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GANN levels for the day |
Rahulsharmaat
Black Belt
Joined: 04 Nov 2009
Posts: 2766
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Post: #316  Posted: Mon Jan 02, 2012 12:27 pm Post subject: |
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umesh
trade with 4 lots thats fine--
book 2 at 1st target thats fine
TSL 2 at cost--- 80% in last 1 month-- this cost TSL hit-- n then target 2 nd made---
what to do in that case -- n then we should not discuss 2nd target hitting in such case
u know that i have traded each n ever call---
I TSL at cost when Nifty hits 2nd target or atleast nears that target |
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sonila
Brown Belt
Joined: 04 Jun 2009
Posts: 1786
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| Post: #317 Posted: Mon Jan 02, 2012 12:38 pm Post subject: |
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UMESH,
One point where i m having confusion......
(probable reversal is 3rd tgt where tgt becomes 2nd tgt and sl is 10 points,)
This point i m not clear. If possible, plz explain with an example, if ur time permits.
Thanx Umesh. |
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umesh1
Brown Belt
Joined: 24 Nov 2008
Posts: 1974
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| Post: #318 Posted: Mon Jan 02, 2012 12:39 pm Post subject: |
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| Rahulsharmaat wrote: | umesh
trade with 4 lots thats fine--
book 2 at 1st target thats fine
TSL 2 at cost--- 80% in last 1 month-- this cost TSL hit-- n then target 2 nd made---
what to do in that case -- n then we should not discuss 2nd target hitting in such case
u know that i have traded each n ever call---
I TSL at cost when Nifty hits 2nd target or atleast nears that target |
Dear Rahul
I am sorry as imentioned earlier also i dont trade at every trade mean just if it touches the level is not my entry point,yes for biiking pft and sl i dont hesitate a bit .
Regards
Umesh |
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pinto1
White Belt
Joined: 11 Oct 2011
Posts: 55
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| Post: #319 Posted: Mon Jan 02, 2012 12:40 pm Post subject: |
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| umesh1 wrote: | | sonila wrote: | pinto1,
What umesh does is like this....
Suppose u have longed 2 lots @ 4641 @ 9.27
Now book 1st lot @ 9.31 @ 4655
For 2nd lot keep SL as 4641 which triggered @ 9.52
Again shorted 2 lots @ 4624 @ 10.05
Booked 1st lot @ 4609 @ 11.48
For 2nd lot SL is now 4624
LIKE THIS
UMESH....am i correct??? |
Yes Sonila
you have rightly mentioned,sorry as i couldnt be prompt in replying
The strategy is to wrk with 4 lots ,2 lots 1st tgt trail balance 2lots to cost price and also book 1 each at 2nd and 3rd tgt,probable reversal is 3rd tgt where tgt becomes 2nd tgt and sl is 10 points,hope i am clear in short,any comments/queries are welcome
Umesh |
Thank you Sonila and Umesh.
So, the second target is the SL after 3 tgt is achieved?
Did i get it right? |
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umesh1
Brown Belt
Joined: 24 Nov 2008
Posts: 1974
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| Post: #320 Posted: Mon Jan 02, 2012 12:41 pm Post subject: |
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| sonila wrote: | UMESH,
One point where i m having confusion......
(probable reversal is 3rd tgt where tgt becomes 2nd tgt and sl is 10 points,)
This point i m not clear. If possible, plz explain with an example, if ur time permits.
Thanx Umesh. |
Sonila
pls later i shall come to ur answer
Umesh |
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Nilay
White Belt
Joined: 04 Jul 2011
Posts: 52
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| Post: #321 Posted: Mon Jan 02, 2012 1:29 pm Post subject: |
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| umesh1 wrote: | | Rahulsharmaat wrote: | umesh
trade with 4 lots thats fine--
book 2 at 1st target thats fine
TSL 2 at cost--- 80% in last 1 month-- this cost TSL hit-- n then target 2 nd made---
what to do in that case -- n then we should not discuss 2nd target hitting in such case
u know that i have traded each n ever call---
I TSL at cost when Nifty hits 2nd target or atleast nears that target |
Dear Rahul
I am sorry as imentioned earlier also i dont trade at every trade mean just if it touches the level is not my entry point,yes for biiking pft and sl i dont hesitate a bit .
