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READING THE LINE [DAY TRADERS MIND] - FUTURES ONLY |
rk_a2003
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Joined: 21 Jan 2010
Posts: 2734
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Post: #466  Posted: Fri Jan 03, 2014 3:28 pm Post subject: |
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| amitagg wrote: | | amitagg wrote: | | one full strength stock is Ranbaxy....above 472 it shall touch 500+ in short time.... |
risen Rs 10 since posted  |
Yes, Amit it's a good pick for today.
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amitagg
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Joined: 01 Oct 2013
Posts: 4559
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| Post: #467 Posted: Fri Jan 03, 2014 3:30 pm Post subject: |
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| rk_a2003 wrote: | | amitagg wrote: | | amitagg wrote: | | one full strength stock is Ranbaxy....above 472 it shall touch 500+ in short time.... |
risen Rs 10 since posted |
Yes, Amit it's a good pick for today. |
u missed my point...not only today...till 500-510 hits....a safe bet
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amitagg
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Joined: 01 Oct 2013
Posts: 4559
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| Post: #468 Posted: Fri Jan 03, 2014 6:15 pm Post subject: |
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| amitagg wrote: | | amitagg wrote: | | cox bought in cash at 111...see the rising volumes and moving average crossover....shall exit when better opportunities come by....target and stop loss choose as per any self method |
cox up 5% since posted today....exiting...it can rise to 125... |
now 145 high today....and 134 closing....  did not capitalise.
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amitagg
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Joined: 01 Oct 2013
Posts: 4559
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| Post: #469 Posted: Fri Jan 03, 2014 6:17 pm Post subject: |
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| amitagg wrote: | exited core at small profit and entered Rolta [cash] 73.5...target 78...stop 68.5
today reversal of sideways consol for many days....speculative stock and IT....would gain on upside...look at 5 year chart also for confirmation. |
core education up 8% today....mid caps shall rally unabated
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saumya12
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Joined: 21 Dec 2011
Posts: 1509
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amitagg
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Joined: 01 Oct 2013
Posts: 4559
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| Post: #471 Posted: Fri Jan 03, 2014 10:06 pm Post subject: |
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| thanks....only small qnty....protecting profits more important....shall exit watching the scrip behaviour [break of intra day support, bear candles etc.]
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amitagg
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Joined: 01 Oct 2013
Posts: 4559
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| Post: #472 Posted: Mon Jan 06, 2014 9:33 am Post subject: |
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ranbaxy exiting .....485
core education which i exited earlier up 4% today....
rolta at near cost 74.....despite 200 points Nifty fall....
more and more midcaps shall rise any given day....
jindal saw, mastek, other software small/ mid caps etc..
watch out for Network 18 also...some 18 price....
rolta [targets 80, 100, 120, 190] N18 etc shall double over 6 months-year.....just from watching chart and early breakouts......
eg: rolta shall do 190 from 74 over next year and half.....timing fails in such cases in guessing targets though.....
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amitagg
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Joined: 01 Oct 2013
Posts: 4559
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| Post: #473 Posted: Mon Jan 06, 2014 10:23 am Post subject: |
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network 18 up 4-5% since i posted in morning...6% for the day
traded in and out....
