iCharts Discussions

[pkholla]

venkeys: nice nest egg (south: koli mottay)
Venkeys is a crazy share but this share also seems to obey IC premium levels!
Venkeys ZOOMED from open 490 thru low 488, all the way to CMP of 567!!!

I exited early but even then got 75% of this month's profit target in THIS ONE TRANS.

Why I am posting here is that R5 given in premium chart is 565.85
ANOTHER WINNER THANKS TO IC ADMIN

Three cheers to IC and Venkeys, Prakash Holla

[pkholla]

Friends: In the current year I have made 50 trades and ONLY ONE has been loss (Rs Eighteen) due to part sale of ktkbank at profit BUT below PP of 1st lot (I bot 1000 each at 136, 131, 129, sold 10 at 135 = book loss)

In the previous year I made 250 trades of which only 5 were loss making

I cannot separate them as based on IC level or NOT as I do not maintain any such stats. I use IC level +ADX + MACD +RSEX + Volume
IC premium levels are to be used like flashlight illuminating the ground you are walking on, not as street light giving support!
If used ALONG WITH other trusted indicators like ADX, MACD, RSEX etc then chances of your having HIGHLY profitable trade are very bright
Sabko mera pranam, Prakash Holla

[pkholla]

Total also Venkeys has respected IC Premium Chart Levels:

Hi so far = 611.95 , then sideways
R5 given by IC = 609.42

[umesh1]

[pkholla]

Umesh: I must thank you for helping me from the beginning with tips and encouragement. I must also thank other senior members of IC like Just Trade, Psalm, rrk, Vinay, and many others who selflessly have helped others in our Forum! I must thank IC for excellent levels and charts which many times enable us to recover annual fees in just one day's intra trading!
These are the main reasons for my batting average of 50 hits to the fence (profit) to one wicket (loss)
Sabko mera pranam, Prakash Holla

[pkholla]

Thanks to Vinay for hot tip about Rajan's intentions
And thanks to IC for yet another set of excellent JCP levels
Today's relevant SBIN levels are 276.21 (SBI low 276.4) and 284.59 (SBI hi 284.9 so far)
I was able to buy 400@ at 277 and sell at 283 within 6-7 minutes for another nice contribution to Friday evening dhamaal!
Cheers, Prakash Holla

[pkholla]

Yet another winner from IC JCharts Premium levels!
Kotak shot up to IC level 707.63 (current hi 708.1, and sideways) and another nice contribution for Friday evening hungama

Cheers, Prakash Holla

[pkholla]

ITC is bullish today but still obeys IC Premium levels
Level 325.15 , local hi 326.25 @ 1039, then sideways/ down
Level 329.60, local hi 330.25 @ 1224, then sideways/ ?

Thanks to IC levels, another solid contribution to my pocket for liquid weekend!
Cheers, Prakash Holla

Update @ 1422: ITC stuck around Rs 330 (IC R4 level), trading in very narrow range from 1220 till now, volumes poor
Reminds me of Rajesh Khanna song: Ye bhai, jara dekhke chalo, agey bhi nahi, peeche bhi nahi, daya bhi nahi, baya bhi nahi, yeh bhai!

[channasri]

Dear Prakash,

You are doing a fabulous thing with this thread. Keep rocking!

Best regards,
Channasri

[pkholla]

Dear Channasri,
A sincere compliment is always heart warming. I am happy to see your systematic approach to investing as shown in your "SAR" posts. This is the time proven road to success
Prakash Holla

[pkholla]

This post is not about ICharts Premium levels but about the IC experience.
It is great to combine tips and leads from different IC members and benefit YOUR pocket!

For eg: member Umesh1 has always emphasized on booking profits and re-entering at lower levels, keep your rokda rolling
For eg: members Chetan and Sumesh are posting some great WWs
For eg: member Vinay28 has posted some super buys

Combo benefits:
20/8 Delta Intra +3000
21/8 Delta Intra +3000
24/8 GDL Intra + 700
25/8 GDL Intra + 300
25/8 Idea Posit +900

Manalipet +15700 from 4 trades
Autolitind +11700 from 4 trades

The profit bandwagon just rolls on even in this "horrible" environment of shaken confidence due to Chinese pothole!

I sincerely hope that other members stick to basics and you can make money especially from sharp reversal from "Chinese pothole"

May I remind members of the dark days of 1991 when Harshad Mehta was arrested, OR of the dark days of 2008(?) when Europe crashed etc. People were afraid that the stock market had died. The maximum money could have been made in reversals from these lows!
Cheers, Prakash Holla

[pkholla]

Jai bajrangbali!

1)LT has triple bottoms of 1605.2 (IC level 1604.31) and 1609/ 1608.85 (ic level 1609.56) and has just trig my sell of 1626.5 (ic level 1626.54), on its way to ic level of 1631.79! (latest hi 1630 and sideways)
2) With Ktkbank joining in, my trading is over before 1130 AM!

Every day a lottery- winner with IC JCP levels
Cheers, Prakash Holla

UPDATE AT 1510: The importance of following Umesh1's golden rule = "book your profits" can be seen in LT intra today! After a bullrun with high at 1630, LT has so far crashed to 1600 and may go even further down.
Temporary stops were made near IC levels, : 1615, 1605, 1599 !!!!!

[pkholla]

Al Brooks: Always have at least 2 good reasons to enter a trade!
Reason #1 : Vinay28 tip of NMDC in stocks thread (posit)
Reason #2 : NMDC seems to be respecting IC PC levels!

2nd day in succession buy 99 = sell higher
lo so far 98.05 (IC level 97.9)
today NMDC has reached IC Bull level of 101.12 (hi so far 101.3)

Every day a lottery winner! Prakash Holla

[pkholla]

Bank ho ya Telecom ya TV channel, all follow IC levels
Bot BhartiAirtel as it looks good from technical angle, good fundamentals, exciting new product in 4G, + has NOTHING to do with China golmaal!
Sold for Rs 4 profit at level of 344.50 (IC 344.48 ) and share moved sideways from here, now again moving up sl. but no regrets! T20 over within 1 hour time frame
Prakash Holla

Update: By 1430 my gang of
IC level+ BB+ ADX+ MACD+ RSEX + volume
had yielded nice Intra Income in Hexaware +ITC +Polaris +Zeel +PNB +SBIN +BhrtArtl and paid for "Scotch on Friday"!
My decision to book profits was vindicated by market weakening and moving South after that!

Taruj: Thanks for encouragement!

[taruj]