Analysis of charts - discussion share ur views

[saivenkat]

... SRF has been in a very strong uptrend since early last year and has been higher lows since then.

yes.. i agree you stand point, but then i two factors urged me to quit the stock at that point of time..
A) the need for money for other urgent purpose.
B) The foolish sentiment that i had i me, that this stock does bring in me ill_luck than of anything... May be one can categorize that i have yielded to EMOTION AND SENTIMENTS at that point of time during exiting from the stock.

P.S : 1) Dear Fanatic trader, can you please tell me how people MAKE MULTIPLE QUOTES WHILE responding to a post??

2) Why not you friend, try to upload the charts using http://imageshack.us/ than of the one that you currently use. Because i feel that it gives a good clarity of the charts that is posted here.

@ VISHAL
When Vishal is back, this thread comes alive with all new energy.

Thanks a lot for analysis friend..

Regards
Saivenkat

 

[FanaticTrader]

yes.. i agree you stand point, but then i two factors urged me to quit the stock at that point of time..
A) the need for money for other urgent purpose.
B) The foolish sentiment that i had i me, that this stock does bring in me ill_luck than of anything... May be one can categorize that i have yielded to EMOTION AND SENTIMENTS at that point of time during exiting from the stock.

P.S : 1) Dear Fanatic trader, can you please tell me how people MAKE MULTIPLE QUOTES WHILE responding to a post??

2) Why not you friend, try to upload the charts using http://imageshack.us/ than of the one that you currently use. Because i feel that it gives a good clarity of the charts that is posted here.

@ VISHAL
When Vishal is back, this thread comes alive with all new energy.

Thanks a lot for analysis friend..

Regards
Saivenkat

@ Sai...

- Multi quote is not very difficult to post...Whatever you want to quote just add "

" and "

" in between phrase.

- I'll try and use Imageshack

 

[FanaticTrader]

Is this time to be really careful on IT stocks?

Any views/counter views are most welcome

 

[saivenkat]

@Fanatic Trader,

Friend could you please reload the charts, as it is not clearly seen..

Happy trading

Saivenkat

 

[SwingKing]

Anyone who can bear shake outs going forward will make good money in IT stocks by going short. In between rallies should be shorted.

Tc

 

[Esse]

Anyone who can bear shake outs going forward will make good money in IT stocks by going short. In between rallies should be shorted.

Tc

Hi Raunak,

Could you please suggest some IT stocks for the purpose?

Thanks and regards

 

[SwingKing]

Hi Raunak,

Could you please suggest some IT stocks for the purpose?

Thanks and regards

Focus more on Large Cap IT stocks. Not Midcap. !!

For that matter you can look at Infosys. On every rally, slowly build your positions. Don't be surprised with a 100 - 150 jump. Keep building positions sensibly. There is always risk if the trend reverses, hence you need to build positions conservatively.

Tc

 

[FanaticTrader]

Any views?

 

[Vector]

Above 1030 we go to 1045-50...:clapping:

 

[columbus]

All 4 indicators like RSI,stochRSI,CCI and %william showed bullishness
just before a week or so expiry, on 3 previous occasions in last 3 months.
But this time the bullishness was shown on 13th itself.