I can help you with stock chart reading

[aqua2006]

I guess you are far away from what Trading means. You are more into investing mind frame. Stops doesn't make sense anymore. Talk to someone who knows fundamental analysis. Ask them what to keep and what to drop.

thanks for nothing

 

[kenneth]

hi vvonteru,

using oscilator based system, like 3-10 oscillator, but i didn't find it in any software,

As far as I know
3-10 Oscillator is a price oscillator of 3 day and 10 moving average similar to MACD. You can construct it by using OSCP function or change the parameters of MACD from 12,26 to 3,10. Oscillates above and below the Zero line.

VV Hope this is what Dave says.
Ken

 

[Czar]

thanks for nothing

easy mate no need for wise comments, you are not doing a favour by asking him...

 

[vinsu]

thanks for nothing

take it easy man. Ur portfolio and there CMP speaks for itself .

 

[chachi]

thanks for nothing

Hi aqua,

This is very sad to see such a surcastic comment from your side. Learn to accept the facts. You gain nothing from making such comments. We all will be at loss if we intimidate such marvellous teachers like vv. Hope you understand.

Regards
Chachi

 

[oilman5]

hello. mr vvonteru. are you from mumbai? would you teach trading? i want to learn from you

 

[kuldeep49]

Originally Posted by aqua2006
thanks for nothing

Easy, pal. Learn to take good advice or don't ask. As they say if you can't take the heat .....

 

[vvonteru]

thanks for nothing

I understand your frustration. I couldn't give you any suggestion. Because, if I were in your place, I wouldn't know what to do either. Best I would do is take the major loses. Take 6 month break. During the break, read books, develop a methodogy with money management. Do some paper trading. Then come back. But, I couldn't give that advise as it requires complete overhaul.

Every major player in today's market has gone through what you are going now. Its like Jesus (was it Jesus?) asking, show me anyone who has not erred in their life.

However, good news for you. Market indexes are showing positive. They have crossed the trading range. We are going up to tackle 2 more resistances. If they can do it, you can regain the money. So, watch the indexes.

Sectors Up
Banks
Cement
Pharma
Consumer Goods (came out of the trading range recently)
Health Care (came out of the trading range recently)
IT
BSEPSU (came out of the trading range recently and tested the top of trading range successfully)

Sectors Still in Trading Range
Consumer Durables
MIDCAP
SMALLCAP
AUTO
METAL
OILGAS (ONGC is doing good)

 

[aqua2006]

wow vvonteru; u got a good fan club over here. anyways my previous reply was in the heat of the moment and just dont mind it, although if u would have replied this way before i would have been more thankful.
your analysis of other stocks compelled me to write to you as it was very impressive.
i am a novice in trading but surely there is no 6 month break for me and infact i am going to make the most of these 6 months. i dont mind learning the hard way.
thanks for your last answer but be assured i will disturb you again.

 

[kumar7]

Dear Mr VV

Can you relook the charts of Rolta (I entered at 170, it has crossed 200 today, I want to add more), Aftek (facing resistance at 58-60 region), and HFCL (entered at 27.80). Their charts are showing marked improvement, just like the market as a whole!

Another question: Don't you think good, a consistent (or sudden) above average volume in a stock is a sign of something immenent---a sign of some dramatic change in the price movement---upwards or downwards movement in the stock price. I want to buy into stocks before they make a upward correction in the stock price, not just find a good trading range.

Thanks!
Kumar