Trading Strategies Using Technical Analysis

[SwingKing]

Raunak Sir

I Think some accumulation is going on in Tata steel from 600 to 620 levels. And this may happen for one more week from here or at least till expiry. It is going to be out performer in Long run as you said.. So It will be wise to be entered in three ways. A Long term inverter can enter in equities in this level also.... Short term investor can entered in between 605--610 levels or buy on dips.... Or a Trader can enter in Dec. or January Futures 50% at 610 levels with a SL 599 Closing basis and other 50% levels at 526 closing levels.

Please correct me if I am mistaken any where.

With regards,
Gangadharan.

Gangadharan,

There are many ways to do this. The way which you suggested, is also valid and hopefully profitable. The way I would do this is,

Stage 1: Identifying next probable Out performer
Stage 2: Confirmation of Stage 1 by Price of that stock
Stage 3: Investing in the stock
Stage 4: Swing trading and Scalping on Micro Trends
Stage 5: Be watchful at the top

Tc

 

[gangadharan]

Hellooo.


SBI EQ 100 SHORT 2968 SL 2980 REVISED 2960 SL HIT

TCS EQ 250 SHORT 1029 SL 1036 REVISED 1025

TATASTL EQ 500 SHORT 618.50 SL 622

CHAMBALFERT EQ 4000 SHORT 91 SL 91.80 REVISED 91.20

NIFTY DEC. FUTURE LONG 5972 SL.. 5964 REVISED.. 5984 REVISED 5992

SBI EQ 100 SHORT 2968 SL 2980 REVISED 2960 SL HIT

TCS EQ 250 SHORT 1029 SL 1036 REVISED 1025 EXITED 1022

TATASTL EQ 500 SHORT 618.50 SL 622 EXITED AT 620

CHAMBALFERT EQ 4000 SHORT 91 SL 91.80 REVISED 91.20 EXITED 90.80

NIFTY DEC. FUTURE LONG 5972 SL.. 5964 REVISED.. 5984 REVISED 5992. EXITED AT 6010

With Regards.
Gangadharan

 

[gangadharan]

Friends,

While going through the threads of Traderji, I found this thread by SAINT. it is very usefull and here is something about chart patterns.

Thought....... may be useful for those who are interested
http://www.traderji.com/technical-analysis/6072-teach-man-fish-12.html

With Regards,
Gangadharan

 

[gangadharan]

Gangadharan,

There are many ways to do this. The way which you suggested, is also valid and hopefully profitable. The way I would do this is,

Stage 1: Identifying next probable Out performer
Stage 2: Confirmation of Stage 1 by Price of that stock
Stage 3: Investing in the stock
Stage 4: Swing trading and Scalping on Micro Trends
Stage 5: Be watchful at the top

Tc

Raunak Sir,

Ok........ I am clear with Tata steel now
I would like to hear your views on the following Scripts.

TCS STARTED INVESTING
SBI STARTED INVESTING
BALRAMPURCHINI STARTED INVESTING
CHAMPALFERT STARTED INVESTING
DLF....................INTERESTED TO INVEST
RCOM................ INTERESTED TO INVEST

With regards.
Gangadhran.

 

[VJAY]

Friends,

While going through the threads of Traderji, I found this thread by SAINT. it is very usefull and here is something about chart patterns.

Thought....... may be useful for those who are interested
http://www.traderji.com/technical-analysis/6072-teach-man-fish-12.html

With Regards,
Gangadharan

Dear Gangadharan,
Yes SAINT is one of the great trader and helpfull person like raunak sir,savant,ghosh,aw10 ...etc...sure many will get many things from that thread...one of the most top thread in TJ...imo

 

[Sureyes]

MY TRADES ON INTRADAY LEVELS TODAY

SBI EQ 100 SHORT 2968 SL 2980 REVISED 2960

TCS EQ 250 SHORT 1029 SL 1036

TATASTL EQ 500 SHORT 618.50 SL 622

CHAMBALFERT EQ 4000 SHORT 91 SL 91.80

NIFTY DEC. FUTURE LONG 5972 SL.. 5964 REVISED.. 5984

With Regards,
Gangadharan

Dear Gangadaran
Thank you for sharing the intraday trade but is it 315 strategy based? it will be highly helpfull to understand if you also mention 'Time' of entry /exit with some remark of the strategy behind with particular entry.so that it can be confirmed on charts.
Regards
Suresh

 

[SwingKing]

Raunak Sir,

Ok........ I am clear with Tata steel now
I would like to hear your views on the following Scripts.

TCS STARTED INVESTING
SBI STARTED INVESTING
BALRAMPURCHINI STARTED INVESTING
CHAMPALFERT STARTED INVESTING
DLF....................INTERESTED TO INVEST
RCOM................ INTERESTED TO INVEST

With regards.
Gangadhran.

Gangadharan,

TCS - Keep investing.
SBI - Pause your investments. Let it show strength again.
Balrampur - Switch to Shree Renuka
Chambal Fert - Keep investing.
DLF - Avoid
Rcom - Avoid

Stocks cannot be forgotten after investment. Hence, keep checking stocks in 10 days.

