Pro User
100 % agree with you prashant. Its difficult to hold winning position. but with practice and support of you & biren bhai we have achieved it. one system in Renko enters long @ 17310 on 31.3.2023 its still going on. now my TSL is 18439.
My learning is " If one reverse his position(as per system) without checking Profit or loss he only can hold winning position"
kitna dena he ya lena he wo market ko decide karne do, hum to sirf lakir ke fakir bane hue he.
todays low = Previous close
cmp or todays close > todays open (bullish day)
(these all should happen after a decent down trend or a fall. )
pl. chk DBL 22.5.2023 and 23.5.2023
22.5.23 close 162.10
23.5.23 low 162.10 and remain a bullish day close was 167.10
its an erly trend reversal signal for Kanti Kaka's students. as the fall is from around 750.00
today its traded at 301
after palanthi you will witness spike in the price either on same day or in 5-7 days.
i can give ample of examples. Major kanti kaka's chavi are bottom fishing, low risk and high return.
SL Previous days low. (on close based)
I think this step will make Definedge on another level... highly appreciate it.
Kick Chavi (half Gangotri) in Cosmofist , HDFC BANK & HDFC
Cosmofirst
CMP 601
SL 590
HDFC BANK
CMP 1603.50
SL 1590
HDFC
CMP 2646
SL 2630
Today Last day of the Month and in Nifty Monthly Visamo Active -
MV tgt is 20946.
Gangotri Chavi applied in Jindal World
CMP 325
SL 300
cmp is 2279 means above 2275 so from kick to Gangotri Formation (better and power full) . SL will remain same.
cmp 1405 2% up . Previous Gangotri candle's re entry also works well.
palanthi chavi applied in SBI CARD
CMP 846.50
SL 829
Palanthi Chavi Applied in Deepak Nitrate.
CMP 1968
SL 1916
Gangotri Chavi Applied in Page Inds.
CMP 37935
SL 36500
Gangotri - A (Short) Chavi applied in ICICI BANK
CMP 992.5
SL 1010
3 Gangotri - A in a raw in ICICI Bank. highest high is 1008.7
unless untill close above 1010 its as short candidate.
now 4.75% up. cmp 90.35 power palanthi
Biocon.
on a weekly chart - on week end 31.3.2023 PV done. (PurnaViram - i.e. fullstop to mandi?)
P.week close(24.3.2023) - 198.70 & 31.3.23 low 198.85 & a bull week.
monthly chart - In April month PV done.
March'23 close - 206.35 April'23 low - 206.65 & a bull month. Also monthly wing uchallan done.
it looks its been bottom out. upper side swing uchallan tgt 410 - 487.
CMP 243.65 SL 191 and nearest support is 230.00
Palanthi chavi Applied in HDFC BANK
CMP 1569.5
SL 1555
Note : till EOD Low of 1561.50 should remain intact.
cmp 86.5 now 8% up.
right time entry done.
now far above gangotri tgt of 51.25
cmp 59
Gangotri chavi applied in TCS & Kotak Bank
TCS CMP 3486
SL 3444
Gangotri tgt 4305
Kotak Bank
CMP 1764
SL 1732
Gangotri TGT 2165
Palanthi Chavi applied in Reliance & Tata Motors
Reliance CMP 1279 SL 1243 (yesterdays low)
Tata Motors CMP 794.75 SL 759 (yesterday's Low)
Palanthi - Todays low = Previous Close. Basically a profit booking chavi by Kanti kaka. but as per my studies its a strong Reversal situation.