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PROJECTIONS AND PROBABILITIES |
saikat White Belt
Joined: 31 Mar 2008 Posts: 317
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Post: #1 Posted: Sat Jul 25, 2009 11:01 am Post subject: PROJECTIONS AND PROBABILITIES |
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Hello,
I will try to post here few probable paths market may take (also few stocks) - as and when the charts tell me that.
Here one chart is EOD and the other Hourly.... as per EOD - we may go to 4380 level to form the right shoulder.
And as per hourly, we already done that.
And target is almost same for both.
5217 is also 0.618 FIBO projection from the last swing ie 2525.25 to 4703.5
Regards,
Saikat |
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saikat White Belt
Joined: 31 Mar 2008 Posts: 317
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Post: #2 Posted: Sat Jul 25, 2009 11:59 am Post subject: |
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Hello,
HCC
as per EOD - double bottom formation - target around 134 - entry to be taken after a EOD close above 112
as per hourly - cup and handle formation - target same - entry to be taken after a close above 115
I am currently in this trade with SL 108 EOD closing basis
Regards,
Saikat |
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NORBE_1958 White Belt
Joined: 11 Feb 2009 Posts: 36
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Post: #3 Posted: Sat Jul 25, 2009 1:47 pm Post subject: |
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Great hoping to see more stocks highlight Thanks |
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sriki_r White Belt
Joined: 05 Apr 2009 Posts: 15
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Post: #4 Posted: Sat Jul 25, 2009 8:33 pm Post subject: |
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Saikat,
Thanks for sharing this.
I have a question:
When you say "SL 108 EOD closing basis", what does it mean?
Thanks,
Sriki |
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amitkbaid1008 Yellow Belt
Joined: 04 Mar 2009 Posts: 540
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Post: #5 Posted: Sat Jul 25, 2009 10:09 pm Post subject: |
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sriki_r wrote: | Saikat,
Thanks for sharing this.
I have a question:
When you say "SL 108 EOD closing basis", what does it mean?
Thanks,
Sriki |
Dear Sriki_r
It just means that Stop Loss will be hit only if stock closes below 108 on daily basis |
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saikat White Belt
Joined: 31 Mar 2008 Posts: 317
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Post: #6 Posted: Tue Aug 04, 2009 12:50 am Post subject: |
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stop loss when we have a EOD closing below 108
sriki_r wrote: | Saikat,
Thanks for sharing this.
I have a question:
When you say "SL 108 EOD closing basis", what does it mean?
Thanks,
Sriki |
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saikat White Belt
Joined: 31 Mar 2008 Posts: 317
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Post: #7 Posted: Tue Aug 04, 2009 1:04 am Post subject: |
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Hello,
ROLTA
hourly chart was as of 30th July
The reason for booking 50% holding @ 154
EOD chart target 178; SL can be closing below 150 but should jump back in in case it goes above 150 again.
Holding rest 50% for tgt 178
Regards,
Saikat |
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aag White Belt
Joined: 24 Dec 2008 Posts: 9
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Post: #8 Posted: Tue Aug 04, 2009 2:51 am Post subject: Why i wud short Rolta: |
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Hey Sai,
this is what i saw on rolta.
glad uv booked 50%!
cheers |
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