Regards
Umesh |
Hi umesh1 then will u please clarify on how you trade on these levels whenever you get time.
It wll be very helpful for us.
Thanks nilay |
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umesh1
Brown Belt
Joined: 24 Nov 2008
Posts: 1974
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| Post: #322 Posted: Mon Jan 02, 2012 1:31 pm Post subject: |
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Hi Friends
Morning 4 lots buy 2 lots 1st tgt,remaing 2 exit at cost
short entry 4 lots two lots 1st tgt then 1 lot 2nd tgt remaing 4th lot tsl of 1st tgt as couldnt get 3 rd tgt so 1st tgt becomes tsl,just as costprice becomes tsl after 1st tgt ,after 2nd tgt hits 1st tgt becomes TSl for the last,Hope i m clear.
About cost of trade for nifty varies from brokers 3 points is high cost ,u can negotiate depends on ur volume
Regards
Umesh |
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umesh1
Brown Belt
Joined: 24 Nov 2008
Posts: 1974
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| Post: #323 Posted: Mon Jan 02, 2012 3:49 pm Post subject: |
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| umesh1 wrote: | Hi Friends
Morning 4 lots buy 2 lots 1st tgt,remaing 2 exit at cost
short entry 4 lots two lots 1st tgt then 1 lot 2nd tgt remaing 4th lot tsl of 1st tgt as couldnt get 3 rd tgt so 1st tgt becomes tsl,just as costprice becomes tsl after 1st tgt ,after 2nd tgt hits 1st tgt becomes TSl for the last,Hope i m clear.
About cost of trade for nifty varies from brokers 3 points is high cost ,u can negotiate depends on ur volume
Regards
Umesh |
Final buy trigged was sqrd at 10 points due to time at days close 4 lots.
Cheers |
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rajurai
White Belt
Joined: 19 Feb 2009
Posts: 59
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| Post: #324 Posted: Tue Jan 03, 2012 9:10 am Post subject: gann lvls |
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| sell blw 4693 buy abv 4710 |
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Pradeep247
White Belt
Joined: 19 Jan 2009
Posts: 24
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| Post: #325 Posted: Tue Jan 03, 2012 9:24 am Post subject: |
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hi rajurai,
yesterday, I missed your level |
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Pradeep247
White Belt
Joined: 19 Jan 2009
Posts: 24
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| Post: #326 Posted: Tue Jan 03, 2012 9:34 am Post subject: |
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Hi rajurai,
what is the stop loss and targets levels? |
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Pradeep247
White Belt
Joined: 19 Jan 2009
Posts: 24
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| Post: #327 Posted: Tue Jan 03, 2012 9:58 am Post subject: |
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Dear Umesh,
Today atp and levels please. |
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rajurai
White Belt
Joined: 19 Feb 2009
Posts: 59
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| Post: #328 Posted: Tue Jan 03, 2012 9:58 am Post subject: gann lvls |
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| nifty 4730 1st tgt hit book 50% rest tsl now cost |
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rajurai
White Belt
Joined: 19 Feb 2009
Posts: 59
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| Post: #329 Posted: Tue Jan 03, 2012 10:34 am Post subject: gann lvls |
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| nifty 4739 now gain 29 point book 25% more rest hold wth tsl 4720 |
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rajurai
White Belt
Joined: 19 Feb 2009
Posts: 59
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| Post: #330 Posted: Tue Jan 03, 2012 11:11 am Post subject: gann lvls |
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| nifty gann lvls 2nd tgt hit |
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