WolfeWave Swing Calls

[kargocu]

dear friend findvikas,

Is this layout a possible bearish Wolf Wave pattern setup???

Your comments are really valuable for me so,

I need your comments as soon as possible....

Take care and good luck....

 

[findvikas]

No... not according to me

 

[findvikas]

Here is an update after 2.5 months and I am closing all the positions as I wont be able to track them.

ACC 8.5% loss
ASHOKLEY 17% loss
GLAXO 8% loss
SUNPHARMA at cost


BPCL 49% gain
HINDPETRO 68% gain
INFOSYSTCH 6% gain
BHARATFORG 15% gain
GESHIP 14% gain
HCLTECH 8% gain
PETRONET 3% gain
POLARIS 12% gain
PRAJIND 8% gain

Even after 1:1 leverage these stocks managed to outperform the Nifty. I will see if I get any such gems in future and list them here, just little busy with work now after a long vacation with family

Buy ACC 910, Target 1000
Buy BPCL 475, Target 650
Buy HINDPETRO 290 - 295 , Target 410
Buy Infosys 2700 , Target 2940 - 3000


Sell AshokLey 59, Target 53 - 50
Sell BharatForg 295 , Target 245 - 235
Sell GESHIP 345 - 350, Target 245 - 240
Sell Glaxo 1925 - 1950 , Target 1700
Sell HCLTECH 390 - 395 , Target 330 - 325
Sell PetroNet 84 - 89 , Target 65 - 60
Sell Polaris 190-195, Target 165-160
Sell Prajind 87 , Target 80-78
Sell Sunpharma 1750 - 1800 , Target 1300 - 1250



I am not quiet active these days on the forum and got some time to do a quick study of EOD charts... these are looking some good trades to me. I have intentionally not placed any SL and I would let you decide on the basis of your risk taking capabilities.

These calls are on the basis of EOD charts so might take some time to come and I would recommend to play with 1:1 leverage if you really have to otherwise just monitor it for performance.

I may not be able to answer your questions/queries in time.