Friday, September 12, 2014

Rising wedge , can u expect Nifty at 6800

Rising wedge  , can u expect Nifty at 6800…


in coming 3  to 4 months ?


a rising wedge is a bearish pattern that signals that the security is likely to head in a downward direction. The trend lines of this pattern converge, with both trend lines slanted in an upward direction.


rising wedge

Again, the price movement is bounded by the two converging trend lines. As the price moves towards the apex of the pattern, momentum is weakening. A move below the lower support would be viewed by traders as a reversal in the upward trend.


As the strength of the buyers weakens (exhibited by their inability to take the price higher), the sellers start to gain momentum. The pattern is complete, with the sellers taking control of the security, when the price falls below the supporting trend line.


Read more at  http://www.investopedia.com/university/charts/charts7.asp


Trade in NF as per these levels


Buy at / above: 8152   Targets: 8181 – 8208 – 8231
Stoploss : 8129
Sell at / below: 8129   Targets: 8108 – 8083 – 8059 – 8036- 8002
Stoploss : 8152


eod nifty chart is showing same pattern …try to read it  if it is true then possibility of trend reversal is increased  be cautious .


NIFTY_Daily_11-09-2014 (1)


Stay at dhanvarsha chat room  for real time updates  calls


http://dhanvarsha.in/chatroom/


never enter in option trade if stock is trading in very small range of 1 to 2 % ..no one can predict its future break either side 5 to 6 % move in coming sessions possible best way is BUY above 176 tgt 195 and SELL below 168 target below 154 but in this range plan intra trades only seeing intra day trend http://prntscr.com/4lzt59


9000/- gained in cr oil


crude traded at 5640 call was 11 Sep 14, 04:10 PM [×] [o] admin: BUYcrude oil only above 5545 sl 5534 tgt 5554 5568 5598 >>>5648 gained 90 points or more 9000/- ki Dhanvarsha :)http://prntscr.com/4luvhd


free real time call worked for 70 NF points call was 11 Sep 14, 09:13 AM admin: call active SELL NF at / below: 8145 Targets: 8126- 8104 – 8081 – 8059 Stoploss : 8167 u can SELL as high as u can ..add shorts upto 8164 with same sl posted at dhanvarsha chat room http://dhanvarsha.in/chatroom/ high 8148 low 8072 total 76 points well predicted http://prntscr.com/4lqrll


coal india traded at 361 gained 17000/- or more per lot call waskailash123p@yahoo.co.in (9/10/2014 10:42:39 AM): SELL coal india f at 377 sl 382 tgt 371 366 354 380 to 361 what a gr8 software sab bata deta hai :) bola SELL call de do Dhanvarsha :)http://prntscr.com/4lpxs1


8000/- to 12000/- per lot ka solid intra day gain call was 11 Sep 14, 09:29 AM [×] [o] admin: SELL ongc f at 440 sl 446 tgt 436 432 traded below 432 high traded at 444 after call thokne ka full moka tha boss … have u gained :)http://prntscr.com/4lqmap


11 Sep 14, 11:26 AM

admin: copper BOOK more than 4000/- rs per lot partially at 420.80 10 Sep 14, 11:29 PM admin: stbtcopper at 424.40 sl 426.20 call was in this free chat roomhttp://dhanvarsha.in/chatroom/ join now invite ur friends also …Dhanvarsha


Try to learn and trade in each direction / on each wave  bull wave  bear wave  both  see example   posted here in real time  http://dhanvarsha.in/chatroom/


10 Sep 14, 11:29 PM

admin: stbt copper at 424.40 sl 426.20


11 Sep 14, 11:26 AM

admin: copper BOOK more than 4000/- rs per lot partially at 420.80 10 Sep 14, 11:29 PM admin: stbtcopper at 424.40 sl 426.20 call was in this free chat roomhttp://dhanvarsha.in/chatroom/ join now invite ur friends also …Dhanvarsha


then  advised to buy it  and see the result  ..


11 Sep 14, 08:52 PM

[×] [o] admin: traded at 421.80 call was 11 Sep 14, 05:53 PM [×] [o] admin: BUY copper at 418.50 419.55 sl 417.40 tgt 420.90 http://prntscr.com/4lt72q dhanvarsha premium call gained 2500/- or more per lot


so sell  and buy  both calls worked …  why don’t u plan like this ?


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about sl orders  learn here  http://dhanvarshagrp.blogspot.in/2011/07/stop-loss-order-technique-you-must-know.html


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Rising wedge , can u expect Nifty at 6800