Swing Trade tips with 98% accuracy!!!

[krishere]

Re: The Fifth Recommendation

really love this one..... you are giving importance to a lots of basics... thats really nice...

A stock from CNX 500 happened to make it to my portfolio today. Television Eighteen India Limited is my pick. Although markets are in a correction phase, this stock stands out. Fresh buying at this time is discouraged yet it is worth taking a chance. Target may take more time than expected thats why i name it Buy & Hold call. Patience pays BIG.

Scrip Name: TV-18
Action: Buy & Hold
Trigger: CMP (Current Market Price) 72-74.
Stop Loss: 71.05
Target: 79/ 82

Technical Statement:
1) Inverted Head & Shoulders pattern showed a breakout.
2) RSI is neither overbought nor oversold, stock has a chance to make a nice move.
3) Sudden increase in volume suggests new buying and positive news in the stock.

Trading Advice:
1) Usually in Inverted Head & Shoulders pattern we observe a throwback after the
breakout. In simple words stock suddenly comes down to the neckline (as indicated
in the image) & then again bounces back. In that case the stop loss can be taken out.
So you re-enter the stock again when the stock crosses the trigger price with the
same stop loss.
2) Stop Loss is must in this case. To know more about stop losses visit my Blog:
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3) Stock is likely to take more than expected time to achieve the Target. Set the Target
& Stop Loss limit orders and forget the stock. Let the market do the rest.

 

[krishere]

hi indiabulz....

what do u think for the below... all hammers & inverted hammers down there... what do you say????



kris.....

 

[indiabulz]

Re: The First Recommendation

Hello Krishere,

I used BBand divergence stratgey on this stock. Although i dint show in my post. As i mentioned in my first post, there are few things which i like to keep as secret. Every stock which i recommend first qualifies my custom trading system then i apply these patterns and these external indicators.

I also mentioned in my previous posts that in case the stock is hit my Stop loss and the scrip re-crosses the buying/selling price, you can take a position again. Secondly, i too trade on my calls. My money is too on stake so i try my maximum to be in profit and not be triggered by a stop loss.

Keep writing Back. have a nice day!!!:clapping:

well... the stop loss has been hit.... and it was evident coz the only positive thing in the chart was that it had formed a doji.... but even the doji didnt hv much gap....

 

[indiabulz]

Well my call is Buy. I see a bullish RSI divergence. But my custom Trading system rejected this stock. So i am not actually recommending this stock.

The stock saw a failed Head & shoulder Pattern, a failed symmetrical triangle and a succesful double top reversal. After much correction this stock needs to make a pullback.

Have a nice day, GOODBye!!!

hi indiabulz....

what do u think for the below... all hammers & inverted hammers down there... what do you say????



kris.....

 

[krishere]

:thumb:
:clap:

Well my call is Buy. I see a bullish RSI divergence. But my custom Trading system rejected this stock. So i am not actually recommending this stock.

The stock saw a failed Head & shoulder Pattern, a failed symmetrical triangle and a succesful double top reversal. After much correction this stock needs to make a pullback.

Have a nice day, GOODBye!!!

 

[ashwani chadha]

Thanks for use full information

 

[rajsumi121]

sir ... whats your call on brfl & optocircuit .

 

[rajsumi121]

Re: The First Recommendation

here comes the first recomendation (sorry for the delay folks). Its 11th dec 2010.

Scrip name: Lml
buying price: Strictly above 11.50.
Stop loss: 11.20
target: 13.70/15.50
holding period: 3-5 days after buying.

technical statement:
1) formation of flag which is a strong signal of bullishness.
2) rsi below 50 levels i.e. Stock is oversold.
3) adx below 25 which implies, current downtrend is weakening and a reversal awaiting.
4) stock resting on 200 dma where it should find good support to bounce back.

Fundamental statement:
1) stock not very healthy for long term prespective so investors stay back.
2) for aggressive & active traders only.

Word of caution:
Dont start counting on the stock just after the moment you buy. Set the stop loss, target limit order and let the market do the rest. Sit back, relax and forget the stock.

stoploss hit after this call .

 

[indiabulz]

Hello raj,

Both stocks are just below the 200 SMA which may act as a major resistance. Everything else is evident in the graph.

sir ... whats your call on brfl & optocircuit .

 

[krishere]

hey... what is the software you are using???