| View previous topic :: View next topic |
| Author |
NVK SET UP |
Ravi_S
Yellow Belt
Joined: 15 Jun 2009
Posts: 569
|
Post: #316  Posted: Fri Mar 12, 2010 9:08 am Post subject: Re: NVK in Renuka EoD |
 |
|
Looks perfect RVG...
| rvgandhi wrote: | | Saikat - Can you check EoD charts of Renuka also.. today an NVK Setup has formed similar to Bajaj Hindustan |
|
|
| Back to top |
|
 |
|
|
|
kanna
White Belt
Joined: 03 Jan 2010
Posts: 91
|
| Post: #317 Posted: Fri Mar 12, 2010 9:29 am Post subject: |
|
|
thanks saikat sir for the clarification. now the RSI part is clear.
In Bhind i have entered at 147 yesterday, anyway. i feel Bhind will make a further low before take off. 
|
|
| Back to top |
|
|
rvg
White Belt
Joined: 31 Oct 2006
Posts: 279
|
| Post: #318 Posted: Fri Mar 12, 2010 12:08 pm Post subject: Renuka - NVK |
|
|
Have entered Renuka this morning basis yesterday NVK Setup on EoD.. Will cover position by EoD if Renuka is still in -ve.
Added to morning position at 153 basis NVK in 15 min
| Description: |
|
| Filesize: |
58.81 KB |
| Viewed: |
508 Time(s) |
|
|
|
| Back to top |
|
|
kush
White Belt
Joined: 25 Nov 2009
Posts: 17
|
| Post: #319 Posted: Fri Mar 12, 2010 7:27 pm Post subject: |
|
|
hello saiket ,
Aban is going good , rest two did not give chance to trade even( going opposite direction ) .
Thanks for the reply , Will ask u for more help if needed.
Regards
Kush
|
|
| Back to top |
|
|
Ravi_S
Yellow Belt
Joined: 15 Jun 2009
Posts: 569
|
| Post: #320 Posted: Sat Mar 13, 2010 10:27 am Post subject: NVK - ABB |
|
|
Spotted this setup in ABB, Targets 845, SL 872
| Description: |
|
| Filesize: |
18.02 KB |
| Viewed: |
551 Time(s) |
|
|
|
| Back to top |
|
|
Ravi_S
Yellow Belt
Joined: 15 Jun 2009
Posts: 569
|
| Post: #321 Posted: Mon Mar 15, 2010 12:28 pm Post subject: NVK - ABB |
|
|
ABB touched 847.55 almost there near the first target of 845... 
|
|
| Back to top |
|
|
Ravi_S
Yellow Belt
Joined: 15 Jun 2009
Posts: 569
|
| Post: #322 Posted: Mon Mar 15, 2010 3:17 pm Post subject: NVK - ABB |
|
|
| ABB - 845.10 target achieved
|
|
| Back to top |
|
|
Ravi_S
Yellow Belt
Joined: 15 Jun 2009
Posts: 569
|
| Post: #323 Posted: Mon Mar 15, 2010 3:24 pm Post subject: NVK - ABB |
|
|
Risky traders can wait for 830 now... 
|
|
| Back to top |
|
|
nsk1371
White Belt
Joined: 01 Sep 2009
Posts: 226
|
| Post: #324 Posted: Mon Mar 15, 2010 7:15 pm Post subject: nvk set up in balramchin |
|
|
to respected seniors,, ravi sir, saikit sir, rv gandhi and all..
i'm new to icharts, and i often see all seniors post nvk setup.. with my little knowledge i was able to see nvk setup in balram chini eod chart.. the stk made double bottom of 100 few days back.. rsi was raising in this period. but still the stock is declining.. i cud not spot wher i made the mistake..
plz..... teach me also...
|
|
| Back to top |
|
|
Ravi_S
Yellow Belt
Joined: 15 Jun 2009
Posts: 569
|
| Post: #325 Posted: Mon Mar 15, 2010 10:17 pm Post subject: NVK - Balrampur Chini |
|
|
Hi nsk1371
This was a perfect setup. The stocked formed a double bottom at 100 and then retraced back to more than 50% (113.65) of the swing.
It is not that once a NVK setup is formed the stock would always make higher highs... You need to exit at the appropriate levels. Hope this is clear.
I've attached the chart for your reference.
Regards
Ravi
| Description: |
|
| Filesize: |
22.67 KB |
| Viewed: |
493 Time(s) |
|
|
|
| Back to top |
|
|
saikat
White Belt
Joined: 31 Mar 2008
Posts: 317
|
| Post: #326 Posted: Tue Mar 16, 2010 2:52 pm Post subject: |
|
|
hello
Today's trade in April NF with SL 5123
Cheers !!!
Saikat
| Description: |
|
| Filesize: |
82.51 KB |
| Viewed: |
502 Time(s) |
|
|
|
| Back to top |
|
|
nsk1371
White Belt
Joined: 01 Sep 2009
Posts: 226
|
| Post: #327 Posted: Tue Mar 16, 2010 5:45 pm Post subject: stop loss spot and target: |
|
|
respectd seniors,, ( ravi anna, saikat sir, rv gandhi sir....)
tnx for the pain taken to explain me, and plz can u clarify me any formula for stop loss and targets... or anything popularly used? ( 5% or so )..
|
|
| Back to top |
|
|
saikat
White Belt
Joined: 31 Mar 2008
Posts: 317
|
| Post: #328 Posted: Tue Mar 16, 2010 7:59 pm Post subject: Re: stop loss spot and target: |
|
|
| nsk1371 wrote: | respectd seniors,, ( ravi anna, saikat sir, rv gandhi sir....)
tnx for the pain taken to explain me, and plz can u clarify me any formula for stop loss and targets... or anything popularly used? ( 5% or so ).. |
Hello,
What Ravi has said is what I follow for swing trades using NVK setup.
ie using FIBO of last swing for targets.
You can book 30% at 38.2% and hold rest with same SL
then you can book another 30% at 61.8% and hold rest 40% with same (61.8% value) SL
Like this.....
Or you can use price pivot. When the last pivot gets broken - you book full.
One thing I need to make clear is that - I trade in cash for stocks - so my methods normally have wide SL - which may not be suitable for stock Future trading.
You have to observe and decide which suits you more.
Regards,
Saikat
|
|
| Back to top |
|
|
Ravi_S
Yellow Belt
Joined: 15 Jun 2009
Posts: 569
|
| Post: #329 Posted: Wed Mar 17, 2010 9:09 am Post subject: NVK-Grasim |
|
|
Short GRASIM near 2920 levels with a tight SL of 20 points (Loss around 3400 Rs). Possible targets are 2845.
| Description: |
|
| Filesize: |
27.43 KB |
| Viewed: |
430 Time(s) |
|
|
|
| Back to top |
|
|
Ravi_S
Yellow Belt
Joined: 15 Jun 2009
Posts: 569
|
| Post: #330 Posted: Wed Mar 17, 2010 9:35 am Post subject: |
|
|
Don't enter GRASIM for now looks vulnerable... 
|
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
