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New Intermed Uptrend!!

Discuss New Intermed Uptrend!! at the Position Trading Stocks within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by Saint Holding back half of BOM DYE overnight....stop loss at the low ...


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  #4121  
Old 22nd April 2008, 12:05 PM
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Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by Saint View Post
Holding back half of BOM DYE overnight....stop loss at the low of today.

Saint
Raising back half stop of BOM DYEING to 60min pivot low of 840.

Saint
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  #4122  
Old 22nd April 2008, 12:07 PM
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Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by rakeshluthra430 View Post
Same for Brigade Enterprise???
Ah,nice one......missed this one.


Well done,Rakesh!

Saint
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  #4123  
Old 22nd April 2008, 12:22 PM
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Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by Saint View Post
Ah,nice one......missed this one.


Well done,Rakesh!

Saint
...which means I am learning well... another curious trade I feel can be Rajesh Expo when it moves above 91.05... my only attraction here is a very small stop loss (at 85.40)??
Is that a correct observation sir???
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  #4124  
Old 22nd April 2008, 12:30 PM
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Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by rakeshluthra430 View Post
...which means I am learning well... another curious trade I feel can be Rajesh Expo when it moves above 91.05... my only attraction here is a very small stop loss (at 85.40)??
Is that a correct observation sir???
Ah,and a big attraction........nice one,Rakesh......not to forget that it's not an intermediate uptrend,so basically you are looking for the breakout and exitting at 105-107 area.

That's it for now........once the weekly starts looking juicy,then time for pivots to come into play using weekly as backround,and daily as the play.

For now,we are playing the daily uptrend with a weekly that is not yet there........Nice,Rakesh.Great going!

Saint

ps:Got in as well.
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  #4125  
Old 22nd April 2008, 12:36 PM
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Default Re: New Intermed Uptrend!!

One scratchy chart in RANBAXY on daily and weekly.....but yummy on the monthly.........If this month holds up here,it's just kicked in a Primary Uptrend.Entered some at 480 few days back,and looking to add more later.

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  #4126  
Old 22nd April 2008, 01:02 PM
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Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by Saint View Post
so basically you are looking for the breakout and exitting at 105-107 area.


Saint

ps:Got in as well.
Didnt quite get you there... I thought we shd add when it takes out the prev top of 113??
Am i missing out something?
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  #4127  
Old 22nd April 2008, 01:08 PM
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Default Re: New Intermed Uptrend!!

Hi Saint,

How is sesagoa looking on charts ? is it better to carry forward the position to next day today . Please let me know.

Thanks,
Nagendra
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  #4128  
Old 22nd April 2008, 01:22 PM
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Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by rakeshluthra430 View Post
Didnt quite get you there... I thought we shd add when it takes out the prev top of 113??
Am i missing out something?
Previous pivot high now stands at 95-ish,buy here with stops barely a few Rs away,add over that pivot high of 95-ish,look to exit at the point where there is resistance on the weekly charts.....or if daily pivots crack.

Not to forget,daily is in an uptrend,Weekly is in a Downtrend as no confirmation as yet.............You are trading the daily uptrend fully knowing that a down slide is waiting for you soon.The real beauty trades come in when that down swing makes a higher pivot low on the weekly.........For now,all you have is an uptrend on the daily.


Saint
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  #4129  
Old 22nd April 2008, 01:32 PM
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Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by nagendra_gb View Post
Hi Saint,

How is sesagoa looking on charts ? is it better to carry forward the position to next day today . Please let me know.

Thanks,
Nagendra
Can't enter here.......let's see how it behaves during a pullback.

Saint
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  #4130  
Old 22nd April 2008, 01:34 PM
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Default Re: New Intermed Uptrend!!

Out half Parsvanath at 223 on Futures (+22,one contract=700)

Saint
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