| View previous topic :: View next topic |
| Author |
Examples (Aug 2010) |
SwingTrader
Site Admin
Joined: 11 Aug 2006
Posts: 2903
Location: Hyderabad, India
|
Post: #61  Posted: Tue Aug 03, 2010 2:15 pm Post subject: |
 |
|
| Kumthekar wrote: | One obeservation : TataMotors-1m levels for yesterday worked better for today.
With those levels as reference,
- Price opened at Bull level & Faced Bull-R1 resistance,
- Went down all the way to S1,
- Retested bear and S1 levels,
- Back to bull level again and
- Resistance at Bear level.
Just a co-incidence?
Regards,
Aniruddha |
 Could be...not sure, never checked. But actually any day's levels are valid sup/res for future, may be that is why it worked.
_________________
Srikanth Kurdukar
@SwingTrader |
|
| Back to top |
|
 |
|
|
|
SwingTrader
Site Admin
Joined: 11 Aug 2006
Posts: 2903
Location: Hyderabad, India
|
| Post: #62 Posted: Tue Aug 03, 2010 2:23 pm Post subject: |
|
|
| dilesh wrote: | ST sir,
Your yesterday's example of DLF, to entering only after consolidation was very good. BHARTIARTL brokeout nicely only after consolidation above R1.
Thanks,
Dilesh |
Yeah..BHARTIARTL today was an excellent example.
_________________
Srikanth Kurdukar
@SwingTrader |
|
| Back to top |
|
|
SwingTrader
Site Admin
Joined: 11 Aug 2006
Posts: 2903
Location: Hyderabad, India
|
| Post: #63 Posted: Tue Aug 03, 2010 2:35 pm Post subject: |
|
|
Still one hour to go and the it is right now, NF can go anywhere....it is just hovering around LOC so either way - to BULL or BEAR - it can go anyway. Can't talk about bias anymore as the EMAs have flattened out. I guess we will just have to wait and watch.
Stocks again were the face savers for the day, caught some solid moves again today.
_________________
Srikanth Kurdukar
@SwingTrader |
|
| Back to top |
|
|
tulsian1107
White Belt
Joined: 03 Jan 2009
Posts: 28
|
| Post: #64 Posted: Tue Aug 03, 2010 5:16 pm Post subject: examples-(Aug-2010)- SwingTrader - 03-Aug-2010 |
|
|
S T SIR
REALLY WOUNDERFULL METHOD OF EDUCATION.THANKS A LOT.NEVER THOUGHT YOU WILL START SUCH A GOOD SYSTEM.PLZ.GIVE FOR ATLEST
TWO TO THREE DAY'S BANK NIFTY -1M CHART SINCE OPENING TO END
PLZ.EDUCATE WHERE FROM REVERSAL WILL START.
THNX.
TULSIYAN |
|
| Back to top |
|
|
SwingTrader
Site Admin
Joined: 11 Aug 2006
Posts: 2903
Location: Hyderabad, India
|
| Post: #65 Posted: Tue Aug 03, 2010 9:38 pm Post subject: Re: examples-(Aug-2010)- SwingTrader - 03-Aug-2010 |
|
|
| tulsian1107 wrote: | S T SIR
REALLY WOUNDERFULL METHOD OF EDUCATION.THANKS A LOT.NEVER THOUGHT YOU WILL START SUCH A GOOD SYSTEM.PLZ.GIVE FOR ATLEST
TWO TO THREE DAY'S BANK NIFTY -1M CHART SINCE OPENING TO END
PLZ.EDUCATE WHERE FROM REVERSAL WILL START.
THNX.
TULSIYAN |
Tulsian Ji,
Namaskar, how are you doing? Thanks for the compliments. Yes, sure, I will post BANKNIFTY-1M chart tomorrow as an example.
_________________
Srikanth Kurdukar
@SwingTrader |
|
| Back to top |
|
|
sambhaji_t
White Belt
Joined: 31 Mar 2008
Posts: 135
|
| Post: #66 Posted: Wed Aug 04, 2010 8:51 am Post subject: |
|
|
S T SIR
BY DEFAULT 3 DAY CHART IS SHOWN, HOW CAN SEE A CHART FOR 1 DAY |
|
| Back to top |
|
|
SwingTrader
Site Admin
Joined: 11 Aug 2006
Posts: 2903
Location: Hyderabad, India
|
| Post: #67 Posted: Wed Aug 04, 2010 9:32 am Post subject: |
|
|
NF & many scrips between BULL & BEAR like yesterday. We will probably have to wait for little while to let the trend get clearer. I would like to see scrips near to one of the two bands. Price being above both 34 & 89 EMAs makes the bias slightly bullish.
