Stocks To Keep A Close Eye On
- Thread starter SavantGarde
- Start date
- Tags afl amibroker
- Status
Hi Jace,
What A PEanut...
Market Never Trades At Fair Value....If We Have Many Countries Globally In Doldrums...Money Must Go Somewhere Because It Will Not Remain Idle...& Moreover....USD Carry Trade...Thanks To Fed Maintaining Near Negligible Rate...Is A Rare Happening...Indeed...Therefore All Sorts Of Money Will Inflow Into Our Markets...
Considering I Have Never Been Such A Huge PEanut...
Now Coming To Technicals....
I Have Never Looked At Weekly Or Monthly Charts For Trendline, Leave Alone Breakouts Or Breakdowns...Did Not Have The Luxury Of It On My Home Grown Software...Atleast Now That I Have Started Using AB...I Am Still Tiptoeing Through Everything That AB Has To Offer...
Everything I Have Ever Said About Markets Has All Been Based On EOD & Simple MAs...Don't Have Anything Complicated In My Quiver Yet.
Keeping All The Above In Mind...I Will Ride The Trend As Far As It Will Take Me...If There Is Going To Be Some Resting & Then I Shall Look In My Quiver Again For Any Downward Arrows....
Happy & Safer Analysing
SavantGarde
What A PEanut...
Market Never Trades At Fair Value....If We Have Many Countries Globally In Doldrums...Money Must Go Somewhere Because It Will Not Remain Idle...& Moreover....USD Carry Trade...Thanks To Fed Maintaining Near Negligible Rate...Is A Rare Happening...Indeed...Therefore All Sorts Of Money Will Inflow Into Our Markets...
Considering I Have Never Been Such A Huge PEanut...
Now Coming To Technicals....
I Have Never Looked At Weekly Or Monthly Charts For Trendline, Leave Alone Breakouts Or Breakdowns...Did Not Have The Luxury Of It On My Home Grown Software...Atleast Now That I Have Started Using AB...I Am Still Tiptoeing Through Everything That AB Has To Offer...
Everything I Have Ever Said About Markets Has All Been Based On EOD & Simple MAs...Don't Have Anything Complicated In My Quiver Yet.
Keeping All The Above In Mind...I Will Ride The Trend As Far As It Will Take Me...If There Is Going To Be Some Resting & Then I Shall Look In My Quiver Again For Any Downward Arrows....
Happy & Safer Analysing
SavantGarde
Savant sir Global Analysts bol kar itni joor se mat maro.
Let me see if I can explain. With todays closing price the Nifty P/E stands at 22.77. QoQ basis average earnings growth has been 3%. Assuming the growth to be linear even with 5100 the P/E still stands at 21.98 i.e close to 22. The historical frequency distribution for month of December stands as given below.
P/E Probability
20 29%
21 29%
22 10%
23 23%
24 10%
with given range
(Expected P/E) Expected Close
20 4640
21 4872
22 5104
23 5336
24 5568
On Weekly charts 4872/4640 are trendline breakout on downside & 5336 breakout on upside.
Considering that Global broader markets are in decline to me 4872 looks more plausible than 5336.
Having said that ability to predict and ability to control are two different things. Since I play with trend I will switch sides as cards open.
Thank you
Let me see if I can explain. With todays closing price the Nifty P/E stands at 22.77. QoQ basis average earnings growth has been 3%. Assuming the growth to be linear even with 5100 the P/E still stands at 21.98 i.e close to 22. The historical frequency distribution for month of December stands as given below.
P/E Probability
20 29%
21 29%
22 10%
23 23%
24 10%
with given range
(Expected P/E) Expected Close
20 4640
21 4872
22 5104
23 5336
24 5568
On Weekly charts 4872/4640 are trendline breakout on downside & 5336 breakout on upside.
Considering that Global broader markets are in decline to me 4872 looks more plausible than 5336.
Having said that ability to predict and ability to control are two different things. Since I play with trend I will switch sides as cards open.
Thank you
I Have Never Looked At Weekly Or Monthly Charts For Trendline, Leave Alone Breakouts Or Breakdowns...Did Not Have The Luxury Of It On My Home Grown Software...Atleast Now That I Have Started Using AB...I Am Still Tiptoeing Through Everything That AB Has To Offer...
Everything I Have Ever Said About Markets Has All Been Based On EOD & Simple MAs...Don't Have Anything Complicated In My Quiver Yet.
Keeping All The Above In Mind...I Will Ride The Trend As Far As It Will Take Me...If There Is Going To Be Some Resting & Then I Shall Look In My Quiver Again For Any Downward Arrows....[/COLOR]
Everything I Have Ever Said About Markets Has All Been Based On EOD & Simple MAs...Don't Have Anything Complicated In My Quiver Yet.
Keeping All The Above In Mind...I Will Ride The Trend As Far As It Will Take Me...If There Is Going To Be Some Resting & Then I Shall Look In My Quiver Again For Any Downward Arrows....
[/COLOR]
Bows down in respect
SB,
We Are Headed Much Much Higher Than 5200+, When Market Decides To Consolidate Is Not Known....But Your PUT Is Definitly Running Against Time, On Holidays, Weekends & Even When You Are Sleeping & In The Loo...
SavantGarde
We Are Headed Much Much Higher Than 5200+, When Market Decides To Consolidate Is Not Known....But Your PUT Is Definitly Running Against Time, On Holidays, Weekends & Even When You Are Sleeping & In The Loo...
SavantGarde
Hi Aakasdeep,
3IINFOTECH - Has Been In Downtrend From 11th November, Presently Upside Looks Capped But Anytime During The Month You Get 3-5 Bucks Profit Exit It, Because You Can Enter Some Other Small IT Scrip For Better Prospects.
TINPLATE - You May Exit Between 70-75
Happy & Safer Investing
SavantGarde
3IINFOTECH - Has Been In Downtrend From 11th November, Presently Upside Looks Capped But Anytime During The Month You Get 3-5 Bucks Profit Exit It, Because You Can Enter Some Other Small IT Scrip For Better Prospects.
TINPLATE - You May Exit Between 70-75
Happy & Safer Investing
SavantGarde
- Status
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