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amitagg
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Joined: 01 Oct 2013
Posts: 4559
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| Post: #474 Posted: Mon Jan 06, 2014 10:32 am Post subject: |
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TV 18 also breaking out...25....see past month / year chart and today day chart....can trade on day chart
core Network Tv 18 up 7-8 percent and can give further 3-4 percent intra day....but to have Sls
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amitagg
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Joined: 01 Oct 2013
Posts: 4559
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| Post: #475 Posted: Mon Jan 06, 2014 2:47 pm Post subject: |
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| amitagg wrote: | TV 18 also breaking out...25....see past month / year chart and today day chart....can trade on day chart
core Network Tv 18 up 7-8 percent and can give further 3-4 percent intra day....but to have Sls |
bought TB 18Broadcast = 25.5 [1/20 qnty] - good spike and channel pattern today....but needs to close for few days above 25.....it strength is not seen over next few days....it will move sideays from 22-25 again
moser baer [as suggested by Vinay] [1/20th qnty] = 3.6
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amitagg
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Joined: 01 Oct 2013
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| Post: #476 Posted: Mon Jan 06, 2014 3:34 pm Post subject: |
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| add TV 18 broadcast at 25.25 levels [multiple of original qtny;]....given the strength till end of day....next target 30
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amitagg
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Joined: 01 Oct 2013
Posts: 4559
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| Post: #477 Posted: Tue Jan 07, 2014 11:17 am Post subject: |
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| amitagg wrote: | | amitagg wrote: | TV 18 also breaking out...25....see past month / year chart and today day chart....can trade on day chart
core Network Tv 18 up 7-8 percent and can give further 3-4 percent intra day....but to have Sls |
bought TB 18Broadcast = 25 [1/20 qnty] - good spike and channel pattern today....but needs to close for few days above 25.....it strength is not seen over next few days....it will move sideays from 22-25 again
moser baer [as suggested by Vinay] [1/20th qnty] = 3.6 |
vinay....moser baer u recommended up 10% today on circuit.....
tv 18 exiting near cost...unable to clear 25 levels
Last edited by amitagg on Wed Jan 08, 2014 11:06 am; edited 1 time in total |
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amitagg
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Joined: 01 Oct 2013
Posts: 4559
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| Post: #478 Posted: Tue Jan 07, 2014 11:35 am Post subject: |
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bought HCl infosys in cash at 23......compute hardware companies gaining.....
now holding rolta [until it hits 80+], hcl infosys [trading], tv 18 broadcast [trading.....but higher return expected],
moser baer [looking for 50% profit on cost since 1/20th qtny means actually 2.5% profit on total earmarked funds]
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amitagg
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Joined: 01 Oct 2013
Posts: 4559
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| Post: #479 Posted: Tue Jan 07, 2014 1:11 pm Post subject: |
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| amitagg wrote: | | amitagg wrote: | | amitagg wrote: | from Reading of Sahil's thread and Vinay's comment on overall bullishness and EW counts [own analysis]
markets "shall reverse [read : high probability]" to "Down" around 8/1/014 - gann day...if it rises "slowly to 6360 [or may be unlikely though to 6415]
given mutliple resistances at
6357 - monthly resistance
6260- top of gap
6339-6343 : previous JT number and other confluences
shall look to add "puts" around 6325-6260.
......if 6325 does not break and 6283 breaks, then be very cautius indeed.....
pls note that calls are not moving higher over a weekly time frame or so.....vix is down and "wait" for vix to rise to have a more trending market.....
dont expect 6500 in Jan 2013 entirely.... since for me 5th extended shall be complete little above 6415 even if rises above 6360....
then fall to 6150 or 6030 or 5790 or 5920.......
then rise to 6700-7300-7800 over February - July 2014....
this is not estimate but EW time and price targets....though approx.
so while i maintain bullish view for next year.....one wave and last wave down is pending.......
pls watch carefully the above...happy trading in new year!!! |
as written yesterday....6400 call now at 74 from 94 booked 50% |
markings in bold few days back....met in terms of price earlier to time......would expect shorts to force retail bull liquidation [through more downside] before kickstarting the "bull run" of 2014 |
behaving exactly as mentioned...i have not traded though this one....
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amitagg
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Joined: 01 Oct 2013
Posts: 4559
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| Post: #480 Posted: Tue Jan 07, 2014 1:18 pm Post subject: |
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in below psot:
i) at 6300 level upside was anticipated till 6360 as happened
ii) first downside target was 6150 as happened
iii) reversal was expected on gann day - 8th Jan tomorrow
now that fall has happened earlier.......i expect short term reversal tomorrow up.....though not sure that entire downside is done...i expect further leg down to 6030-6116 levels.....
if down side happens today, then more likely up day tomorrow
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