Five Positional Triggers

Nava

Active Member
#21
These triggers are based on EOD data.

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

I would like to know, how to decide "Add" price loaction..?

Is it at the break of some PH..? or after reaching some % of profit..?

Could you share..What kind of strategy do you follow for "Add"..?
 

veluri1967

Well-Known Member
#22
Code:
Updates 
-------------------------------------------------------------------------------------
	
                   December 2010
-------------------------------------------------------------------------------------
Symbol	    |  Buy Date	   |  Buy Price	   |    Target	|Revised SL|	CMP |	P/L%
-------------------------------------------------------------------------------------
ACC	    | 13-12-2010   |	1058.09	   |   1156.25	|1019.15   |1088.90 |	2.91
ASIANPAINT  | 13-12-2010   |	2662.37	   |   2872.20	|2608.85   |2740.95 |	3.85
CAIRN	    | 13-12-2010   |	326.89	   |    355.20	|315.70	   | 329.00 |	0.64	
JINDALSTEL  | 13-12-2010   |	687.92	   |    766.60	|642.95	   | 676.75 |  -0.18	
NTPC	    | 13-12-2010   |	191.79	   |    205.35	|188.10    | 192.90 |	0.58	
TATASTEEL   | 13-12-2010   |	617.90	   |    671.95	|618.10	   | 666.40 |	7.85
MARUTI	    | 14-12-2010   |	1416.94	   |   1558.65	|1330.10   |1414.85 |  -0.15
--------------------------------------------------------------------------------------
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veluri1967

Well-Known Member
#23
Code:
Updates 
-------------------------------------------------------------------------------------
	
                   December 2010
-------------------------------------------------------------------------------------
Symbol	    |  Buy Date	   |  Buy Price	   |    Target	|Revised SL|	CMP |	P/L%
-------------------------------------------------------------------------------------
ACC	    | 13-12-2010   |	1058.09	   |   1156.25	|1019.15   |1078.45 |	1.92
ASIANPAINT  | 13-12-2010   |	2662.37	   |   2872.20	|2793.95   |2916.20 |	9.53                           
CAIRN	    | 13-12-2010   |	326.89	   |    355.20	|315.70	   | 333.75 |	2.09	
JINDALSTEL  | 13-12-2010   |	687.92	   |    766.60	|642.95	   | 686.70 |  -0.17
NTPC	    | 13-12-2010   |	191.79	   |    205.35	|188.10    | 192.90 |	0.58	
TATASTEEL   | 13-12-2010   |	617.90	   |    671.95	|624.55	   | 676.20 |	9.44
MARUTI	    | 14-12-2010   |	1416.94	   |   1558.65	|1346.95   |1423.30 |   0.45
--------------------------------------------------------------------------------------

The following hit the Target and their Revised Targets are given below.
-------------------------------------------------------------------------------------- 
ASIANPAINT   | 3078.10
TATASTEEL    |  732.90
--------------------------------------------------------------------------------------
 

tvrssvk

Active Member
#26
Hi Veluri,

Kindly advise on the below set up:

TCS
1,00,000
Risk-------2%
entry----1156[previous high + x (25% of ATR(10)]
exit----1100 (bit early, since my expectation is to move up after pull back, if it is against, would like to exit early)
Number of shares---------35

Target-------1239 (as per SG).
Brokerage---------approx---500

TCS chart is clean with a nice pull back...........mimics the sector.......
MACD, william % satisfies ........

Kindly let me know, if any tuning has to be done.........to be on the safer side........

Thanks
 

veluri1967

Well-Known Member
#27
Hi Veluri,

Kindly advise on the below set up:

TCS
1,00,000
Risk-------2%
entry----1156[previous high + x (25% of ATR(10)]
exit----1100 (bit early, since my expectation is to move up after pull back, if it is against, would like to exit early)
Number of shares---------35

Target-------1239 (as per SG).
Brokerage---------approx---500

TCS chart is clean with a nice pull back...........mimics the sector.......
MACD, william % satisfies ........

Kindly let me know, if any tuning has to be done.........to be on the safer side........Thanks
Hi TVRSSVK,

Look at the Red letters above. Is investing in shares Safe?:D

Odds are favourable to support upward move. Thatz all. I am already long into TCS @ 1124 for a short target of 1152.65 which already met on 22-12-2010. My revised target is 1207.40 with SL of 1099.90. (Hope it is similar to your SL.:D). I quickly revise my SL to lock in profits in case of favourable move. Otherwise, I will exit the trade when SL gets hit without any second guessing.

Now, fine tune your entry so as to catch maximum profit.:thumb:
 

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