Manish Damani

[anshul18]

where are you based Manish? since how long are you trading?

 

[MANISH_DAMANI]

where are you based Manish? since how long are you trading?

I am from Kolkata and from 2009-10 approx I am trading.

 

[neerav thakkar]

I am not teaching any body I am also learning. I am only sharing how I am trading. If some body benefited its a pleasure. But most of people not discussing about learning part I know but what ever you ask if I know I can share with you.My motto is to build confidence in all of us yes nothing is impossible but we have to follow right path.:thumb:

Like many small confusions are there but some of us knew then answer thats it. I am a normal person.

Gud morng manish ji..as u said in one of ur posts that v should learn..can u help us learning 1 topic every weekend as v dont trade on saturday and sunday..so may be any one topic every week..like making charts how to read them and follow market according to those charts..may be many others will also b benefited from this..please start it from 2day if its possible...ryt from basics..

 

[MANISH_DAMANI]

Gud morng manish ji..as u said in one of ur posts that v should learn..can u help us learning 1 topic every weekend as v dont trade on saturday and sunday..so may be any one topic every week..like making charts how to read them and follow market according to those charts..may be many others will also b benefited from this..please start it from 2day if its possible...ryt from basics..

I have no problem.Basic things I have said you can learn from any where.Like Macd, Stochastic, Ma crossovers that you can learn by your self too. Ya in bolinger band you need some help regarding some over bought break out or over sold break down criteria. Heiken ashi is very simple you need only it study.So google first so that you have some good idea after that some extra required and If I know I will definitely explain. Even in various thread of traderji just thing explained once check so that our time saved and w could make understanding little more better.

 

[MANISH_DAMANI]

Keep close eye on crude as weakly chart W pattern almost touching today.So sell side and buy side both need strict stoploss. AS seems overbought in hourly chart so sell can me made near $94.92 with very small stoploss of $ 95.15 because this weak be crucial for crude direction technically.As other harmonic pattern bearish gartley is intact so reversal chances are high but we cannot ignore weakly chart too because intraday bounce coulde be very sharp if bounced. Those who has capacity to take contra calls can short once at above level.
Crude pv-$93.46,R1/2/3-94.31/94.92/95.77. S1/2/3-$92.85/92/91.39.
You can short again near $95.77 with stoploss $96. IF that breaks then once of trade and wait for genuine opportunity.
Alternatively if come below $93.46 then we check for futrher shorts. LIve opportunity I will try to post latter because today cautious trade is required.

 

[MANISH_DAMANI]

as per mcx-
Crude pv -5136. R1/2/3-5148/5161/5173 S1/2/3-5123/5111/5098.

 

[MANISH_DAMANI]

in 1-3 weak if good dip available in gold and silver then accumulate 2-5 months good return possible for next 2-3 month but I think one small dip is due when not possible to say but probably after this weak and target dont ask. When I am sure from my side about target I will my self post. This is an alarm for those who want to buy gold , silver for positional rs 1000-2000 in gold and rs 5000-10000 in silver.

 

[megapixel]

crude is in good mood today.

 

[MANISH_DAMANI]

crude is in good mood today.

Above $ 94 it might remain in good mood. As I posted also cautious tade because weakly W pattern trendline broken and I am waiting for close above it. Rally could extend to $ 97 but if dont breaks $ 94 downside then $ 100-106 possible in long run.:thumb:

 

[MANISH_DAMANI]

sell with small stoplosses when near to resistance level for 10-15 points only. Live trade I will post when there is high chances of gain from my side.