Sunday, May 31, 2009
Saturday, May 30, 2009
Today, I want to discuss another personnel development regarding a trading system, which can work from 1 min. chart to 15 mn to hourly and on daily/weekly charts with some 85% accuracy.
the amazing and most surprising part of the system comes,when the user learns ( from me offcourse ) how to use nearest stoplosses, and the original buy-sell calls works with 85% accuracy
BUT if one goes double on stoplosses ( which will trigger on approx 15% times ).. I.e if bought one should sell double on stoplosses. The accuracy of the stoploss -go double call will be more than 90% !!!!!!!!!!!
As i have been able to find and implement a few innovative interpretations of some indicators,i could develop such a usefull trading system. It took me almost 3 full years to develop it.
We are conducting traing - classes in various cities, lately, for the clients interested in using this trading system,,whenever we get 3-5 clients at a time in a particular city. The full course takes 5 days... in which we also,teach some basic+ certain innovative trading techniques.
In todays post i am showing lots of charts,,for which my trading system generated buy sell calls on daily charts.
Anybody interested can mail me at email@example.com or add me on ym as firstname.lastname@example.org
Thursday, May 28, 2009
buy n hold...untill u get reasonable profits.
2 ses goa
4 infra dev finance...........ride the bull......for live calls on yahoo messenger,,please add email@example.com.
Thursday, May 21, 2009
Monday, May 18, 2009
the fact is that ,,,even this (market discounts future phenomenon) have its limits...u have to learn to apply it ,sometimes not the 100% portion of NEWS or FUTURE EVENT is discounted in prices ,but we have to keep in mind that there may not be a MAJOR FOLLOW UP NEWS to fuel the markets up and up
so all in all ...i have over the yrs came to conclusion that instead of guessing ,,,we must and must learn to let the charts speak,,and we have to listen them.
on 29th march ,when nifty was just around 2900,i wrote, THAT LOOKING AT THE STRENTH OF THIS RALLY JUST BEFORE THE RESULTS, WE CAN PRESUME THAT A STABLE GOVT. WILL COME TO POWER AND THERE WILL BE NO PLACE FOR MAYAVATI AND SO CALLED THIRD FRONT...the reality is ,,there is INFACT no place for mayavati and third front.
how could i was able to write it ?? ,very simple commonsense logic..charts reflects mass psychology, and answers to 2 questions are same, who votes ??and who trades ?..THE ANSWER IS COMMON MAN.
MY SALUTE TO THE GREAT SUBJECT OF TECHNICAL ANALYSIS AND THE INDIAN COMMON MAN !!
Wednesday, May 13, 2009
Tuesday, May 12, 2009
IF ,election results create confusion regarding formation of the new government,than the fear of unstable govt. will create panic,extending this corrective started from around 3700.
i am giving a few downside tgts, if nifty retreats heavily.
nifty 3500 strong support. next 3434.....3259 and 3135 possible below 3434.
all stock tgts are possible targets and support levels...if..if..nifty breaches 3500--3434 on closing basis.
rel cap 452
larsen strong support at 900..below which...809....754
tata steel below 245.....210 possible
tata motors below 239.....207
hdfc bank 1025
i request all readers to read my blog carefully,before taking any position.and remember that if a heavy correction sets in it will be a very good ,buying opportunity only.
Monday, May 11, 2009
Friday, May 8, 2009
See that,the last leg of 6th may fall in this 3 min chart was retraced by 2.618% on 7th may.when nifty moved up in the morning n those levels proved tobe strong resistance area for the whole day.now have a look at this one.
As we all know nifty is in a strong upmove.now on 6th may in the last sessions it tanked down heavily ,touching low at 3609 something.since the strong upmove was disturbed ,here we take last leg of the upmove which was from 3636--3717 as u can see in this 15 min chart,,now chk todays low which was around 3586,, this low was exact 1.618% of the last leg of the upmove.....
Now have a look at this last chart.
although ,this might not be the exact fit to my use of the system i explained earlier,,but my messege is try to learn something different and purpose ,,to show fibonacci ratios presence everywhere....after 6th mays fall,nifty opened higher,and again tanked,,but made a higher bottom at 3633,,so if u consider this as a last downmove--as 1 leg of fall started on 6th...look at todays high..exact 1.618% of that leg from 3680--3633..hope readers understand this new application of fibonacci ratios.and since yesterdays move seemed to be triangular move fibonacci ratios 61.8% were present in almost all legs with its prior leg. jaisainath...
Thursday, May 7, 2009
here i am giving levels for some major stocks to watch,,for trading purpose,if the below mentioned stocks closes below the level given after a particular hour completes(levels as per hourly charts),one can trade short.
rel capital 560
tata power 890
remember ,that these are market movers,,,i know this levels are a little away at present,,but in a few days whenever these levels are breached,the whole market may well enter a corrective phase
also, remember that we are in a strong up trend,so untill these levels arent breached buy on dips shud be the strategy.usin the same levels as stoplosses.
Tuesday, May 5, 2009
i started writing the blog ..when after a very big bull-wave, sensex was awaiting a deeper correction than ever before..so on 12th jan 2008, i wrote one article suggesting the same,,when almost everybody was extremely bullish..,,back on 16th oct-2008,,when pessimism was at its best,,almost everyone was heavily bearish...talking of 2200 and even 1800 for nifty and around 5000 for sensex..i titled my article...TIME TO INVEST...and india hits botom...who believed me ??..even non technical part of my mind was in doubt..but my subconscious mind was telling me something else..so iwrote that piece,,there were some powerfull basic and logical principles behind that article...and vow !!!!!! six months down the line ,and now everybody s talkin about bull markets back..believe me ITS NOT ME ITS HE prompted me to dare write such articles...anyways..its the great subject thats helping me to time the markets.
now, for the current rally,, on march 29 2009 when nifty was at 2980 levels i wrote clearly that we have hit the bottom..a huge 700 points rally folllowed than on april 12 2009 i did give nifty tgts of 3700 around..and we are here .looking at yesterdays powerful gapped-up open and stronger close..all chances are there that sensex will extend this upmove upto 12392--12620 levels and nifty may touch 3819 around.before either taking a pause or correcting substantially..i will take call of charts ,suggesting weakness as n when it produces one,,..till than ..jai sainath.