Let's carry on our discussions here……….
Saint
Let's carry on our discussions here……….
Saint
punj above resistance…
Well, the harder I practice, the luckier I get. :) - gary player
PUNJ JP HDIL RCAP DLF.. TATA STEEL …..BIAS LONG SIDE….
Well, the harder I practice, the luckier I get. :) - gary player
ABAN too on long side
long over the first bar in NF….
BankNF long coming closer..anytime hit now
BOUGHT AXIS..
Well, the harder I practice, the luckier I get. :) - gary player
DLF resistance at 380 +
Well, the harder I practice, the luckier I get. :) - gary player
bought rcap…
Well, the harder I practice, the luckier I get. :) - gary player
Hi Neeraj,
where did you put the SL for Axis? Is it below 10: 20 bar?
Sreeny
Also IDFC in a good sideways consolidation since yesterday….should be juicy when it breaks out/down…
M.
BankNF Long triggered, Stops at PL
DLF looking good for LONG. Looks like sustaining above 380.
sree sir below 10 :20 bar…..3 sideways bar…..and after dat breakout bar low - f…
Well, the harder I practice, the luckier I get. :) - gary player
reliance industries is in a channel……………with 2215 as low and 2247 as high………..greaaaat trade above or below it…if hit….
Well, the harder I practice, the luckier I get. :) - gary player
Tata Steel in a channel AND a bull flag since past couple of days….worth stalking
BNF stop at 7310.
stops at pl in axis….and below sideways in rcap and dlf..
Well, the harder I practice, the luckier I get. :) - gary player
Lets see if BNK brks out of 7370. DLF LONG triggered.
2nd add in BNF abv 7378. Looks like there is no selling pressure at 7370 till now.
RCOM still a candidate for shorts
Kotak still in a triangle…either direction will be sweet
Hope someone grabbed DLF………:)
Ah,Amit,great stuff…….
tracking kotak as well :D…..
Well, the harder I practice, the luckier I get. :) - gary player
Well, the harder I practice, the luckier I get. :) - gary player
LANCO was on watchlist …….missed it though.Keep it on your radar though………moves well for us to capitalise.
Saint
reliance bought…..
Well, the harder I practice, the luckier I get. :) - gary player
KOTAK breakout
dlf axis and rcap …. stops now in profit or BE….
Well, the harder I practice, the luckier I get. :) - gary player
Charts for IDFC and Tisco…pls note: I'm looking at the 10min TF

Mihir,Where did you enter?
Saint
relianceeeeeeeee………..:D…
Well, the harder I practice, the luckier I get. :) - gary player
I'm still waiting to enter both at the high of the BO bar + very small filter…..pls correct me if I'm wrong…
Entered Tisco@393….not in IDFC yet (looks like it may be a false BO)…
Exited Banknf, Shorted, but then lost confidence and covered at BE…Need to work on the discipline part.
OMG…..PUNJ JP BOTH 200….. :)
Well, the harder I practice, the luckier I get. :) - gary player
wow….nice,neeraj
IT WAS BULL FLAG IN BANK NF AND KOTAK…
Well, the harder I practice, the luckier I get. :) - gary player
Long in bank nf again at 7365
NOT IN IT SIRRR…..:( …..thou was watchinggg………:) in reliance…and kotak..
Well, the harder I practice, the luckier I get. :) - gary player
MJ, wchich time frame do you use - 5 or 15
kotak standing at resistance….i think another blast if it clears ittt…………lets hope 4 d bestessst…. :)
Well, the harder I practice, the luckier I get. :) - gary player
nice blast in gujnrecoke…. :d..
Well, the harder I practice, the luckier I get. :) - gary player
Using 5mins SunSoft….
HDIL approaching breakout point
HDFC one more for the Shorts Stalk List
Tisco :)
:) :) GREAT trade mvk…
Well, the harder I practice, the luckier I get. :) - gary player
Thanks Neeraj…almost got stopped out at BE, but patience paid off….
Great going yourself! :)
Tisco: taking half off at 404.50
BNF seems to be moving in a channel ..
in bank nf…..
after 7395 there r buyers at 7378…..ooooopsss……….. where r mid buyersss… ??
Well, the harder I practice, the luckier I get. :) - gary player
Yea, have noticed lower volumes in BNF these days.. have to put round number triggers (which are the support/resis levels) or get major slippage :(
Tisco: out last half at 406. Now completely out at an average price of 405.25.
Ascending Tri in bank NF ? looks like a long
MJ, the formation is supposed to be bearish wedge. If the top TL is flat, then its bullish. As far as I know
consolidation in Axis bank…. btn 805 - 812.70
MJ,
on the 10min, BNF looks to be in a channel, with a possible double-top if it takes out 7365….or can go long above HOD if it crosses that….
just my 2 cents…
I guess its the story of elephant with five blinds - in this case though only one blind - me ….
will go long above HOD+F in BNF….
all in process of training the eye…like saint sir watches everything……and we all learn frm saint sir and each other….
even i didn quite get saint sir's short in bank nf…….his charts in d evening will speak 1000 words….with 1 more chapter of learning today :) :)
Well, the harder I practice, the luckier I get. :) - gary player
thanks Milind , MVK :)
No problem, MJ
By the way….looks like a nice bull-flag developing in Tisco…..stalking it
eying hdil fr short…….
Well, the harder I practice, the luckier I get. :) - gary player
helllllo its FRY day………after lot of boaring movessss…….sumthing shud happen after 3 :D ……
Well, the harder I practice, the luckier I get. :) - gary player
RCAP SHORTTTT.
Well, the harder I practice, the luckier I get. :) - gary player
BNF close to breaking today's Up TL….
Will go short if 7365 gets taken out…
what a fall in axis…….didn take……….ooopsss……..was stalking thou……in rcap :D…..
Well, the harder I practice, the luckier I get. :) - gary player
BNF: 7365 taken out….but not taking the trade…not much time left
BNF :)
OUT of rcap…..
Well, the harder I practice, the luckier I get. :) - gary player
Some nice trades in Kotak,GMR and AXIS……looks like everyone rocked.
Great going everyone.Well done.Win or Loss,learn from your trades and then forget about it…….enjoy your weekend.Come back refreshed and ambush the next week.
