Trading Strategies Using Technical Analysis

[SwingKing]

View on TVS Srichakra please? Is it good buy or good bye? Kindly see attached chart.

I m getting sense of good buy....

Bests,
Apurv

Looking good.

Tc

 

[SwingKing]

Axis bank did move up smartly in our original direction. However, we did not chase it after we reversed our positions twice. Tata motors is relatively flat whereas Bank Nifty has moved about 100 points from our positions. ABB futures which was bought at 769-770 levels has been booked for profit at 783 levels.

As of now we carry positions of Bnifty and Tata motors forward. Don't mind giving up today's gains.

Tc

Closed 75% of BankNifty positions at 10947 (Rest 25% trail SL at 10910)
Closed 75% Tata motors at 1022 (Rest 25% trail at 1016.5)

For fresh longs, let markets surpass 5540 - 5550. Close longs as of now and wait for going long or going short.

Tc

 

[saivenkat]

Any Views on ACC limited, Buy or not at CMP?

 

[nimish_rulz]

Raunak Bhai How about going short on the breach of 5480 target 5450 stop loss 5500 & Going long on the breach of 5510 Target 5550 stop loss 5480?

 

[SwingKing]

Raunak Bhai How about going short on the breach of 5480 target 5450 stop loss 5500 & Going long on the breach of 5510 Target 5550 stop loss 5480?

If its based on some time tested methodology, then surely go with it.

As of now its a wait and watch. Market will surely tell us what to do. As of today, I will go short if 5430-40 is breached. If markets trade the whole day around these levels, then tomorrow I will go short below 5460-70.

Tc

 

[SwingKing]

Closed 75% of BankNifty positions at 10947 (Rest 25% trail SL at 10910)
Closed 75% Tata motors at 1022 (Rest 25% trail at 1016.5)

For fresh longs, let markets surpass 5540 - 5550. Close longs as of now and wait for going long or going short.

Tc

BankNifty SL moved to 10930
Tata Motors SL moved to 1022


Tc

 

[SwingKing]

Had to remove Axis position as it was giving false SAR trades.

Tc

This is what happens when one gets impatient. Yesterday, when Axis bank was at 1338-1340 levels, I was trying to catch the trend in either direction. The trend was due and just before the trend emerged, I got impatient and left the stock. Today the stock is up by 35 Rs.

Another mistake !!

Tc

 

[crown]

This is what happens when one gets impatient. Yesterday, when Axis bank was at 1338-1340 levels, I was trying to catch the trend in either direction. The trend was due and just before the trend emerged, I got impatient and left the stock. Today the stock is up by 35 Rs.

Another mistake !!

Tc

Raunak Sir,

please guide me in one context

How do you identify the support and resistance levels for a stock on Technical basis?
I mean what indicators or strategy you use

Thanks bhai

 

[MurAtt]

Entered at 238 for tgt 260. Channel Bounce. RSI and Stoch supporting ....

Comments invited ....

 

[cyber2nk]

Raunak Sir,

I am new to Traderji and trading too.

I am going thru this thread and it seems to be very nice one for technical trading.

Do we have any pdf or document file prepared by anyone of this thread?

I would love to download and read it thoroughly.

Thanks