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PROJECTIONS AND PROBABILITIES

 
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Author PROJECTIONS AND PROBABILITIES
saikat
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Joined: 31 Mar 2008
Posts: 317

Post: #1   PostPosted: Sat Jul 25, 2009 11:01 am    Post subject: PROJECTIONS AND PROBABILITIES Reply with quote

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
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Joined: 31 Mar 2008
Posts: 317

Post: #2   PostPosted: Sat Jul 25, 2009 11:59 am    Post subject: Reply with quote

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
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Joined: 11 Feb 2009
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Post: #3   PostPosted: Sat Jul 25, 2009 1:47 pm    Post subject: Reply with quote

Great hoping to see more stocks highlight Thanks
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sriki_r
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Joined: 05 Apr 2009
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Post: #4   PostPosted: Sat Jul 25, 2009 8:33 pm    Post subject: Reply with quote

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
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Joined: 04 Mar 2009
Posts: 540

Post: #5   PostPosted: Sat Jul 25, 2009 10:09 pm    Post subject: Reply with quote

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
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Joined: 31 Mar 2008
Posts: 317

Post: #6   PostPosted: Tue Aug 04, 2009 12:50 am    Post subject: Reply with quote

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
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Joined: 31 Mar 2008
Posts: 317

Post: #7   PostPosted: Tue Aug 04, 2009 1:04 am    Post subject: Reply with quote

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
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Joined: 24 Dec 2008
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Post: #8   PostPosted: Tue Aug 04, 2009 2:51 am    Post subject: Why i wud short Rolta: Reply with quote

Hey Sai,
this is what i saw on rolta.

glad uv booked 50%!

cheers
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