WolfeWave Swing Calls

[findvikas]

This is an experimental thread to monitor the performance of my Wolfewave practice.

Here I would post all my picks for Equities which can last from couple of days to couple of weeks. These would be Delivery Calls so leverage will be 1:1

DISCLAIMER: PLEASE CONSIDER THEM AS "PAPER TRADE" , I WILL NOT TRADE THEM BUT ONLY MONITOR FOR PERFORMANCE

 

[findvikas]

Trigger price is lowest of the range in case of short and highest of the range in case of longs

Find the Journal Here

http://spreadsheets.google.com/ccc?key=0AsC1qV6Wtd1xdDdDTzZudUxUX1l2c1hOZVQ0TnlSZ0E&hl=en

 

[findvikas]

Date: 11 Feb. 2010


DLF - BUY 292 - 296 , Stop @ 285 , Target: 330 - 350
GAIL - BUY 375 - 378 , Stop @ 365 , Target: 444 - 475
HEROHONDA - BUY 1550 - 1575 , Stop @ 1495 , Target: 1800 - 1810
GOLDBEES - BUY 1600 - 1610 , Stop @ 1575 , Target: 1730 - 1750
HDFCBANK - BUY 1640 - 1650 , Stop @ 1549 , Target: 1840 - 1900 - 1975
IBREALEST - BUY 192 - 195 , Stop @ 158 , Target: 270 - 275
ICICIBANK - BUY 810 - 815 , Stop @ 775 , Target: 905 - 975 - 1005
IVRCLINFRA - BUY 330 - 335 , Stop @ 290 , Target: 420 - 440
MARICO - BUY 98 - 100 , Stop @ 97 , Target: 112 - 115
PUNJLLYOD - BUY 167 - 168 , Stop @ 165 , Target: 192 - 195

ASIANPAINT - SELL 1985 - 1990 , Stop @ 2035 , Target: 1825 - 1860
INDIACEM - SELL 116 - 118 , Stop @ 122 , Target: 100
LUPIN - SELL 1625 - 1630 , Stop @ 1650 , Target: 1450 - 1490
MAHLIFE - SELL 370 - 375 , Stop @ 423 , Target: 280 - 295 - 310
TITAN - SELL 1650 - 1660 , Stop @ 1780 , Target: 1375 - 1390


Some calls are not yet activated while some of them are already active.
My time frame is 2 - 6 weeks for most of the calls. Let's see how well they go.

DISCLAIMER: PLEASE CONSIDER THEM AS "PAPER TRADE" , I WILL NOT TRADE THEM BUT ONLY MONITOR FOR PERFORMANCE

 

[bloodmoney]

I'm accumulating GOLDBEES since January like SIP on every dips for 6 months to 1 year time frame. Now you have given a target above 1720. Good to see those levels soon. Lets see how it pans out in coming days.

Btw, Good initiative/thread for WW practice. If time permits, try to post charts for rest of the triggers like you did for Herohonda and ICICI in the other thread.

TC

 

[findvikas]

If time permits, try to post charts for rest of the triggers like you did for Herohonda and ICICI in the other thread.

Thanks... I wanted to but that adds lots of overhead exporting, uploading and so on. I will try to upload the chart that meets the target. If they do.

 

[MINITRADER99]

Thanks... I wanted to but that adds lots of overhead exporting, uploading and so on. I will try to upload the chart that meets the target. If they do.

Thanks for the thread. Does not matter. Do it as per your convenience. No compulsion.

 

[karin_jack]

hello vikar sir thnks.... i asked u about wolf in ur other thread

...... i was just learning about wolf wave..... kindly comment on my observation....
1:- saw small one formed on yahoo 5day chart whose target is done.....
2:- can u give me target about the pice u posted above....
3:- daily chart also have wolfwave?????

all above is of nifty spot

regards

 

[karin_jack]

thnks for making the thread as i m learning about it.... just a request... can u post charts also if possible....

regards

 

[linkon7]

Vikas..is this pattern valid..?

 

[findvikas]

not really linkon but I agree it is going below 4500 not because of this wave but because it has to complete the wave 5 down... so we should be bullish in falling wedge and bearish in rising wedge... this one is a falling one so expect one final leg down and then a rocket flight above 4900

I tried to update it but ofcourse its just imaginary... look for heavy volume... past couple of days volume is dying compare to the previous days and today's volume was a good indicator that we might reach for point 5 as it was a stopping volume.



ok here is a bit better chart

it is making a bullish wave and no wonder why all the above stocks are making similar wave... specially Banking majors which are looking quite bullish to me.