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Swing Trading by Gann Methodology |
rameshraja Expert
Joined: 24 Nov 2006 Posts: 1121
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Post: #46 Posted: Thu Jan 24, 2013 1:11 pm Post subject: |
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TECHM Short stop takenout and has become long now above 1008 with Stop at 976 EOD. TGT 1120 |
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gskumar White Belt
Joined: 19 Dec 2011 Posts: 28
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Post: #47 Posted: Thu Jan 24, 2013 1:17 pm Post subject: |
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rameshraja wrote: | TECHM Short stop takenout and has become long now above 1008 with Stop at 976 EOD. TGT 1120 |
Thanks sir |
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rameshraja Expert
Joined: 24 Nov 2006 Posts: 1121
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Post: #48 Posted: Thu Jan 24, 2013 2:36 pm Post subject: |
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PNB fell to 860 from 899 |
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rwdesai White Belt
Joined: 27 Apr 2009 Posts: 94
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Post: #49 Posted: Thu Jan 24, 2013 2:46 pm Post subject: |
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Rameshji, Is this method applicable to commodities too? I have seen many times in metals the retracement in a trend ends at 38% level only and do not go upto 50% level. Is taking position at 38% level ok? |
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rameshraja Expert
Joined: 24 Nov 2006 Posts: 1121
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Post: #50 Posted: Thu Jan 24, 2013 2:58 pm Post subject: |
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rwdesai
No idea as I don't trade in Commodities |
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rameshraja Expert
Joined: 24 Nov 2006 Posts: 1121
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Post: #51 Posted: Thu Jan 24, 2013 3:23 pm Post subject: |
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PNB closer to TGT I of 848.. Current market price 851. PNB Board meeting is on 31st January for Results.. Last few quarters results were not to expectation. However, its advisable to take partial profit around TGT I as stock has fallen sharply by Rs.50 from short level |
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S.S. White Belt
Joined: 09 Feb 2011 Posts: 241
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Post: #52 Posted: Thu Jan 24, 2013 7:27 pm Post subject: |
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sir,
i want to ask you one thing, today's techm future closed at 987.8 day high 1013.5 closing below ur level still its a buy? and sir ur views on midcap banks spl albk and bankindia.
rameshraja wrote: | TECHM Short stop takenout and has become long now above 1008 with Stop at 976 EOD. TGT 1120 |
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rameshraja Expert
Joined: 24 Nov 2006 Posts: 1121
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Post: #53 Posted: Fri Jan 25, 2013 8:14 am Post subject: |
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Hello S.S
I just follow the Gann signals and enter trade. TECHM has takenout short stop and I am long now. If again takesout my long stop, I will wait for couple of days and decide on further trade in the stock.
Bank India appears weak and only close above 370 will reinstate the bullishness.
I don't track Albk.. Remember onething.. when a stock corrects from 190 levels, it tend to take support around 158 and breaking 155, it will face selling pressure and drift further. This I am giving from Gann Vibration Numbers and it applies to any stock / commodity |
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Moody White Belt
Joined: 05 Mar 2009 Posts: 6
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Post: #54 Posted: Fri Jan 25, 2013 9:00 am Post subject: |
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Dear Rameshraja sir,
I need to learn these Gann techniques, vibration number etc.
Would you be by any chance interested in letting us know the details plaese ?
Thank you
Shreyas |
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rameshraja Expert
Joined: 24 Nov 2006 Posts: 1121
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Post: #55 Posted: Fri Jan 25, 2013 9:24 am Post subject: |
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PNB hit TGT I of 848 |
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rameshraja Expert
Joined: 24 Nov 2006 Posts: 1121
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Post: #56 Posted: Fri Jan 25, 2013 11:16 am Post subject: |
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Divis Lab made low of 1005.. what a fall !!!!!! |
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sanju777 White Belt
Joined: 13 Jun 2011 Posts: 87
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Post: #57 Posted: Fri Jan 25, 2013 11:23 am Post subject: |
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Sir ,
Toooo Goood Strategy.......
Very Nice....
Do keep posting levels...
It is of Great help
Sanjay |
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rameshraja Expert
Joined: 24 Nov 2006 Posts: 1121
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Post: #58 Posted: Fri Jan 25, 2013 11:26 am Post subject: |
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ACC nearing TGT II of 1305. CMP 1311.. What a fall !!! 105 rupees fall from short level of 1415.. |
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itc White Belt
Joined: 20 Aug 2011 Posts: 7
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Post: #59 Posted: Fri Jan 25, 2013 11:48 am Post subject: Raymond Query |
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Sir wats ur view on Raymond? |
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rameshraja Expert
Joined: 24 Nov 2006 Posts: 1121
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Post: #60 Posted: Fri Jan 25, 2013 2:53 pm Post subject: |
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LT gave good profit in shorts from 1572 to 1497 before announcing results.
Now after result, it has crossed 1613.. Let it close above 1613 today for going long in the scrip. |
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