Stocks To Keep A Close Eye On

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SavantGarde

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Veluri,

I do not look at anything except price action when trading..... No Charts... No India Vix... No Volume.... essentially nothing...except the on screen current Bid Ask.....& OHLC columns.....

The way I trade is difficult for anybody to trade....and lot more difficult for me to explain...& teach.... don't like cluttering my head with things that are not necessary for Trading......neither am I aspiring for Doctorate... I am happy so far...with 1% or even less of knowledge....that I have imbibed...


Happy & Safer Trading

SavantGarde


@SG,

Today India VIX is up 11.73% Vs Nifty which is 1.98% down.

Is it useful to see some divergence between these two? A bit of enlightenment is expected.:D
 

veluri1967

Well-Known Member
Veluri,

I do not look at anything except price action when trading..... No Charts... No India Vix... No Volume.... essentially nothing...except the on screen current Bid Ask.....& OHLC columns.....

The way I trade is difficult for anybody to trade....and lot more difficult for me to explain...& teach.... don't like cluttering my head with things that are not necessary for Trading......neither am I aspiring for Doctorate... I am happy so far...with 1% or even less of knowledge....that I have imbibed...


Happy & Safer Trading

SavantGarde
Indicators, charts are right brain activity. Analysis is probably left brain activity.

When we spin rainbow colours, we see only one colour ie pure white.

As we gravitate to the centre of trading genius, our thinking becomes as pure as white. Write and erase.....write and erase....no remenants whatsoever.

Great to see a person as pure as white.:clap:
 

columbus

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PGDIMES

Well-Known Member
@SG,

Today India VIX is up 11.73% Vs Nifty which is 1.98% down.

Is it useful to see some divergence between these two? A bit of enlightenment is expected.:D
I think your question has been answered by AW10 or Rohan Shenoy in another thread. They found that VIX has inverse relationship with index or in other words, when VIX is maximum, the index hits the lowest level and vice versa. India VIX is ranging between 18 to 21 for the last couple of months and option sellers are not at ease with it (Linkon has posted his views in one of his threads).
 

MurAtt

Well-Known Member
I think your question has been answered by AW10 or Rohan Shenoy in another thread. They found that VIX has inverse relationship with index or in other words, when VIX is maximum, the index hits the lowest level and vice versa. India VIX is ranging between 18 to 21 for the last couple of months and option sellers are not at ease with it (Linkon has posted his views in one of his threads).
Color coded replies :

How so ... Vix is volatility index ... volatility can be upside too ...

It actually means that the mkt from moving 20 pts range in a day will be expected to move 100 pts+ .. anyways i.e. up and/ir down ... thats it ...









If Vix ix low then option writes can earn cool money .. it is in times of high Vix that option writers need to be afraid.


:)
 

SavantGarde

Well-Known Member
To add to my earlier diatribe quoted below.....

Do not get swayed.... by Broker's Recommending... or the move you see in RPOWER..... it is just an eye wash.... to improve sentiment & blitz of sorts...where Investors forget the fiasco of RPOWER IPO...... when looked into more carefully...would not be surprised even a wee bit...if Mr.AA is looking to collect some more money from the public in the next 6 months or so.....


Happy & Safer Investing

SavantGarde

Frankly....I wouldn't enter into any scrip of AA.... as and when RPOWER comes on stream... will see about investing then

Suggestion stay out for now....there are way too many companies in the power sector..... and perhaps better than RPOWER..... AA talks about everything in superlatives....Biggest, Largest, Longest.... but haven't seen anything on such superlative scale except downside on his scrips....


Happy & Safer Investing

SavantGarde
 
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