Monday is not only a new day,it's a new week,a new month.
Hope you all rocked in May……may we do the same in June as well.
Saint
Hi All,
could anyone plz explain the home work part of ambush trades?
Some of the pts which I consider are:
1. Trend
2. EOD chart analysis for any major trendline break up and support/resistance
I''ll check only FNO charts to trade….
Plz explain if I miss anything…
Yes Sreeny…….the trend of the daily charts,trendlines,its pullback,etc….Will get clearer over the coming days.
Saint
LONG STALK……GMR INFRA
FAILED BEARISH PATTERN….therefore LONG….HDIL
Another one on LONG RADAR is YES BANK
gm allll……. :)
me too stalkingg hdil,, kotak…longs only…. shorts near 677….coz 60 min pl….. stalking punj as well….
Well, the harder I practice, the luckier I get. :) - gary player
triangle in punj..
Well, the harder I practice, the luckier I get. :) - gary player
Unitech taking off……
Oh well….took off
YES BANK doesn't react the way otther banks react…still bullish sideways
AXIS BANK a kiv SHORT
SHORTED RCAP AND NIFTY….
Well, the harder I practice, the luckier I get. :) - gary player
Star of the day so far is AXIS BANK
STOPS BE now taking punj short if hits……
Well, the harder I practice, the luckier I get. :) - gary player
ooops…missed kotak… standing on 60 min reversal…
Well, the harder I practice, the luckier I get. :) - gary player
What a move in BNF…it has broken the up trendline which it started from 27th May and looks like there should be some support around 7200…
Wow GMR…….
GMR Rocking!!
EYING DLF..
Well, the harder I practice, the luckier I get. :) - gary player
wohhooo gmrrr…..nice trade sirrr……. :)
Well, the harder I practice, the luckier I get. :) - gary player
here goeeeessss dlf… :D …………
Well, the harder I practice, the luckier I get. :) - gary player
3 TRADES
small loss in rccap and nifty………….and booked profit in dlf………eyinngg kotak 4 long…also bank nf,,,,
Well, the harder I practice, the luckier I get. :) - gary player
PUNJ LLOYD……
reliance……gud risk reward….
Well, the harder I practice, the luckier I get. :) - gary player
DLF Bullish sideways
Ah,same in RIL……Thx Neeraj
DLF long…………ril keeping an eye….
Well, the harder I practice, the luckier I get. :) - gary player
UNITECH if anyone is in….super stuff,but look to take off the table
dlffff. :)
Well, the harder I practice, the luckier I get. :) - gary player
relianceee :)
Well, the harder I practice, the luckier I get. :) - gary player
ril stops lil above breakdown bar… amost BE.. also dlf now stops in profit….
Well, the harder I practice, the luckier I get. :) - gary player
OUT OF DLF.. 415.10 - SF.
Well, the harder I practice, the luckier I get. :) - gary player
will reenter…if get small stop..
Well, the harder I practice, the luckier I get. :) - gary player
axis sar at 745.50 + f
Well, the harder I practice, the luckier I get. :) - gary player
failed breakdown in reliance….. hmmm…lets seeee……….till nw luks gud…as it retested tl after breakdown…hav seeen dis many times….tl is most of the times tested…after breakout or breakdown…
Well, the harder I practice, the luckier I get. :) - gary player
Yummy GMR………..:)
gng long ril…sl pl….. failed breakdown……
Well, the harder I practice, the luckier I get. :) - gary player
wow HDIL………..
ailaaaa……out lil loss reliance……
Well, the harder I practice, the luckier I get. :) - gary player
shorted kotak bank…sl ph…
Well, the harder I practice, the luckier I get. :) - gary player
eying dlf..
Well, the harder I practice, the luckier I get. :) - gary player
lso jp ass..
Well, the harder I practice, the luckier I get. :) - gary player
dlf will be fun if 60 min pl also breaks….kotak triggered short in 60 min flow…
Well, the harder I practice, the luckier I get. :) - gary player
SBI,AXIS,Bank Nifty all looking good as shorts
Hmm….quite a lot of good looking shorts
TOOK DLF ALONG WITH KOTAK…
Well, the harder I practice, the luckier I get. :) - gary player
yeaaa sir…now only if 60 min pl also breaks…. :) 4450 gets taken out in nifty…today might b supeeer day…..
Well, the harder I practice, the luckier I get. :) - gary player
dlf very near to 60 min pl…….break breaaak dear dlf…..
Well, the harder I practice, the luckier I get. :) - gary player
dlf back to 1st support of 304-05 area..
Well, the harder I practice, the luckier I get. :) - gary player
IN AXIS NOW….kotak stop at BE….and dlf stops at lil loss…..nice reliance thou not in itt…. :)
Well, the harder I practice, the luckier I get. :) - gary player
sir please explain abt the hourly bar closing..cause and effect……whenever u get time….
Well, the harder I practice, the luckier I get. :) - gary player
Short NF and Bnf…..both of them toiling hard so we can reach our targets..
supportt zoneee….below it positional tf will joinnn…
Well, the harder I practice, the luckier I get. :) - gary player
axis and kotak BE now….will take aban…..as it will; b failed breakout…..and nice pl to short…..gud risk reward/.
Well, the harder I practice, the luckier I get. :) - gary player
nice axis…go goo……
Well, the harder I practice, the luckier I get. :) - gary player
dlf long triggered….
what a move in dlf…very nice…..
Yep Rishi…and great going!
Saint
axiss…. :D….stopped in dlf…..and still holding kotak..
Well, the harder I practice, the luckier I get. :) - gary player
niceee tradee rishiii :) ![]()
Well, the harder I practice, the luckier I get. :) - gary player
axisssss…kotakkkk…..wohooo…
Well, the harder I practice, the luckier I get. :) - gary player
720-715 AREA IS GUD SUPPORT FOR AXIS……if breaks den balle balle…….
Well, the harder I practice, the luckier I get. :) - gary player
luking to short aban…if this turnsout to be failed breakout…pl near….
Well, the harder I practice, the luckier I get. :) - gary player
aban will b a tl break….
Well, the harder I practice, the luckier I get. :) - gary player
stops of kotak and axis @ latest ph…..in profit….
