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Spike and Channel |
udaysahai White Belt
Joined: 01 Feb 2011 Posts: 105
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Post: #91 Posted: Sun Nov 03, 2013 5:50 pm Post subject: Spike and Channel |
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Hi all the iChartians, I am only a registered member of this site and I must say I have learned a lot from many posts, but since I am new I don't know the origins of certain topics like this one, Spikes and Channel, could amitagg be kind enough to repeat the same please.. Thanks and very happy diwali to one and all, salutes to Rita Pandit for her accurate levels and thanks. I hope to learn more from you guys.
Happy and PROFITABLE muhurt trading.....
udaysahai |
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ritapandit25 Black Belt
Joined: 04 May 2013 Posts: 2926
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Post: #92 Posted: Mon Nov 04, 2013 1:06 pm Post subject: Re: Spike and Channel |
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udaysahai wrote: | Hi all the iChartians, I am only a registered member of this site and I must say I have learned a lot from many posts, but since I am new I don't know the origins of certain topics like this one, Spikes and Channel, could amitagg be kind enough to repeat the same please.. Thanks and very happy diwali to one and all, salutes to Rita Pandit for her accurate levels and thanks. I hope to learn more from you guys.
Happy and PROFITABLE muhurt trading.....
udaysahai |
Thanks udaysahai, Happy Diwali. |
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udaysahai White Belt
Joined: 01 Feb 2011 Posts: 105
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Post: #93 Posted: Wed Nov 06, 2013 12:18 pm Post subject: |
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Hi amitji, your views on HDFC and IDFC....
Thanks |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #94 Posted: Wed Nov 13, 2013 9:59 am Post subject: |
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watch idea & r com today for spike and channel....i have bought at 134 and 166 for day trade already based on other factors |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #95 Posted: Wed Nov 13, 2013 10:21 am Post subject: |
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not 'much' profit expected vis a vis market risk ....can sell for trading profits....holding short biocon and added short at 383 |
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udaysahai White Belt
Joined: 01 Feb 2011 Posts: 105
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Post: #96 Posted: Wed Nov 13, 2013 10:28 am Post subject: |
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Amitji, what about Zee???Pl post your views.Thanks |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #97 Posted: Wed Nov 13, 2013 10:37 am Post subject: |
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though stock is bullish but it behaves differently each day....no exact pattern for me since spike till 9.20 ...i want all spikes for till 10.00 am or so....but sideways consol afte spike is bullish anyways...stock can give whipsaws |
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udaysahai White Belt
Joined: 01 Feb 2011 Posts: 105
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Post: #98 Posted: Thu Nov 14, 2013 12:16 pm Post subject: |
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Thanks for Zee views, today is Idea showing the same trend?
Thanks and best regards. If yes then your levels pl...otherwise also your views... |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #99 Posted: Thu Nov 14, 2013 2:45 pm Post subject: |
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was away...u can see...i posted yesterday that idea or rcom shall form spike and channel...idea did today....it also broken above sideways consolidation......for me now all longs should exit..
zee also behaved as told...whipsawed...i dont trade, zee, IDFC, United Spirits usually.... |
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udaysahai White Belt
Joined: 01 Feb 2011 Posts: 105
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Post: #100 Posted: Mon Nov 18, 2013 11:18 am Post subject: |
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Good morning Amitji, any new ideas.....I am following this thread and I sincerely hope that you post your views regularly
Thanks and best regards |
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rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
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Post: #101 Posted: Mon Nov 18, 2013 1:21 pm Post subject: |
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Have a look at IFCI. |
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udaysahai White Belt
Joined: 01 Feb 2011 Posts: 105
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Post: #102 Posted: Mon Nov 18, 2013 1:26 pm Post subject: |
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Let us wait for experts views.. |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #103 Posted: Mon Nov 18, 2013 2:50 pm Post subject: |
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was away from market ..since now holding positional Nifty short....
ifci - lookinggood on charts above 24.5....
i dont call it pattern though since spike only for 15 min till 9.30....nevertheless a sure buy
by the way, RK comes good on most predictions / analysis
also i was unable to track pattern regularly but it do forms...like yesterday PFC was one.....though it broke today as expected etc |
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udaysahai White Belt
Joined: 01 Feb 2011 Posts: 105
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Post: #104 Posted: Mon Nov 18, 2013 3:33 pm Post subject: |
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RKji, you came good on IFCI , great observation keep up the good work..
best regards |
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amitagg Black Belt
Joined: 01 Oct 2013 Posts: 4559
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Post: #105 Posted: Mon Nov 18, 2013 10:05 pm Post subject: |
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check for crompton tomorrow...immediate target 112...stop 104...current 108-109..chart attached |
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