Stocks To Keep A Close Eye On

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CASPER

Well-Known Member
Dear TM,

Let me try my hand in analysing what COULD be ONE of the reasons for our Dear Savant to mention 5938-41.

As we are aware that support and resistance are not particular points on the chart but are areas around specific points .

Around these areas there is always a probability that the current trend can change .

Now let us look at the daily chart of Nifty we notice that on 29th Oct 2010 nifty formed a lowest support i.e at 5937.10 ( Creation of hanging man / Doji ) in the current trend ( Check the chart posted below ) , hence we can presume that if the current trend is bearish and the support is around 5937.10 ( area) if Nifty takes a U turn around this area we can take a long position.

Please note the above explanation is ONLY my view of looking at charts .

Until Our Captain Savant Garde ( The Ship seems to be anchored/abandoned since his absence, hardly any discussions today ) corrects / confirms my views let the above be an assumption.



Best Wishes,
Nithin
 
Last edited:
Please find the Inserted Excel Document link.... For Any Queries feel free to ask @ the original forum post:

http://www.traderji.com/equities/47...00-most-liquid-stocks-indexes.html#post490198

File link:

http://www.traderji.com/attachments...ost-liquid-stocks-indexes-report-22-11-10.xls

Will upload the report using the latest Eod data whenever i get time in the original post. The report is an automatically generated report with the help of logical equations in excel. I was making this system and backtesting and improving it since a long time. It got huge success rates. Can't reveal how my system works but will upload the file frequently

Report contains 100 scrips only but guys u can ask for other stocks too. I will answer your queries from both short term to medium term view.

Regards
Sid

Thanking You,
Sid :)
 

MurAtt

Well-Known Member
This was posted elsewhere on a group discussion ...

Stoch is in oversol .. RSI is not .. rather shows a positive div.

One day's fall may bring the RSI down too though ....

One explanation of this fall is that scrips having major weightage on the index we sold to bring the index down and lesser weightage were bought ....
That is why the DII and FII are showing net net positive AND the markets down by a 100+ pts ...

On Monday .. if we move above 5920 then 6004 is very near and if we do not mvoe up then 5852 is important for bulls .....
 

Sunny1

Well-Known Member
Dear TM,

Let me try my hand in analysing what COULD be ONE of the reasons for our Dear Savant to mention 5938-41.

As we are aware that support and resistance are not particular points on the chart but are areas around specific points .

Around these areas there is always a probability that the current trend can change .

Now let us look at the daily chart of Nifty we notice that on 29th Oct 2010 nifty formed a lowest support i.e at 5937.10 ( Creation of hanging man / Doji ) in the current trend ( Check the chart posted below ) , hence we can presume that if the current trend is bearish and the support is around 5937.10 ( area) if Nifty takes a U turn around this area we can take a long position.

Please note the above explanation is ONLY my view of looking at charts .

Until Our Captain Savant Garde ( The Ship seems to be anchored/abandoned since his absence, hardly any discussions today ) corrects / confirms my views let the above be an assumption.



Best Wishes,
Nithin
As SG always says..... expiry week.....TA will fail ....expiry week show wild swings.... and unexpected closing .......so wait till Thursday...to come at any conclusion ...till the SG will be back ...
 

columbus

Well-Known Member
Please find the Inserted Excel Document link.... For Any Queries feel free to ask @ the original forum post:

http://www.traderji.com/equities/47...00-most-liquid-stocks-indexes.html#post490198

File link:

http://www.traderji.com/attachments...ost-liquid-stocks-indexes-report-22-11-10.xls

Will upload the report using the latest Eod data whenever i get time in the original post. The report is an automatically generated report with the help of logical equations in excel. I was making this system and backtesting and improving it since a long time. It got huge success rates. Can't reveal how my system works but will upload the file frequently

Report contains 100 scrips only but guys u can ask for other stocks too. I will answer your queries from both short term to medium term view.

Regards
Sid

Thanking You,
Sid :)
Today DLF intraday buy has given good results.
 

gauharjk

Well-Known Member
Hi all,

How was the day today? Good upmove seen... It could be a suckers rally... The markets could reverse very quickly for three reasons...

1. Nifty Futures show zero premium. Still 3 days to go for expiry... That means little buying in the futures market.
2. The number of 5900 PE and 6000 CE contracts traded is almost equal. Any small negative news could push markets down...
3. US and European markets have gone down significantly today.
 
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