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WW ON EOD CHARTS |
vishyvaranasi
Green Belt
Joined: 11 Jul 2011
Posts: 1159
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Post: #616  Posted: Thu Feb 20, 2014 3:26 pm Post subject: |
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| rk_a2003 wrote: | | A -ww in Apollo Tyres EOD chart.One can buy puts for a possible target of around 115 by expiry. |
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RK,
Couldnt find any -WW. More over the stock is up by 3% today.
Vishy
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #617 Posted: Thu Feb 20, 2014 3:30 pm Post subject: |
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| vishyvaranasi wrote: | | rk_a2003 wrote: | | A -ww in Apollo Tyres EOD chart.One can buy puts for a possible target of around 115 by expiry. |
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RK,
Couldnt find any -WW. More over the stock is up by 3% today.
Vishy |
You include today's candle also you will find one in chart by ignoring some wicks. Yes,it is not a traditional call after COG.It's a call given for expiry. One should buy suitable put and forget.possibility of getting profit by expiry is bright.  Bought 117.5 Fib PE for 0.65 at todays bottom. No Stop loss.
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vishyvaranasi
Green Belt
Joined: 11 Jul 2011
Posts: 1159
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| Post: #618 Posted: Thu Feb 20, 2014 3:41 pm Post subject: |
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| rk_a2003 wrote: | | vishyvaranasi wrote: | | rk_a2003 wrote: | | A -ww in Apollo Tyres EOD chart.One can buy puts for a possible target of around 115 by expiry. |
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RK,
Couldnt find any -WW. More over the stock is up by 3% today.
Vishy |
You include today's candle also you will find one in chart by ignoring some wicks. Yes,it is not a traditional call after COG.It's a call given for expiry. One should buy suitable put and forget.possibility of getting profit by expiry is bright. Bought 117.5 Fib PE for 0.65 at todays bottom. No Stop loss. |
Gambler's call 
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #619 Posted: Thu Feb 20, 2014 3:43 pm Post subject: |
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| I don't think so....let us see.
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rk_a2003
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vishyvaranasi
Green Belt
Joined: 11 Jul 2011
Posts: 1159
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| Post: #621 Posted: Thu Feb 20, 2014 4:27 pm Post subject: |
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| rk_a2003 wrote: | Vishy, look at this chart and tell me ...you still think it's a gamble call?.  .I will not wonder even if it goes to 108 by expiry. |
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Hi RK,
Taking the other 2 points(CCI,RSI) into consideration. I agree. But today the hi was 124.90 which is the Hi in the whole setup. Generally we take once the COG comes into effect. But seeing the the CCI and RSI, yest we will be tempted to take up the trade . So i take 50 % of my words back RK.
But there seems to be difference btw my chart and that of yours posting mine.Lets see.
Vishy
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vishyvaranasi
Green Belt
Joined: 11 Jul 2011
Posts: 1159
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| Post: #622 Posted: Thu Feb 20, 2014 4:30 pm Post subject: |
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HI Rk,
Posting the chart
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #623 Posted: Thu Feb 20, 2014 4:58 pm Post subject: |
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| vishyvaranasi wrote: | | rk_a2003 wrote: | | Vishy, look at this chart and tell me ...you still think it's a gamble call?. .I will not wonder even if it goes to 108 by expiry. |
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Hi RK,
Taking the other 2 points(CCI,RSI) into consideration. I agree. But today the hi was 124.90 which is the Hi in the whole setup. Generally we take once the COG comes into effect. But seeing the the CCI and RSI, yest we will be tempted to take up the trade . So i take 50 % of my words back RK.
But there seems to be difference btw my chart and that of yours posting mine.Lets see.
Vishy |
You forgot most important factor that is expiry. My trade is with a risk reward of 1:4 minimum and a max of 1:15 that's one more reason for taking it up.
In Auropharma.The next day of my post we bought 500 PE 2 lots for 14.65 and sold them at 22 and 28 with in few days.Let us see what happens this time.
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saumya12
Brown Belt
Joined: 21 Dec 2011
Posts: 1509
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| Post: #624 Posted: Thu Feb 20, 2014 7:36 pm Post subject: |
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Sorry friends
Not convinced with the charts of ApolloTyre posted by you.
I have not yet received the daily IEOD, but posting the chart of another source. The target will be around 111.
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #625 Posted: Fri Feb 21, 2014 7:46 pm Post subject: |
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Updates on Apollotyre.
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aneja100
White Belt
Joined: 13 Sep 2009
Posts: 34
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| Post: #626 Posted: Sun Feb 23, 2014 2:07 pm Post subject: CoalIndia_23022014_EOD |
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Attached is coal india daily chart. is it a valid +ww?
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Download |
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coalIndia_23022014_EOD.doc |
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #627 Posted: Tue Feb 25, 2014 6:00 pm Post subject: |
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| Stop loss triggered in Apollo tyre.
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amitagg
Black Belt
Joined: 01 Oct 2013
Posts: 4559
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| Post: #628 Posted: Tue Feb 25, 2014 6:47 pm Post subject: |
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| rk_a2003 wrote: | | Stop loss triggered in Apollo tyre. |
Stop losses triggers for real traders (cool ones like you)...(Many reading this may be masked ones) ..btw..have seen some possible ww being posted failing (as do "most succeeding) like wipro, etc...posted by various members...move back into the 1-3-5 line with volume? Important for success of pattern (may be)...otherwise as someone posted recently..I think sumesh.sol that "overextension" is not favourable for ww ...but "put buying" as u did was great idea enough!!! Than selling futures....
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #629 Posted: Tue Feb 25, 2014 8:26 pm Post subject: |
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| amitagg wrote: | | rk_a2003 wrote: | | Stop loss triggered in Apollo tyre. |
Stop losses triggers for real traders (cool ones like you)...(Many reading this may be masked ones) ..btw..have seen some possible ww being posted failing (as do "most succeeding) like wipro, etc...posted by various members...move back into the 1-3-5 line with volume? Important for success of pattern (may be)...otherwise as someone posted recently..I think sumesh.sol that "overextension" is not favourable for ww ...but "put buying" as u did was great idea enough!!! Than selling futures.... |
No worries Amit . It's part of the trading game.As of now it seems the breakout upside is in full force. Today 7 million traded with nearly 50% delivery volumes. This bullishness may continue for some more time.
But I am going to track this -ww set up as the overshoot is not yet reached the limit.
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amitkbaid1008
Yellow Belt
Joined: 04 Mar 2009
Posts: 540
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| Post: #630 Posted: Tue Feb 25, 2014 10:49 pm Post subject: |
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| rk_a2003 wrote: | | amitagg wrote: | | rk_a2003 wrote: | | Stop loss triggered in Apollo tyre. |
Stop losses triggers for real traders (cool ones like you)...(Many reading this may be masked ones) ..btw..have seen some possible ww being posted failing (as do "most succeeding) like wipro, etc...posted by various members...move back into the 1-3-5 line with volume? Important for success of pattern (may be)...otherwise as someone posted recently..I think sumesh.sol that "overextension" is not favourable for ww ...but "put buying" as u did was great idea enough!!! Than selling futures.... |
No worries Amit . It's part of the trading game.As of now it seems the breakout upside is in full force. Today 7 million traded with nearly 50% delivery volumes. This bullishness may continue for some more time.
But I am going to track this -ww set up as the overshoot is not yet reached the limit. |
rk_a2003
What you posted as -WW is not real WW setup because in your chart wedges are not formed (i.e. trend lines are converging enough to produce expected arrival)
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