Priyanvada's chit chat home ...

[prasadam]

are you angry upon me or what?

why should I be?

Every one is entitled to his/her own views.

and yes I have different ideas about the whole exercise, which I have already mentioned in my earlier post.

 

[rnmathur4965]

Mathur Sir,

Great!!

My strategy is very simple to understand ... it is all about riding the wave ...

What is the process.

Thanks

 

[priyanvada]

Mathur Sir ...

We will take unitech as an example ...

1. EOD chart ...

Eod says it was Gap up and looked in strong uptrend ... But also yesterdays Close has NEAR the the upper BB ... So today it may be up or may be down since although close to upper BB but not PIERCED it ... ok!

2. A 3 Day hourly chart: -

If you observe hourly chart ... yesterdays all 60 min candles are just kissing the upper BB all the day (Green Rectangle) ... But todays first 3 candle make a perfect trend reversal formation (RED rectangle)...
The third hourly candle makes a valid Entry to go short on unitech till the End of the day ... since it is liquid and smooth stock you can make stoploss as 25% below the last hour candle ... and just relax and watch as it falls for the whole day ... while adjusting stoploss or booking partial profit throughout ...

3. IntradayDay 10 min TF chart: -

You can see a perfect deat cat bounce formation here ... As the price falls shown in pink rectangle we have a formation of RED & GREEN married pair of candle which suggests the price is likely shoot up now ... but next Red candles confirms otherwise and it is very sure a downtrend from here ...

This can be also regarded as valid entry poiint ...

4. IntradayDay 5 min TF chart: -

Same thing observed here with little minor differences because if TF ...

We can fine tune our entry and exit using 1 minute TF charts with stochastic (9,3,3) crossovers...

... So All that I try to do is ...

1. Detect the trend ...
2. Ride the wave as long as possible on the positive side!

Jai ho!........

 

[priyanvada]

why should I be?

Every one is entitled to his/her own views.

and yes I have different ideas about the whole exercise, which I have already mentioned in my earlier post.

Whenever you are short with words, I alwasy get scared!!

anyway,
So you preffer to slow down after achieving something BIG then?! ... hmmm?!

 

[priyanvada]

Mathur Sir,

have you rated this thread as 5 star???
If so please remove it ... I don't like it at all .....

IF not then only God knows who has done this nonsense!

 

[priyanvada]

Prasadam,

I am sorry if I my voice was LOUD to hurt you in previous posts ...

I am BAD with words and too strong on my views ...

So i am sorry if my views don't match with yours ... i won't change until my mind gets some valid reason

Good Night!

 

[prasadam]

what do you mean?????????:

Whenever you are short with words, I alwasy get scared!!

am I looking like a chatter box?:lol:

my purpose of such an exercise would be not for benchmarking but for setting targets.

 

[Sunny1]

3. stock selection
4. common sense

discuss above two
wanna know your views

 

[prasadam]

No need to feel sorry. keep smiling SQ.

f they answer not to thy call walk alone,
Walk alone, thy walk alone,

:thumb:

Prasadam,

I am sorry if I my voice was LOUD to hurt you in previous posts ...

I am BAD with words and too strong on my views ...

So i am sorry if my views don't match with yours ... i won't change until my mind gets some valid reason

Good Night!

 

[priyanvada]

3. stock selection
4. common sense

discuss above two
wanna know your views

Poweroff ... pc running on oxygen-UPS ...

3. stock selection: - News, EOD filtering, intraday rangestudy,

4. Comman Sense : - Trade Quality, Loss, Lion, etc...'

Will talk on this latter since no power right now!

Jai ho! ...