Well, the harder I practice, the luckier I get. :) - gary player
wow..u guys rocking today!!Great going!!
Keep a watch on certain weak patterns,coz that's where the shorts work best.
ABAN :)
what filter you guys use in ABAN?
Well, the harder I practice, the luckier I get. :) - gary player
2.5 - 3 shud doo…..
Well, the harder I practice, the luckier I get. :) - gary player
thanks neeraj….
out of kotak and axis…..will reenter…if get sumthing gud….
Well, the harder I practice, the luckier I get. :) - gary player
Not in any - but metals just shot up - TataSteel, Ster, Sail, Sesa
saint sir,
i am having some difficulties in selecting stocks for next day. i scan around 50 stocks on daily chart and then select some 10 to 12 stocks for trading next day. i dont have any specific criteria for the scan. just look at candles like hammers and dojis and select stock that way. whats the better way to do it?, or in short whats your way to do it?
SO
saint sir,
please answer when time permits…..
SO
DLF 60 MIN SHORT.GNG TO TRIGGER
Well, the harder I practice, the luckier I get. :) - gary player
ITS JUST BANK NF AND NF FUTURES THAT ARE MOVING……. A TRAP ? ? ?
Well, the harder I practice, the luckier I get. :) - gary player
Looking at indices - Midcap and small cap indices are almost flat, metals positive. So not sure if its narrow
nice upmovee…
wasnt able to capatilize…..mind played gamesss…. thou days target achieved… took 3 trades only…will post later in d day….in amush charts…
Well, the harder I practice, the luckier I get. :) - gary player
neeraj, it does look like a trap…bears were trapped naked by bulls :)
bearsss….ki lagg gaiiii…. ![]()
really terrific movess on the upsidee…….
Well, the harder I practice, the luckier I get. :) - gary player
Hellow All,
It seems the Ambushing technique here includes geometrical patterns. My technique for trading geometric patterns is to enter a few tick above/below the breakout/down bars high/low. This will take care of the false breakouts. Also I am using targets for exits.

regards
saint sir,
please answer when time permits…..SO
Hello SO,
I am sure Saint will answer you.
But just would like to share the way i do it…might be useful to you or might not.
1. I check few stocks such as jpa, punjl, ril, relcap, sbin, dlf, hdil, tatasteel, bnf, nf.
2. I go through daily charts of these scripts.
I look for candlestick patterns, such as doji, bullish/bearish engulfing patterns.
I look for the stock for which the ATR(3) is decreased. The idea is that there is chance of bigger move next day. It may not give big move forming another narrow range day.
If you see doji or inside bar on daily chart then ATR(3) will show decrease in value.
3. Once I shortlist some stocks from daily timeframe, I go through 60 min timeframe to find out the congestion pattern, the stock could be about to breakout or breakdown. 60 Min chart will be made up of 7 bars for a day. On daily chart if its doji then it will show congestion of 7 bars on 60 min.
When you find the stock about to say breakout then it may or it may face resistance. and next day you can play in both direction depending on the pivot you get.
4. This way you get normally list of 4-5 stocks.
5. Monitor them next day. If stock starts with irratic movement on 5 min tf, I discard that.
6. Then I normally use pivots to enter and exit. Also high volume bars for exit.
7. also you have to take care that you do not whipsaw. I find day high/low comes handy in this.
Now little fun part:
If one feels above method is KG method, then one can take a look at,
1. RSI or MACD: Because of congestion, mostly RSI or MACD would show divergence. if one still feels RSI and MACD are std 1st, then one can still further apply mathematics on them.
Also you may get the confluence of few EMAs coming together because of congestion.
2. One can also apply VSA to find out is whether that congestion is accumulation or distribution. The small bar on daily is because of supply coming or demand not there.
3. During the congestion mostly, one can get volume profile. so once the balance is there, price has to move out of balance.
4. Some NR1, NR2 or NR 4 if congestion is more on daily.
5. Now during the trading day one can try to find simple patterns like triangles, wedges. If one feels this is boring, then one can draw as many lines as possible to check existence of any animal like, butterfly, crab etc.
Finally all finally meet in Rome :-) :-) :-)
Kaiser…
Hellow All,
It seems the Ambushing technique here includes geometrical patterns. My technique for trading geometric patterns is to enter a few tick above/below the breakout/down bars high/low. This will take care of the false breakouts. Also I am using targets for exits.
Hello,
Very nice.
Could you elaborate more on targets for exits? Do you use the same targets the way they are mentioned in traditional pattern explanations in the books. I normally find safe to exit at 80% of that target.
Also one more thing, how is your position management? Do you enter all position at once?
Kaiser…
Hellow All,
It seems the Ambushing technique here includes geometrical patterns. My technique for trading geometric patterns is to enter a few tick above/below the breakout/down bars high/low. This will take care of the false breakouts. Also I am using targets for exits.
regards
Roughly the same as what we are doing…..Join the club,JE,a warm welcome to you!!
Saint
saint sir,
i am having some difficulties in selecting stocks for next day. i scan around 50 stocks on daily chart and then select some 10 to 12 stocks for trading next day. i dont have any specific criteria for the scan. just look at candles like hammers and dojis and select stock that way. whats the better way to do it?, or in short whats your way to do it?
SO
—
1. I check few stocks such as jpa, punjl, ril, relcap, sbin, dlf, hdil, tatasteel, bnf, nf.
2. I go through daily charts of these scripts.
I look for candlestick patterns, such as doji, bullish/bearish engulfing patterns.
I look for the stock for which the ATR(3) is decreased. The idea is that there is chance of bigger move next day. It may not give big move forming another narrow range day.
If you see doji or inside bar on daily chart then ATR(3) will show decrease in value.3. Once I shortlist some stocks from daily timeframe, I go through 60 min timeframe to find out the congestion pattern, the stock could be about to breakout or breakdown. 60 Min chart will be made up of 7 bars for a day. On daily chart if its doji then it will show congestion of 7 bars on 60 min.
When you find the stock about to say breakout then it may or it may face resistance. and next day you can play in both direction depending on the pivot you get.4. This way you get normally list of 4-5 stocks.
