iCharts Discussions

[r.dibya]

dear friend, don,t go short at this level or higher level. if nifty goes fall then buy at that level. bullish in RELIANCE sustain above 2080 LEVEL TGT. 2360 ,ster sl 655 tgt.720/740 or 820, punjlloyd ,nagarjuna construction,suzlon above 104 level tgt. 124/135, pnb

i am very much bullish on banknifty (sbin,pnb,icici,hdfc bank, etc.)

remember reliance & banknifty will help both to rise the nifty ( tgt.5200)

i am positional trader ---recomendation not for intraday trading , maximum time will be 1 month.

i am bullish in nifty because of-----1) Bearish in dollar hugeeeeeeeeeeee
2) Inverted H&S pattern in nifty---bullish signal
3) all international indices is allready in breackout position
4) Bullish in commodity---to help metal sector for rise
5) Bullish in crude huge --sustain above 3420 ,, it will help to rise the reliance script
6) all earnigs report indicates positive in this quarter than the previous.
weekly crossover indicates in moving avg.--bullish[/b]

[r.dibya]

sensex strog support ------15500 ( watch this level)

if any query u can forward message to me

[r.dibya]

if anyone wants to a good return in a month ( 10 to 20% return)then follow my rule------------

1) Don't trade daily or intraday .
2) wait for market conformation.(buy/sell)
3) follow other market because if other market will do correction at this moment then our market( nifty) will fall due to expensive.
4) gain ur knowleadge about DOLLAR trading.---bull or bear ahead
5)nifty 50 stocks + nifty r givng breakout or breakdown signal in a month may be 50 points or 200 points depends upon stocks or indices.
6 ) don't trade in one script --many script is there ( search which is in breakout or breakdown position
7) check these stocks in a week once.
( sunday)---write these stocks in a paper resitance/support line
8)do trading 5 to 10 times in a month but point of these stock should be min. 50 to 200 points or in rs. 10000 to 20000 in one script
9) calculate 10 to 20 % of ur portfolio---thats ur aim to achive in a month.
10) if ur aim is achieved in 15 days then don.t trade in that month or be prepare for next month.


these 10 tips will help grow ur portfolio---------100% chances

i have exprience ( this is only my knowleadge)


remember-----if one script gives handsome profit then forget for some times about that script ( 5 to 10 days) .......



follow accordingly-----1 st see weekly chart then go daily chart then go for 1 hour chart ----take decesion

[mitu tyagi]

Hi R.Dibya
Can u tell me one thing - In the nifty EOD Chart from april to june this year according to STS it was in overbought area and remained so but mkt rose, how to then make entry or ride the trend which strategy u adopted, pl guide me.

[mitu tyagi]

Hi! R.Dibya

Would u mind if I put questions now and then, actually I have started trading as per TA now only and do make mistakes or get stuck up, I need guidance and request u to be my guide.

Regards,
Mitu

[r.dibya]

ok mitu i will guide

[mitu tyagi]

At 3.15 pm let us assume that closes here then rsi bent, sts fell from 92 to 85, macdo reaching 1 almost, looks like mkt down tomorrow. But EMA not breached fully (13).
Pl tell me if u have diff view about tomorrow.
Also kindly share strategy for trading tomorrow.

[r.dibya]

if nifty break 4500-4400 levl then tgt. 3900

but in this situation nifty shoul trading in between 4580-4720 level
i am positive in tomorrow

[neemtree]

Hi Dibya,

Looking to get some knowledge on swing trade. can you pl. clarify the below ?

1. At what point of time (right time) to take swing long/short (what indicators shoudl i use ? (may be for unitech/dlf/reliance etc).


2. how to calcualate resistence/support for swings ?



Thanks in advance,
Srinivas

[r.dibya]

nifty support 4538 by fibonacci and lastly support 4480 , if nifty is trading below 4480 then i think bull time is finished and bear time is ahead.

but one thing u see sensex has been broken the restance line 15500 level and trading above this level near 4 or 5 days and closing above this level from the H&S pattern .

according to fibonacci in sensex 61.8% --16080 above bullish bullish bullish. ((((sl 15400 level)))

some the index has been broken out the esitance line like--FMCG,CD,METAL,MID CAP,AUTO INDEX etc.

USD/INR---broken out near 47.75 tgt. for intial 46.65 below 46 tgt. 44.50
EUR/USD---tgt. near 1.48
major DOLLAR ---tgt. near 75/74 sl 78 ( trading near 77.65


CRB index in commodity is in breakout position
MSCI index is trading above resitance line

buy copper near MCX-282/270 tgt. 298/305
buy crude oil above 73 dollar in daily basis tgt. near 84 dollar
buy gold @cmp due to fall in dollar
buy commodity at the time of correction or breakout above resitance line of CRB index

[mitu tyagi]

Hi! R.Dibya
Now I am sure the mkt is down,
1. How do I set the targets.(one method is pivot) what else do u use.
2. If u are not bearish then can u justify.

[r.dibya]

as i told before nifty support near 4480-4500 but nifty close near this level. one can go short below 4480 sl 4522 tgt. 4400( strong support) ,below 4400 tgt. 4335-17 but strong support near 4265 level .

but still i am in bullish due to DOLLAR

watch 4265-4335 level --nifty may bounce from this level
short tatasteel @cmp sl 462 tgt.435