Learning to catch High Probability Breakouts

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vikas2131

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#2,581
#2,581
Here is my personal opinion of nifty ..See the chart ..it has clearly bottomed out while look at the chart of s&p 500.. completely overbought..

NIFTY



S&P 500


Now let me tell you whats going to happen(personal opinion)...we are going to have another rally of 200 points on the up side which most likely will be covered by gap up..Smart money will be unloading as much as they can and building short positions while S&P will hold on in the same range 30-35 points after that we are looking for another leg down which will break 8000 and will take nifty to the range of 7800-7900 ..
 
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nitingosavi

Well-Known Member
#2,584
#2,584
vikas2131 said:
Dnt blame urself ... there are 150 stocks in futures..how many are you going to keep track of... well for now it has bottomed out ..you can buy it for 3-4% upside..
Click to expand...
Vikasji, what's your view on LIC.. LUPIN.. DRREDDY..yesbank now ?
I don't have any positions. just asking.

Vikas ji,
just a request... when u r saying ITC is bottomed ... plz post a chart along with.. I am not getting how it is bottomed.

I know You are a knowledged person. many times I didn't understand how u come to a conclusion ? but it happens.. so plz try posting sm charts... may help us to increase our knowledge base.

Thanks in advance.
 
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vikas2131

Well-Known Member
#2,585
#2,585
nitingosavi said:
Vikasji, what's your view on LIC.. LUPIN.. DRREDDY..yesbank now ?
I don't have any positions. just asking.

Vikas ji,
just a request... when u r saying ITC is bottomed ... plz post a chart along with.. I am not getting how it is bottomed.

I know You are a knowledged person. many times I didn't understand how u come to a conclusion ? but it happens.. so plz try posting sm charts... may help us to increase our knowledge base.

Thanks in advance.
Click to expand...
mate most likely i am wrong..just testing a new system...should not advice any body..
 
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vikas2131

Well-Known Member
#2,587
#2,587
vikas2131 said:
Here is my personal opinion of nifty ..See the chart ..it has clearly bottomed out while look at the chart of s&p 500.. completely overbought..

NIFTY



S&P 500


Now let me tell you whats going to happen(personal opinion)...we are going to have another rally of 200 points on the up side which most likely will be covered by gap up..Smart money will be unloading as much as they can and building short positions while S&P will hold on in the same range 30-35 points after that we are looking for another leg down which will break 8000 and will take nifty to the range of 7800-7900 ..
Click to expand...
dnt follow this... i m testing a new system..most liekly i wrong..
 
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indianbank

Well-Known Member
#2,588
#2,588
Hi friends... Good evening once again...
Nifty is holding 8000 level... its a good sign for bulls...

My portfolio is in green till now... Lets see what happens in coming days....
(20% of my capital is invested in equity market ... waiting for good opportunity in coming days)
 
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