Thursday, 24 May 2012

Wave Theory What I understood


A correct Elliott wave "count" must observe three rules:
  1. Wave 2 always retraces less than 100% of wave 1.
  2. Wave 3 cannot be the shortest of the three impulse waves, namely waves 1, 3 and 5.
  3. Wave 4 does not overlap with the price territory of wave 1, except in the rare case of a diagonal triangle.
A common guideline observes that in a five-wave pattern, waves 2 and 4 will often take alternate forms; a sharp move in wave 2, for example, will suggest a mild move in wave 4. Corrective wave patterns unfold in forms known as zigzags, flats, or triangles. In turn these corrective patterns can come together to form more complex corrections.




This Three "counts" are getting fullfilled uptill if not today's low of 24/05/2012 if maintainted no surprise if we head towards the new high

Sunday, 11 March 2012

STRTECH

Remarks- in a week period it moved to  Rs. 46 + still theme is on

Thursday, 8 March 2012

TREND IS YOUR BEST FRIEND

Remarks- As expected it moved more than 200 points up before day of budget

Friday, 2 March 2012

Cant Help Ourselves before budget to Come Back- HLL may give as smart return as ITC

REMARKS- AFTER VIEW THOUGH ONE BIG BROKERAGE HOUSE CAME WITH TARGET OF Rs. 304 (DOWNGRADE) STILL IT OUTPERFORM MARKET DURING THE TIME OF U.P. ELECTION RESULT DAY.

Friday, 24 February 2012

BEWARE-REVISIT

Remaks- View successful,On the day of UP ELECTION RESULT NIFTY CASH TRADED BELOW 5250...

Friday, 17 February 2012

KAPAS SURENDRANAGAR-APRIL

remarks- stop loss hit and it went DISMAL, dont hold kapas till decisive closing above important support of Rs.850 it may prove FATAL....chart was telling some big panic should come when it broke Rs.850....unexpected news of COTTON EXPROT BAN crack the cotton below 800 and as told...to SAVE MONEY IS AS IMPORTANT AS TO MAKE MONEY

REVISITING ITC

Remarks- On the day of budget it traded Rs. 220+ all target hit

Sunday, 12 February 2012

BEWARE

 Why?? Full reports been sent to the clients. Other May follow our previous updates.
Now market will enter into weak zone below 5440 cash only and than 5370 cash will reaffirm it. So for Buyer its support is more important than resistance to exit market

Thursday, 2 February 2012

RELIANCE FOLLOW UP

DISCLAIMER- Our client holding Rs.840 put for the same
on 3rd feb 2012 it traded at 815, trader exited with profit, positional still holding

Wednesday, 1 February 2012

HITACHI HOME

Remarks- Stock made a high of 124.9 next day, still momentum is on client made good money

Tuesday, 31 January 2012

GAIL-REVISITING

Remarks- GAIL went 389 in single trading session. Client made smart money holding still 50% with cost to cost as stop loss

Monday, 30 January 2012

HCL TECH

Remarks- Almost touch first target , made a high of 438 in intraday on 31/01/2012

Sunday, 29 January 2012

CHART FOR THE COMING WEEK- A2Z MAINT

Dear viewer check out stop loss and target as per your study, this stock looks good with volume.

Wednesday, 25 January 2012

REVISITING-RELIANCE

Remarks- As expected above Rs. 800 intraday made high 825+.

CAIRN

Remarks- As expected slide southward on 31/1/2012 mad a low of Rs.335

Tuesday, 24 January 2012

VIP

Remarks- As expected client made good money with the holdings. still momentum will maintain till its above STOP LOSS

Monday, 23 January 2012

BANK NIFTY


REMARKS- above given level bank nifty reveresed and trying to touch 200DMA now given resistance will act as an strong support for bank nifty to touch 9000, and it toches 200 DMA ON 27/01/2012

Saturday, 21 January 2012

NIFTY UPDATE

REMARKS- ABOVE GIVEN LEVEL WITH THE HELP OF BANK NIFTY NIFTY TOO TRY TO TOUCH 200DMA NOW IT WILL REPLICATE BANK NIFTY IN TERMS OF SUPPORT WHICH IS PREVIOUS RESISTANCE, AND IT TOUCHES 200DMA ALONG WITH BANK NIFTY ON 27 01 2012

Thursday, 19 January 2012

LOVABLE

Remarks- As expected above Rs. 400 in intraday gone to 416, still good till above Rs.400

Wednesday, 18 January 2012

GAIL

Remarks- paid client exited with proper level now above 374 we will reenter,

Saturday, 14 January 2012

Friday, 13 January 2012

Wednesday, 11 January 2012

Monday, 9 January 2012

HEROMOTOCO


Result- In intraday stock zoomed to 1775 level, trader made good money

Sunday, 8 January 2012

JET AIRWAYS-BE WITH THE LEADER

Remarks- The stock close at day's high even in weak market, it outperfom the market on the date of trading

Friday, 6 January 2012

RELIANCE

REMARKS- As expected on the day when it gave closing above 725, in two days it went upto 752.....

Wednesday, 4 January 2012

REVISITING -IT INDEX

Remarks- Its given the correct direction to the trader, as 6400 was the strong resistance on 05/01/2012 it make high of 6399 future  and went to new low, our ultimate target was 5800 and on 13/01/2012 it went below 5900