| View previous topic :: View next topic |
| Author |
NVK SET UP |
natarajmtech
White Belt
Joined: 13 Oct 2008
Posts: 61
|
Post: #151  Posted: Thu Oct 15, 2009 12:23 pm Post subject: |
 |
|
| simran8998 wrote: | natarajmtech
By posting a chart we will get hint |
sorry, posting that sort of chart (assumption by me before a setup ) is not going to help any one here in this forum. And also it is a waste of time and resources.
Regards,
Nataraj
|
|
| Back to top |
|
 |
|
|
|
shekharinvest
Yellow Belt
Joined: 21 Dec 2007
Posts: 549
|
| Post: #152 Posted: Thu Oct 15, 2009 1:58 pm Post subject: |
|
|
Hi,
Lots of activity during trading hours.
Has any body taken this trade ?
SHEKHAR
| Description: |
|
| Filesize: |
10.42 KB |
| Viewed: |
2410 Time(s) |
|
|
|
| Back to top |
|
|
natarajmtech
White Belt
Joined: 13 Oct 2008
Posts: 61
|
| Post: #153 Posted: Thu Oct 15, 2009 2:35 pm Post subject: |
|
|
| shekharinvest wrote: | Hi,
Lots of activity during trading hours.
Has any body taken this trade ?
SHEKHAR |
Hi Shekhar,
If I am not wrong, this is the first time you come up in live market hour and post a chart at mid of the trend and then challenge your prediction. Good lets see the result at the end of the day. But the setup I belive in the cross over of STS at first bottom of double bottom in oversold terriotory and followed by double bottom and postive RSI divergion,is eluding me twice today to propose a long setup. So I am waiting for that
Regards,
Nataraj
|
|
| Back to top |
|
|
shekharinvest
Yellow Belt
Joined: 21 Dec 2007
Posts: 549
|
| Post: #154 Posted: Thu Oct 15, 2009 3:43 pm Post subject: |
|
|
Hello Natraj.
You are right, probably for the first time I have posted during market hours.
Market was boring at that point of time you see.
Almost 45 points (NF 5073-5115) on that setup. Not bad by any standard, I believe.
SHEKHAR
| Description: |
|
| Filesize: |
42.7 KB |
| Viewed: |
513 Time(s) |
|
|
|
| Back to top |
|
|
natarajmtech
White Belt
Joined: 13 Oct 2008
Posts: 61
|
| Post: #155 Posted: Thu Oct 15, 2009 4:18 pm Post subject: |
|
|
| shekharinvest wrote: | Hello Natraj.
You are right, probably for the first time I have posted during market hours.
Market was boring at that point of time you see.
Almost 45 points (NF 5073-5115) on that setup. Not bad by any standard, I believe.
SHEKHAR |
Hi Shekhar,
I have not subscribed to icharts' RT charts. But as per your earlier post based on yahoo RT chart for a NVK setup’s long trade today, at the minimum one could have entered only at the 5100 level based on trend line breakout , if so the stop loss of 10 points would have not been respected based on Nifty spot.
I hope your new chart based on Nifty future. And RSI in icharts RT looks good in terms of RSI +ve div but the entry point of 5073 is practically not possible , since how you could presume that the second dip at 5073 going to converged in a double bottom so the entry could have been at above 5085 level (based on third candle from the second bottom of the double bottom).
If you differ please substantiate your entry strategy as per your chart.
Regards,
Nataraj
|
|
| Back to top |
|
|
shekharinvest
Yellow Belt
Joined: 21 Dec 2007
Posts: 549
|
| Post: #156 Posted: Fri Oct 16, 2009 9:58 am Post subject: |
|
|
Hello Natraj,
In the first place this setup is based on Nifty spot on Yahoo it was clearly giving white candle at that point of time and the corresponding values on NF were 5068-5075 I got at 5073, please note we trade NF values not the Nifty Spot values.
At that point of time it is usually subjective- but a low risk entry, only after the trendline break we take second entry with SL same as for the first entry i.e. here we have a larger stop loss.
The divergence on NF chart as was posted by me only gives an added confidence to enter as per this setup, I once again reiterate the first entry is subjective, it might be negated by the very next candle that's why we have SL.
