Trading through Gann Angles

[justy]

justy,

Simply this.

There is No short now in Bajaj auto as per Gann chart posted by Kaur.

Looking at it from another Tech analysis 'Quadra',it is a Buy now >1861 with s/l 1798.Strict s/l 1747 on EOD.

So ajeetsing who had initiated short should be on alert.

But this thread is devoted to Gann only & thread starter is justified in saying 'No intrusion'.

Tech analysis is only propablity & is Not a Holy Grail with 100% success.

Yes Rangarajan I absolutely agree with you that no system is perfect. Stop loss to Gann bhayia ke bhi hit hote the.
But if u have noticed DK's calls most of the times she takes short or long, the stock is either trading @ the top or is trading @ the bottom. For eg. yesterday in Heromotors she told to take short from 1703-1724 and if u have seen yesterday's price the high of the stock was exactly 1724. And not only this, many times the stock exactly touches the levels she mentions. I dont know about others but i have felt that she has something extra in her. Tukka 1 baar 2baar fit ho sakta hai hamesha nahi. If u see her all the calls the success ratio is much more than the faliures one. I hope that she shares her knowledge with all of us.

 

[ajeetsingh]

If u see her all the calls the success ratio is much more than the faliures one. I hope that she shares her knowledge with all of us.

with due respect to DP, I totally agree with you.
(Without any offence to DP)
If someone provides absolutely accurate buy/sell levels for trade with 100% accuracy, with huge profit everytime
OR
The same person teaches me how to get levels of buy/sell with 70% accuracy only so that I can trade my own.
I WILL PREFER SECOND OPTION
All who are experienced traders knows what I am saying.
There only 0.001% people in trading who are always accurate(DP is a gem among those)
But only 0.00001% of above 0.001% people who teaches other how to get those levels.
This is totally my personal opinion as I am always in search of knowledge.
we all are here for learning, this way or the other way.
But self knowledge is time tested, it always stand with you in good times & BAD times as well.

 

[adsingh]

ajeetsingh you are absolutely right.

 

[NANDAMAD]

sun tv already closed @422. Does madam mean that we shd wait for it to come up to 442-434 levels and then go short if shorting,

pl answer............................................................

 

[DPKAUR]

pl answer............................................................

Sorry Nadamad. I think now its too late to answer ur query. But its never too late in markets. Wait for it to close below 411 for the target of 396. Multiple supports are there @ 396. Will provide next target if it gives a close below 395.

 

[DPKAUR]

with due respect to DP, I totally agree with you.
(Without any offence to DP)
If someone provides absolutely accurate buy/sell levels for trade with 100% accuracy, with huge profit everytime
OR
The same person teaches me how to get levels of buy/sell with 70% accuracy only so that I can trade my own.
I WILL PREFER SECOND OPTION
All who are experienced traders knows what I am saying.
There only 0.001% people in trading who are always accurate(DP is a gem among those)
But only 0.00001% of above 0.001% people who teaches other how to get those levels.
This is totally my personal opinion as I am always in search of knowledge.
we all are here for learning, this way or the other way.
But self knowledge is time tested, it always stand with you in good times & BAD times as well.

Ajeet & Justy please no leg pulling :lol::lol:

 

[DPKAUR]

DP,

Coming back to Titan,do you think it has the capacity to touch 313 in coming days.It seems to have broken its key resistance level which was 280.It was struggling to break 280 for last couple of days but now since it has broken that level it can move even more higher is what i feel.Will appreciate your valuable thoughts here please.

Do not go long in Titan unless it gets closed above 293. If u get a chance then try to short it @ 289-290 with stop-loss @ 293 Targets are 276, 273, 260, 251

 

[DPKAUR]

In Nifty those who have shorted @ 6080 with stop-loss @ 6112 (on closing basis) must be enjoying handsome profits in their pockets. Although our 1st & 2nd target has already been met today itself. Targets are 6043, 5970, 5945, 5902, 5847, 5788, 5732, 5690, 5620, 5588. And think of bullishness in the markets it it gives us a close above 6138
And today no one came to say that yesterday was a Gann pressure/Annivarsary Date which showed its effect today. (AjeetSingh, A1b1....???)

Guys there is only one way to get success in trading:- just have faith on your system, your ability and nothing else. Just apply what you have learned and write down whats working & whats not. Implementation is important. I think again i have started giving lecture (PrabhSingh....hmm??)

 

[DPKAUR]

The next Gann Pressure Date is 21st May2013

 

[prabhsingh]

In Nifty those who have shorted @ 6080 with stop-loss @ 6112 (on closing basis) must be enjoying handsome profits in their pockets. Although our 1st & 2nd target has already been met today itself. Targets are 6043, 5970, 5945, 5902, 5847, 5788, 5732, 5690, 5620, 5588. And think of bullishness in the markets it it gives us a close above 6138
And today no one came to say that yesterday was a Gann pressure/Annivarsary Date which showed its effect today. (AjeetSingh, A1b1....???)

Guys there is only one way to get success in trading:- just have faith on your system, your ability and nothing else. Just apply what you have learned and write down whats working & whats not. Implementation is important. I think again i have started giving lecture (PrabhSingh....hmm??)

No DP those are key points to remember while trading and thanks for your reply on Titan.