Stocks To Keep A Close Eye On

[aditya14]

You should have said "At least I couldn't anticipated" :rofl:

Sure Bunny u can say that.I didn`t anticipate Nifty to rally 160 points on the basis of "NO News".

 

[bunny]

Sure Bunny u can say that.I didn`t anticipate Nifty to rally 160 points on the basis of "NO News".

One of the new systems that I am working on these days has hinted sharply(on monday 21 DEC) towards a reversal to the upside. This was the same system which I had used on DEC 11 2009 (in Trading with PT style) to tell you that we may move downwards, after which we moved down by about 3%.

Its based on VSA, but adds something more to simply VSA.

I will post it here, only after it has performed consistently.

 

[aditya14]

One of the new systems that I am working on these days has hinted sharply(on monday 21 DEC) towards a reversal to the upside. This was the same system which I had used on DEC 11 2009 (in Trading with PT style) to tell you that we may move downwards, after which we moved down by about 3%.

Its based on VSA, but adds something more to simply VSA.

I will post it here, only after it has performed consistently.

Ok that will be awesome.

 

[aditya14]

I will just suggest people to book profits as there may be some profit booking in afternoon tomorrow by the biggies.
The only grudge i have is that i had sold 4900PE and could not participate in this rally as much myself.

 

[bunny]

Ok that will be awesome.

Currently the problem with that system is that there is no suitable data source. The data needed for it is simple, but our exchanges can give it in a straight forward way. Right now, I have written a small code myself that compiles this data for analysis. God knows when our exchanges will be give friendly data.

 

[nimish_rulz]

The rally which we saw today could not have been anticipated in advance,although i agree the growth story remains positive.Today`s reasons are being described as short covering rally(I`ve heard that before).

A short covering will take the markets up 3% that is insane. Plus who said the rally could not have been anticipated in advance. All the technical indicators were giving oversold positions. Global Markets outperforming our markets for last 2-3 weeks. Some people say that our markets have outperformed the global markets and we should have a steep correction I don't agree with that because our markets when they fell they fell over 70% from its peak whereas other markets fell 30%-35% so called US UK and other European Indicies.
Russia fell the most in the global downturn and so did Brazil and they have recovered over 120% in 2009 alone. Our market according to those markets is still lagging behind.
Bond yields going up, a sign that investors are willing to move to risky asset. I did not hear any bad news on Indian market apart from Inflation and a rumor about interest rate going up which was one of the main reason that markets fell as markets already discounted the news then actually waiting for it to happen.

And did I ever say no stop losses read my thread please I said alleviate the stop loss that means I had stop losses in place and kept on alleviating them.
But the short cover story seems horrendous I would have still digested that markets went up because of a positive comment from our Finance Minister who gave hope of reaching 10% growth in next 2-3 years.
Regards
Nimish

 

[nimish_rulz]

One of the new systems that I am working on these days has hinted sharply(on monday 21 DEC) towards a reversal to the upside. This was the same system which I had used on DEC 11 2009 (in Trading with PT style) to tell you that we may move downwards, after which we moved down by about 3%.

Its based on VSA, but adds something more to simply VSA.

I will post it here, only after it has performed consistently.

Wow! That would be awesome. What software do you use Metastock or Ambibroker? And can you put some light on your strategy? I mean VSA and what else are you using something to filter the VSA signal?

 

[nimish_rulz]

Here is the link for anant Sir 20 day moving average strategy in Metastock. Sorry for the mess I couldn't format it properly as I was working on PC with Japanese XP. Will post the stop loss formula shortly.
megaupload.com/?d=H62CP4ON

 

[ragh_ash]

Re: Stocks To Keep A Close Eye On - Chapter II

Savantji/ Uma
is it possible to post the position sizing statergy used by Savantji?

 

[ppmatkari]

Any views on Great offshore , its going up like a rocket. My bro has sold 3 calls of great offshore , strike price 520 at 10 rs. Is there any new news about it today or operator based management?