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Gangotri - A in Cummins (SHORT SELL)

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  • M Offline
    M Offline
    Mehul Bosamia

    Pro User

    wrote on last edited by
    #1

    Gangotri - A (Short) Chavi applied in cummins.
    CMP 1936
    SL today's high 1980

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  • R Offline
    R Offline
    R S Siva Kumar
    wrote on last edited by
    #2

    Can you please explain what is meant by Gangotri-A

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  • M Offline
    M Offline
    Mehul Bosamia

    Pro User

    wrote on last edited by
    #3

    Gagotri - A at top works well today 2.3% down.
    cmp 1882

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  • M Offline
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    Mehul Bosamia

    Pro User

    replied to R S Siva Kumar on last edited by
    #4

    @R S Siva Kumar
    in an uptrend when ever market opens above or at same price of previous Day's high and then gives close below previous day's open or close which ever is lower then Gangotri - A shall be applied. (previous body cover) in candle stick it will look like Bearish Engulfing.

    in Cummins its now weekly Gangotri - A plus AARIYA chavi. means downward will be more faster.
    For Aaiya chavi it should give close below 1883.

    In UPL opposite of Gangotri - A i.e. Gangotri chavi applied yesterday.
    cmp 624
    SL 610

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  • P Offline
    P Offline
    P Raju

    Pro User

    wrote on last edited by
    #5

    Do we have any scanner for this setup?

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  • M Offline
    M Offline
    Mehul Bosamia

    Pro User

    replied to P Raju on last edited by
    #6

    @P Raju
    for live scanner I uses Chartink.
    for Gangotri - scanner name is MB Gangotri
    for Gangotri - A Scanner name is MB Gangotri - A
    you can search the same and can use it. or you can make your own scanner.

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  • P Offline
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    P Raju

    Pro User

    wrote on last edited by
    #7

    @Mehul-Bosamia Thank you

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  • M Offline
    M Offline
    Mehul Bosamia

    Pro User

    wrote on last edited by
    #8

    cummins yesterday done Aaruya chavi in Weekly by closing below 1883.
    now if today clsoe below 1850 then it shall be a Monthly Gangotri - A and Monthly aariya chavi shall be applied.
    CMP 1810. short identified at 1936 with SL of 1980.

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  • M Offline
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    Mehul Bosamia

    Pro User

    replied to Mehul Bosamia on last edited by
    #9

    @Mehul Bosamia
    Power of AAriya chavi. as said by kaka it accelerate the speed - yesterday applied and today down 6% now traded at 1777.

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  • M Offline
    M Offline
    Mehul Bosamia

    Pro User

    wrote on last edited by
    #10

    new low of 1701 after Gangotri - A

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