New Intermed Uptrend!!

[gandharvashu]

Hi Saint!

On which technical aspects u rely for intermediate trend, if you want to tell. I hope you can help me.

 

[gandharvashu]

Hi vizzie!

I would like to try. I think East Silk has given breakout but only if it is able to sustain above 203, i think it will move further.
DIC India will test 200 level needs to sustain above it.
In TIL, I would recommend exit as very strong resistance b/w 180 to 190 level, unless it crosses 190 with good volume, bye bye

 

[gandharvashu]

Hi Saint!

Your view on this stock that I think is good for medium-term is Mascon. It looks to me good technically

 

[hardevsokhi]

Is there any online daytrading web site or trading system
that provide automatic trading on stockmarket that place
entry and exit order automatically based on selected period
moving average?

 

[Saint]

Hello Saint,

Fantastic Call as Always....though missed it...up 13%

Regards

Roneeth

Hi Roneeth/Dhanya/Anupama/JayRaj

Thx for your kind words........sincerely appreciated!

Saint

 

[Saint]

Thanks Saint.I got in at 333,but still took part in a great move today.Also took profits.Thanks again!! Also,please comment on Balrampur Chini.

Anu

Great going Anupama........nice! .As for BALRAMPUR CHINNI,its a BUY over 99 with a stop loss at 91.Looking good!

Saint

 

[roneeth]

Hello Saint,

Mcleod Russel took out its previous resistance of 65,was sideways from mid october trading around 59....good Volume is also coming in....How do we trade this?Do we Wait for todays Close?

Thanks and Regards

Roneeth

 

[Saint]

Hi Saint!

On which technical aspects u rely for intermediate trend, if you want to tell. I hope you can help me.

Hi Gandharvashu,

For the intermediate trend,the only thing I am looking at is the weekly charts and pivots,with some help from TRIX,RSI and Stochs and Volume.

Basically,I play pivots again and again and again....and not to forget patterns.Basically all analysis at the end of the day in every chart is the pivot analysis and pattern analysis.........not sure if I have sufficiently answered your doubt.

Shall give a more in depth reply later.

Saint

 

[Saint]

Hi Saint!

Your view on this stock that I think is good for medium-term is Mascon. It looks to me good technically

Hi Gandharvashu,

MASCON :The problem with this one is the strong resistance around the 18 area.....if planning for the intermed term,which is weeks to months,we are looking for a bigger move than from 15-18.In the short term though,think we are going back to 18 and retest that area.

Think there are better patterns out there.......this one has to fight through tremendous amounts of supply.Let us look for something where our return on investment would be greater with relatively less risk.

All the best!
Happy Trading!
Saint

 

[Saint]

Is there any online daytrading web site or trading system
that provide automatic trading on stockmarket that place
entry and exit order automatically based on selected period
moving average?

Maybe,maybe not........sorry,my friend,can't help you with that one.Never really trusted anything put on auto gear.I believe that one has to educate oneself,and press the trigger as per the education.....so I am really the last one to ask on auto entries,auto exits,auto stops,and auto profits.

But I could just be plain old fashioned.........hope you find what you are looking for.

All the best!
Happy Trading!
Saint