Today's Buy Levels

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uasish

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Re: Todays Buy Levels

Was unable to log in around 1.40pm ,however if anybody is interested can post one more Break-Out Chart of today's trade.
 
Re: Todays Buy Levels

Becoz of time contraint (due to daughter's marraige on 21st the impending family duties) has to close the positions.
Congrats Asish......Best wishes.Wishing her a great wedding and a Happy Marriage.

Saint
 
Re: Todays Buy Levels

Affaried after watching volumes and repeated my memories of May 2006:mad:, towmarrow, if the movement remain same I am going to run.but why my chart suggest a trend reversal (am I wrong ?)
:cool:
5700 held out today though todays low came extremely close .... till 5700 is broken on a closing basis the short term trend remains up.

Iam hell bent on 5700 levels because this is the level from where the most recent breakout happened.

Also right now the market is in a range between 5700 - 6000 . You will see fascinating moves if it breaks out of this range.

Point to note here is that most of the correction or consolidation led breakouts on the upside in the past(for this year it is march 19th , apr 15th ,aug 26th,sep 18th,oct 9th and oct 23rd) has seen a bullish engulfing on the daily charts and thats the case today and all those breakout have seen a min 200 point nifty rally. Being a swing trader , Iam already trading light these days and taking positions only on stocks that show strength on the charts because iam still not convinced about the ADX and the volume picture but anyways iam prepared to change gears when required.
 
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uasish

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Re: Todays Buy Levels

Message to all newbie's:=

Whatever i have been taught by this forum's Seniors like Saint / Karthik / Ashish / Amitbee
/Joydeep / & many more, is very Simple things which i try to follow.
Jesse opened a Vista of knowledge & helped in Unlearning & Ajay my only teacher who exposed
me to System Trading.
I will remain always indebted to this Forum & to its tradition ,culture & ethics.
Plz know it for certain there is everything in this Forum which can Help us to earn a decent
monthly income from everyday trading,but Buy & Hold is the BENCHMARK we have to surpass.
There is an evolutionary self process where 2+2 is not equal to 4 but 5 or 6 ,the
knowledge bank of this forum is more than sufficient to trigger us to that level of 5 or 6.
Wipe out the dust ;dont google search for holy grail;mentally throw away those
who are Selling the Mkt to us;never pm or ask for s/w & codes; self is to be developed that
is my sole motto only to sharpen self .
 
Re: Todays Buy Levels

Message to all newbie's:=

Whatever i have been taught by this forum's Seniors like Saint / Karthik / Ashish / Amitbee
/Joydeep / & many more, is very Simple things which i try to follow.
Jesse opened a Vista of knowledge & helped in Unlearning & Ajay my only teacher who exposed
me to System Trading.
I will remain always indebted to this Forum & to its tradition ,culture & ethics.
Plz know it for certain there is everything in this Forum which can Help us to earn a decent
monthly income from everyday trading,but Buy & Hold is the BENCHMARK we have to surpass.
There is an evolutionary self process where 2+2 is not equal to 4 but 5 or 6 ,the
knowledge bank of this forum is more than sufficient to trigger us to that level of 5 or 6.
Wipe out the dust ;dont google search for holy grail;mentally throw away those
who are Selling the Mkt to us;never pm or ask for s/w & codes; self is to be developed that
is my sole motto only to sharpen self .
agreed.........
i always believe that self learning is the best form of learning and the best system you can develop should be on your own , not borrowed from some one else.
Because what suits others personality may or may not suit ours..
 
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