Trading Strategies Using Technical Analysis

[SwingKing]

Rounak Sir and all!!
Wish you happy and profitable Diwali!!!

Dear Raunak sir,
Wishing you "Happy diwali".....

Happy Diwali Sanjay and VJAY.

Tc

 

[hawaisanjay]

Rounak Sir,How does GujNrecoke looks for short term buy? It has taken 20 day low support and good volume.

 

[twist]

Happy Diwali to Raunak Bro n All

 

[RAGHUERK]

Raunak sir and all members of tj,

wishing you a happy and prosperous deepawali.

Raghuerk

 

[SwingKing]

Fresh Buy List

     Script        Buy Above      SL
Balrampur Chini      84.42       84.42
 Tech Mahindra       734.11      734.11
  JP Associate       126.5       126.5
 Sterlite Indus       172         172
  Welspun Corp        250         250
Deccan Chronicle      135         135
     Rolta            171         171
      ABB             832         832
    Zee Ent           294         294
      GTL             420         420
     Patni            466         466
  Apollo Tyres         72          72
   Junior Bees        118         118

From previous Week's buy, Jain Irrigation will be exited today if it closes below 228.

*Investment sheet will be updated on Sunday
*Investments chosen on Breakout anticipation. Hence don't expect more than 2-3 of these to do well
*Stop losses have to be maintained on weekly basis

Tc

 

[SwingKing]

Rounak Sir,How does GujNrecoke looks for short term buy? It has taken 20 day low support and good volume.

Its Raunak dear.

Anyway Sanjay, look into this stock if it crosses 65.5. Till then just monitor it and understand its price movements better. Keep a track you will know when you have to enter. Structure is kind of ok.

Tc

 

[SwingKing]

Trade in DLF has been taken.

SL 346-348

Tc

I'll be squaring off DLF in first 5-10 minutes of trade. It should open 1% at least above our buying price and hence would be aiming to make a couple of bucks per lot.

Eventually, will be again buying DLF futures at the end of the day if it manages to close above Thursday's close. If it does not, we will wait for next day.

Nifty futures should open with a fair bit of gap up. As of now we won't be squaring our positions and will carry the trade forward. If changes are made, it will be duly notified. Usually after strong opening markets continuously slide the rest of the session. However, given the Bullish sentiment underneath, I expect volatility instead of continuous decline. Hence if you intend to day trade, do it cautiously.

Tc

 

[option fan]

Fresh Buy List

     Script        Buy Above      SL
Balrampur Chini      84.42       84.42
 Tech Mahindra       734.11      734.11
  JP Associate       126.5       126.5
 Sterlite Indus       172         172
  Welspun Corp        250         250
Deccan Chronicle      135         135
     Rolta            171         171
      ABB             832         832
    Zee Ent           294         294
      GTL             420         420
     Patni            466         466
  Apollo Tyres         72          72

From previous Week's buy, Jain Irrigation will be exited today if it closes below 228.

*Investment sheet will be updated on Sunday
*Investments chosen on Breakout anticipation. Hence don't expect more than 2-3 of these to do well
*Stop losses have to be maintained on weekly basis

Tc

RAUNAK bro,
sry some childish Q..uestions holiday mood me jada dimag lagana nahi chahta

s/l and buy above price same??

ok i got it those are weekly trades... s/l is on high-low or closing basis?only weekly closing or any close in the week?

 

[SwingKing]

RAUNAK bro,
sry some childish Q..uestions holiday mood me jada dimag lagana nahi chahta

s/l and buy above price same??

ok i got it those are weekly trades... s/l is on high-low or closing basis?only weekly closing or any close in the week?

These Prices are SL prices.

Hence, above these prices stock moves into a Bullish zone. Hence buy in bullish zone. Below the prices it moves into Bearish zone. Hence after buying those are the levels to follow.

Tc

 

[hawaisanjay]

Its Raunak dear.

Anyway Sanjay, look into this stock if it crosses 65.5. Till then just monitor it and understand its price movements better. Keep a track you will know when you have to enter. Structure is kind of ok.

Tc

Rounak ji(I think this is better than Sir)last pivot high 65.3 so better if it crosses.Correct me if I am wrong.