


Confluence of the Trifecta is normally a good enough indication for me to enter a trade .. Macro outlook described earlier .. as mentioned after 60 is when this should pick up speed . till then play the levels .
ENTRY 24.30 - 28 SL 23.85 TARGET 57.95 Since this was trending on twitter thought i'd have a quick look at it .( should get some volume due to the interest ) The government owns 60% of it and is planning on offloading 40% this also happens to be THE big boy power generation equipment manufacture so assuming the country's need for demand should increase. Golden...
buy 6.85 sell 14.95 follow up to previous HTF chart really doubt another test of 3.20 but just in case 6.75 SL Nice fat discount at present just buy and forget for a couple of months
Loss of 71 crore helping it hit lower circuit ... on the daily time frame we have 6.85 as support with this making 3.2 as its all time high. Downtrend since December 2007 so some one has been having fun shorting this for the past 13years. Well its time to reverse and start acumalating since this is very near to the apex of the triangle and will break through...
Enough of consolidation and confusing people lets go up MM , one last pull back to 9.35 maybe get front run at 9.40 and then we can take a break at 13.35 . Managed to reclaim support after falling to 7.95 a few days ago to me the entire market is just waiting to break either way and i'd say the only way is up! Everyone is expecting a 2nd wave and a big fall ,...
Hola Folks ! Just playing around with the 30 mins graph since our range has just got tighter on the daily and by the looks of it we are setting up for a big party on Friday Open .(doubt we drag it till Monday expect some profit taking and buy the dip mode from there on ) with the golden cross forming and 10569 next stop. The 200 day on the Weekly chart is...
Penny stocks are so much fun when they have lesser volume , way easier to manipulate . Looks like the shake out of weak hands and 3.90 is where it should start flipping to hitting the uppe circuit again . Following Rolta path as it peaked then pulled back to resume laters . 3IINFOTECH was at the lower circuit this morning and flipped to upper all of a sudden...
Had a nice fall today looks like its setup for tomorrow intra day 98.40 held and bounced from there so quite possibly retest is done . However since on the daily the 50 day is a tad bit lower around 91 so 93.20 is where i expect this sweetheart to bounce and flip 108 for sure before we do the golden cross and zip on by to 122 , 134 Lets see what tomorrow...
All time chart , for some reason i feel this baby shall carry on to make new ATH after this major correction from Jan of 2016 . going to play the levels with this and see how it goes.
Shall put the high time frame chart later. Looking good for targeting 416 next and point of invalidation is quite close as well 352 is the closest support level after which we have 320 . I feel this is going to complete the handle in the cup and handle formation and zip off to the heavens . ( just felt like making a cup and handle ;) it may form something else...
745 First Target Golden cross happening on daily and its consolidating just below resistance ready to break out to the upside. MACD cross on the weekly looks really cool . Levels on Chart.
Quick look at this graph as a request, triple down on your position if you are bag holding. No idea how this bank is doing however am going to assume its not folding for this particular idea. All time graph just looking at it hurts and am sure a lot of people hopped on at 1085 level so a lot of bag holders who did not use risk management and are clinging on to...
Please refer to my earlier HTF chart for the macro outlook This beauty played out perfectly as per earlier trade idea ,now 616 should hold however am hopeful for 564 . Am hopeful our order will be filled because the world is falling apart and frustrations are increasing. protests , armed take overs ,Seattle, Djon etc.. So expecting a lot of volatility and...
616-660 should come soon , with the trifecta confluence on the daily like a traders wet dream !! 21/99 and 200 day MA meeting up for a sweet golden cross. Hope i can get a fill at 419 providing the Nifty dips a wee bit . Nifty is going up too fast for my liking and new money is becoming believers , remember risk mngt is paramount . Low Time frames looks...
Looking for a pull back to 7.55-9.30 or buy on the confirmed break of 11.75 .. Beauty of a chart with a lot of room to grow 27.20 looks realistic and a possible cup and handle formation in play , so 27 is where the major pull back should happen to make the handle around 18.80. No clue what the company does ... just follow the money :)
update on previous graph ... bounced from 50 day and now along with the Nifty should blast its ways through to new All time High's. Bullish engulfing candle makes me feel that the Bear's have given up .
Came down as expected from the 9700 looks to be key here . 200 day acted as resistance and Nifty came back down to refuel and try smash its way up through 9888 where the 50 day is on the 30 mintute , however this zone needs some serious volume to smash its way through since am expecting 10300 and 10500 to be easy if the whales wake up from their weekend hangover...
First target 3030 may pull back to 2414 if you fancy your luck at intra day , however following up to the earlier HTF graph 2793 is probably around where we pull back from our rejection of 3030 . From there i recon its full power ahead as we smash the 200 day and make for 3460. on a side note : good is the enemy of the great ???? what does their motto mean ???