General Trading Chat

[varunkochhar]

 

[varunkochhar]

Looking at the out performance of some of the blue chips like Maruti/Hdfc etc. one can make his own Mutual fund by picking up say 1 share on the 7th of each month and to commit a bigger sizeable amount on retracement back to 36EMA with a hard SL of 200EMA. One can enter again if it crosses above 36EMA above 200EMA. This way one would always be in control of his investments.

 

[varunkochhar]

You would only have to monitor your position once a day anytime at EOD.

 

[varunkochhar]

OBV would help you in entries as well. Or you can buy/add when both the 15period ribbons change to blue. Your SL would be the lowest point of the price in the last red ribbon period.

 

[manoj2012]

Looking at the out performance of some of the blue chips like Maruti/Hdfc etc. one can make his own Mutual fund by picking up say 1 share on the 7th of each month and to commit a bigger sizeable amount on retracement back to 36EMA with a hard SL of 200EMA. One can enter again if it crosses above 36EMA above 200EMA. This way one would always be in control of his investments.

Hi Varunji,

What you have suggested ...... I have been already doing it for Maruti, Eicher & Bajaj Finance .... (thanx for regular posts from ST Da)

Now I have also started this for HDFC twins .... as well ...

Varunji ... if you dont mind please keep posting your OBV based technical analysis for these stocks ... from time to time ...

... a humble request ...

 

[varunkochhar]

 

[vivektrader]

Hi Varunji,

What you have suggested ...... I have been already doing it for Maruti, Eicher & Bajaj Finance .... (thanx for regular posts from ST Da)

Now I have also started this for HDFC twins .... as well ...

Varunji ... if you dont mind please keep posting your OBV based technical analysis for these stocks ... from time to time ...

... a humble request ...

I second that, many of us (including me) don't see obv and its interpretation as you do (as you have tremendous experience and hold of it), if you pen down your interpretation for select few scripts, we can at least make good use of it.

Vivek

 

[varunkochhar]

Another share which i am bullish on for long term is GMRINFRA. It can also be a multibagger in the next 5-10 years so one can buy this also every month on an SIP basis.

If you beleive in India story, then you just cannot ignore it.

 

[princy01]

Another share which i am bullish on for long term is GMRINFRA. It can also be a multibagger in the next 5-10 years so one can buy this also every month on an SIP basis.

If you beleive in India story, then you just cannot ignore it.

Probably on its listing day or weeks or months after when it's future lot size was huuuge, this gmr had traded even more turnover than nifty future for a day or two back in 2007 iirc, it's price was 1000 then?

It crashed to below 20 rs............ I am not sure what's so good about this stock, but it's market, I don't know fundamentals, maybe it's possible

 

[cinderblock]

Kya kare? Buy buy buy