Random thoughts on technical analysis

[Czar]

Thank u Master Alex

Do post about Index heavies & Our traders fav Punj....

As Columbus Posted To Sir With Love (Tisco, Ongc,,,SBI, Infy, RIL....)

 

[orderflow13]

 

[orderflow13]

 

[orderflow13]

SORRY I AM VERY BIASED HERE, punj loyd is one of most fundamentally sound company( my next l & t ), but my random thought 4 today is,
is it ok to pick a stock on fundamental issues rather than technical issues?, by now infy duped every fundamental analyst ... wts ur say???

 

[Czar]

fOR Fundamentals you got to look at many factors & which state this script has no right to be at this price, whatsoever may be the future, just because its smartly split up, it does'nt mean its cheap

 

[orderflow13]

ehh thanks for mentioning the point mate,its splited n came from all the way 140 something,,but i like its hedging the core bzness with pipanova shipping bzness ...( in context of rising crude , shipping going to be cheapest transport in 10 years,etc...... god knows how deep fundamental things r )
point here is,its darling of fundamental analyst ( who targeting groath pe ) , n as violet arrow with volume bar suggest, failed attempt by bears,
its a classic study material ( fundamental vs/ technical )

 

[orderflow13]

l & t, the mystery stock in index ( l & t has been infamous for its alleged use of moving nifty index, in microscope u can see lots of false signals on t basis,only to suck the traders
p.s. atma hatya manushya should read hanging man, as it always hangs the traders

 

[orderflow13]

hi friends,
I covered lots of macroeconomic issues, now time for microeconomic issues,with special thanks to czar & columbus( in laymens term... macro means global issues, n micro means domestic/indian issues)....
in the scope of tech. analysis, i will try to look nifty heavy weights,but one thing interested me is, nature of crude & commodities prices on our index,its known fact that lots of global index dependent on crude, Russian index one of BRIC nation( brazil,russia,india,china,)is dependent positively on crude.
But now with yesterdays inclusion of rpl by replacing dr.reddy, and other new entered like cairn... making our index heavy with commodity.... yet to come up with the index component but sure its more than 25 %( 1 quarter)
p.s. also i want to look at titan, n other jewellery's stocks, rupee/ dollar fluctuation)

 

[vvvv]

alex,
is tht the parabolic sar u r using..if yes how u r interpreting it...is it useful in practical trading

 

[praveen taneja]

alex sir
want to know one thing as u told watch open interest for options but one thing is confusing where to see rise in OI in call or put at CMP I work in options n watch mostly that if call is not breaking n put rising buy call n vice versa.off course i watch levels of nifty too as suggested by seniors in other thread but i know technically it is wrong can u tell me wat is the best way to enter.I tried ghosh sirs system too on paper work but that 30% stop loss is huge if a sudden change appear but still it is success in last 24 trade i did with that got succeess in 17 times.thnx in advance