ICICIBANK, RCOM

Short ICICI 800- 810 - 20 - NO SL

SHORT RCOM - 90 NO SL

EXIT NIFTY & BANK NIFTY LONGS AND START SHORTING ON RISES NO SL

Happy New Year - New Calls!

I wanted to wish all my readers a very Happy New Year! Hope you have a blast!!

I've been rather lazy and it took me time to update the scorecard - but here it is anyway - http://www.wolfewaveindia.com/p/scorecard.html

We're currently tracking a 42% monthly return with an annualized return of 503.9% - All calls are there for you to see at the scorecard section above. 

The accuracy was 85% - There were a total of 40 calls posted with 33 of them being winners. The other 7 had a maximum loss of Rs. 22,700 and an average loss of Rs. 3,224

The good news....the aveage win was Rs. 10,930 with a total gain of Rs 284,000 from December 5th till date.

:)
I wish you all success for the new year!

Here are a few calls that you can enter:

RCOM

My earlier post http://www.wolfewaveindia.com/2011/07/buy_22.html

Buy RCOM at 93 - Targets 110 - RCOM now at 108


Hold for 137

RCOM - Lot size 2000 - Margin 47000

I wanted to post some interesting stuff while I was going through this chart of RCOM.

Here is a weekly chart showing you a Gartley. But this gartley is not complete until the stock heads down to 110 / 83 level.

Here is a daily chart of RCOM - Wolfewave & Gartley in the making. It seems that the stock could go this way. Keep a SL @ 119 and go long for 140/160. It would also mean that the stock would head down after testing 140 / 160 to - 100 or 80.

RCOM - Lot size 2000 - Margin 61000

Buy RCOM @ CMP SL @ 122 - There is a Wolfewave + a GAP that neds to be filled.

Target 138-142