Once again Turtle Soup ..

[rkkarnani]

TS+1 for long ready can bank.

Please explain how you reached this conclusion and also post Entry an SL levels.
Asking this just to understand where is the error happening?


My take :
The stock may move up but there is no TS or TS+1 set up !
Stock has continuously made Lower Lows on 29th 30th and 31st Jan!

 

[jamit_05]

@RK

Pls confirm the correctness, as per T+1, of the scrips in the following csv file.

http://www.4shared.com/file/zNaYEhgg/T1_online.html

 

[Xitij]

@RK

Pls confirm the correctness, as per T+1, of the scrips in the following csv file.

http://www.4shared.com/file/zNaYEhgg/T1_online.html

Is it too big a list ? If not why not Post it here in place of uploading it?

 

[Xitij]

Love to get the Stocks for Monday with levels please !
RK, Anup, Jamit , RR please oblige.

 

[rkkarnani]

Jamit , thanks for asking, but as I said , I still have some grey areas in understanding it fully. Shall try to post my views asap.

All except HPCL seems to be TS+1 set up.
For a trade to remain valid as per TS+1, the price must breach the trigger level before breaching the SL level. A SL level breach would make the Trade void as per TS+1 !

Berger Paints : Sell below 177.75 less filter, SL 182.50+ filter, Trade is void if SL is triggered before the trade is taken.

Pipavdock : It was a TS stock on 1st Feb, when it broke the previous 20 days high of 91.70 ! It was a sell below 91.70 less filter on 1st Feb. The catch is that it breached the previous day high by 10 paise only. New high is just 91.80

Greaves Cotton : Breached the 20 day high of 86.10 on 1st Feb and made a new high of 86.90 and closed at 86.15 ! For TS+1 trade, we need it cross on down below 86.10 less filter without first breaching the new high of 86.90 !

Pidilite Ind : TS+1 Short below 239.70 less filter SL 262.80 (SL is too BIG)

HPCL : It has made a new 20 period low on 1st Feb. at 312. Earlier 20 days low was at 296.60 ! Hence it has not breached the previous 20 days low. It did breach the previous 19 days low of 314 .

Corp Bank : Long above 442+, SL 425.95 less filter.

PTC: Long >74.40+ SL 73.70 less filter

Karur Vysya : Similar situation as in Pipav, that was for short this is for long. Low breached by a small margine only of 60/70 paise.

TataMotor DVR : Long>164.60+ SL 159 less filter ! Closed near trigger at 164.70

Tata Motor : Long > 281.80+ SL 268.25 less filter !

Ultra Cement : Long >1845.55 SL 1712.35 less filter (SL Too BIG)

 

[jamit_05]

Is it too big a list ? If not why not Post it here in place of uploading it?

has various fields... Only 11 stocks.

 

[jamit_05]

@RK

Thank you for the confirmation. :thumb:

Apparently, all scrips are valid T+1 trades so the AFL is alright.

PS: The list has HindPetro, no HPCL.

 

[rkkarnani]

@RK

Thank you for the confirmation. :thumb:

Apparently, all scrips are valid T+1 trades so the AFL is alright.

PS: The list has HindPetro, no HPCL.

HPCL=Hind Petro...

 

[prabhsingh]

RK,

I am having a query with respect to PTC.You are saying Long >75.10.I think its last 20 day low was 74.4 on 11/01 and not 75.10 on 24/01.Kindly can you assist in helping my understanding here please.

 

[rkkarnani]

RK,

I am having a query with respect to PTC.You are saying Long >75.10.I think its last 20 day low was 74.4 on 11/01 and not 75.10 on 24/01.Kindly can you assist in helping my understanding here please.

Absolutely Correct ! It was an error while typing or checking the chart! Even Jamit had given the correct value of 74.40 in his csv file. Thanks for pointing it out. Shall rectify above.