5. Monitor them next day. If stock starts with irratic movement on 5 min tf, I discard that.
6. Then I normally use pivots to enter and exit. Also high volume bars for exit.
7. also you have to take care that you do not whipsaw. I find day high/low comes handy in this.
SO,What is written by Kaiser above is exactly what I do…….the only difference is:I could not have put it so lucidly and so clearly.
Great going,my friend,and great to have you back in action.
Saint
Hi, Saint Sir,
Thanks for ur warm welcome.
Kapilji,
I will come up with a small writeup, may be in a new thread, soon, to explain how I trade geometrical patterns. My targets sometimes differ from what is said in books. I always exit with targets, sometimes it is fine as the market reverses from target zone, sometimes not, as market makes a big move through the target zone. Never used the "add" technique, as I rely on high win rates.
A warm welcome to you JE.
Will be looking forward to valuable inputs from your side.
Kapil
SBI breaking pivots
Cent text and TATA steel stalking for longs.
SHORTED ABAN… gm all…
Well, the harder I practice, the luckier I get. :) - gary player
TATA steel could not breakout. Looking to short after pb.
looks like inv H&S pattern in Kotak bank, waiting for confirmation…
caught kotak….
Well, the harder I practice, the luckier I get. :) - gary player
gm to all,
Failed Breakdown in Aban
sl of aban was 961…….but i got to exit at 967…. :( neways…..long in kotak… wasnt able to catch aban…….
Well, the harder I practice, the luckier I get. :) - gary player
ne1 caught aban longggg … . .. .
Well, the harder I practice, the luckier I get. :) - gary player
out of kotak….
Well, the harder I practice, the luckier I get. :) - gary player
aban trading in a box 1021 to 1041
SBI trading in a range….. will take on either side bbreak out/down.
3 hammers in nifty fut 60 mnts
wht does they signify?
These sideways patterns are great,so long as you keep out of them as they play out…….A directional move either direction is fine by us,either today or tomorrow.
Saint
So far a bullish sideways,NR……..react to the breakout when it happens.
saint sir thnx.
when free plz provide link of candlestick studies..
ENTERED ICICI….stalking kotak….
Well, the harder I practice, the luckier I get. :) - gary player
BNF short below 7199 and also watching for brkdown failure if it happens.
bank nf….- dese double figures are gud place to book part profits….if any…..it always gives a bump at dese places…luk rite nw 7200…..so best to keep stops at a safe place here…..
tsunil taught me dis…he used to scalp perfectly…..
Well, the harder I practice, the luckier I get. :) - gary player
kewwwwl.. kotakkk gng my way…….60 min trend still down….so can b a blastt…lets see.. ![]()
Well, the harder I practice, the luckier I get. :) - gary player
breakout failure RCAP…
Well, the harder I practice, the luckier I get. :) - gary player
break of tl in hdil.
Well, the harder I practice, the luckier I get. :) - gary player
KOTAK RCAP HDIL :d .. …..
![]()
Well, the harder I practice, the luckier I get. :) - gary player
dlf gng to join 60 min pl…..
Well, the harder I practice, the luckier I get. :) - gary player
out … will luk to reenter…
Well, the harder I practice, the luckier I get. :) - gary player
isnt it flags in almost everything……. SOH…
Well, the harder I practice, the luckier I get. :) - gary player
Hello SO,
I am sure Saint will answer you.
But just would like to share the way i do it…might be useful to you or might not.1. I check few stocks such as jpa, punjl, ril, relcap, sbin, dlf, hdil, tatasteel, bnf, nf.
2. I go through daily charts of these scripts.
I look for candlestick patterns, such as doji, bullish/bearish engulfing patterns.
I look for the stock for which the ATR(3) is decreased. The idea is that there is chance of bigger move next day. It may not give big move forming another narrow range day.
If you see doji or inside bar on daily chart then ATR(3) will show decrease in value.3. Once I shortlist some stocks from daily timeframe, I go through 60 min timeframe to find out the congestion pattern, the stock could be about to breakout or breakdown. 60 Min chart will be made up of 7 bars for a day. On daily chart if its doji then it will show congestion of 7 bars on 60 min.
When you find the stock about to say breakout then it may or it may face resistance. and next day you can play in both direction depending on the pivot you get.4. This way you get normally list of 4-5 stocks.
5. Monitor them next day. If stock starts with irratic movement on 5 min tf, I discard that.
6. Then I normally use pivots to enter and exit. Also high volume bars for exit.
7. also you have to take care that you do not whipsaw. I find day high/low comes handy in this.Finally all finally meet in Rome :-) :-) :-)
Kaiser…
SO,What is written by Kaiser above is exactly what I do…….the only difference is:I could not have put it so lucidly and so clearly.
Great going,my friend,and great to have you back in action.
Saint
Dear kaiser
excellently written. thank you very much for explaining all with such simplicity will learn from that and put here if any question.
thank you saint sir for confirmation
pin drop silence here…
enter aban long …booked half at big vol bar …
RIL, TataSteel, ICICI showing weakness
HDIL looking to short below 302
BankNF Short….60min still long but close to its Reversal
Nice on HDIL,Amit…will join u if it breaks.
Saint
standing short in axis and kotak….
Well, the harder I practice, the luckier I get. :) - gary player
will join u guys in hdil : ) ![]()
Well, the harder I practice, the luckier I get. :) - gary player
had also taken some GMR earlier on……looking good.
kotak bank stops at latest ph…… in profit… ![]()
Well, the harder I practice, the luckier I get. :) - gary player
axis stops at latest ph. near BE .. kotak doin great…
Well, the harder I practice, the luckier I get. :) - gary player
Inflation for the week ended 23rd May, 2009 at 0.48% v/s 0.61%
Well, the harder I practice, the luckier I get. :) - gary player
Neeraj, isn't it breakdown failure in kotak ?
yes if it clears ph ….
Well, the harder I practice, the luckier I get. :) - gary player
out both…..axis lil loss….kotak lil profit…..
Well, the harder I practice, the luckier I get. :) - gary player
HDIL in consolidation
nice DLF …rocking!!
HDIL threatening to break out
GMR as well
Nice moves in JPA,Unitech
ABAN stalking for LONG
what level is the long in ABAN?