_________________
Srikanth Kurdukar
@SwingTrader |
|
| Back to top |
|
|
diwakar
White Belt
Joined: 10 Feb 2010
Posts: 54
|
| Post: #68 Posted: Wed Aug 04, 2010 9:40 am Post subject: ICICI-1M |
|
|
Dear ST,
Icici-1m reversed from Bull-R1.....
Can it test today's low Bear-S1....
Awaiting for your views....
Regards,
Diwakar R |
|
| Back to top |
|
|
SwingTrader
Site Admin
Joined: 11 Aug 2006
Posts: 2903
Location: Hyderabad, India
|
| Post: #69 Posted: Wed Aug 04, 2010 9:41 am Post subject: |
|
|
STOCKS CURRENTLY TRADING ABOVE/NEAR R1:
EDUCOMP, TECHM, PATNI, PETRONET, DIVISLAB, DLF
STOCKS CURRENTLY TRADING BELOW/NEAR S1:
GAIL, HDFCBANK, SAIL, STER, SUZLON, TATASTEEL, TATAMOTORS
*** Above is not a full list
_________________
Srikanth Kurdukar
@SwingTrader |
|
| Back to top |
|
|
SwingTrader
Site Admin
Joined: 11 Aug 2006
Posts: 2903
Location: Hyderabad, India
|
| Post: #70 Posted: Wed Aug 04, 2010 9:46 am Post subject: Re: ICICI-1M |
|
|
| diwakar wrote: | Dear ST,
Icici-1m reversed from Bull-R1.....
Can it test today's low Bear-S1....
Awaiting for your views....
Regards,
Diwakar R |
It does look like it will hit BEAR-S1. If you have to go short, make sure you do it only after it breaks below S1 as it has been quite bullish since few days, so one must be sure it has broken down (for near term) before going short.
_________________
Srikanth Kurdukar
@SwingTrader |
|
| Back to top |
|
|
sinash2003
White Belt
Joined: 06 Jan 2010
Posts: 22
|
| Post: #71 Posted: Wed Aug 04, 2010 9:49 am Post subject: |
|
|
Hi ST Sir,
Tech-m is between R1 and R2 band. What's your view on this? |
|
| Back to top |
|
|
SwingTrader
Site Admin
Joined: 11 Aug 2006
Posts: 2903
Location: Hyderabad, India
|
| Post: #72 Posted: Wed Aug 04, 2010 9:51 am Post subject: |
|
|
Here is BANKNIFTY-1M status as per Tulsian Ji's request:
BNF is still bullish until it breaks down below S1. BNF has been very bullish since few days and is probably just taking a breather (consolidation). So any shorts should be initiated only on a break below S1. Until then if it rallies above the EMAs it is a long candidate. But watchout for resistance at EMAs & LOC....and later BULL-R1 if it reaches there.
_________________
Srikanth Kurdukar
@SwingTrader |
|
| Back to top |
|
|
SwingTrader
Site Admin
Joined: 11 Aug 2006
Posts: 2903
Location: Hyderabad, India
|
| Post: #73 Posted: Wed Aug 04, 2010 9:53 am Post subject: |
|
|
| sinash2003 wrote: | Hi ST Sir,
Tech-m is between R1 and R2 band. What's your view on this? |
It is very clear...it is a buy on any pullback/consolidation with a SL below BULL.
On the other hand, if it breaks below BULL...it will be a short only if it breaks below LOC & 89 EMA (this condition because it is in uptrend according to EMAs).
_________________
Srikanth Kurdukar
@SwingTrader |
|
| Back to top |
|
|
dilesh
White Belt
Joined: 09 Aug 2008
Posts: 73
|
| Post: #74 Posted: Wed Aug 04, 2010 10:09 am Post subject: |
|
|
hi ST sir,
Does AXISBANK look good for a Short position?
Regards,
Dilesh |
|
| Back to top |
|
|
SwingTrader
Site Admin
Joined: 11 Aug 2006
Posts: 2903
Location: Hyderabad, India
|
| Post: #75 Posted: Wed Aug 04, 2010 10:11 am Post subject: |
|
|
NIFTY-1M & BANKNIFTY-1M proceeding to BEAR-S1 levels. How price reacts to these levels will decides the near term future course of the trend.
_________________
Srikanth Kurdukar
@SwingTrader |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
