General Trading Chat

TraderRavi

low risk profile
No worries bhai, full respect for all those who trade their own method.
Atleast you know when to bail or take next step.

Last Sunday some talk on a video posted here. I've seen that guy only second time, and all I remember is him saying 11600 today EoD and all stories about 80% recovery on Yes and a whole load of what not.
I hope another post-mortem video of that one arrives :D:D

@TraderRavi any comments bhai??? you have seen them all :p:p
fraud hai bhai ye just like other analysts.
50k subscription fee lekar phone band kar deta hai. as per his customers complaint. sabko yesbank mein buy bolkar phansa diya.
 

Riskyman

Well-Known Member
fraud hai bhai ye just like other analysts.
50k subscription fee lekar phone band kar deta hai. as per his customers complaint. sabko yesbank mein buy bolkar phansa diya.
Hahaa Not only that. He had a target of 29000 for Bank Nifty and 12200 for Nifty in sept series. You may not have seen all his videos but its time pass for me on the weekends. Some of the stocks he recommended last year and early this year has lost 80-90%. People are crying but yet some dumb guys pay him 1,25 lakhs for his "Astro gann" analysis.

You are right, There are complaints about his for fraud.
 

Riskyman

Well-Known Member
These guys never disclose the basis of their calls...they say that they have some "adbhut" way of knowing the future....

Smart_trade
No sir, He says its "Gann Astro technical" analysis. If I find time ill compile a few of his videos here and post for fun. You can see how he avoids his bad calls and tricks people to subscribe to his services. Think he has a brokerage shop in Kolkata.

PS: the only thing missing after the revered name is a big "D". You can delete this line if you so please. Sorry but I get pissed of with such people who take innocents for a ride.
 
No sir, He says its "Gann Astro technical" analysis. If I find time ill compile a few of his videos here and post for fun. You can see how he avoids his bad calls and tricks people to subscribe to his services. Think he has a brokerage shop in Kolkata.
From the video in first 2 minutes I knew that this guy is a fraud....he was talking nonsense...assuming everyone around is a fool.And I wonder how people pay them so much money without any due delligence on their claims....blind faith followers.

ST
 
update on 28 sep 2018 @ 9.59pmThere are probabilities for Banknifty to take this shape before reversal. so approximately 200-300 points fall from cmp zone of 25100. but if it breaks tentative reversal place then we should be alert that banknifty might be reversing and if it crosses reversal confirmation place then reversal is confirmed. looks to me it might fall for 200-300 points. but lets see
View attachment 28845
Update @ 11.27am. though price came bit closer to tentative reversal area, there is no sign of reversal as of now. cmp 25179 and still it has got more than 300 points down left.looks like so.But by any means if it breaks the reversal confirmation or tentative reversal sign then we can gain confidence on reversal because if it breaks tentative reversal signa then it will be come leading diagonal on the upside with reversal confirmation and if it not then it will become a triangle and one more leg of 300 points fall might come.lets see
Update @ 11.57am. Tentative reversal sign has broken. So need to keep an eye on wave progress for next couple of hours in bullish sentiment. I would like to move the reversal confirmation line from current zone of 25444 to 25512. Because that would help me to keep option open for complicated triangle with respect to bearish sentiment.Because I am still biased for one more leg of fall until it is breaking 25512
Update @ 4.02pm
I was expecting a reversal yesterday at the last min candle or at todays opening. it showed the signs and it moved up as well but then i changed my bias because of bearish pattern formation and made me to think that Blue wave(c) might have not yet been over so i opened the possibility of 5 of (c) could be an ending diagonal but though it fell about 150 points and it didnt move below further got stuck within a zone of 200-300 points So far it respected the reversal zone line and didnt break above it. When it broke above tentative reversal zone, I wanted to check the chart for bullish sentiment. But there was no sign so started looking for other possibilities of a pattern with bearish sentiment and realised that wave 4 of (C) could be making a complicated triangle and it might still be in progress and to support that reversal line is not yet broken. Earlier I was expecting wave 5 of (C) to take around 200-300 points fall. But looking at the scenario it might fall for another 800 points approximately if wave (4) ends around 25200 zone. we could fine tune the fall points as time goes by. But by any means if it breaks above the reversal line with an impulsive force then that is reversal.
My current expectation is that it is making triangle inside a triangle that indicates so much of confusion among the people about market.Its really difficult to get in to very much lower time frame.So at the movement I am stopping it with 5 min time frame. Looks like b wave of smaller triangle is half way through and we might have C,D,E before wave 5 to begin. It might take a day or 2.

Important Note: Whatever I feel as Blue (A)(B)(C) could easily be relabeled as 123. Because structure is same for both the label. Currently my expectation is (A)(B)(C) with an anticipation of couple of new all time highs in market. everything will be decided based on the wave development after blue wave (C). I am already sensing from other stocks that we might be heading in to a "great depression". I know its scary word. But that is what it makes me to sense and it is certainly not going to be just like 2008. Few weeks back I was in an opinion that we might head towards 30K -32k in banknifty before the end of this year. Now i feel we might not achieve that in this year. I have been in an anticipation that we might have to make new highs in index couple of times as to form Ending diagonal before we go in to that phase. ED anticipation of making new highs is instill play unless we get different signs.Wave developments after wave(c) might give concrete answer for that. After all we just have to move along the way the price moves.Till then lets be safe. We will get clue from market whether it is going to go up from current zone or if it is going to fall as plotted. In either case we will get a clue from market itself.

Special Note: If you feel that this message is too long to read and boring, please skip it.Thanks.Cheers
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