SHEKHAR
|
|
| Back to top |
|
|
natarajmtech
White Belt
Joined: 13 Oct 2008
Posts: 61
|
| Post: #157 Posted: Fri Oct 16, 2009 10:18 am Post subject: |
|
|
Hi Shekar,
Thanks for your hint about entry strategy. It is useful.
Regards,
Nataraj
|
|
| Back to top |
|
|
natarajmtech
White Belt
Joined: 13 Oct 2008
Posts: 61
|
| Post: #158 Posted: Fri Oct 16, 2009 11:53 am Post subject: |
|
|
What you are waiting for... go short now.. for target of 50 points now.
See attached chart
Regards,
Nataraj
| Description: |
|
| Filesize: |
71.22 KB |
| Viewed: |
2460 Time(s) |
|
|
|
| Back to top |
|
|
natarajmtech
White Belt
Joined: 13 Oct 2008
Posts: 61
|
| Post: #159 Posted: Fri Oct 16, 2009 3:33 pm Post subject: |
|
|
| natarajmtech wrote: | What you are waiting for... go short now.. for target of 50 points now.
See attached chart
Regards,
Nataraj |
Hmm, An another day of NVK setup failure.
Happy Deepavali to all.
Regards,
Nataraj
|
|
| Back to top |
|
|
shekharinvest
Yellow Belt
Joined: 21 Dec 2007
Posts: 549
|
|
| Back to top |
|
|
shekharinvest
Yellow Belt
Joined: 21 Dec 2007
Posts: 549
|
| Post: #161 Posted: Thu Oct 29, 2009 4:35 pm Post subject: |
|
|
BANG on target in 30 mins flat !!!
SHEKHAR
| Description: |
|
| Filesize: |
12.32 KB |
| Viewed: |
441 Time(s) |
|
|
|
| Back to top |
|
|
shekharinvest
Yellow Belt
Joined: 21 Dec 2007
Posts: 549
|
| Post: #162 Posted: Thu Nov 05, 2009 5:41 pm Post subject: |
|
|
Hi,
Today, NVK setup came up on the NF and BNF, charts are posted below. I was more confident of the setup on BNF as is visible on the chart, and took it, but the NF was quite furious on its upward journey and reached and surpassed the target, BNF took its time. At about 4720 NVK was again formed on NF but it was soon thrashed by the raging bull.
SHEKHAR
| Description: |
|
| Filesize: |
12.4 KB |
| Viewed: |
418 Time(s) |
|
| Description: |
|
| Filesize: |
12.92 KB |
| Viewed: |
455 Time(s) |
|
|
|
| Back to top |
|
|
kvram
White Belt
Joined: 31 Mar 2007
Posts: 35
|
| Post: #163 Posted: Thu Nov 05, 2009 8:57 pm Post subject: CNXIT -NVK SETUP |
|
|
DEAR SEKHAR PLEASE CORRECT ME AS IAM FOLLOWING NVKSIR SETUP THANK YOU
| Description: |
|
| Filesize: |
13.02 KB |
| Viewed: |
463 Time(s) |
|
|
|
| Back to top |
|
|
shekharinvest
Yellow Belt
Joined: 21 Dec 2007
Posts: 549
|
| Post: #164 Posted: Fri Nov 06, 2009 9:02 am Post subject: Re: CNXIT -NVK SETUP |
|
|
| kvram wrote: | | DEAR SEKHAR PLEASE CORRECT ME AS IAM FOLLOWING NVKSIR SETUP THANK YOU |
kvram,
Nicely done, market has proved you to be right, no more confirmations required.
Your target should have been 5020-25 i.e. the days high till then, It was incidental that it surpassed.
SHEKHAR
|
|
| Back to top |
|
|
natarajmtech
White Belt
Joined: 13 Oct 2008
Posts: 61
|
| Post: #165 Posted: Fri Nov 06, 2009 12:39 pm Post subject: Re: CNXIT -NVK SETUP |
|
|
| kvram wrote: | | DEAR SEKHAR PLEASE CORRECT ME AS IAM FOLLOWING NVKSIR SETUP THANK YOU |
Hi Kvram,
How did you get 3 and 15 EMA ploted in yahoo Basic Tech Analysis as per your last post in this topic . I can not spot such EMA listed in the page but I could see only 5,10,20,50 etc in the page.
Regards,
Nataraj
|
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
