Stocks To Keep A Close Eye On

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SavantGarde

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Hi Stock,

Yess..to think about it...absolutely true.... It is also said... if one can drive and survive in Mumbai...then one can drive anywhere in the world....


SavantGarde

P.S.: from tomorrow instructions will be like... De-clutch... Keep the accelerator floored...Put it in reverse (For Short)... Put it in Neutral...(To Square Up)

If you allow me then I will like to explain/understand in a single below sentence ..
" It is like driving " that too in busy Mumbai roads...
 

rajeabc

Well-Known Member
Hi SK,

To be frank.... Don't know what I call Price Action....is the same thing as the link given by Dan for pdf.... will need to download and have a look at it... to see...

It is just that I enjoy trading....and this what I have done from the time I started trading around August of 2004... therefore I don't know any better....

Yesss... with all the requests for explanation...I find myself in a fix... how to explain.... how I pick the stocks or why I do something at that point of time....

It is far easier if somebody is sitting next to me to explain... why I am doing something at that point of time... Yess.. even the requested explanation has now become a challenge... so have to sit & write out some sort of explanation that makes sense to everybody who is interested....

So...Folks... give me sometime to get this explanation bit organised on paper....


SavantGarde
savant Sir ,
I opened FEW documents at the links which Dan gave yesterday. I found those more like fundamental of Technical.. Like Trend line, Support ..Resistance etc.

What I have got from your previous posts, you use Bid-Ask price spread analysis to trade.. If I am right.. Then I was looking to understand how to read these data more preciously .
For ex: I was trading(made decent profit) TATA STEEL today and when I checked best 5 bids details , I noticed that there are more buyers than sellers and offered price was not coming down rather bid was going up..Please have a look on picture for more clarity on what I am trying to say..

 

saivenkat

Well-Known Member
If you allow me then I will like to explain/understand in a single below sentence ..
" It is like driving " that too in busy Mumbai roads...
Hey Stock72 dear,

If you say like that, our SG bro will use this to escape.. and would advice us to go for DRIVING SCHOOL TO LEARN PRICE ACTION:D.:D. its only now after repeated request he has accepted to ignite our dull brains with some sparks.:lol:
 

swati23

Well-Known Member
Hi SG,

You said you are totally against Margin trading and it is possible to make 20k on a small account of 2.5-3L. I'm assuming it is Futures you are talking about. However, if we buy a Vijaya Bank lot i.e 4000*100=4L.....that would also make it leveraged, wouldn't it?

PS: Sorry for asking so many questions. :)
 
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SavantGarde

Well-Known Member
If you don't Understand..tell me you don't Understand.. How Will I Understand That you don't Understand..Understand...!!!

SavantGarde

Thanks for considering our request.. we understand that it will make your ungli's still shorter.. but in order to escape from the claws of "we pesters" pestering you during market hours in perpetuity.. you must do this teaching for us SG bro...

and ah.. forget not to add screen shots in it.. so that dunces like me will try to understand, what you try to make us understand..Ok..now you understand, what i try to understand you.:D



Saivenkat
 

saivenkat

Well-Known Member
You should have wrote like this:
"So that DONKEYS like ME & PP ....."
:rofl:
PP bro.. I dont want too many of them joining our club..
Lets restrict the entry here by setting some high standards., so that we can avoid last minute rush..:rofl:

Shall we give entry to Gauhar bro when he returns.. please make a quick decision:rofl:
 

rajputz

Well-Known Member
savant Sir ,

For ex: I was trading(made decent profit) TATA STEEL today and when I checked best 5 bids details , I noticed that there are more buyers than sellers and offered price was not coming down rather bid was going up..Please have a look on picture for more clarity on what I am trying to say..



Hi rajeabc,

Looks like you are using icicidirect web based trading. this won't help you much untill and unless it is on java platform or flash platform (And icicidirect don't have that). Cause Bid and Ask change very fast while trading as there are thousands of traders bidding up and asking down or vice a verse. This kind of movement is better watched on trader terminals or flash/java based websites.
 
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