Sunday, October 25, 2009

Good Example of Sanuk+Templeton



I should be aiming for this. HH HL + Sanuk. Very nice. Should do some backtesting on this setup.

Thursday, October 22, 2009

Keep an eye on Nifty too

What I have observed is that most of the stocks just move with the Nifty. So it would be wise to look at the Nifty too and see if it is at the verge of decline while taking a 123buy pattern.

Made a loss of Rs.712.50 (LLP) (1 open long)

Colgate open long

Wednesday, October 21, 2009

Tuesday, October 20, 2009

Made a loss of Rs.813.20

Was a choppy day. But I guess, when the markets are not in a definite trend, I should add the logic to look for higher timeframe and look for confluence.

Thursday, October 15, 2009

Thursday, October 8, 2009

Made a profit of Rs.1124 (PPPL)

Colgate is open long with buy of 662. Not counted here. Will count on the sell day.

Tuesday, October 6, 2009

Made a profit of Rs.1470 (PPbe)

Bought Long position in Sesa Goa at 275.90 for a target of 287


Sold it at breakeven since it was not rallying up. Also, I didnt want to take it's delivery.

Monday, October 5, 2009

Watch for IBRealEst (4 hr chart)


Watch for Crompton Greaves (4 hr chart)


Gitanjali long position - Short term and long term targets


Sterlite Ind long position at 750 for a target of 863


Made a profit of Rs.200 (PPPLLL)

Started trading Price Action support/resistance/breakout trading from today. Should see which timeframe is most profitable. Also, on daily recommends of PA I bought Sterlite Ind 50 at Rs.750. Let's see if PA works for this one. The Nifty index is sliding down though. The target for sterlite is 863.