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how to make 60 crores in 5 years with 20000 investment |
vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #196 Posted: Wed Jul 13, 2011 9:05 pm Post subject: |
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Chirag
See attached chart. As per your 55 sma theory, if nifty closes above about 5570 tomorrow, it comes in a buy but it is not so as per this 3-34 ema thory of rahul.
I personally feel that nifty has bounced off 38.2% line and it will now go to 5700.......to begin with
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #197 Posted: Thu Jul 14, 2011 9:12 am Post subject: |
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sorry 5520 and not 5570
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vinst Black Belt
Joined: 09 Jan 2007 Posts: 3303
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Post: #198 Posted: Thu Jul 14, 2011 12:38 pm Post subject: |
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NF30 min, 3e still below 34e
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vinst Black Belt
Joined: 09 Jan 2007 Posts: 3303
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Post: #199 Posted: Thu Jul 14, 2011 1:19 pm Post subject: |
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NF 30min
3e>34e at 13:00 bar, level; 5627.
previous short trade was iniitiated at 5650
Last edited by vinst on Fri Jul 15, 2011 10:43 am; edited 1 time in total |
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adsingh101 White Belt
Joined: 09 Nov 2010 Posts: 242
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Post: #200 Posted: Thu Jul 14, 2011 3:02 pm Post subject: |
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sambhaji_t wrote: | PNB-1M READY FOR 3/34 30MIN SETUP
WATCHOUT |
Sambhaji thanks for drawing attention on PNB i made 30 points today in PNB Future.
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rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
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Post: #201 Posted: Thu Jul 14, 2011 6:39 pm Post subject: Recognising stocks with possible trend |
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Dear Rahul,
I have back tested your 3 EMA 34 EMA cross over strategy on EOD basis. It is making wonders with trending stocks and it is capturing even some small moves. The whipsaws are minimal, but the sucess key lies in identifying some stock which have a bright prospectus of trending either up/down.I chartians can help each other in identifying such stocks, other wise if we apply this method on some rangebound stock we may get punished with series of whipsaws.
To start with I found IOC as a possible entry. Reason - It is india's no 1 company in the list of 500 fortune company's of the world. I think there are only a few other companys from India in this list.It is a Leader in OMC's. The Indian govt started deregularisation of oil subsidies , sooner or later it has to be in uptrend. At the time of recent price hike from indian govt it gave a buy signal with 3 ema crossing 34 ema from below .It is still hovering at the same range ,therefore we can long this stock and continue the course with this scrip.
I invite all I chartians to post there findings and views at a regular intervels to help each other.
Especially I request Mr Rahulshrma.
Thanks and regards,
RK
Rahulsharmaat wrote: | Point No 4 is
i follow 3 EMA--34 EMA cross over in 30min TF-- to buy n sell-- Nifty as well as Stock futures.
Point No 5 is--
Its a templete Fxtradepro-- which is a histogram--green candle is buy and red candle is short-- This is just below the chart you watch
10 day Trading\\
Its silver-- note high and low made between 12--1 pm--
Buy above high--Stop loss low-- book in 150 points
Short below low-- Stop loss High-- book in 150 points |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #202 Posted: Thu Jul 14, 2011 8:13 pm Post subject: |
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One of the large cap stocks to watch is SBI. Here are a few midcap/smallcap stocks, which need to be studied
Glenmark, JB Chem & pharma, Petronet, Lakshmi Vilas Bank, SPARC, Neha Intnl, Kavveri Tele, and BEML. Careful of low volumes on some days.
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anantha White Belt
Joined: 18 Feb 2011 Posts: 96
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Post: #203 Posted: Thu Jul 14, 2011 8:33 pm Post subject: |
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in large cap stocks 3/8/34 emas are good one. but in small and low volume stocks 8/34/55 ema for short to long term. its also use in futures.
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #204 Posted: Thu Jul 14, 2011 8:49 pm Post subject: |
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Thanks
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amitsaraf21 White Belt
Joined: 20 Feb 2009 Posts: 76
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Post: #205 Posted: Fri Jul 15, 2011 10:08 am Post subject: Re: Recognising stocks with possible trend |
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rk_a2003 wrote: | Dear Rahul,
I have back tested your 3 EMA 34 EMA cross over strategy on EOD basis. It is making wonders with trending stocks and it is capturing even some small moves. The whipsaws are minimal, but the sucess key lies in identifying some stock which have a bright prospectus of trending either up/down.I chartians can help each other in identifying such stocks, other wise if we apply this method on some rangebound stock we may get punished with series of whipsaws.
To start with I found IOC as a possible entry. Reason - It is india's no 1 company in the list of 500 fortune company's of the world. I think there are only a few other companys from India in this list.It is a Leader in OMC's. The Indian govt started deregularisation of oil subsidies , sooner or later it has to be in uptrend. At the time of recent price hike from indian govt it gave a buy signal with 3 ema crossing 34 ema from below .It is still hovering at the same range ,therefore we can long this stock and continue the course with this scrip.
I invite all I chartians to post there findings and views at a regular intervels to help each other.
Especially I request Mr Rahulshrma.
Thanks and regards,
RK
Rahulsharmaat wrote: | Point No 4 is
i follow 3 EMA--34 EMA cross over in 30min TF-- to buy n sell-- Nifty as well as Stock futures.
Point No 5 is--
Its a templete Fxtradepro-- which is a histogram--green candle is buy and red candle is short-- This is just below the chart you watch
10 day Trading\\
Its silver-- note high and low made between 12--1 pm--
Buy above high--Stop loss low-- book in 150 points
Short below low-- Stop loss High-- book in 150 points |
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How do we know in advance this stock will trend/move in one particular direction.
Dont expect too much from a simple cross over, there are millions out there who trade cross overs.
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vinst Black Belt
Joined: 09 Jan 2007 Posts: 3303
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Post: #206 Posted: Fri Jul 15, 2011 10:40 am Post subject: |
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vinst wrote: | NF 30min
3e>34e at 13:00 bar |
NF 30min
3e < 34e at 10:30 bar, level 5572
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #207 Posted: Fri Jul 15, 2011 12:14 pm Post subject: |
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Vinst, that means it's a buy?
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vinst Black Belt
Joined: 09 Jan 2007 Posts: 3303
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Post: #208 Posted: Fri Jul 15, 2011 12:18 pm Post subject: |
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vinay28 wrote: | Vinst, that means it's a buy? |
NF 30min
3e < 34e at 10:30 bar, level 5572 means 3e is lesser than 34e. it is sell.
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #209 Posted: Fri Jul 15, 2011 12:32 pm Post subject: |
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Now I am confused. I thought previously it became a sell at 5690 when 3 crossed above 34 from below?
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vinst Black Belt
Joined: 09 Jan 2007 Posts: 3303
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Post: #210 Posted: Fri Jul 15, 2011 12:46 pm Post subject: |
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vinay28 wrote: | Now I am confused. I thought previously it became a sell at 5690 when 3 crossed above 34 from below? |
how can something become a sell when short term ema crosses above longer term ema?
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