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p_wangdu
White Belt
Joined: 30 Apr 2012
Posts: 126
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Post: #31  Posted: Sat Apr 13, 2013 3:03 pm Post subject: |
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| sherbaaz wrote: | nifty future eod chart. seems like abc correction is over. price'ld trade above 5673.90 for first confirmation.
regds |
200sma around that level too / as per spot chart 5651ns important ... thanks sherbaaz for the chart 
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sherbaaz
Yellow Belt
Joined: 27 May 2009
Posts: 543
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| Post: #32 Posted: Tue Apr 16, 2013 7:21 pm Post subject: |
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| sherbaaz wrote: | nifty future eod chart. seems like abc correction is over. price'ld trade above 5673.90 for first confirmation.
regds |
it looks like we have completed w.c and correction is over in nifty future eod.
price, pattern, time and momentum all are aligned.
low was on 10th of april - projected time was between 10-12 april.
low was 5480.30 - projected low was between - 5478.49-5440.25
momentum - weekly over sold and daily bullish crossover on 12-04-2013
1Bar high entry @ 5563 sl @ 5480.30. half booking must be @ 5735.20.
attached is the chart.
regds,
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saumya12
Brown Belt
Joined: 21 Dec 2011
Posts: 1509
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| Post: #33 Posted: Tue Apr 16, 2013 11:23 pm Post subject: |
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Thanks Sherbaaz
Nice explanation and charts
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sherbaaz
Yellow Belt
Joined: 27 May 2009
Posts: 543
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| Post: #34 Posted: Thu Apr 18, 2013 12:59 pm Post subject: |
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| sherbaaz wrote: | | sherbaaz wrote: | nifty future eod chart. seems like abc correction is over. price'ld trade above 5673.90 for first confirmation.
regds |
it looks like we have completed w.c and correction is over in nifty future eod.
price, pattern, time and momentum all are aligned.
low was on 10th of april - projected time was between 10-12 april.
low was 5480.30 - projected low was between - 5478.49-5440.25
momentum - weekly over sold and daily bullish crossover on 12-04-2013
1Bar high entry @ 5563 sl @ 5480.30. half booking must be @ 5735.20.
attached is the chart.
regds, |
booked half position @ 5735.20.
profit points 172.20 points per lot.
holding half long position with same sl @ 5480.30.
regds,
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pkholla
Black Belt
Joined: 04 Nov 2010
Posts: 2890
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| Post: #35 Posted: Thu Apr 18, 2013 1:07 pm Post subject: |
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| sherbaaz wrote: | | booked half position @ 5735.20. profit points 172.20 points per lot. holding half long position with same sl @ 5480.30. regds, |
Sherbaaz: First of all congrats on tgt. Why not trail the SL to say 5680 or whatever to protect profits? Prakash Holla
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sherbaaz
Yellow Belt
Joined: 27 May 2009
Posts: 543
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| Post: #36 Posted: Thu Apr 18, 2013 1:10 pm Post subject: |
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| pkholla wrote: | | sherbaaz wrote: | | booked half position @ 5735.20. profit points 172.20 points per lot. holding half long position with same sl @ 5480.30. regds, |
Sherbaaz: First of all congrats on tgt. Why not trail the SL to say 5680 or whatever to protect profits? Prakash Holla |
will trail the sl as and when my system says so. as off now there is no signal for tsl so sl remain the same.
regds
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pkholla
Black Belt
Joined: 04 Nov 2010
Posts: 2890
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| Post: #37 Posted: Thu Apr 18, 2013 1:18 pm Post subject: |
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| sherbaaz wrote: | | will trail the sl as and when my system says so. as of now there is no signal for tsl so sl remain the same. regds |
Thanks for info. Keep us informed as to when and what TSL you decide on. System u are using is giving good profits!
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sherbaaz
Yellow Belt
Joined: 27 May 2009
Posts: 543
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| Post: #38 Posted: Mon Apr 22, 2013 9:22 am Post subject: |
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booked profit in rest of the position @ 5805.
profit points = 245 points.
avg profit perlot 208 points.
will take entry in may series as expiry is near as and when signal comes.
regds,
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mogili
Green Belt
Joined: 29 Jan 2013
Posts: 1025
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| Post: #39 Posted: Mon Apr 22, 2013 9:46 am Post subject: |
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| sherbaaz wrote: | booked profit in rest of the position @ 5805.
profit points = 245 points.
avg profit perlot 208 points.
will take entry in may series as expiry is near as and when signal comes.
regds, |
Congrats. Pl keep us informed about your next entry.
Good Luck.
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sherbaaz
Yellow Belt
Joined: 27 May 2009
Posts: 543
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| Post: #40 Posted: Fri May 31, 2013 11:27 pm Post subject: |
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attached is the chart of nifty future eod.
it looks like that major W.1 is over. currently major W.2 correction is going on. w.a and w.b of this correction seems to be over and around 6120 w.c has started.
this w. c and major W.2 may get terminated around 5859-5869, there is strong support around these levels and major W.3 may start (min tgt will be 100% of major W.1).
regds,
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RAJDESAI1967
Yellow Belt
Joined: 19 Mar 2013
Posts: 518
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| Post: #41 Posted: Sat Jun 01, 2013 11:14 am Post subject: NIF TY |
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sherbazzz-
u expect approx 500-600 points up from base of 5869 odd?
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sherbaaz
Yellow Belt
Joined: 27 May 2009
Posts: 543
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| Post: #42 Posted: Sat Jun 01, 2013 12:04 pm Post subject: Re: NIF TY |
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| RAJDESAI1967 wrote: | sherbazzz-
u expect approx 500-600 points up from base of 5869 odd? |
yes, thats the min tgt of major W.3 if it happens.
regds,
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veerappan
Expert
Joined: 19 Dec 2007
Posts: 3680
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| Post: #43 Posted: Sat Jun 01, 2013 12:24 pm Post subject: |
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| share fox... shall i enter... bcoz its your thread... with your permission
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sherbaaz
Yellow Belt
Joined: 27 May 2009
Posts: 543
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| Post: #44 Posted: Sat Jun 01, 2013 12:25 pm Post subject: |
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| veerappan wrote: | | share fox... shall i enter... bcoz its your thread... with your permission |
u are always welcome.
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veerappan
Expert
Joined: 19 Dec 2007
Posts: 3680
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| Post: #45 Posted: Sat Jun 01, 2013 12:28 pm Post subject: |
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| share fox u r right... 5858 magic and 5842 is there... but this time they do psycho games.. continous fall also they can do ...upto 5k to 4600... this is my personal view...
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