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NVK SET UP |
natarajmtech
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Joined: 13 Oct 2008
Posts: 61
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Post: #136  Posted: Thu Oct 08, 2009 1:48 pm Post subject: |
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| simran8998 wrote: | natarajmtech
Thanks for your reply. What do you think whether target will hit or not? |
Except NVK setup the overall market sentiment looks bullish and the European markets are also trading higher.. The main dragger is reliance and IT stock shows weakness...could that be the cause of today's damage for the nifty if NVK setup works now.
Lets wait and see and more I am not trading so no panic for me to loose money but praying that my prediction should work and for all those trading on my view 
Regards,
Nataraj
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natarajmtech
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Joined: 13 Oct 2008
Posts: 61
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| Post: #137 Posted: Thu Oct 08, 2009 5:15 pm Post subject: |
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| natarajmtech wrote: | Hi,
Today's proposed NVK setup along with STS indicator - for a shorting opertunity in nifty future.
See attached plot with this message.
Regards,
Nataraj |
Hi ,
Good almost reached the target 2. The take home messages for today are
1) The STS crossover at the oversold/overbought position is helping to identifying the double top/bottom earlier on and give us more opportunity to enter close to the peak or bottom of an NVK setup.
2) Do not use trailing stop loss for the NVK setup it may often get hit in this setup (as you can see more volatility in the nifty before it can break out to lower value of the setup) so if you had entered wait for the target objective with your original stop loss irrespective of anything . Doing it consistently will fetch you gain over the period of time.
Regards,
Nataraj
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natarajmtech
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Joined: 13 Oct 2008
Posts: 61
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| Post: #138 Posted: Fri Oct 09, 2009 3:11 pm Post subject: |
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Hi ,
Oppertunity to go long at 4935 with stop loss of 4920 ...see my chart for today.
Regards,
Nataraj
| Description: |
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92.6 KB |
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2312 Time(s) |
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natarajmtech
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Joined: 13 Oct 2008
Posts: 61
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| Post: #139 Posted: Mon Oct 12, 2009 12:04 pm Post subject: |
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Hi all,
Sufficient and necessary condition are met to go short based on NVK setup as well the STS indicator proposed by me.
See the attached chart
Regards,
Nataraj
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2232 Time(s) |
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simran8998
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Joined: 19 Mar 2009
Posts: 34
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| Post: #140 Posted: Mon Oct 12, 2009 1:26 pm Post subject: |
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Hi, natarajmtech
Good setup.
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natarajmtech
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Joined: 13 Oct 2008
Posts: 61
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| Post: #141 Posted: Mon Oct 12, 2009 1:46 pm Post subject: |
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| simran8998 wrote: | Hi, natarajmtech
Good setup. |
Oops..this I never expected .
Regards,
Nataraj
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simran8998
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Joined: 19 Mar 2009
Posts: 34
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| Post: #142 Posted: Mon Oct 12, 2009 1:56 pm Post subject: |
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natarajmtech
Bad luck today
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natarajmtech
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Joined: 13 Oct 2008
Posts: 61
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| Post: #143 Posted: Mon Oct 12, 2009 2:21 pm Post subject: |
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| simran8998 wrote: | natarajmtech
Bad luck today |
As for as trade in short side is considered , it is a bad day.. but the setup today is rocked indeed since upon breaking of the stoploss trigger price the market moved up without looking back at any point...probably driven by IIP number which is larger than expected.
So if we could have initiated long side once the stoploss got hit we would have covered up more than our loss due to stop loss triggered in this set up. I guess as long this setup gives us that sort of opportunity...we should be happy about that.. let us see such a possibility is really exploitable in the coming days in the NVK setup proposed by us.
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simran8998
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Joined: 19 Mar 2009
Posts: 34
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| Post: #144 Posted: Mon Oct 12, 2009 2:35 pm Post subject: |
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natarajmtech
i think you are right.
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simran8998
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Joined: 19 Mar 2009
Posts: 34
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| Post: #145 Posted: Wed Oct 14, 2009 11:37 am Post subject: |
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hi, natarajmtech
Any trade today acc to NVK?
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natarajmtech
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Joined: 13 Oct 2008
Posts: 61
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| Post: #146 Posted: Wed Oct 14, 2009 2:38 pm Post subject: |
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| simran8998 wrote: | hi, natarajmtech
Any trade today acc to NVK? |
Not visible anything useful setup so for.
Regards,
Nataraj
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natarajmtech
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Joined: 13 Oct 2008
Posts: 61
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| Post: #147 Posted: Thu Oct 15, 2009 11:41 am Post subject: |
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Hi all,
I think the stage is on formation for a NVK long trade today in nifty.. I hope the setup will provide entry point at 4995.. But have to wait the setup to finish off for an entry...
I will post the chart once the setup completes.
Regards,
Nataraj
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simran8998
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Joined: 19 Mar 2009
Posts: 34
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| Post: #148 Posted: Thu Oct 15, 2009 12:05 pm Post subject: |
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hi, natarajmtech
Please post the chart
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natarajmtech
White Belt
Joined: 13 Oct 2008
Posts: 61
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| Post: #149 Posted: Thu Oct 15, 2009 12:12 pm Post subject: |
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| simran8998 wrote: | hi, natarajmtech
Please post the chart |
Sorry, the setup not completed and it looks it is not the way I expected. I post after a completion if at all it looks reasonable based on NVK setup.
Regards,
Nataraj
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simran8998
White Belt
Joined: 19 Mar 2009
Posts: 34
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| Post: #150 Posted: Thu Oct 15, 2009 12:14 pm Post subject: |
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natarajmtech
By posting a chart we will get hint
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