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RUNNING WITH THE WOLVES |
peace69
White Belt
Joined: 27 Aug 2009
Posts: 113
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Post: #271  Posted: Wed Aug 17, 2011 12:13 pm Post subject: |
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| peace69 wrote: | | hi. although anand has clarified invalidity of this in SB, i'm posting this ww with bearish implication on 15 TF. it's symmetricality is good as per required. although TL r not converging as preffered. it's parralel. please, comment if it's valid or not with reasons. Anand, it's lower low on pt 1-3-5 as u mentioned. although gap between pt 3 & 5 is small compare to pt 1 & 3. is it matter? please clarifi for sake of me & learners of this pattern. regards. |
ooops. avoid last query on Nifty Fut bearish WW 15 TF. just realise TL must rising for bearish implication. sorry. regards.
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sumesh_sol
Brown Belt
Joined: 06 Jun 2010
Posts: 2344
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| Post: #272 Posted: Thu Aug 18, 2011 9:51 am Post subject: Coalindia |
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Coalindia ..15tf..
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Despite of its no.1 news, charts tell something else... As per ww theory its due for small correction...
This is what I could understand... Please use your own judgement...
Regards,
Sumesh
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #273 Posted: Thu Aug 18, 2011 10:41 am Post subject: |
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Sumesh Congrats!
Your first target almost reached. This is what a technical trader is.
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sumesh_sol
Brown Belt
Joined: 06 Jun 2010
Posts: 2344
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| Post: #274 Posted: Thu Aug 18, 2011 10:56 am Post subject: |
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| rk_a2003 wrote: | Sumesh Congrats!
Your first target almost reached. This is what a technical trader is. |
Hi rk,, what a pity I could not cover at lower level as ICICIdirect site crashed. !!! I covered it at 395 later... a (virtual) loss of 3000 ! 
Anyways, Thanks to JJM who introduced me to this wonderful world of WW...
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sumesh_sol
Brown Belt
Joined: 06 Jun 2010
Posts: 2344
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| Post: #275 Posted: Thu Aug 18, 2011 1:56 pm Post subject: ARVIND |
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ARVIND ..5tf.
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For a gain of ~ 2 rs. and a SL of 50 ps. (65.75)..
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GHAISAS
White Belt
Joined: 01 Feb 2010
Posts: 349
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| Post: #276 Posted: Thu Aug 18, 2011 2:18 pm Post subject: |
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sumesh_sol,
Thanks for your posting - but how to keep tract of so many stocks when WW is under formation? Any clue?
Kindest regards,
Rajendra Ghaisas.
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sumesh_sol
Brown Belt
Joined: 06 Jun 2010
Posts: 2344
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| Post: #277 Posted: Thu Aug 18, 2011 2:24 pm Post subject: |
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| GHAISAS wrote: | sumesh_sol,
Thanks for your posting - but how to keep tract of so many stocks when WW is under formation? Any clue?
Kindest regards,
Rajendra Ghaisas. |
Rajendra bhai, I have a list of around 10 stocks which I monitior regularly..
Apart from that I also watch for the 10 ten gainers/Loosers for any possible trade... I know it is clumsy and many people differ on this , but that's the way I do it...
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sumesh_sol
Brown Belt
Joined: 06 Jun 2010
Posts: 2344
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| Post: #278 Posted: Thu Aug 18, 2011 4:39 pm Post subject: KPIT |
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KPIT..60tf..
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This has potential to give a bullish ww ...
We MUST wait for a (fake) breakout on downside and reentry into channel again for initiating Long...
Any modification / Comments are welcome in this setup... ! (Let us jointly win the game..)
Regards,
Sumesh
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aromal
White Belt
Joined: 22 Mar 2010
Posts: 302
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| Post: #279 Posted: Thu Aug 18, 2011 5:27 pm Post subject: Re: KPIT |
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| sumesh_sol wrote: | KPIT..60tf..
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This has potential to give a bullish ww ...
We MUST wait for a (fake) breakout on downside and reentry into channel again for initiating Long...
Any modification / Comments are welcome in this setup... ! (Let us jointly win the game..)
Regards,
Sumesh |
 nice chart sumesh bhai...... every day i check your updates in this section......... please keep posting......
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GHAISAS
White Belt
Joined: 01 Feb 2010
Posts: 349
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| Post: #280 Posted: Thu Aug 18, 2011 6:27 pm Post subject: |
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sumesh_sol,
Thanks for your guidance - particularly 10 gainers and losers. Also your tip on waiting till price re-enters after a false breakout. Great.
Rajendra Ghaisas.
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jjm
White Belt
Joined: 17 Mar 2010
Posts: 411
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #282 Posted: Thu Aug 18, 2011 7:19 pm Post subject: |
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| jjm wrote: | Dear All
JJM |
JJM!
I am not able to get your message from this chart, sorry! could you please add your comments.
Thanks!
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #283 Posted: Thu Aug 18, 2011 8:08 pm Post subject: |
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WW formation in RCOM?. Is it a qualified WW?
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sumesh_sol
Brown Belt
Joined: 06 Jun 2010
Posts: 2344
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| Post: #284 Posted: Thu Aug 18, 2011 8:11 pm Post subject: BHARATFORG ..eod ww |
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BHARATFORG..eod..
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It seems to have made bullish WW already, Given the market sentiments, I will enter half at present level and half near 265....
SL is close below 260 and target is 360+.. So it is a 1:4 R/R trade.. Worth trading.. !!
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sumesh_sol
Brown Belt
Joined: 06 Jun 2010
Posts: 2344
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| Post: #285 Posted: Fri Aug 19, 2011 3:51 pm Post subject: Re: KPIT |
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| sumesh_sol wrote: | KPIT..60tf..
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This has potential to give a bullish ww ...
We MUST wait for a (fake) breakout on downside and reentry into channel again for initiating Long...
Any modification / Comments are welcome in this setup... ! (Let us jointly win the game..)
Regards,
Sumesh |
KPIT has successfully managed to enter into channel. (I was out during last 30minutes, so could not buy !). Will try to catch it around 149-150 level now...
However, SL has become larger than expected (140) and Target is 170, so it is still 1:2 R/R...,
Let's see what happens now.. !
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