iCharts Discussions

ali522003 · White Belt Joined: 03 Jul 2010 Posts: 217

wat should be the stop to be followed in acc and tatamotors

nageswararao_v · White Belt Joined: 22 Jul 2010 Posts: 54

Hi Manju,
you are creating miracles by using the weekly charts... wow tata motors giving good profits.

Thanks u,

Nageswara rao

as4manju · White Belt Joined: 22 Mar 2007 Posts: 390

ACC still the call is not triggerd (its cash level 1010) may be one can keep 1030 as a SL and next for tata motors its already down close to 30 rs from 1250 so probable u can trail the SL at 1250 levels..

Note all the level mentioned in the posts are cash levels plz adjust ur FnO trades to those levels

Regards
Manju

as4manju · White Belt Joined: 22 Mar 2007 Posts: 390

Hi,

Its good know theres money being made from work and its not going in vain.. i paid a heafty price to learn on how to read charts in mkt by making huge loss in my trades long time ago Razz

as some one said the first step of making money in mkt is to loose money .. i ll keep my posting going.. 2guns

Regards
Manju

ali522003 · White Belt Joined: 03 Jul 2010 Posts: 217

manju bhai there is one soft request that please post the value of stop loss. if possible

as4manju · White Belt Joined: 22 Mar 2007 Posts: 390

Hi Ali,

Most of my calls are for positional trades and the concept of stop loss is about money mangement and how much ur willing to loose i use 1:3 ratios and this wat i m willing to loose but if u take up this ratio for a intra day trade u might end up paying huge loss with ur SL hitting intra day and call still reaching the tgt next day .. so the simple way to do is look for perivious supports or resistance in the charts i post a SL..
Still ur point is vaild i ll try to post the possible SL ...

Regards
Manju

ali522003 · White Belt Joined: 03 Jul 2010 Posts: 217

your acc support are realy acting good

SAKLECHA · White Belt Joined: 26 Jan 2010 Posts: 333

HAI MANJU,

Tata motors- the sock is nearing a important support level of 1350 below which it can to 1200-1150 levels..

YESTERDAY'S CLOSE WAS 1261...............DID U POST THIS BEFORE..........

as4manju · White Belt Joined: 22 Mar 2007 Posts: 390

Hey sorry that was a typo error it should have been 1250.. my mistake Sad

as4manju · White Belt Joined: 22 Mar 2007 Posts: 390

Forgot to post the call on Sail morning peolple having position in sail need to be cautios as stock below 177 can be in a free fall mode.. there is a small HnS formation on the charts as well as it ll be breaking a channel formation

Regards
Manju

mohan.g · White Belt Joined: 07 Jul 2010 Posts: 11

[hai ....very nice post manju sir ......... clap2

deepakms · White Belt Joined: 13 Aug 2009 Posts: 194

ACC breaks 1010 (spot)............. bash

girishhu1 · White Belt Joined: 17 Aug 2009 Posts: 316

i think levels quoted are eod/close basis. be cautious
regards,
girish

deepakms · White Belt Joined: 13 Aug 2009 Posts: 194

Thnx Girish,Will keep that in mind ,I also keep track of SS 39 (chrome stratergy) and if the close happens below 1010 as specified and the SS39 is below 50% line(EOD) ...ACC should fall further.

Deeppak

as4manju · White Belt Joined: 22 Mar 2007 Posts: 390

PFC hits Tgt1 of 290 and chart pwoer is finanicing the stock to 285

.....

BPCL nearing 600 soon hope the petrol doesnt dry up

..

Tata motors had a break fail

and tgt1 1200 reached and need to see whether 1150 can hold it from further..

Acc has broken 1010 need to see how strong is the cement

...