iCharts Discussions

[veerappan]

[shashangan]

Well I am in office.

Pakkat ooru tha Anney, RCB. Bang Bang Bangal uru

Gautham Shashangan

[shashangan]

Just having a little fun with chart. So need not be right. It's an approximate guess. This is one possibility. The mkt can go directly up as well.

Thanks
Gautham Shashangan

[vinay28]

[shashangan]

Yes you are right, it's just a possibility Vinay.

There are lot of possibilities. Attaching one more possibility. It's not necessary the same has to happen. It's easier to project longer term than short term with little more accuracy for me. Just giving it a shot.

But overall trend possibly looks up. So even if it goes down & if people are holding minimum positions with patience & without panic, they will still get exit.

Thanks
Gautham Shashangan

[rsnerella]

Finally Gautam Shashangan is back with projections. Looks like you are getting some time for market also.
Keep rocking

[shashangan]

Thanks Nerella,

The issues is when you have lot of things to do & it's good when all is going well, but when things dont work & if there is lot of stress, you lose interest.

I generally dont lose on most entries, but I was starting to trade like a ordinary trader. Making & losing it, so was getting irritated. So I wanted to let go of emotions & irritation. So stepped out & watched. Yesterday I made a good killing, so it has motivated me again to get back on track.

Like I said I just have to get hold of the head of the serpent. Yesterday I was happy with the projected high 5964 & actual was 5965.90 & the fall & the exit. So it has rejuvenated me.

Too much of watching mkt can also do this. Life should not become monotonous. So it's good to take a break. So your mind calms down & also all my other things are slowly falling in place at work & personal life. So bringing patience & calmness is very important when you analyze & trade.

I will tell you something which will make you smile - I stole it from somewhere & you will know where.

Success is not the key to happiness. Happiness is the key to success. If you love what you are doing, you will be successful.

Regard,s
Gautham Shashangan

[mogili]

[vinay28]

[rsnerella]

One should leave Emotions before coming to market, I know you do. That's how one can rock.

I liked very much the Quote you mentioned on Success.

[shashangan]

Thanks Mogli,

Happy to hear valued analysis.

Regards,
Gautham Shashangan

[chennuru]

Dear Shanshangan
nice definition about success and happiness,
i would like to add some thing,
every trader who try to learn about the market tech, they will get equal knowledge like others,
but when they come to practice or enter in to real trade, very few traders develop their skills,
those are the winners in their real life,
happy trade

[shashangan]

Hey Vinay,

I just checked it. Good one. It has worked partially, probably the time you had to extend. Let me see if this helps, something relating, but little different to your Parallelogram. Well this is again my own. Dont know what to call it though. May be Shashangan Directional Traingle.

According to this chart by approx around 10th of June, it should be near 6290. But I am not sure if it will really work. It's purely my projection & my own chart & analysis. You wont find this anywhere on the net or with anybody for sure.

Thanks
Gautham Shashangan

[shashangan]

Right Chennuru.

Thanks
Gautham Shashangan

[shashangan]

Very true Nerella,

You should not play the mkt when your mind is disturbed or is under pressure, especially when you make a loss it's even more important to check your emotion & desperation. You should take a pause & patiently go through the charts from all angles again to understand where you slipped the trend.

For me I need to get hold of the main trend, once I understand the main trend, then I slowly start getting the hold of medium term, short term & intra day.

Thanks for your compliment on the quote.

Regard,s
Gautham Shashangan