Wednesday, May 24, 2017

wednesday trend

Tata motors
gap up 20 points, open and high below 1%, that is short trend to upside than down trend, that is down trend with triple volume, at 9.25 it cut its open candle low, and touched next gann level, and go up of open candle low nearly .5% and play between this and open candle low act as support till 12.50 pm and breakout from there to 2nd gann point from there,

gann price plus /minus 2 or 1 act as good target or stoploss points
if stock value is 472 then minus 2 from target or stoploss that is .5 % approximate or nearly half


first breakout before 9.30 , 2nd breakout to 2nd low ,before 1.15 from there it go up 80% of the high low range of that day , before 2.30 pm, with the minor volume of 1/3rd from sell volume



trading methods

put open price in gann calculator it will give immediate up and down points for buy and sell targets

and marked 2nd gann point after cutting  the low
if playing between 2 gann points up and down, it break out to next level as target, and also the next level in opposite direction act as stop loss

use super trend 60,1 for immediate profit in long trend, use 60,4 as stoploss entry or stop loss

open candle low and high act as supporters
in some cases, open candle close and open act as supporters
previous close or below previous close supporters act as target points in some cases
if market cut its day high, it will cut previous day high and go up about 1%
if a market cut its 15 minute candle low, and it go below 1%, then it will go up, to 80% of the high low range or cut day high, and if cut pre.day high it go about 1% up from pre. day high

use supertrend 1 , 60 for to take maximum profits
enter with stoploss entry , to avoid maximu loss, with super trend 4,60
if cut open candle low , then wait for return of .5% above low also will get entry at open, or open candle low, close or high of open candle in opposite trends
if market is trending wait for return or stoploss cutting line, or signal change in 60,1 or 60,4
in sidemarket super trend 60,4 is good, if long candles are made then 60,6 is good for stoploss or reentry.

https://in.investing.com/equities/tata-motors-ltd-advanced-chart

study 15 minute chart for analysing day trends of chart
 combining gann with pivot points are also good for exit points
gann points , up and bottom points of gann of current price, with next top and bottom points act as target or stoploss points
super trend 1,4, 6, 10 are good when necessary
 no entry in side trend,  end of the side trend with triple vol. is good to enter
higher % of price is good to play
play with top gainer and sellers is best for trading
nseindia chart gives, the idea of  future market of the chart
today my profit is 325 with 60 quantity of tata motors
select open low/high charts below 1% with high volume and high price change






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