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| From : Amit Chopra at 07:54 PM - May 02, 2011 ( ) |
Share it on Facebook| From : Amit Chopra at 12:02 PM - Apr 29, 2011 (3 days ago) | |
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Dear friends, As I said earlier level of 1085 is important & also asked you people to look into short selling opportunity @ 1085 or so, NOW LOOK cmp 1070........WHAT ELSE ONE CAN EXPECT FROM KNOWLEDGE OF TECHNICAL ANALYSIS ?? its accurate 50% of the times.
Enjoy loads of profits.
| From : Amit Chopra at 09:50 AM - May 04, 2011 (2 days ago) | |
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Thanks to Simple Calculator......If trend is firm this can do wonders
In my last post, I told you to go SHORT SELL ON RISE strategy (RATHER THAN BUYING ON DIPS), & rest the mudraa members know.
I hope All members are using the same strategy-Sell on Rise.
Happy Trading.
Today's low of ICICI in cash 1056 is important in downtrend. if it breaks, can test 1040 (today only)
On upper side, it may test 1085 levels in a day or two....then it will be good short selling opportunity.
REMEMBER: trade according to the trend......at present the ideal strategy will be .SHORT SELL ON RISE, rather buy on dips.
So, watch out for levels carefully & trade accordingly.
Please look into technicals yourself before executing.
Dear Friends, Use of SIMPLE CALCULATOR .....yes.....by using simple calculator, one can determine the exact levels (SL, Tgt) of any share.....no need to use sophisticated & expensive softwares....just ONE SIMPLE FORMULA...thats all...& u can take position with maintaining SL.
Tgt-3 of 1060 (cash) achieved today only.
I told you to trade according to the levels.......It made low of 1056 & then some recovery seen from there (cmp 1067).
This indicates the importance of levels.
I am enjoying profits, i hope many of you are also enjoying tons of profits.
now, what's next level ?
One should trade according to levels, it gives max profits & minimum loss (if SL hits)
Target 2 of 1086 achieved with low of 1082.25 in may series
If closed below 1085 (cash), will lead to 1060.
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