iCharts Discussions

ConMan · White Belt Joined: 06 Aug 2008 Posts: 344

5 mins....

ConMan · White Belt Joined: 06 Aug 2008 Posts: 344

6 trades

4 in profit....
2 in loss

ajit123 · Posted: Sun Jul 19, 2009 12:38 pm Post subject: hello

hi bullishanand
i am happy to see you making profits consistently.keep it up.
best wishes.
thanks

ConMan · White Belt Joined: 06 Aug 2008 Posts: 344

tks...

ajit123 · Posted: Sun Jul 19, 2009 8:19 pm Post subject: hello

hello bullishanand

buy sterlite tomorrow for atarget of 630 with a stop of 570.
thanks

ajit123 · Posted: Wed Jul 22, 2009 8:49 pm Post subject: hello

hi
we reached 630 in sterlite today.three days trade.
thanks

ConMan · White Belt Joined: 06 Aug 2008 Posts: 344

Hi Ajit

Truly wonderful tool....got 85 pts today....

vinst · Black Belt Joined: 09 Jan 2007 Posts: 3303

NF 30min bars showed a long setup today with bar ending 14:00 being setup completion. Long was triggered during 14:30 bar as NF went above high of 13:30 bar.

EDIT: long triggred and gave 25 points.

regards,
vin

ajit123 · Posted: Mon Jul 27, 2009 8:36 pm Post subject: hello

hi vinst,
i am doing it daily on smaller tfs.
good standalone technique,dear.
one has to wait for it to develop and then fire.
nifty a good trade on it.
thanks

gautammohapatra · White Belt Joined: 04 Mar 2008 Posts: 21

Ajit Sir,

I tried your method on banknifty today. Chart enclosed. Hope I took correct trades. Kindly guide.
Thanks
Gautam

aravindswamy · White Belt Joined: 31 Jul 2008 Posts: 20

Gutam sir,
Excellent rev momentum, u got good points, pl let me know SL level of 0.3%, how u have arrived, thanks hats off to you.

aravindswamy

gautammohapatra · White Belt Joined: 04 Mar 2008 Posts: 21

Hello Aravind
Thankyou for your kind words. Regarding SL -- 0.3% has been recommended by Ajit Sir. Please go thru his previous posts in this thread. You can take a mean value of Banknifty say 7250 and calculate 0.3% which is around 22 points. You need not change this SL very often.
Trade well
Gautam

ajit123 · Posted: Thu Aug 13, 2009 7:34 am Post subject: hi

hello gautam,
let me say sorry for my late response.
yes, the trades are well identified. i have a target of 75 points in banknifty,and always book between 60 - 75 points.regarding stops it should be .3% of the trade value. i.e. if you buy nifty at 4000 itshould be minus 12 points which comes out to be 3988, target is 4025.
hope that doubts are clear now. wait for the setup to completely develop then only enter the trade.
thanks.

gautammohapatra · White Belt Joined: 04 Mar 2008 Posts: 21

Thankyou Ajit Sir,
I trailed stops so got more than 75 points. Will keep this target in mind for BNF. How do you estimate targets in different scripts?
Gautam

Ravi_S · Yellow Belt Joined: 15 Jun 2009 Posts: 569

Ajit

I've just marked some entries and exits based on your technique only for buy indicators. Please let me know if this is fine.

Regards
Ravi