Hurst Cycles Trading Software - Accurately Forecast Nifty and Stock Cycles

Monday, August 22, 2011

Rolled Up

Rolled over to higher strike calls(5000) in the morning pop up as I said, after booking profits in 4800 calls (from 80s until 136..so made up for any notional losses in the shorts).

Now we wait for a retest of the lows or lower. Maybe maybe not :) Wait and watch!

Best,
Lee

3 comments:

Meshach. M said...

hurst cycle studies seem interesting . i have found afls to do the job and the displaced MA says we will mostly top tomorrow in nifty and a tgt of 4650 as per daily cycles and a weeklycycle tgt of 4223 ... your comments...

arc said...

Mr Meshach can you pl post your daily & weekly charts.
Also hou do you anticipate that Nifty will top tomorrow.
thanks in advance.

Anil

Lee said...

Hi Meshach,
Yes you can find afls to do most of the job. May need to learn much more around the Hurst methods to use them more accurately.

Nice to see your interest. And yeah you might be right about the top today or it could take a few more days of backing and filling.

Best,
Lee