Stocks To Keep A Close Eye On
- Thread starter SavantGarde
- Start date
- Tags afl amibroker
- Status
Mangafreakz, truthfully no idea. I have a CA who takes care of all this for me. All those mumbo - jumbo of IT filing and the rules like under this section, sub-section , para this ....etc is beyond me. I dont know how my CA takes care of it....but he asks for 20k annually for IT officer allowance, maybe through that.
hi bhupi;
paid service or free calls; it really doesn't matter to your trading.they may have 90% success; but what really matters is how u trade on those calls.
in other words it is the man behind the wheel[meaning the one who trades] is wo that matters ; not the wheel itself.one needs to do home work & trade without giving into emotions of fear & greed.easier said than done. but that is paramount.
instead of any paid service; you can take excellent calls from here & do your home work & trade or invest. that will give you good returns.
BUT REMEMBER IT IS NOT THE CALLS ; BUT YOU YOURSELF WHO WILL BE DOING THOSE TRADES IS IMPORTANT.
paid service or free calls; it really doesn't matter to your trading.they may have 90% success; but what really matters is how u trade on those calls.
in other words it is the man behind the wheel[meaning the one who trades] is wo that matters ; not the wheel itself.one needs to do home work & trade without giving into emotions of fear & greed.easier said than done. but that is paramount.
instead of any paid service; you can take excellent calls from here & do your home work & trade or invest. that will give you good returns.
BUT REMEMBER IT IS NOT THE CALLS ; BUT YOU YOURSELF WHO WILL BE DOING THOSE TRADES IS IMPORTANT.
Hi Vicky,
Ok Got All Your Points....
Hmmmmm.....India's Index On RSI
Wrong Way To Look At It, It Is Macroeconomics At Play.
Visible Growth In The Future, Hopefully A More Stable Government, Our Markets Would Rally Atleast 2000-3000 Points If We Got A Single Party Government, Cause Coalition Doesn't Really Work As It Should, Everyone In A Coalition Is At Cross Purpose & Have Their Own Agendas & Less Do With Nations Well Being.
Whatever GDP Growth We Get Would Still Be Better Than Most Countries & Probably Second Only To China.
We Are A Young Developing Nation & Disposable Income Is Increasing By Leaps & Bounds
These Are A Few Points That Make Others Drool
........So My Friend Vicky It Is Not RSI
Happy & Safer Trading
SavantGarde
Ok Got All Your Points....
Hmmmmm.....India's Index On RSI
Wrong Way To Look At It, It Is Macroeconomics At Play.
Visible Growth In The Future, Hopefully A More Stable Government, Our Markets Would Rally Atleast 2000-3000 Points If We Got A Single Party Government, Cause Coalition Doesn't Really Work As It Should, Everyone In A Coalition Is At Cross Purpose & Have Their Own Agendas & Less Do With Nations Well Being.
Whatever GDP Growth We Get Would Still Be Better Than Most Countries & Probably Second Only To China.
We Are A Young Developing Nation & Disposable Income Is Increasing By Leaps & Bounds
These Are A Few Points That Make Others Drool
........So My Friend Vicky It Is Not RSI
Happy & Safer Trading
SavantGarde
Savant Sir
My entry to forex was just a stoke of luck. Just a case of mistaken identity would sum up the whole story. You would laugh and even think I am fake when I tell you I dont know what a derivative is?(well I have some idea but still not crystal clear). Basically, I started my trading journey from Forex rather than the other way around for many people. I am making a decent earning in forex but it wouldn't hurt to know something about the market in your own country.
Plus knowing stock markets comes with its own quirks too: I am now a office jester. People who I dont even know, now come to me to ask for suggestions.
Previously, when I used to tell them that I trade forex, I used to get a muted response , saying "I dont know what forex is but Indian markets is difficult. It is like high staks gambling." Well, I am out to prove them wrong, trading is not gambling.
Also, you would be hard pressed to find a market which is trading over 80 on RSI 14 to be still going up and any fall is termed as a consolidation with people still betting on it going long....as it is said "It can happen only in India". This market seems quite interesting.
My entry to forex was just a stoke of luck. Just a case of mistaken identity would sum up the whole story. You would laugh and even think I am fake when I tell you I dont know what a derivative is?(well I have some idea but still not crystal clear). Basically, I started my trading journey from Forex rather than the other way around for many people. I am making a decent earning in forex but it wouldn't hurt to know something about the market in your own country.
Plus knowing stock markets comes with its own quirks too: I am now a office jester. People who I dont even know, now come to me to ask for suggestions.
Previously, when I used to tell them that I trade forex, I used to get a muted response , saying "I dont know what forex is but Indian markets is difficult. It is like high staks gambling." Well, I am out to prove them wrong, trading is not gambling.
Also, you would be hard pressed to find a market which is trading over 80 on RSI 14 to be still going up and any fall is termed as a consolidation with people still betting on it going long....as it is said "It can happen only in India". This market seems quite interesting.
Savant Sir;
Thanq for your quick reply.
I visit your other threads of pivots for both nifty & bank nifty; but honestly never did pay much attention to the distance of pivot from R1/S1; till you pointed out.Tat is a real great help.
Sir; one more question; ABAN reached & surpassed your first taget; . Is there a second tgt.? if so; can you gve the tgt.? is it worth while to get in now for the second tgt? Thanx in advance; Sir.
Thanq for your quick reply.
I visit your other threads of pivots for both nifty & bank nifty; but honestly never did pay much attention to the distance of pivot from R1/S1; till you pointed out.Tat is a real great help.
Sir; one more question; ABAN reached & surpassed your first taget; . Is there a second tgt.? if so; can you gve the tgt.? is it worth while to get in now for the second tgt? Thanx in advance; Sir.
Savant Sir,
Now we are talking more of fundamental analysis.I am not good at it.
As, I put it I dont know a thing about my own country's market and growth. Forex happened by luck, thats all.
Coming to RSI, all indicators tend to lie on a short period . A fast Ma crossover to slow MA, might look like an opening but could prove to be a ruse. So, the RSI example was just my way of saying "Ahoy, India looks interesting."
Now we are talking more of fundamental analysis.I am not good at it.
As, I put it I dont know a thing about my own country's market and growth. Forex happened by luck, thats all.
Coming to RSI, all indicators tend to lie on a short period . A fast Ma crossover to slow MA, might look like an opening but could prove to be a ruse. So, the RSI example was just my way of saying "Ahoy, India looks interesting."
- Status
Similar threads
-
to keep record of stocks i will be following- Started by Gandhar.
- Replies: 5
-
-
-
-
Is it ok to buy Stocks keeping the current market scenarios in mind or should I wait
- Started by greg4u
- Replies: 10