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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #5296 Posted: Wed Oct 03, 2012 8:26 am Post subject: |
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yes rahul, 5373NF as per him |
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saurabhkurichh White Belt
Joined: 30 Oct 2006 Posts: 127
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Post: #5297 Posted: Wed Oct 03, 2012 8:28 am Post subject: |
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never heard of "Jagdish Dave " Vinay... |
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saumya12 Brown Belt
Joined: 21 Dec 2011 Posts: 1509
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Post: #5298 Posted: Wed Oct 03, 2012 8:59 am Post subject: |
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vinay28 wrote: | yes rahul, 5373NF as per him |
Thats why asked for sep series xl. Do you have it Vinay. Please post. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #5299 Posted: Wed Oct 03, 2012 9:33 am Post subject: |
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and I replied saumya yesterday that I don't have any further files. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #5300 Posted: Wed Oct 03, 2012 9:44 am Post subject: |
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vinay28 wrote: | and I replied saumya yesterday that I don't have any further files. |
lets see then oct will have to be eventful it means for going below 5400 |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #5301 Posted: Wed Oct 03, 2012 9:53 am Post subject: |
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saurabh, you will have to ask the so called experts who come on TV. |
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saumya12 Brown Belt
Joined: 21 Dec 2011 Posts: 1509
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Post: #5302 Posted: Wed Oct 03, 2012 9:54 am Post subject: |
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vinay28 wrote: | and I replied saumya yesterday that I don't have any further files. |
But Vinay, where is the post, I did not find any reply. |
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stevenmat White Belt
Joined: 27 Dec 2011 Posts: 478
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Post: #5303 Posted: Wed Oct 03, 2012 9:55 am Post subject: |
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vinay .. have you squared off your calls?? |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #5304 Posted: Wed Oct 03, 2012 10:09 am Post subject: |
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saumya - u r right, even I can't find it now but I did reply yesterday immediately after you asked and also saw it later.
steve - I am hedged as of now with 5600PE with SL about 28-30 and SL for CEs is also closeby, a bit below today's low. |
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pkholla Black Belt
Joined: 04 Nov 2010 Posts: 2890
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Post: #5305 Posted: Wed Oct 03, 2012 10:15 am Post subject: |
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SaurabhK: This post is not meant to offend you and if it does I am sorry
There are mainly 2 types of experts. One type quietly helps others like Vinay's friend or Karmarkar (ex IIT Bombay ) who helps with modified Eliott Wave Theory analysis.
And there is the other "popular" type who comes on TV with exotic mind blowing theories (like T.y.n). Adi Godrej of Godrej Properties has openly admitted bribing these $%^&* with subsidized flats to help his IPO succeed.
There is thus no reason why you/I/we should have heard of Dave.
Please read the hilarious chapter on gurus (dead and alive) in Elder's book: Trading for a living
Prakash Holla
Last edited by pkholla on Wed Oct 03, 2012 10:45 am; edited 1 time in total |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #5306 Posted: Wed Oct 03, 2012 10:27 am Post subject: |
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chetan83 wrote: | Hi Psalm,
I just saw this in Nifty monthly spot chart, can we achieve an all time high in Nifty before June'13.
CUP AND HANDLE FORMATION in Monthly NIFTY SPOT is seen.....
Last time during 1st week of August'12, I posted cup and handle formation of Nifty for 5600 minimum, so if this chart is OK, what can be the positional SL for Longs.
regards,
Chetan. |
Sorry for replying to your post a bit late, Chetan.....was a bit busy with some personal matters.....by the way, it is very difficult for me to mention "when or whether" Nifty will break out of the CUP and Handle formation.....but if it does in June or July, one can expect the target to be reached withing 2 to 3 years(ie, in 2014 or in 2015)....Means one can expect Nifty around 9000 levels or even higher levels if this pattern turns out to be the "Cup and Handle" and then there is a breakout. Let's see if we'll reach there as per this pattern targets. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #5307 Posted: Wed Oct 03, 2012 10:29 am Post subject: |
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true prakash. By the way I have written enough about jagdish long ago under Market Mastermind and had also posted his Golden rules for trading. The only thing is I can't disclose names of any of those experts who learned from him since 80s as it is unfair. |
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psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
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Post: #5308 Posted: Wed Oct 03, 2012 10:31 am Post subject: |
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psalm wrote: | chetan83 wrote: | Hi Psalm,
I just saw this in Nifty monthly spot chart, can we achieve an all time high in Nifty before June'13.
CUP AND HANDLE FORMATION in Monthly NIFTY SPOT is seen.....
Last time during 1st week of August'12, I posted cup and handle formation of Nifty for 5600 minimum, so if this chart is OK, what can be the positional SL for Longs.
regards,
Chetan. |
Sorry for replying to your post a bit late, Chetan.....was a bit busy with some personal matters.....by the way, it is very difficult for me to mention "when or whether" Nifty will break out of the CUP and Handle formation.....but if it does in June or July, one can expect the target to be reached withing 2 to 3 years(ie, in 2014 or in 2015)....Means one can expect Nifty around 9000 levels or even higher levels if this pattern turns out to be the "Cup and Handle" and then there is a breakout. Let's see if we'll reach there as per this pattern targets. |
By the way, if you're an investor, there is nothing wrong in holding your positions with a stoploss below 5200 levels on a weekly closing basis though levels around 5400-5450 could offer reasonable support for any corrections from here. That's what I feel at this point of time....anyway, let's see.. |
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #5309 Posted: Wed Oct 03, 2012 10:36 am Post subject: |
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I agree with you sam about investing. |
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apka Black Belt
Joined: 13 Dec 2011 Posts: 6137
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Post: #5310 Posted: Wed Oct 03, 2012 12:04 pm Post subject: |
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The monthly chart is [edited]not[/edited] looking like a cup and handle to me. The handle is taking far too long to curve up just by looking at the chart.
I have one more doubt when we think 5630 feb to now maybe cup... cups and handle work best a indice or stock make a new high. Here in between high and bottom.. they dont sustain.
I think if u take weekly chart 2008 high and to now, we are making a rounding cup... |
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