shd sell around this area of 5475-5480...with sl 5486+ 10= 5496....

today u missed it ? is it?

take care
bye bye
veeru

[ridinghood]

well done veery bhai!

regs

ridinghood

[veerappan]

any one use this 4th point today also?

low so for made 4393.05....

any one?

[veerappan]

try to use the third point today also...suppose goes to 5479-5486 sell with sl? just c it small risk and maxi profits....

veeru
chennai

[veerappan]

one who sold 5479-5486 ranges with sl 5496 and carried boys are having luck or not?
let us c today....

chennai boy
veeru

[krismaha19]

how r u veeru,

is it based on luck ? or technical