SBIN is making small H& S pattern in 5 min chart….. will wait for BD….
today we got nice moves in SBIN, BNF and mini… rocking…:-)
NF has a triangle in 5m seemingly broken out. But all 5 bars post breakout have wicks. It is having hard time attempting to breakout over 4570. Meanwhile missed out on two ADAG flyers Rcap and RelInfra
HDIL nice….too bad got out at 324
Okay done for the day……today,we are back to our routines of posting Ambush Charts in Neeraj's thread.Let us keep learning and improving by leaps and bounds.
So Journal as always…….and tomorrow is a New Day
Saint
ps:Sorry if I am getting parrot like…a bit adamant to drum home the attitude.
eying SBI in for short………….and bank nf…
Well, the harder I practice, the luckier I get. :) - gary player
breakdown on HDIL - potentially a bearishg WW on 30m
thanks milind… :) may be u can show us by posting a chart……..
sbi in 60 min pl will join hands if short is triggered…
Well, the harder I practice, the luckier I get. :) - gary player
shored…bnf
Well, the harder I practice, the luckier I get. :) - gary player
SHORT BNF and will add below this bar if it closes strong below trendline.
thnx amit.
Well, the harder I practice, the luckier I get. :) - gary player
BNF in short territory….SBI looking especially weak
yes sirr….stalking SBI…. :) :) feels nice when i see what u see……..learning everyday frm ur trades….
Well, the harder I practice, the luckier I get. :) - gary player
SBI long above 1837+f…
btw, LT is rocking :)
SBI still looking weak……
Nifty toppy as well
SHORTED SBI :)
Well, the harder I practice, the luckier I get. :) - gary player
watching since morning dis sbi… :D
Well, the harder I practice, the luckier I get. :) - gary player
LT amazing….keep it going…
A false move at last 5m bar of an hour?
4 tops in nifty …. ![]()
Well, the harder I practice, the luckier I get. :) - gary player
consolidation on hdil…
Well, the harder I practice, the luckier I get. :) - gary player
still holding LT with mutliple adds and added just again…feel like getting a huge move in this today….lets hope for the best :)
too much time remaining in the day so far….plenty of time for good moves on either side…
Now a fifth attempt by NF to breakout. Bad day today with too many whipsaws.
what a day in LT though…covered 1/3 @ 1525…
RCAP in action
LT :) :)
covered another 1/3 in LT….will keep the last 1/3 till close… :)
eying punj…
Well, the harder I practice, the luckier I get. :) - gary player
possibility of failed breakout in many…..nt so happy wid longs……
Well, the harder I practice, the luckier I get. :) - gary player
shorted hdil….
Well, the harder I practice, the luckier I get. :) - gary player
in punj as well.
Well, the harder I practice, the luckier I get. :) - gary player
Nice Unitech……
Well, the harder I practice, the luckier I get. :) - gary player
PUNJ AND HDIL blasssssst………….. ![]()
failed to pick more….price action was 2 quick….. dlf was the 1 i missed…..dese 3 were d 1's with pl's nearby….for short…and failed breakout……
Well, the harder I practice, the luckier I get. :) - gary player
good correction….now market in the hands of S&P..we traded with trend…60min shorts were hit but reversed using EOD reversal rule…lets see if it keeps us on the right side on the market….good luck and have a good weekend…
GMR triggerred.
DLF still in a mini bear flag…looking good for a shorts play.
TOOK KOTAK :)
gm all……..eying hdil…and dlf……
nice nice gmr sir :) a blastt to start wid…
Well, the harder I practice, the luckier I get. :) - gary player
AXIS another breakdown from a sideways congestion.
yes Neeraj…..nice way to start a week.:)
i loveee kotak bank ![]()
Well, the harder I practice, the luckier I get. :) - gary player
RIL Blast to the up…News related?
Well either way,for the watchlist
YEAAA…….i too lukd at d spike in reliance….dun hav TV nearby :D……![]()
Well, the harder I practice, the luckier I get. :) - gary player
booked kotak +2.24%
out of dlf as well….will reenter…. +2.12 %
Well, the harder I practice, the luckier I get. :) - gary player
very nice beautiful charts in TATA STEEL……..missed today's fall,but nice.
So far,it's been a Shorts Day……if we are looking to enter long if mkts move up,buy strength.Buy a stock that is showing strength,today that would be RIL.
Well, the harder I practice, the luckier I get. :) - gary player
short BNF
DLF approaching its daily pivot low of 388
REENTERED KOTAK…
Well, the harder I practice, the luckier I get. :) - gary player
GMR also broke its daily pivot low
KOTAK also near its daily pivot low of 640…..
hope the silence is not that the fall is being watched from the sidelines………hope you are all busy raking in the moolah that you have no time to post.
:)
No no…sar…staying put.
This is 1st short of my first day with real money in BNF Ambush 5L.
Good Going…
Thanks.
TFL,
Trading For Living.
DLF nice move….:)
aaaah here moves my kotak……stops at BE……….4th trade till now….dlf to is rockinggg…………![]()
i meant after reentering its BE on reentered trade…..
Well, the harder I practice, the luckier I get. :) - gary player
Okay guys,well done…..Neeraj ,plz keep a watch over this thread tomorrow and throw out plays like always.Shall join you on Wednesday.
Saint
ahh….sir u r goin partying … ![]()
yes sir will b here as always :) ![]()
Well, the harder I practice, the luckier I get. :) - gary player
i took kotak and dlf…as posted in morning…..tata steeel….i had in mind yesterday as 60 min pivots were 2 near…gud risk reward but…misseddd……rest punj rockeed……will post charts in d evening…..in ambush charts…………
A SIMPLE DAY TODAY….HOPE EVERY1 MINTEED MONEY TODAY :)
Well, the harder I practice, the luckier I get. :) - gary player
I refer to Nifty futures (as I have watched and traded this) — there are days when NF trends one way right from the start till 3:28PM. This happens very often in a month. With some experience one can recognise such days and ride it till the end. In such days avoid taking reverse positions and if due to congestion one comes out - then re-entry in the original direction on break of the congestion can be taken again & held till the end of the day.
Such days are gold mines and all previous losses get wiped out in such days.