Tc

 

[gangadharan]

Dear Gangadaran
Thank you for sharing the intraday trade but is it 315 strategy based? it will be highly helpfull to understand if you also mention 'Time' of entry /exit with some remark of the strategy behind with particular entry.so that it can be confirmed on charts.
Regards
Suresh

Hi, Friend,

Yes I usually use 315 strategy when take a new entry on 315 3 min. chart... But my intraday strategy is different when I am selling my holding and buying it again lower for a profit.. It is purely based on Retrace levels of 5 day charts.. with a confirmation of 3.15 in 1 min. chart And I never do it on strong bullish scripts which I am holding.

To Trade Nifty..... with a 315.. with the support of one more Ema that is 45ema.... why I use 45 is 40 and 50 are the most common EMA and SMA used by most powerful traders... So if you stay somewhere near 45 ema we will be staying in a very safe place.

My Chart with tool are as under.

3 emas........ 3.......15.........45
RSI
Stochiatics
BOlinger Bands.
All with the support of Candlesticks.

Now Rules.

1 Enter with 3 Minute chart.
2 When both 3 and 15 ema are above 45 ema and 3ema cross over 15 ema.
3 When 45 ema and low band of BB are friendly........ nearby in 3 min chart.
4 BB are not narrow in 3 min and 5 min and 15 min chart
5 RSI is towards up in 3 min chart
6 stochastic is not in overbought condition.
7 Candile sticks are showing a bullish signal

I Enter long if any of the 5 rules are matched with.

And off course with a SL of 8 points in Nifty. with a trailing stop lose. I fight for a 40 points that is a Rs. 10000/- profit on 5 lots.

Actually my target of profit per day is just Rs. 10000/- and I know it is a small amount for every one here. But still I am happy with that.

Now the strategy is to exit is like this....
1 let your SL hit.
2 out with 40 points. with out looking any thing.
3 out when any of the 5 entry rules are violated and you are with 12 points plus
4 exit when any of the 4 rules violated when you are with 20 points
5 exit when any of the 3 rules violated when you are with 28 points
6 exit when any of the 2 rules violated when you are with 32 points.


Hope you will be able to understand how I short also.

With Regards,
Gangadharan.:thumb:

 

[alroyraj]

Hi, Friend,

Yes I usually use 315 strategy when take a new entry on 315 3 min. chart... But my intraday strategy is different when I am selling my holding and buying it again lower for a profit.. It is purely based on Retrace levels of 5 day charts.. with a confirmation of 3.15 in 1 min. chart And I never do it on strong bullish scripts which I am holding.

To Trade Nifty..... with a 315.. with the support of one more Ema that is 45ema.... why I use 45 is 40 and 50 are the most common EMA and SMA used by most powerful traders... So if you stay somewhere near 45 ema we will be staying in a very safe place.

My Chart with tool are as under.

3 emas........ 3.......15.........45
RSI
Stochiatics
BOlinger Bands.
All with the support of Candlesticks.

Now Rules.

1 Enter with 3 Minute chart.
2 When both 3 and 15 ema are above 45 ema and 3ema cross over 15 ema.
3 When 45 ema and low band of BB are friendly........ nearby in 3 min chart.
4 BB are not narrow in 3 min and 5 min and 15 min chart
5 RSI is towards up in 3 min chart
6 stochastic is not in overbought condition.
7 Candile sticks are showing a bullish signal

I Enter long if any of the 5 rules are matched with.

And off course with a SL of 8 points in Nifty. with a trailing stop lose. I fight for a 40 points that is a Rs. 10000/- profit on 5 lots.

Actually my target of profit per day is just Rs. 10000/- and I know it is a small amount for every one here. But still I am happy with that.

Now the strategy is to exit is like this....
1 let your SL hit.
2 out with 40 points. with out looking any thing.
3 out when any of the 5 entry rules are violated and you are with 12 points plus
4 exit when any of the 4 rules violated when you are with 20 points
5 exit when any of the 3 rules violated when you are with 28 points
6 exit when any of the 2 rules violated when you are with 32 points.


Hope you will be able to understand how I short also.

With Regards,
Gangadharan.:thumb:

Nice and well though of. The stop loss is defined better with a moving average system since it considers atleast 3 candles in the selected time frame. It helps to stay objective.
I too am trying to book regularly in investments too. Needs a bit of fine tuning. Some stocks like Cairn are unpredictable.

 

[gangadharan]

Dear Gangadaran
Thank you for sharing the intraday trade but is it 315 strategy based? it will be highly helpfull to understand if you also mention 'Time' of entry /exit with some remark of the strategy behind with particular entry.so that it can be confirmed on charts.
Regards
Suresh

Gangadharan,

TCS - Keep investing.
SBI - Pause your investments. Let it show strength again.
Balrampur - Switch to Shree Renuka
Chambal Fert - Keep investing.
DLF - Avoid
Rcom - Avoid

Stocks cannot be forgotten after investment. Hence, keep checking stocks in 10 days.

Tc

Raunak Sir,

Thank you for the advice,,

As Rcom and DLF found very cheap I was in puzzle and after your advice I decided to look at those on the second week of next month.

On SBI I acted according to my Rule of investment and bought yesterday 11 shares at 2889.. which is a 10% below at my entry rate i.e. 3210. and my average rate is 3178.2 now and I will ad 10% more 2860..

With Regards,
Gangadharan.