Today's Buy Levels

rajaram.dilipkumar · #**541** 4th September 2007, 11:36 AM

if there is a bearish candle in todays chart it will be a confirmation of evening star formation.....then its time to short.
i want two more confirmation before i go short :
1. todays volume should be higher .
2. todays close ( i want it to close more than half way in to the fridays white body).
The big question is if ?

uasish · #**542** 4th September 2007, 12:55 PM

SL surviving .

uasish · #**543** 4th September 2007, 02:11 PM

SL still surviving.

mojac · #**544** 4th September 2007, 03:04 PM

hi,
Bata looking good for 182

uasish · #**545** 4th September 2007, 03:05 PM

SL still surviving now at 3.05pm.

uasish · #**546** 4th September 2007, 03:34 PM

Quote:

Originally Posted by rajaram.dilipkumar

if there is a bearish candle in todays chart it will be a confirmation of evening star formation.....then its time to short.
i want two more confirmation before i go short :
1. todays volume should be higher .
2. todays close ( i want it to close more than half way in to the fridays white body).
The big question is if ?

In Fut EoD there is no White Candle on Friday;
The position was taken on Intraday Chart on Signals ;where the Criterions are := Exit = (Entry + Entry*0.015) ;
SL at (Entry - Entry*0.004);
As many a times in Back-testing it is being found the Entry gives (+) 3%
from Entry ,hence to be on the safer side i booked 50% Profit & now even if it Hit SL i would not be on Loss in these type of trades.
Incidentally i closed the Trade at Rs 1882.70 at 3.27pm,though it can go still up.

rajaram.dilipkumar · #**547** 4th September 2007, 03:49 PM

Quote:

Originally Posted by uasish

In Fut EoD there is no White Candle on Friday;
The position was taken on Intraday Chart on Signals ;where the Criterions are := Exit = (Entry + Entry*0.015) ;
SL at (Entry - Entry*0.004);
As many a times in Back-testing it is being found the Entry gives (+) 3%
from Entry ,hence to be on the safer side i booked 50% Profit & now even if it Hit SL i would not be on Loss in these type of trades.
Incidentally i closed the Trade at Rs 1882.70 at 3.27pm,though it can go still up.

uasish,

i was talking about nifty not infy....but good that u made money (i couldnt entar as my margin was blocked in other counters) and exited as tomorrow will be very interesting(for nifty).

uasish · #**548** 4th September 2007, 04:02 PM

Sorry i was confused,thought you where refering to Infy,however this is the view of Nifty Fut 5mins TF ;
Where SL = (Entry - Entry*0.0025)
Exit = ( Entry + Entry*.0050 )

rajaram.dilipkumar · #**549** 4th September 2007, 04:39 PM

Quote:

Originally Posted by uasish

Sorry i was confused,thought you where refering to Infy,however this is the view of Nifty Fut 5mins TF ;
Where SL = (Entry - Entry*0.0025)
Exit = ( Entry + Entry*.0050 )

thanks for making me laugh after a long time with every day dal roti

rajaram.dilipkumar · #**550** 4th September 2007, 04:43 PM

Quote:

Originally Posted by uasish

Sorry i was confused,thought you where refering to Infy,however this is the view of Nifty Fut 5mins TF ;
Where SL = (Entry - Entry*0.0025)
Exit = ( Entry + Entry*.0050 )

head and shoulders formation ???..........

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