Bee
higher tf….trend is down……bearish engulfing in daily charts…most of stocks…….
not interested in long..till higher tf r wid us…
Well, the harder I practice, the luckier I get. :) - gary player
vol's r decreasing in d upmove now………pl's in place in punj kotak dlf….axis.. hdil.
Well, the harder I practice, the luckier I get. :) - gary player
taking sum less qty long…kotak…..abt 1% sar
Well, the harder I practice, the luckier I get. :) - gary player
aban broke out of cup and handle
amit can u show us what u see…. a chart :)
Well, the harder I practice, the luckier I get. :) - gary player
eying jp over dis bull flag…….low vol's…..if gives long…..
Well, the harder I practice, the luckier I get. :) - gary player
taking 2nd trade long…coz 1st stop now moved at very near BE…..
kotak sar at sideways….near be…
Well, the harder I practice, the luckier I get. :) - gary player
KOTAKKKK………. :)
Well, the harder I practice, the luckier I get. :) - gary player
jp also standing long……sl below sideways…..
Well, the harder I practice, the luckier I get. :) - gary player
out of kotak…will reenter…
Well, the harder I practice, the luckier I get. :) - gary player
OUT OF JP
shorted axis bank….
Well, the harder I practice, the luckier I get. :) - gary player
Missed the action but think you guys rocked today…..Well done,everyone.
Some super moves in all our favourites like AXIS,PUNJ,KOTAK,DLF,TATA STEEL,GMR,etc…….Nice!!
All the best!
Saint
wasnt able to take full advantage yesterday…caught cold……
nt well today too…..still will trade lil…..
kotak hot list………in range since 20 days….expecting breakout today…..lets see if we get a setupp….
Well, the harder I practice, the luckier I get. :) - gary player
icici bank on list too…
Well, the harder I practice, the luckier I get. :) - gary player
long kotak…
Well, the harder I practice, the luckier I get. :) - gary player
Hi neeraj,
Kotak broke out.. its above 710 right. whats the flr value you use for Kotak?
Thanks in advance!
breakout as expected :)
Well, the harder I practice, the luckier I get. :) - gary player
real small :) say near 1rs.
Well, the harder I practice, the luckier I get. :) - gary player
kotak stop BE…axis long..
Well, the harder I practice, the luckier I get. :) - gary player
stops axis @ 10:45 bar 739.1. - vsf……
Well, the harder I practice, the luckier I get. :) - gary player
i am the only 1 posting here…….. ![]()
hi there ne1 homeee…. ![]()
Well, the harder I practice, the luckier I get. :) - gary player
with you neeraj ..in kotak & BNF
Come on Neeraj…..:)
Was in Reliance…booked. Watching the usual suspects, for Shorts now.
Puneet
:) both near
SAR…
Well, the harder I practice, the luckier I get. :) - gary player
neeraj… shall we short kotak below 710….
yes i will short…latest ph also near….
Well, the harder I practice, the luckier I get. :) - gary player
it will b failed breakout on daily and 60 as well..
Well, the harder I practice, the luckier I get. :) - gary player
SHORTS SHUD B RITE…LUK AT REALITY STOCKS FALL….SHORTED KOTAK…
Well, the harder I practice, the luckier I get. :) - gary player
stopped out kotak…
Well, the harder I practice, the luckier I get. :) - gary player
BAUGHT ICICI….
Well, the harder I practice, the luckier I get. :) - gary player
here it goeees…………..yeyeeee…….
Well, the harder I practice, the luckier I get. :) - gary player
now clear R2 and it will b funnn……….
Well, the harder I practice, the luckier I get. :) - gary player
stops @ 737…
Well, the harder I practice, the luckier I get. :) - gary player
stalking rcap 4 longs…
Well, the harder I practice, the luckier I get. :) - gary player
and jp
Well, the harder I practice, the luckier I get. :) - gary player
BOUGHT JP..
Well, the harder I practice, the luckier I get. :) - gary player
SBI 3rd breakdown attempt failed.
Eyeing Reliance once again….kotak acting a lil difficult today.
Puneet
thanks amit……..lukin at other banking stocks……..sbi can b guddd……:)
stalking…
Well, the harder I practice, the luckier I get. :) - gary player
yepp p sir……dats y switcheed………… :D
Well, the harder I practice, the luckier I get. :) - gary player
Looks like Kotak is forming a triangle pattern… if it's break out above 728 will be juicy…..
stalking hdil failed breakdown….
Well, the harder I practice, the luckier I get. :) - gary player
AXIS too in triangle.
Hope all of you had a great day so far………:)
Saint
Stalking GMR,CENT TEX,UNITECH for possible short opps.
Saint
w/c back saint sirrr…… :)
now mkts will moveee…….
long kotak…
Well, the harder I practice, the luckier I get. :) - gary player
lol neeraj….nice kotak…oh,long?Am short….
Saint
OOPS….short….. ?
neways will exit below breakout bar……
exited all longs…except kotak……..shorted rcap…
Well, the harder I practice, the luckier I get. :) - gary player
u rock sir….nice GMR…. a lotttt to learn frm u …..
Well, the harder I practice, the luckier I get. :) - gary player
Kotak Bank not behaving today…naughty boy….
ST
saint, you short kotak after seeing high volume bar?
thanx
Daily tgt achieved……..outta all posns……not feeling alright.Will settle for this though for gains in 40mins.
yes vineet……the high volume bar ,kiv possible failed breakout,an inside bar after that gives us a low risk entry.
Hi Saint sir,
just small query regarding Kotak short trade. It was forming a triangle pattern before the BO bar so I put my order above HOD+Filter. My long triggered above HOD but later my sl hit. How do we trade in such type of situations?
Do we need wait for BO and pullback if it's normal break out (without a WRB) or wait for next 5 min bar if it's BO with a WRB? Silly question but need your help.
Plz clarify…
Thanks in advance.
nice kotak….:)
short in gmr and jp…
Well, the harder I practice, the luckier I get. :) - gary player
tata steel relative strength
nice Tisco… watching Rcom as well
Puneet
Now if we form a PH in kotak will take it for longs
sesa on long stalk list…looking good
sesa :)
out jp…….lil profit…out gmr lil loss…..stalking kotak and dlf fr longss….. :)
Well, the harder I practice, the luckier I get. :) - gary player
Long Punj….waiting for kotak breakout as well
Great Catch Saint :)…..
bought reliance…….
