Stocks To Keep A Close Eye On

[pkamalesh]

savant sir,
i would like to know is your technique based on pivot points...
thanx
jack of jacks

Go through the thread..

 

[VJAY]

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Vicky, Balram, Doc & Everybody Else Interested,

Vicky,

I Thought You Would Be Able To Crack It.....Especially After Giving You The Clue That It Was Based On 20 & 50 DMA

Hmmmmm......Ok Here It Goes While It Is Simple It Is Quite Powerful For Short Term Investors.

To Illustrate, I Have Taken The First One From My Post Of 5th April Which Is HDIL

HDIL CMP On 05/04/2009 Was 101.55 While The High Was 103.15

20 DMA Crossed Over On The Upside Of 50 DMA On That Day Thus Triggering A BUY For The Following Day

Since The High Was 103.15, It Was Told To BUY @ 103.15

Stop Loss Was 77.50 Is The 50 DMA Crossing Over 20 DMA Whenever That Happened In The Past....Therefore The Stop Loss Of 77.50

Now Coming To The Target Price

BUY Price - Stop Loss = 25.65 + 103.15 (BUY Price) = 128.80 (1st Target)Extra 5 Paise Added As Your Bonus....



Does That Solve The Mystery Of How The Target Price Is Achieved....

I Guess It Does......

If The Market Is Volatile & Range Bound There Is Another Trick For A Trailing Stop Loss & Exit.

Lets Say On The 6th You Bought At 103.15 & After Buying You Immediately Kept A Stop Loss Of 77.50 (50 DMA)

Now The Following Day To Trail The Move, You Calculate A New Stop Loss For 49 DMA, Whatever Figure You Get Becomes The New Stop Loss For That Day.
So On & So Forth You Keep Reducing 1 Day From DMA Calculation For Each Day Elapsed From The Date Of Entry, Reducing Till You Reach 10 DMA After Which You Don't Reduce The DMA Calculation..... Simple !!!

Vicky, Break Your Head Over The Quantity Of Shares To Be Bought, You Have 7 Days From Today To Come Up With The Answer....

Happy & Safer Trading

SavantGarde

Savant sir,
Please look my chart and give some guidence .

Regards
VJAY

 

[prasadam]

Go through the thread..

hi kammy!

did you forgot to provide the link?

http://www.traderji.com/day-trading/9110-nifty-intraday-pivot-points.html

cheers.

 

[docvijay4u]

Hello Prasadam. Do You Day Trade In Stocks With SavantJi's Method? SavantJi Mentioned Few Days Ago That You'r Getting Good Results In Day Trading With His Method.

Thanks.

 

[prasadam]

hello Doc saab.

I am trading Nifty Futures only( not stocks) using 4&5 MA cross over on 15 min. TF. for intraday and on 60min. TF for positional trade. no other indicators.

and the results are really excellent.

Hello Prasadam. Do You Day Trade In Stocks With SavantJi's Method? SavantJi Mentioned Few Days Ago That You'r Getting Good Results In Day Trading With His Method.

Thanks.

 

[djsan007]

Did anybody buy UTVSOFT .... Friends can anybody tell me on what price its best to be bought... Today it reached 350/-

 

[vicky_ag]

Savant Sir, Thanks for the beautiful explanation explaination using the charts.

In my opinion this is what they call Inside Bar trading. It is great techinque but have never seen being used on 60 TF, just on 5 min, for scalping.

I will do a real-time backtest to check it and familarise myself.

Ok Guys This is What I Was Talking About, Kamalesh Will Be Able To Throw More Light On What Kind Of BUY, SELL & S/Ls These Are, Cause I Have No Idea What This Maybe Called, But My 'Overnight' HOLDS Are Based On This

This Is A 60 Min Chart Of USD/JPY Pair

Vicky Based On This The Cross Has Just Given A BUYHOLD Trigger Just Now, Not There On The Chart

SavantGarde

[Image Removed]

 

[docvijay4u]

Hi, Will You Please Explain How You Trade With 15 Min Charts? May Be That Can Help Me With Stocks... I Know That Is Broad Question But I Will Keep As It Is... Because I Will Like To Listen As Much As Possibe From You.

Thanks.

hello Doc saab.

I am trading Nifty Futures only( not stocks) using 4&5 MA cross over on 15 min. TF. for intraday and on 60min. TF for positional trade. no other indicators.

and the results are really excellent.

 

[aaplana]

hello Doc saab.

I am trading Nifty Futures only( not stocks) using 4&5 MA cross over on 15 min. TF. for intraday and on 60min. TF for positional trade. no other indicators.

and the results are really excellent.

Will u share with how u trade it and make profit.

Aaplana

 

[prasadam]

Doc. saab.

actually I am not trading for the past 2 weeks as I was on tour till yesterday.
will join you all in trading from thursday.

I have marked the likely trades in the chart attached. real time time trading will be a little bit different.

The strategy I follow is simple. 1)Entry after completion of one bar after crossover. i.e., if crossover happens at 10.00 to 10.30 bar, entry should be after 11.00 am to avoid possible whipsaw. 2) carry on the position till next crossover where I will reverse the position(SAR) or till 3.15 when I will close the position.

edit:

3. long at 3365 ( 12.15 bar opening)and
4. SAR @ 3395 (2.30 bar opening)