Stocks To Keep A Close Eye On

Status
Not open for further replies.

PGDIMES

Well-Known Member
Dear SG,

It's impossible for me to decode the PA of VIJ... Most of the time the spread is 0.05 and all the 5 quotes are also similar... Though trying... Plz decipher it for me when time permits...
Dear SG,

This thing happens in most of the shares below 100... So asking the same question again...
 

PGDIMES

Well-Known Member
Kal kya hoga re kaliya :D
Bear-logo ko pata nehi tha SM-bhai is collecting calls... Now bulls have got the cue and following you...:rofl: It's becoming cold these days... Need bear pachyderm, bear tandoori and BTW are the teeth of bears as valuable as the elephant's tusks!!!:gunsmilie::beer::eat:
 

PGDIMES

Well-Known Member
Where is my thanks button gone??? Is my quota full for today or the ration shop has closed for the time being!!!

Moreover the list of threads which I was following has also vanished into thin air almost a month back... Am I the black sheep of TJ!!!:rofl:
 

lancer

Well-Known Member
Patience .... is what is fruitful ...

Patience for the entry,
Patience to hold on
AND
Patience for the exit ....

BUT most importantly ....
PATIENCE in forming a decision to long or short ....

:)

Hi stocks bhai... I am one of your biggest fans.... What if I PATIENTLY decide to go short on CA ??:clap:
Entered NF CE 5900 @ 92.0 Long, Holding.
 

beegee

Well-Known Member
Hanung shares buyback has been cancelled - the guy who is in charge of the company was on CNBC TV18 and said it is cancelled since they had no idea that the buyback process is in fact very lengthy.

Best,
B.G Maxine
 

gauharjk

Well-Known Member
Story of an Average Stock Trader



Whats with all this volatility? Give me a trend and let me stick to it... This is very confusing... :)
 

asnavale

Well-Known Member
Hi Anant

Perfect short on Tatasteel, watz the basis on which u have shorted...

regards
aqua
****************

Hi All,

I rarely get an opportunity to do intraday. Today was one such day.

Here is what I have tried. Notes on chart itself.

I can see the chart only after after 10:AM as I leave home before 9:00AM.

Today I saw the chart at about 10:20AM. On 1 minute timeframe TATASTEEL had gone above EMA(20) and the last bar was a long green bar. So, waited to see where it will go. At 10:26 it made a high of 634.00 and started moving down. At 10:33 MACD crossed over signalling SELL and RSI already gave the same signal. PVI also was on the verge of crossing below its MA(20). OBV had started falling. Although I should have waited for price to cross below its EMA(20), I shorted TATASTEEL before the cross over as NIFTY had already started falling down. (Remember SG's advice "Keep an eye on index"?). May be it was risky to short in advance, but had a feeling that EMA cross over will happen very shortly because of NIFTY fall, and it did.

Then onwards the price started falling occasionally tresspassing above EMA(20) but OBV was falling continuously and PVI remained below its MA(20). The price tested the 622 level couple of times. Therefore, waited for it to breach 622. But at 12:10 I had to leave the terminal and did not want to take risk. So, covered it at that time with a price of 624.75. The price came to support level later but did not breach it. EMA(20) cross over to BUY side also happened. But I was happy to take whatever profit available without risking.

Later on my return kept watching the price. At 13:03 there was a close below EMA(20), MACD Crossed to SELL side, RSI already below 70 and falling, OBV started falling, PVI went below its MA(20). All these suggested another SHORT and I did it @ 624.20. Again the price remained below EMA(20) and at 13:30 breached the day's low to reach 618.15. At this breach of day's low I put a BUY order @ 618.00 which got executed on next bar. I decided to stop for the day with this covering trade.

This was an experimental trade only. DO NOT VENTURE TILL YOU PAPER TRADE AND GET CONFIDENCE.

The following chart shows the details:






-Anant
 
Status
Not open for further replies.

Similar threads