New Intermed Uptrend!!

ragh_ash · #**1001** 4th October 2005, 11:19 AM

thx a MILLION,
Saint u r a mydear person.
hopefully i am able to apply all this learning and make my first Million
regards
ragh_ash

dinkerj · #**1002** 4th October 2005, 11:22 AM

Quote:

Originally Posted by karthikmarar

Dinker Jha

Somehow I always thought there was a "i" at the end....dinkerji at tragerji.......and to tell the fact, I used think that this man has the audacity add "ji" to his name.....

. It is nice to have you around in this forum, JHA..

warm regards

karthik

lol karthik !

xtiger · #**1003** 4th October 2005, 11:31 AM

Saint, one advise required. I entered ABB at 1785. But now its trading at 1720-1730. Shall I sell it. Any possibility of crossing 1785 in near term in TA. Thanks in advance

Saint · #**1004** 4th October 2005, 11:44 AM

Quote:

Originally Posted by silverbyte

The monthly charts of VSNL look like a cup-n-handle formation - what do seniors think? Is it a good buy for medium term hold?

Hi Silverbyte,

Correct as per the pattern..........nice!!But the expected breakout on the monthly charts have come and targets achieved.............the trade off that particular pattern is over.If you got it at the breakout,it's a HOLD,no reason to dump it yet.............If you are planning an entry,you may get in once there is a pullback,or another pattern,etc...........but not because there was a particular pattern some time back.

The pattern was sweet,the trade was sweet,but that trade is over........any buy now is a new trade!

Happy Trading!!
Saint

ssnkumar · #**1005** 4th October 2005, 12:01 PM

Quote:

Originally Posted by saint

Hi Narendra,

Went up big time before this rather painful pullback.....has come down nearly 35% from the top.Expect more correction in the near future as the monthly charts correct.Overall,in a very strong primary uptrend........if a long term player,this one is looking good for higher prices,but not before some more pullback.

Happy Trading!!

Saint

Hi Saint,

Thanks for the info.
I have decided to sell it and re-buy it later.

Regards,
Narendra

Saint · #**1006** 4th October 2005, 12:11 PM

Quote:

Originally Posted by ragh_ash

thx a MILLION,
Saint u r a mydear person.
hopefully i am able to apply all this learning and make my first Million
regards
ragh_ash

Hi Ragh_ash,

Thanks for those very kind words........most appreciated.For now,concentrate on making perfect trades,......right stop loss,entry,profits,etc.........don't worry about the millions,they'll follow.

Your concentration now is to make those ideal trades again and again........your concentration now is to take your stops if the trade goes against you.......your concentration now is to be disciplined and let your profits run.........the concentration now is on the TRADE,not on the MONEY.

First have a Trading Journal,write down your daily trades,entry points,exits,what was the reason for entering that stock,and what you should have done and didn't do..........

Every trade is a success even though you lost a little money when stops get hit.That lucky trade where you took a gamble and won......although you made a neat amount,treat that trade as a failure in following your rules(today,enjoy it......but do it again and again,and the market will destroy you!).

Focus now on that ideal trade........the focus now is not on the money made.When your trading disciplines are in order,and you do it again and again,cutting your losses and riding the trends..........watch Money run after you.Your millions will come,my friend............for now get your strategies and disciplines in order,and your millions will come.

Happy Trading!!
Saint

jaideep · #**1007** 4th October 2005, 12:17 PM

Quote:

Originally Posted by saint

......For now,concentrate on making perfect trades,......right stop loss,entry,profits,etc.........don't worry about the millions,they'll follow....
..............

Happy Trading!!
Saint

Perfect advice Saint. Absolute top-drawer stuff.

Saint · #**1008** 4th October 2005, 12:21 PM

Quote:

Originally Posted by xtiger

Saint, one advise required. I entered ABB at 1785. But now its trading at 1720-1730. Shall I sell it. Any possibility of crossing 1785 in near term in TA. Thanks in advance

Hi xtiger,

That pullback in ABB looks good for higher prices......think it's the time to Buy rather than to sell.The support area of 1700 is holding thus far......no reason to sell on longer term charts as well.Looks good .......is a HOLD .

Happy Trading!
Saint

Saint · #**1009** 4th October 2005, 12:31 PM

Quote:

Originally Posted by jaideep

Perfect advice Saint. Absolute top-drawer stuff.

Hi Jaideep,

Kind words,my friend..........most appreciated!

Saint

Saint · #**1010** 4th October 2005, 12:36 PM

Quote:

Originally Posted by saint

DR REDDY's if it can put in a weekly close over 880 starts a new uptrend.For now a wait and watch ..........

Saint

...........now in a confirmed uptrend,more so if we close over the 880 by the end of the week.

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The Following User Says Thank You to Saint For This Useful Post:
jraj (28th July 2008)