intraday view..its my view..not calls

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ON 10-03-2011 if MINIFTY trades between 5529.5415 and 5557.2585 , then buy at 5557.2585 with targets TG1= 5577.658212 ,TG2= 5598.834 ,TG3= 5633.092212 ,WITH SL = 5536.140918 /////// or SELL BELOW 5529.5415 WITH TARGETS TG1= 5509.141788 ,TG2= 5487.966 ,TG3= 5453.707788 , WITH SL= 5550.553758
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ON 10-03-2011 if SBIN trades between 2620.781625 and 2633.918375 , then buy at 2633.918375 with targets TG1= 2643.587023 ,TG2= 2653.6235 ,TG3= 2669.860523 ,WITH SL = 2623.909485 /////// or SELL BELOW 2620.781625 WITH TARGETS TG1= 2611.112977 ,TG2= 2601.0765 ,TG3= 2584.839477 , WITH SL= 2630.740595
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pundit

Active Member
i can understand your problem...you are looking for an correct exit point...

exit point depends on u..we are not technical experts so the best way to choose the exit is our own target..

first before enter your trade plan before the market how much u have money and how much u are ready to risk and what should be your earning tht day..

daily plan just 3% profit..

3% compounded daily leads to more than 100% a month..

let me explain u with a example..

ill tel u my own technique i use..

i have never traded in futures...i do trade in equities..

my total capital is just 10 k..

I use 7.5 k for my trading..but i use my limit the broker provide me..

they provide me ten times limit..

so my total available trading capacity is 75k

now in that limit i use only 65 k..

now 5% of 7.5k is 375...

350 is 3.75% of my total capital 10k..

so my daily target is 375..

i do only single trade..

now lets calculate brokerage...total trading capacity is 65000...my brokerage is 0.03%..by adding all other tax and charges both the side the toal brokerage is 0.1%..
so brokerage is 65..

so my target shoud be 375+65=440

before i enter trade i used to calculate my target price from my buy price..wen i reach my target price i exit the trade...according to our signal u can surely reach the target i mentioned..3.75%

today i posted both the lic and infosys view with that target points only..i dint trade..i just watched market..our target reached..

so make your plan and home work before and after the market..market wil never wait for us..v need to prepare earlier..during market if u plan sure it wil end in huge loss..u should act fast during market..

u reached 30 points both days..so u earned 600 in both day..if its nifty its 1500 each day..

but dont be greedy..u shoud be more ready to book partial profit since nifty wil travel flat some days...those days ull face loss due to brokerage..


do one trade one day with confidenc..only morning session is suitable for intraday..dont enter market after 12.30pm if u plan to trade intraday...

u should also be ready to loose your money..it wil teach u lessons..share market is the best teacher..be ready to pay it what it asks..it wil return u more that u expect when u are experienced..:thumb::thumb::thumb:


I am trading since 2002 and lost my around 1.5 lacs just due to greed and indiscipline ...Now I will surely do the homework before trade..I hope I will be a successfull trader one day.
 
I am trading since 2002 and lost my around 1.5 lacs just due to greed and indiscipline ...Now I will surely do the homework before trade..I hope I will be a successfull trader one day.


happy trading...learn with least amount of capital..even just 1000 Rs can help u learn lot...

happy trading..hope today too wil be success for us..lets c..
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view at 9.20 am on 10.03.2011


watch ITC BUY above 172.179375 target = 173.3570215 stop loss= 171.5250934 /// sell below 168.971085 target = 167.7934385 stop loss = 171.9716434





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watch CROMPGREAV BUY above 261.556491 target = 263.3389027 stop loss= 259.6095955 /// sell below 257.3505 target = 255.5680883 stop loss = 260.2854655
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hari dude.... why dont u remove the digits after two places of decimal while posting ur 'views'?

is it that u wanna 'look authentic'...? multiple digits after the decimal makes it appear as if some complex mathematical system has been used to derive the entry and exit/SL points...anyways, whatever system u use...remove the useless digits after the decimal....
 
hari dude.... why dont u remove the digits after two places of decimal while posting ur 'views'?

is it that u wanna 'look authentic'...? multiple digits after the decimal makes it appear as if some complex mathematical system has been used to derive the entry and exit/SL points...anyways, whatever system u use...remove the useless digits after the decimal....
hi dude i can understand your request..ill remove it when posting off market view...during live market i cant remove it due to time consuming wen editing my post..i just copy paste the value i get from my calculation...

sorry dude
 
view at 9.20 am on 10.03.2011


watch ITC BUY above 172.179375 target = 173.3570215 stop loss= 171.5250934 /// sell below 168.971085 target = 167.7934385 stop loss = 171.9716434





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trade not initiated still..do not enter trade after 11 AM..entry after 11AM may not end success...
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