Swing Trade tips with 98% accuracy!!!

Re: The Third Recommendation

Hey Preethi21,

I got a new SL and Target for you. SL = 791, Target 500. Hope this risk:reward flips better than your coin. :lol:

Secondly, try to read 701 just on the right side of 745. My mistake, next time i shall improve my font size.

Do you think a stop loss is any random number that comes to our mind?? In this case i dont find any resistance level below 830 where i could place a Stop Loss.

If you feel these recos dosent suit your portfolio, you should strictly avoid visiting this thread. Thanks!!!

Re: The Third Recommendation

You have given two targets , and not mentioned what to do if 1st target hits?

second thing if the second target is 701
then also risk:reward is near 2
but risk:reward 2 is not bad,
So target is 701 , lets see your 98% accuracy :thumb:

about visiting this thread ,
you yours self claim that its 98% accuracy
so lots of que will arise , if you have no guts to face it , you stop this thread or change it to 25%

Re: The First Recommendation

Scrip Name: LML
Buying Price: Strictly above 11.50.
Stop Loss: 11.20
Target: 13.70/15.50
Holding Period: 3-5 days after Buying.

Hi sir,
Did the stock achieve its target?
regards

One simple & basic question, while using chart for Swing Trading, for me, with BB what other indicators should be used?

You should check the Bollinger Bands thread for these details. There are various setups which can be built around BBs. You can combine them with RSI, moving averages, Stoch, etc.

Here comes the profit report of my recos:

LML bought @ 11:50, achieved Target @ 13.60 on 23rd Dec '10.
Profit = 18.26%

SBIN bought @ 2700, achieved its Target @ 2850 on 3rd Jan' 11.
Profit = 5.5%

TATAMTDVR sold @ 790, achieved its Target @ 745 on 7th Jan'11.
Profit = 6%

Total = 30% in 3 weeks.

Sorry folks, these days i am not getting enough time to come up with new recos. I shall shortly start my website where i would be posting these recos regularly. Thanks!!!

Waiting!!!!!!

regards

Will the recos be free or otherwise??

regards

No more update till date!!!!!
regards

The Fourth Recommendation

Seeing the Global & Indian markets, i feel shorting at this point would be safe. Well that does not mean all Long positions needs to be squared off. Correction shall be minor. Some like to stay back during correction but aggressive traders like to ride it. Always a fall is almost 10 times faster than a rise.
Here is a pick from the mid-cap space selected as per technical screening. Holding period shall be not more than 5-8 trading days. United Breweries Limited is my Pick for the week.

Scrip Name: UBL
Action: Short Sell
Trigger Price: Below 465 only
Stop Loss: 483
Target: 435/ 375Scrip Name: UBL



Technical Statement:
1) Head & Shoulders pattern formed which is a trend reversal pattern.
2) ADX < 25 which signals the present uptrend may not last longer.
3) Stock is losing momentum as per our Trading System.

Trading Advices:
1) Shorting of stocks in positional/delivery Trading is allowed in Stock futures only. In
that case, you short @ the price of the corresponding stocks trigger price i.e you sell
UBL FUT when UBL hits 465 level irrespective of the corresponding UBLFut Price.
2) Dont Track the stock just after the moment you Buy/Sell. Set the stop Loss and
Target orders and let the Stock hit them.
3) Trading is a game of probabilities. You dont have to be right every time. You just
have to follow your rules.