iCharts Discussions

[pavan29]

[pkholla]

Pavan: I got badly burnt doing futures and options in both single scrip and future!
Luckily I met Umesh1 in this forum who guided me properly as to potential of single scrip cash trades! (His main tip is exit when in profit and re-enter when share corrects)
I try to buy Rs 1 lakh worth shares tho' this is not always strictly applied
Cheers, Prakash Holla

[pkholla]

Tata Motors has strictly followed ICJCP levels!
R3 for today = 528.76
Hi for today 528.75 (so far, also annual hi so far)
I placed selling 400 @ 528.75!!!
Using ICJCP levels like torch to shed light on your share trading is highly lucrative and is highly reco to fellow IC boarders

THREE CHEERS FOR TATA MOTORS,
THREE CHEERS FOR ICHARTS ADMIN,
THREE CHEERS FOR ICHARTS JCHARTS PREMIUM LEVELS

Jai Hind, Prakash Holla

[pkholla]

Jublfoods went up like Divali rocket to 1191!
Bot @ 1144 and selling placed @ 1160 (around bull value prov. by IC)

Low= 1138.8, IC level= 1138.47
Hi (so far)= 1191.15, IC level R4= 1196.59
No issues, one more buy-sell pair in nice profit and sponsoring TODAY's evening dhamaal! Such nicely executed trades add loads of confidence to one's trading
Cheers, Prakash Holla

[pkholla]

Again entered Jublfoods seeing nice correction. This share is inflation proof, Putin proof, China proof, Euro proof, VAT/ GST proof >>> as it depends on rich kids spending money from their dads' pockets. They are rumored to be setting up 250 or 500 new outlets!!! (moneycontrol is always a good source of info)
The market rally even now appears narrow, based on few stocks like Axis Bank, SBIN, Indusind Bank and my gut says exit if in nice profit?
Since y'day I hv been monitoring stocks hitting highs at IC levels and exiting: AxisB, SBIN, TechM, Venkeys, Ktkbank. Now will be looking at re-entry in those stocks?
Cheers, Prakash Holla
Update @ 1140: 1/2 qty, 100 LT sold at 1530. Wait'n'see for remaining 100
Final update: second lot of 100 LT & intraday of JublFood completed. Super Wednesday comes to a close
Thanks again to Umesh1 for sharing a few trading fundas!

[pkholla]

With SEBI turning a Nelson's (blind) eye* to lafda in routine trading, even cos with excellent pedigree like LT, TCS find themselves hammered or taken up to skies without much justification but only based on rumor and gossip!
Today some vague rumor about US bank/ fin sector caused TCS to plunge by 200 pts. Right moment to enter esp if you see the QRTLY RESULTS ending June!!! (The same co was valued above 2700 a few days before today!)
Bot and sold 100 and paid for tomorrow's evening dhamaal!
Sorry to say that ICJCP levels were NOT followed today by TCS but thats OK, I had other trusted indicators like BB, ADX!
Cheers, Prakash Holla

* It seems to ME that, forced by powerful rural politicians, SEBI is focussing all its energy on keeping BeSahara Subroto in Tihar and humiliating him further so that NO ONE will dare to approach rural masses for deposits again, angering the local fat cats like Sha-Poha?

[pkholla]

We can enter liquor companies, ESP. those who are leaders in their region AND have diversified portfolio= country/ IMFL/ Beer! As someone posted in moneycontrol, they will display excellent results with consumption shooting up in chilly winter esp in Punjab, UP, UA, Jhark, Bihar, WB, J&K, HP, Army, etc
I have entered Radico Khaitan, Som Dist., Pincon, Maxvil and contemplating more purchases MORE SO where results are good
In this mood I bot 1000 of Radico @ 102 on Sept 07. Imagine my delight and surprise, when I saw coconut tree graph today ending at 109!
It is nice to see a liquor company sponsoring my today's Friday bash from 1830!
Cheers, Prakash Holla

Update: Yesbk AND Indusindbk mindlessly hammered. Yesbk went below its S5 =1263 down to 1246.95. With excellent results as back up, I bot 100 @ 1280 (s4). My faith justified as the share has recovered to 1298.5 so far, giving a nice intra mooh- meetha!
As always, my trading has yielded seeta (intra) + geeta (posit) = hema (total profit)
Jai hind!

