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amitagg
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Joined: 01 Oct 2013
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Post: #91  Posted: Fri Feb 20, 2015 10:57 pm Post subject: |
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| amitagg wrote: | | amitagg wrote: | | amitagg wrote: | | Today only range bound action may be and selling highs and buying lows order of day without need for placing tight stop losses.......if see profit book...... If see loss wait and book at cost later......only intra day!!!! |
Not trading Rahul 7 pm even if 3295 goes today |
As expected selling highs paid off " regularly" ..... No of trades more..... Profit margin each trade less..... 
CMp 3257.....hit 3288 etc a while back only |
Again from 3289 hit 3209 and now 3260....... That was day today...... Players trying to take out all stops for small players since a bigger directional move is around the corner ( so was the recommendation not to take loss on intra day trades and wait and book profit where visible and sell highs and buy lows)
Let's see if tomorrow breaks out of 3170/3190-3300/3330range........ |
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amitagg
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| Post: #92 Posted: Mon Feb 23, 2015 6:52 pm Post subject: |
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| amitagg wrote: | Cmp a while back 3250 March
1) either 5 leg triangle of wave B ended at 3128 today to target 3583/3668 on upside ( where A=C)
This positional buy to be confirmed on move abone 3340-3350 levels on some sustenance.
2) or Island reversal to play on downside
Rohan method has not confirmed a buy still from the sell mode it entered today
Confluence of long tailed candles in 3270-3330 region Feb series meant a down reversal which has played over past 2-3 days
Current sell mode
(One can sell 3250 and 3290 with stop at 3350 positional)
With clear reversal buy in place above 3350 levels to target point 1 target above ( everything is possible in market and 5 legged triangle may become 7 legged etc to further confuse.......)
Closing weekly tomorrow below 3190 March shall tilt towards sell unless Monday and Tuesday next week are both positive.
In this scenario while up target is given as per EW could not identify the downwave projections so logically would keep downside target as 2950 levels |
The sell " mode" turned to sell today below 3190 and played out
( above trade would have given 50+200=250 points for positional players)
Cmp 3070
Watch out for 3025 and 2950/60 ( above post target)............for short reversal trades...... I would watch 3025 more closely
Rahul 7 pm can still give 30 points from 3060 current low to 3030 and hit above support level...... Waiting
It is sell below 3078 sustenaing again despite the fall over the next few days.....( shorts would have strict SL since for me these are lower levels now) |
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amitagg
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Posts: 4559
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| Post: #93 Posted: Wed Feb 25, 2015 8:51 pm Post subject: |
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3027/2977 are supports...... Above 3115 shall target 3177 min
Cmp 3065 |
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amitagg
Black Belt
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Posts: 4559
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| Post: #94 Posted: Wed Feb 25, 2015 9:15 pm Post subject: |
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| amitagg wrote: | 3027/2977 are supports...... Above 3115 shall target 3177 min
Cmp 3065 |
Touched 3030...... How that is make or break level..... If closes above 3060 still cannot sell or keep open short position
Above 3115 is still real to touch 3150/3177/3210.........since this is crude!!!!!!
cmp still 3065 after 3030 touch..... |
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amitagg
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Posts: 4559
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| Post: #95 Posted: Wed Feb 25, 2015 9:29 pm Post subject: |
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| amitagg wrote: | | amitagg wrote: | Cmp a while back 3250 March
1) either 5 leg triangle of wave B ended at 3128 today to target 3583/3668 on upside ( where A=C)
This positional buy to be confirmed on move abone 3340-3350 levels on some sustenance.
2) or Island reversal to play on downside
Rohan method has not confirmed a buy still from the sell mode it entered today
Confluence of long tailed candles in 3270-3330 region Feb series meant a down reversal which has played over past 2-3 days
Current sell mode
(One can sell 3250 and 3290 with stop at 3350 positional)
With clear reversal buy in place above 3350 levels to target point 1 target above ( everything is possible in market and 5 legged triangle may become 7 legged etc to further confuse.......)
Closing weekly tomorrow below 3190 March shall tilt towards sell unless Monday and Tuesday next week are both positive.
In this scenario while up target is given as per EW could not identify the downwave projections so logically would keep downside target as 2950 levels |
The sell " mode" turned to sell today below 3190 and played out
( above trade would have given 50+200=250 points for positional players)
Cmp 3070
Watch out for 3025 and 2950/60 ( above post target)............for short reversal trades...... I would watch 3025 more closely
Rahul 7 pm can still give 30 points from 3060 current low to 3030 and hit above support level...... Waiting
It is sell below 3078 sustenaing again despite the fall over the next few days.....( shorts would have strict SL since for me these are lower levels now) |
3025 level was mentioned few days back. Today a while back hit 3030. It's still important to hold that |
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amitagg
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Posts: 4559
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| Post: #96 Posted: Wed Feb 25, 2015 9:41 pm Post subject: |
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unless 3060 goes on hourly closing and tomorrow today's low goes likewise, DO not remain short........in any case
Chandru / Rahul 'time' trades have played out and no more short trade should be there.