Well, the harder I practice, the luckier I get. :) - gary player
mini flow will join hands i think in reliance……..
Well, the harder I practice, the luckier I get. :) - gary player
tough market since 2 days……
Well, the harder I practice, the luckier I get. :) - gary player
SBI a h&s on 60min and lower tfs.Neckline yet to crack.
short kotak now……
please nw breakdown nicelyy jp and punjj……….
Well, the harder I practice, the luckier I get. :) - gary player
nice nice kotak mj….
Well, the harder I practice, the luckier I get. :) - gary player
sir unable to seee the sbi pattern…..:( nt so gud….pls show us chart whenever u free………..
Well, the harder I practice, the luckier I get. :) - gary player
booked…and out……will reenter..
Well, the harder I practice, the luckier I get. :) - gary player
lukin to enter gmr…..
Well, the harder I practice, the luckier I get. :) - gary player
Punj forming a symt triangle now. Might take the rest of the day to form…
DLF looking good for longs….But not really sure, Any opinions Neeraj,Saint ?
markets moving both wayss….being chooosey noww……….eying gmr instead…in a bear flag…….
but hdil hit longs…..dun knw what is hapenning in mkts frm 2 days….bears nd bulls having a tough fite :)
Well, the harder I practice, the luckier I get. :) - gary player
SOH for now….till sum unision is dere…
Well, the harder I practice, the luckier I get. :) - gary player
have been SOH for some time now,except in Sesa.
GMR…….
IN KOTAK AS WELL… ![]()
Well, the harder I practice, the luckier I get. :) - gary player
Stalking SUZLON for a long play.
Kotak — > mini acending triangle after a break of trendline to the up. Looking to go long above HOD
Do correct me if im seeing things in a wrong perspective, am new to ambush
MJ-
Punj looking weak, Open above the triangle then straight right into it. Looks good to short.
Nice Sesa…..
Hope someone took the Suzlon play……nice moves today.
Saint
Took suzlon , booked most at 127.6 but looks like it will go way way up from here.
Great going,MJ…and nice out!!
Saint
KOTAK breakdown,nice short trade so far….importantly that is a failed breakout pattern on the daily charts and if the close today is weak and no gap up on Monday,this is going lower from here.So through next week,keep this on watchlist.
Saint
Thanks Saint :)….where is our star trader Neeraj today? missing him!
MJ-
wow,tata steel,nice move up
yep,mj,missing Neeraj today
:) saint sir nd mj…missed u guys too….was caught with sumthing personal…will join u guys monday :)
will try to post sum charts later in d weekend….a blastt day today…specially kotak hdil dlf :)
happy weekend to all…….
Well, the harder I practice, the luckier I get. :) - gary player
Long bias in Sesa and Tisco.. Other candidates more apt for Shorts.
Puneet
rcap possible short…..60 min pivot lies here….
Well, the harder I practice, the luckier I get. :) - gary player
didn tata steel just trigger positional shorts…60 min…. ? ?
shorted…….5 min ph SAR….
Well, the harder I practice, the luckier I get. :) - gary player
tata steel….60 min…
Well, the harder I practice, the luckier I get. :) - gary player
Yes Neeraj….60 turns in Tisco
Well, the harder I practice, the luckier I get. :) - gary player
reversed tata steel..
Well, the harder I practice, the luckier I get. :) - gary player
Added……moved sl to 445.5
Well, the harder I practice, the luckier I get. :) - gary player
culpritt relianceee…………:D
Well, the harder I practice, the luckier I get. :) - gary player
Bullish Flag in Sesa…nice if this breaks out.
possible fai;lled breakout in kotak..
Well, the harder I practice, the luckier I get. :) - gary player
4500 area nifty….support….
Well, the harder I practice, the luckier I get. :) - gary player
in kotak…eying hdil as well.
Well, the harder I practice, the luckier I get. :) - gary player
always gives 15-20 pts bounce frm naked 00 area……
means when touched 1st time….like 4500 being touched after long tym fr 1st time….
Well, the harder I practice, the luckier I get. :) - gary player
eying jp….nice risk reward.. + failed breakout…
Well, the harder I practice, the luckier I get. :) - gary player
waiting fr 3 'O clock
Well, the harder I practice, the luckier I get. :) - gary player
jpp on d moveeeee…………….
Well, the harder I practice, the luckier I get. :) - gary player
kotak stopss at BE…
Well, the harder I practice, the luckier I get. :) - gary player
Well, the harder I practice, the luckier I get. :) - gary player
amalgamation of stocks…take multiple trades when everything is doin sumthing………….all stocks 1 way….
Well, the harder I practice, the luckier I get. :) - gary player
at its low at hourly close…………does dis gv direction to next hour…….saint sir watches dis always…lets see……
Well, the harder I practice, the luckier I get. :) - gary player
BOOKED…….out in profit…total 4 trades…. 2 tata steel….1 jp 1 kotak….
Well, the harder I practice, the luckier I get. :) - gary player
Back from my holiday…what a trip!
Will be around here from tomorrow :)
Hope everyone had a good Day!!
MJ-
eying icici bank over sideways………..
Well, the harder I practice, the luckier I get. :) - gary player
Punj has strong support…..will be difficult to short it at these prices…
icici sl at lil below BE…
Well, the harder I practice, the luckier I get. :) - gary player
SL BE and added..
Well, the harder I practice, the luckier I get. :) - gary player
eying reliance…..
Well, the harder I practice, the luckier I get. :) - gary player
Bought……….reliance..
Well, the harder I practice, the luckier I get. :) - gary player
long puj kotak…..Got to admit that entry was late in punj
where 'd u enter mj….:) ?
Well, the harder I practice, the luckier I get. :) - gary player
Above 10:50 bar high neeraj….. where did you get or would have if ur not trading punj?
