20th March 09

Hi,

Yesterday at gap up at 2800+ levels were where 50% of your longs should have been booked. Markets fell like nine pin after the gap open to touch 2757 and from there rebounded in the last 2 hours to close where they opened.

From a swing perspective, I am still bullish on this swing. Please continue to hold longs and add more if it falls to 2750-60 with a strict SL of 2740.

I gave only one intraday call on NIfty which meant a profit of 70 points (Rs 3500). So in last two days total profit of 196 points or Rs 9800 (gross of brokerage).

These calls are being given by me in SB (Shout Box) on www.icharts.in since yesterday. I am flooded with requests to provide these calls on YM or on mobiles however the problem is while I am in office I dont have access to YM. Probably I will need a window based phone from which I can send YM messages to my friends on their desktops and mobiles. If anyone has any idea on what's the bext (and most economical) way to do it please email me on stock.hunter@yahoo.com.

Intraday Magic levels for today
NF = 2727, 2762, 2788, 2827, 2855

Cheers
SH

19th Feb 09

Hi,

Yesterday as expecte markets gapped up and continued its bull march to 2830 ... I said in SB during trading hours when mkts were around 2820 that we will get an inverted hammer on EOD charts and thats exactly what we go on EOD. In any case swing longs initiated yesterday should be sitting with profits now.

In case its gap ups today, please book 50% of your holdings at gap up and for rest put the SL at your entry point.

I started giving intraday calls in SB from yesterday, gave 2 intraday calls both gave nice profits of 69 and 57 points respectively. I have started recording my intraday calls in icharts forum thread. Check it out if you have time....

as you can see my magic levels did well, NIfty kept oscillating between my M3 and M5 yesterday again. Hope they are proving to be useful guideposts to traders reading this blog? Please leave your feedback as comments so that I can continue positing these levels.

Magic numbers for today
NF = 2730, 2755, 2795, 2820, 2855

Cheers
SH

18th March 09

Hi Friends,

excellent day yesterday for intraday, NIfty opened between my M3 & M4 ..... fell to 2751 (near M3) , bounced from there to 2803 (near M4) ... then fell non stop to 2745 (M3) again .... and finally closing at 2751 (near M3). The followers of my intraday numbers should definitely have made profits in longs and shorts both.

From a swing perspective, the dip FINALLY did come on Tuesday and as suggested by me longs should have been added yesterday.

NF magic levels for today
NF = 2680, 2714, 2765, 2796, 2840

Cheers
SH

17th March 09

Nifty continues to show its strength and a nice bullish swing is now underway. The dip which i was expecting to come should come today ... not to 2650 now but to around 2700. If that comes, one should go long immediately or add more longs.

On intraday, NIfty opened between M3 and M4 , gradually moved to M4 later in the day and then crossed and and successfully reached M5 and closed thereabout.

Today magic levels
NF = 2665, 2715, 2745, 2808, 2835

Cheers
SH

16th March 09

NIfty closed +ve on Friday which was a signal to go live for swing. First target is 2790.

IF Nifty gaps up today, you can look at booking profits as I foresee a dip either kater today or tomorrow to 2650 levels before Nifty rises again.

Magic levels for today
NF = 2620, 2665, 2690, 2745, 2775

Cheers
SH

15th March 09

Please do not miss on my RSEX thread on icharts.....

http://www.icharts.in/forum/viewtopic,t,1358.html#4458

Cheers
SH

13th March 09

Hi Guys,

Yesterday markets kept oscillating between my M1 & M3 levels and should have given enough points on both sides.

From a swing perpective, if we get a positive closing on EOD charts, please open swing longs. I would also like to share my personal method of trading swings which ensures massive returns....

For each swing, I trade 4 lots. I book incrementally i.e book 1st lot at 2.5% returns, 2nd lot at 5% returns, 3rd lot at 7.5% returns & last lot at 10%. We might have to exit all lots in between if an opposite signal comes.

For eg If I have shorted 4 lots at 3000 ... I will book 1st lot at 75 points profit, second lot at 150 point profit, 3rd lot at 225 points profit and last lot whenever i am getting 300 pointsIn case we get a reversal signal after 150 points... we will book all 3 at 150 points each and go long....

So remember ... if its closing as a green tick today on EOD go long!!

Intraday magic levels for today
NF - 2570, 2605, 2635, 2665, 2690

Cheers
SH