Let gap down happen etc to tell the story tomorrow......
In fact tomorrow if start closing above 3110 it's time to play small longs.......
Watch mode.... |
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amitagg
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Posts: 4559
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| Post: #97 Posted: Wed Feb 25, 2015 9:58 pm Post subject: |
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| amitagg wrote: | unless 3060 goes on hourly closing and tomorrow today's low goes likewise, DO not remain short........in any case
Chandru / Rahul 'time' trades have played out and no more short trade should be there.
Let gap down happen etc to tell the story tomorrow......
In fact tomorrow if start closing above 3110 it's time to play small longs.......
Watch mode.... |
See.... Has risen 40 points since I posted
Now question is to enter long now or wait till tomorrow IF Buy triggered
Cmp 3105... I would have to see charts and comment |
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AMBY
Yellow Belt
Joined: 05 Sep 2014
Posts: 503
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| Post: #98 Posted: Wed Feb 25, 2015 10:02 pm Post subject: |
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CONGRATS,
GOOD ANALYSIS WITHOUT LOOKING AT CHART?
 |
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amitagg
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Posts: 4559
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| Post: #99 Posted: Thu Feb 26, 2015 4:49 pm Post subject: |
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| amitagg wrote: | 3027/2977 are supports...... Above 3115 shall target 3177 min
Cmp 3065 |
yes hit 3175 today.....and not a BULL......seeing pattern.....though channel resistanve cleared yesterday but overhead resistances....and seeing what pattern was done few weeks back.....feeling we shall break down ....and see 3060/2950 levels.......
some customs hike etc in budget may inflate MCX price?
is at best can still rise to 3240 and then fall.......CMP 3127....it can rise 20 points and then fall again......3105 can be touched easily today...... |
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AMBY
Yellow Belt
Joined: 05 Sep 2014
Posts: 503
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| Post: #100 Posted: Thu Feb 26, 2015 4:59 pm Post subject: |
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BANG ON TGT, UPDATE ON TIME.
THANKS,  |
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amitagg
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Posts: 4559
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| Post: #101 Posted: Thu Feb 26, 2015 5:11 pm Post subject: |
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cmp 3125
anyone short can keep 3155 as SL for intra day shorts at 3125/3135...preferably 3159.....
resting at Rohan support......likely sideways to up for 2-3 more hours....
up mentioned since this resting behaviour pulls it up intra day.......
note that gap filled and which for me suggests bearishness.....to target 3096/3106......
up would remain so long as 3118 held......
sideways only without 20 point rise shall mean a pause before down-resumption.
IF prices below 3125.....no long should be there for any purpose whatsoever......and let the intra rise come without us participating....
again as mentioned on some other day.....3140-3150 can be sold.....intra day....ie sell the highs....with stop at 3175......
long if happens can only happen tomorrow if closing is good. |
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AMBY
Yellow Belt
Joined: 05 Sep 2014
Posts: 503
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| Post: #102 Posted: Thu Feb 26, 2015 6:13 pm Post subject: |
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I AM WAITING FOR CRUDE TO GO UP FOR SHORT @3150 WITH SL 3177.
THANKS FOR FRESH INPUT TO TAKE SHORT POSITION. |
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amitagg
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Joined: 01 Oct 2013
Posts: 4559
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| Post: #103 Posted: Thu Feb 26, 2015 6:32 pm Post subject: |
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| amitagg wrote: | cmp 3125
anyone short can keep 3155 as SL for intra day shorts at 3125/3135...preferably 3159.....
resting at Rohan support......likely sideways to up for 2-3 more hours....
up mentioned since this resting behaviour pulls it up intra day.......
note that gap filled and which for me suggests bearishness.....to target 3096/3106......
up would remain so long as 3118 held......
sideways only without 20 point rise shall mean a pause before down-resumption.
IF prices below 3125.....no long should be there for any purpose whatsoever......and let the intra rise come without us participating....
again as mentioned on some other day.....3140-3150 can be sold.....intra day....ie sell the highs....with stop at 3175......
long if happens can only happen tomorrow if closing is good. |
3100 hit |
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amitagg
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Posts: 4559
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| Post: #104 Posted: Thu Feb 26, 2015 7:12 pm Post subject: |
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| i think Rahul shall also trigger today below 3100 and give a profit....bearish below 3094.......7 pm low 3100. |
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #105 Posted: Thu Feb 26, 2015 8:31 pm Post subject: |
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| amitagg wrote: | | i think Rahul shall also trigger today below 3100 and give a profit....bearish below 3094.......7 pm low 3100. |
I had squared Rahul at cost in Nick of time before it hit 22 point stop as posted before in that thread.
Also my sell bid at 3125 and 3135 did not trigger.... And since as posted that it was bearish still.......x wave above could not sustain and we are back to 3100 cmp
Below 3080 it should target 3030/3000/2950
Have not taken REENTRY short though and no open positions till Rohan gives " trend" signal |
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