Five Positional Triggers

[veluri1967]

Present Holding

1. GVKPIL
2. Colpal
3. KECL
4. KFA


Out of these, KECL has hit Stop Loss, tomorrow I will exit the trade if it trades below 82 during the last half an hour. (If the likely close is above 82 I will not exit).

 

[veluri1967]

Colgate, KFA have hit targets today. Will be exiting 50% tomorrow.
KECL already exited on SL hit.
GVKPIL is still holding.

Net positions

1.Colgate
2.KFA
3.GVKPIL

 

[veluri1967]

I am renewing this thread which is almost killed due to my other commitments.

Basic Rules are not widely different than discussed in the first post. But, I do make changes as per requirements which I post here for follow up.

Name of thread may slightly differ from actual triggers being posted here.

To sum up the rules :-

1. Buy triggers are based on selected Moving Averages.
2. Price is trailed by SL based on volatility. (EMA calculated on ATR(10)).
3. Sell triggers when price closes below trailing SL.

Good luck.

 

[veluri1967]

These triggers are based on EOD data.

Buy Triggers to be bought on 13-12-2010

---------------------------------------------------------------
Symbol	     |  C. M. P.  | Target   |StopLoss	| ADD*
---------------------------------------------------------------	

ASIANPAINT   |	2664.65	  |2891.72   |2456.28	|2737.22	
TATASTEEL    |   619.00	  | 685.26   |556.74	| 640.42	
NTPC	     |   192.40	  | 209.61   |179.89	| 197.35	
CAIRN	     |   329.65	  | 361.63   |301.27	| 339.71	
JINDALSTEL   |   697.15	  | 782.80   |624.60	| 723.52	
ACC	     |  1075.20	  |1208.49   |966.91	|1115.46	

---------------------------------------------------------------

*ADD= When the trade becomes profitable, next price opportunity to add to Winning positions.

 

[findingmoney]

are u sure about ntpc?

 

[veluri1967]

are u sure about ntpc?

I appreciate your analytical angle.

Everybody is bearish about NTPC. Sure about it. But my system says buy it. My system could witness few whipsaws before a big one. When my system says yes, as any moving averages based system, I seldom say no. Let me clarify that its a system based trigger. You ought to know how to play such triggers. I would say go with a minimum position size. If your analysis cautions to omit it, you must. Please verify first post of this thread to see the caution before playing these triggers.

Cheers.

 

[findingmoney]

anything for tomorrow?

 

[veluri1967]

Buy triggers to be bought on 14-12-2010
------------------------------------------------------
Symbol |C. M. P. |Target | StopLoss |ADD
------------------------------------------------------
MARUTI |1451.00 |1577.55 |1324.45 |1493.20

------------------------------------------------------

Happy Trading.

 

[veluri1967]

This is the update on present triggers.

Updates 
-------------------------------------------------------------------------------------
	
                   December 2010
-------------------------------------------------------------------------------------
Symbol	    |  Buy Date	   |  Buy Price	   |    Target	|Revised SL|	CMP |	P/L%
-------------------------------------------------------------------------------------
ACC	    | 13-12-2010   |	1058.09	   |   1156.25	|1019.15   |1063.50 |	0.51
ASIANPAINT  | 13-12-2010   |	2662.37	   |   2872.20	|2577.05   |2740.95 |	2.95
CAIRN	    | 13-12-2010   |	326.89	   |    355.20	|315.70	   | 337.10 |	3.12	
JINDALSTEL  | 13-12-2010   |	687.92	   |    766.60	|642.95	   | 686.70 |  -0.18	
NTPC	    | 13-12-2010   |	191.79	   |    205.35	|188.10    | 199.50 |	4.02	
TATASTEEL   | 13-12-2010   |	617.90	   |    671.95	|599.35	   | 646.60 |	4.64
MARUTI	    | 14-12-2010   |	1416.94	   |   1558.65	|1330.10   |1413.85 |  -0.22
--------------------------------------------------------------------------------------

PS :- SL given in this update is Trailing SL and thus moved up in some cases from Initial SL.

Cheers.

 

[findingmoney]

good thread.pls continue.