Please feel free to correct me if I falter or your trades differ…
a downmove…1st 5 min bar….bug 1….den a rally….3 bars up……with strong closing in each 1….gud vol's….the more time it takes the more strong it is……den a resting bar………..
if upmove comes…we get pl……so entry above 10 :15 bar high….with new formed pl as stop…….nice risk reward…..nice to take chance here…..it was overly sold….we in gud bull run…..so probability fr a gud bounce was gud….. + we got higher tf oversold after long time :)
regards
neeraj
Well, the harder I practice, the luckier I get. :) - gary player
Great charts neeraj, cash charts look different, no pivot there. Good entry!
nope mj same chart in cash as well…….resting bar … or pl in formation 10 :20 bar…..in icharts :)
5 min chart….
Well, the harder I practice, the luckier I get. :) - gary player
icici bank is in triangle..
Well, the harder I practice, the luckier I get. :) - gary player
broke on upside :)
holding since morningggg……pheeew……. eyingg JP.
Well, the harder I practice, the luckier I get. :) - gary player
with you on this neeraj….thanks for the heads up
eying HDIL for short.
Well, the harder I practice, the luckier I get. :) - gary player
eyeing punj….also in a triangle…tightening now
bought instead…hdil….vol…nd risk reward…
Well, the harder I practice, the luckier I get. :) - gary player
gooo icici gooo…….holding you since morningggg………. :)
Well, the harder I practice, the luckier I get. :) - gary player
very good JP..and SBI..all banking stocks looking strong…
BOOKED profits…… :)
Well, the harder I practice, the luckier I get. :) - gary player
will go long in reliance over ph…..if hits…
and short in punj below pl..
Well, the harder I practice, the luckier I get. :) - gary player
hdil also long candidate…60 min pivots wid us.
Well, the harder I practice, the luckier I get. :) - gary player
Shorted Rcap….out now, no loss.
Long Punjlloyd…
Nice Punj!….using neeraj's style, Stops at BE now.
Axis maybe forming a symmetrical triangle, though needs to go down and touch lower TL….Buy stops at day's high.
bank nf hdil hotlist………..
icici long.. rcap, kotak keeping an eye….
Well, the harder I practice, the luckier I get. :) - gary player
with u in punj mj :) :)
Well, the harder I practice, the luckier I get. :) - gary player
caught axis short………
Well, the harder I practice, the luckier I get. :) - gary player
mast mast axissss….. :)
Well, the harder I practice, the luckier I get. :) - gary player
bookeeed fulll profitss in axis
![]()
Well, the harder I practice, the luckier I get. :) - gary player
short Kotak, Punj
bought reliance.
Well, the harder I practice, the luckier I get. :) - gary player
Out of both….
Ready to take longs in kotak now…but waiting for another pivot to form to take it.
Stalk Longs in ICICI and AXIS
and RIL
rcap on long list too..
Well, the harder I practice, the luckier I get. :) - gary player
deflation - 1.6
Well, the harder I practice, the luckier I get. :) - gary player
hope someone caught the axis
Axis,the pattern of trade is Inv H&S
nice icici
anyone who took the NF above that sideways,great going and an add coming up over the next pivot high.
RELIANCE rcap and axis………. :)
Well, the harder I practice, the luckier I get. :) - gary player
tgt achieved using the classical rules of inv h&s trade…still holding though with tight stops
Rcap in a triangle…..
punj at hourly pivot made day before yesterday……If it breaks from this downward channel will be interested in longs…
Rcap short now…..900 is strong support, below it now, but a bounce is expected….If we indeed breakdown then its going to be a huge move down
Good day…covered all Rcap
Long TataSteel
AXIS still on longs watch if not in already……keeping an eye on HDFC LTD as well once it crosses 2335
well done,mj,some nice trades yesterday
:) Saint
Longs if trigger today will be difficult to take, immediate resistance. These are the trades which are difficult, on one hand we think why are we buying strong resistance and on the other we have a method that we have to follow and if we blast up we will curse ourselves of not following the plan. Maybe a smaller position should help.
Saint what do you do in such situations?
MJ,track the long timeframes as well for a clearer perspective,use the direction of the miniflow of the stock you are trading as a guideline.For example,we took the longs in BANK NF and was stopped.Now we are holding short posns,if this moves decisvely to the down and breaks a pivot high,we would be exitting our short posns.But miniflow still being short,we would sit on sidelines till we get the next opportunity to go short again.
Unless we get a reversal that is……of course,sometimes,we can get whipped about.So far,today is turning out like that :)
The strategy of this thread is to look into the longer tfs and trade the juicy ones when the mkt opens.For example,AXIS BANK is looking more and more like a LONG that is waiting to erupt.KOTAK BANK looking like a short about to dump.So,when we want to get into longs,we get into axis…..when the trend moves down,we get into kotak.We want just that trend,that move,and then we are off to some other stock to plunder.A clear cut directional move will get axis and kotak on the same page,presuming longs,…..but there always is a DLF or RELCAP that is on our shorts watchlist.So on so forth,the game goes on.
The longs that trigger and that are contratrend to the larger tf,yes,you could take smaller sizes……but use the miniflow as a guideline and stay out of unnecessary trades.
Saint
Wow..that sums up the thing beautifully.
I hope someone is compiling all the gems that we get from Saint here.
Puneet
Thank you saint for such a detailed reply.
Like yesterday down move…but before that we had a upsurge where axis was taken exited….then we shorted the huge move down. Thanks Saint. Many things getting clearer now.
MJ-
another gem of a post from saint sir….thank u ……..
Well, the harder I practice, the luckier I get. :) - gary player
GMR setting up a topping tail on the hourly….but careful on trades in the lunch period
Took longs in RCAP PUNJ…..then out of both
Now short RCAP
Short Hdil and Short DLF….covered some in all three …little bit still holding rcap with adds
nice moves in kotak,gmr….notice that relatively axis is not dumping the same way as kotak.Neither was kotak as exuberant as axis when price had moved up.
Therefore the logic of picking on longs in axis and shorts in kotak till something happens to get them both on the same side.
Covering 50% rcap here……Still short DLF HDIL
Unitech making its move….
Icici Long, reason was :
Triangle Failed breakdown, Possible Bullish WW as well…
out at 707.3 as WW target met…
Have a great weekend everyone!
EDIT: markets have closed now….Exited wayy to early...
MJ-
Continuing in the next part…….http://tradersaint.com/forum/t-163807/ambush-ing-anything-and-everything-from-june19th-2009#post-513359
Saint