Further update @1530: intra completed of indusind!
intra completed of ktkbank. Its chart is nowadays competing with Malaika Arora's Chaiyya Chaiyya dance on Nilgiri train giving ample opp for both intra AND posit trades!

[pkholla]

Some shares : no need for IC levels, tech indicators, voodoo, black magic, only .... >>>
There are range bound shares which can be safely bought at the lower end of the range and a little patience yields NICE MOOH MEETHA!
Vinay28 has posted a few such shares in (Psalm's and) his thread: Individual stocks ... such as autolitind, manalipet !!! Thanks , Vinay, this must be my 10th profitable pair- trade in autolitind
(Another such share is Venkeys which can safely be bot at the bottom of yearly or six monthly range and then wait for the zoom!
Who can forget Ktkbank, which routinely swings 70-190 or 70-150 even if the results are invariably excellent???)
This round took a few more days than usual but no prob. I bot autolitind 1000@ 63 on 11/7 and just now gave delivery @ 70. Friday bash sponsored by autolitind
3 cheers, Prakash Holla

[pkholla]

Some shares contribute nicely, based on tech charts, IC levels, fundamentals, no of buyers/ sellers. Today I was impressed with Sun TV and Kiri Inds
SunTV: strong fundamentals, strong loyal viewer base among Tamilians, nice ad revenue. Whenever the market artificially hammers this scrip, time to enter and get an intra boost for the pocket: 220b@ 458 >>> 467
Kiri Inds: good base in dyes and chemicals, west coast, strong fundas, buyers > sellers in nos, bot 350@ 299 > selling at 304.9. The share zoomed to 321.75, no regrets, just a nice mooh meetha!!! >>>> worth entering again when it corrects
Cheers, Prakash Holla
UPDATE: Where is my rumaal? Sob! Kiri hi = 328.8 and Suntv hi = 480.9
Update#2: Nice price in Som Distilleries = nice profit = BTSDAT! SDBL are sponsoring this Friday's happy hours
Cheers, Prakash Holla

[pkholla]

GM Breweries is based in Mah. near Bombay. Large mfr of country liquor. Has to rock
During US depression days 1929-1935, they used to say, start food business, as even poor people have to eat. Similarly, in India starting a liquor business makes even a BUFFOON like VJ Malaria a rich man.
GM Breweries has already given nice posit profit, now remains to seen whether it will correct nicely and give even bigger intra profit?
I am holding Pincon (large east based liquor mfr) and MAXVIL (diversified, Delhi) which are in profit but remains to be seen whether another BOOST is left?
Cheers, Prakash Holla
UPDATE @1205: Reliance Inds Ltd has also obeyed IC JCP levels= R4 1090.2, hi 1093. I sold at 1089. Lets see if my very satisfying posit profit can be matched by equally large intra day?
UPDATE #2: Sintex is often hammered by speculators but its business is shock- proof. (Every establishment has a Sintex water tank). Nice posit profit >>> Sintex zoomed past its R5 of 81.61 to 83.4 so very very likely that an afternoon collapse will yield a nice intra?
Seeta (intra) +Geeta (posit) = Hema (profit)
Cheers, Prakash Holla

[kuldeep.panda]

[pkholla]

[pkholla]

I bot TCS 80@2334.8, around 1505, expecting to take delivery NEVER EXPECTING the damned share to shoot up like coconut tree on STEROIDS?
In few minutes the price shot up from 2328.50 to 2374.75!
I got my 2334.8 >>> 2352 with TCS being part sponsor for today evening!

And SEBI says that they have NOT noticed any undue speculative activity in the market?! Still wearing Bombay Marine Drive tonga ghoda like BLINKER. Unko sirf Be- Sahara Subroto nazar aata hai!
Cheers, Prakash Holla

[pkholla]

[pkholla]

I hold 500 RIL and saw that the intra day chart was showing weakness just above 1080= IC JCP Bear level. Sold @ 1081 so that I was already in nice posit profit.
To my delight the share has corrected to around S3 = 1070.92 (lo 1069.05 so far), > I bot back @ 1071.5
Profit (Hema) = Intra (Seeta) + Posit (Geeta)

My happiness ka formula= IC JCP levels + BB6+ MACD6,12,9+ ADX6,6+ RSEX15,6 in 5 min candles.
Cheers, Prakash Holla