iCharts Discussions

shashangan · Posted: Fri Nov 02, 2012 7:11 pm Post subject:

I got the top right for the day, but I am sorry, my exit target didn't come. The mkt made a recovery at closing to close near highs. If anybody holding shorts on my call, let's see on Monday, since I had some imp.t meetings & could not see the mkt near closing to post my view.

Anyway mkt looks pretty strong, hopefully it should try min around 5716. Around 5697 may come, but will see some buying immediately. I would suggest to exit @ around 5716 to be safe in case I am not there at open.

The mkt should go to break the high again on Monday. Will keep you posted once I am there.

I will keep adjusting the entry & exit levels slightly & stops I mention, since I give a totally different prediction & quite well in advance before anyone which I have to guess based on calculations, so keep watching my post 2-3 times as it nears the level mentioned to be sure, if you are following my calls. I have to adjust the levels as i see the trend & as it nears & with extensions the exit levels also will keep changing marginally with the moves.

The most difficult thing in my calls is I cant guage the no. of stops placed nor people who may stop & reverse which can extend the level or miss the level. That's the biggest challenge of my calls to get it bang on target, but I am still working on it, not getting time for intensive research.

Enjoy your weekend.
Good luck
Gautham Shashangan

acharyams · Yellow Belt Joined: 04 Jul 2010 Posts: 552

shashangan · Posted: Fri Nov 02, 2012 9:02 pm Post subject:

No Not at all, I was just clarifying to the forum since like you many other people would have had doubt on my calls.

Sorry I was also not trying to pick on you. Just trying to clarify everybody's doubt, since I just started posting after 4-5 years.

Hope you have exited the entry without loss. Thank you for your confidence.

Gautham Shashangan

shashangan · Posted: Fri Nov 02, 2012 9:18 pm Post subject:

If I want I can start a advisory & start giving predictions to make money, which I may do on a later stage, but that's not what I am interested in.

To be honest, my main intention to post here is to find an investor who can invest with me.

I want just a few investors who can invest a min of 50 Lakhs each. I know lot of people may have different perceptions of me, but I am a transparent person. I like to do things my way & follow my principles.

So I am trying to get the confidence of people on me rather than telling people I will give you 50% returns, I will double your money, I want to prove myself, I dont want to give any false commitments. I want people to believe I have knowledge & I can really make money & invest with me.

I have worked hard & lost a lot of money to get where I am today. I also have learnt the mkt the hard way. If I have that kind of money I can give full time towards trading leaving my other ventures for others to handle. I can do wonders If i dedicate my full time on research & trading. I am not expecting it will happen, but if I succeed, my efforts will pay off. Anyway Let's see

thanks
Gautham Shashangan

SwingTrader · Posted: Fri Nov 02, 2012 9:30 pm Post subject:

shashangan · Posted: Fri Nov 02, 2012 9:34 pm Post subject:

No prob.

Sorry I didn't know it's against the rules. I was being transparent. I shall take care.

Thanks
Gautham Shashangan

SwingTrader · Posted: Fri Nov 02, 2012 9:37 pm Post subject:

Thanks. No problem.

Kindly go through the forums rules & regulations once so other stuff also is clear : http://www.icharts.in/forum/forum-usage-rules-und-regulations-t2771.html

shashangan · Posted: Mon Nov 05, 2012 12:45 pm Post subject:

The mkt's look just as I predicted. The mkt.s look sideways to weak for today, since Rupee is weakening. I think my targets should come, the levels I mentioned before. I have been busy & I am stepping out for a couple of meetings.
Follow my previous call. Watch & do your exit, since I wont be there. You can long Nov Nifty 5697 & below. Around 5687 could be the max low if an extension for today. The mkt may recover slightly before closing possibly.

Good luck
Gautham Shashangan

shashangan · Posted: Mon Nov 05, 2012 6:38 pm Post subject:

Mkt following my view. So far so good. Mkt did pull back at closing in-spite of weakness in Rupee as I had mentioned.

Anyway Nov immediate target near tomorrow mkt open should try min 5750-55 area. I am not sure if mkt will again get into a range trading tomorrow. Just having a doubt whether mkt will try 5705 area again to confuse people.

5773-77 is the overall target for this trend which I had predicted for Nov 2nd week (5775) on 31st Oct.

Too much work at office, dont know if I have to go meet another client tomorrow. Will know morning. Shall update my view in case I am tracking mkt.

In the meantime, Can somebody suggest me any good intra day free charts, where I can see all parameters including hourly, four hourly, daily, weekly & monthly live or delayed doesn't matter. There is some issues with this present chart I am using. I dont want to pay for live charts since I have been able to manage so far without it. It will help me analyse more accurately possibly.

Thanks in Advance
Gautham Shashangan

vinay28 · Black Belt Joined: 24 Dec 2010 Posts: 11748

Shashangan, are you also saying that NF will not go above 5777 in Nov?

shashangan · Posted: Mon Nov 05, 2012 8:32 pm Post subject:

Yes Vinay, I had mentioned it last week itself, Nov Nifty will try 5775 by 2nd week of November. I think it should try there soon before giving a good correction.

But let me be the first to say this too, it will again try around 5870+ before mid of December, if I am not wrong. The mkt can be choppy though.

Thanks
Gautham Shashangan

vinay28 · Black Belt Joined: 24 Dec 2010 Posts: 11748

yes shashangan. However, I am looking at a possibility of 5880/5920 in Nov itself

acharyams · Yellow Belt Joined: 04 Jul 2010 Posts: 552

[quote="shashangan"]Yes Vinay, I had mentioned it last week itself, Nov Nifty will try 5775 by 2nd week of November. I think it should try there soon before giving a good correction.

But let me be the first to say this too, it will again try around 5870+ before mid of December, if I am not wrong. The mkt can be choppy though.

Thanks
Gautham Shashangan

quote]
where do you see nifty go in downside in november after touching 5775. I mean bounce area for target of 5870 in December?

shashangan · Posted: Mon Nov 05, 2012 8:53 pm Post subject:

Yes true. It's definitely possible Vinay, I am just playing it safe by taking time & my charts what I am using GCI MT4 demo & GCI CFD Share platform apart from checking the End of day spot charts all charts showing different patterns, though overall trend clearly is bullish to me, it's quite confusing on precise targets & immediate moves.

Long back I used to use in.quote.com, the charts were beautiful & perfect for me though it was a bit delayed, but now it's not working. Also I used to use GCI CFD share charts from gci website, that's also not working

I am looking around if I can find some good charts which can give all time parameters.

Gautham Shashangan

vinst · Black Belt Joined: 09 Jan 2007 Posts: 3303

shashangan

pls check you message box. sent you a pm.