KISS like McGrath

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lvgandhi

Well-Known Member
Hi friends,

here is a very interesting chart of Infosys Tech:

observe three following power developements:

1) MACD power divergence

2) The range has reduced considerably which shows a very decreased amount of volalitity.

Markets naturally follow the period of low volatility to high volatility.
So here, a very big move is expected.

3) 1-2-3 buy set up would develope if price crosses above green line in the chart.

Enjoy,
Winston:)
Thanks for the info. Can you explain 1-2-3 buy set up or give a link from where I can learn
 
hi all ,

so much analysis so much divergences so much research but technology is still not moving just dont know what's wrong ???

It will move one day may be tommorow but it feels so frustrating to see TCS and infosys coming down every day inspite of market making new and new highs .

Hard to sit with position running into looses and be so patient for days .

Maybe a few words of wisdom from Ajax ( the specialist ) and winston( the perfectionist) will do a world of good to all .
 
Hi All,

I Have Attched Files Of Bse 500 And Cnx 500 Which Show Development Of Bearish Wolfe Waves Along With Daily Sensex Also Reaching Close To The Same.

U Call Them Wolfe Set Ups Or Peanuts Or Wedge But They Cant Be Negelcted For Sure .

Looking For A Word Of Advice By All

With Regards,
Opensky
 

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Ajax

Well-Known Member
Dear ops & other wolves

Its going to be yesterday once more.

Indeed bhaalu bharia aaney wale hain. Point 5 formation should occur
any time now.
I for one will buy protective nifty puts as soon as sensex touches the
1-3 line to form point 5.

Market knows the best. Indeed techs including Infy/ TCS not rising. As if
in anticipation.

I suspect the D day will be Infy results day and Infy guidance will be the
culprit.

Be on ur gaurd

Ajax
 
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winstonn

Well-Known Member
Hi ops,

patience + capacity to accept the loosing trade and getting out of it as soon as stops are hit on closing bar basis is the word from my side...............

not to forget 2% money management rule!

Take care,
Winston
 

winstonn

Well-Known Member
Hi friends,

TCS , Infy stops are blown on closing bar basis.

Be cautious to continue the long positions!

Nifty , hourly in the process to form the H $ S ,,,,beware!
if the spike high of this Head is taken out , not a problem for bulls,,,,but let's see what happens if the neck line is broken ?

In conclusion be on alert for long positions!
 
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