Stocks To Keep A Close Eye On

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hi rohit;
some time back savant sir adviced 4/5 MA cross over for intra day.
as TO tf. ; i see in the other thread started by docvijay - prasaadam successfully day trading wth 15mt. charts &4/5 MA cross over. chk. that thread out & u will hve a better understanding of what i am talking about.
Rgds.
thks for repla sir
 

SavantGarde

Well-Known Member
Rohit,

Where In This Thread It Has Been Decided That One Should Use The 1 Min. TF.
Nowhere Except Some Charts Which Were Posted & I Have Made It Clear That 10 Or 15 Min TF Is Ideal For Intraday, My Suggestion To You Is To Try The 15 Min TF & Follow It As Discussed & From Time To Time Check The 30 & 60 Min TF To Check If Your Position Agrees With The Trend Of Higher TF.


Happy & Safer Trading

SavantGarde

hi to all ,
thanks for all this ,
sir i am intraday trader and i am using indiabulls .
i am using 5 6 sma on it with 1 min graph but result are not good some day profit another day loss.
plz give your advice on this matter
1. time frame of graph its 1 min ,2 min or other
2. time of first trade (after opening market)
 
hi savant sir
today i scan eod chart with your system it give fresh buying in many stock.
last few day it will give only 2 3 stock to buy signal.
can this indicate that market make new high in coming day.
give your advice on it
 

vicky_ag

Well-Known Member
Rohit,
First of first , it is Vicky not Vijay, to say I am a Amitabh fan but then using Vijay would be too much for me :lol: (I guess everyone here knows he was named Vijay in every other movie he did, just like SRK's Raj).
Coming to your point of discussion. according to Your method no sell signal? What is your method? Would you explain in detail?
Is it using 5,6 crossover at 1min TF? If, yes, it would have given a sell signal a long ago cause my question was regarding the buy on 16 March and the sell signal thereafter, on 2nd April.
Btw, using 1min TF to trade is really gutsy, considering the price action is so fast. Normally, I would like a buy on 1 particular bar and it would really get executed on the next.
hi vijay
in my system it will not give sell signal, till now.
 

SavantGarde

Well-Known Member
Rohit,

Don't Get Very Excited On So Many BUY Signals, Wisdom Dictates That One Stays With Good Quality Stocks, Any Entry Should Be Treated With Extreme Caution Because Market Hasn't Really Shown Any Running Correction So Far, Except For A Little Intraday Dip.

In My Opinion A Little Running Correction Is Overdue, For A Healthier & A Bigger Sustained Move On The Upside, Let Us See When It Happens.

Also It Would Be Nice To Keep Track Of The Triggers To Get To Know Individual Stock's Behavioural Pattern.

Anyways, Couple Of Things To Keep In Mind Are:

a) If Market Or A Particular Stock Opens With A Gap-Up, Then Don't Jump In Immediately On Gap-Up To BUY

b) Wait For It Retrace Back A Bit Before Making An Entry

c) Now The Thinking Behind It Is That Any Gap-Up Will, In All Probability Retarce All Or Some Part Of The Gap-Up Before It Continues With The Upmove, It Also Applies To Intraday Trading Too.

Best Of Luck For Monday


Happy & Safer Trading

SavantGarde

hi savant sir
today i scan eod chart with your system it give fresh buying in many stock.
last few day it will give only 2 3 stock to buy signal.
can this indicate that market make new high in coming day.
give your advice on it
 
Rohit,
First of first , it is Vicky not Vijay, to say I am a Amitabh fan but then using Vijay would be too much for me :lol: (I guess everyone here knows he was named Vijay in every other movie he did, just like SRK's Raj).
Coming to your point of discussion. according to Your method no sell signal? What is your method? Would you explain in detail?
Is it using 5,6 crossover at 1min TF? If, yes, it would have given a sell signal a long ago cause my question was regarding the buy on 16 March and the sell signal thereafter, on 2nd April.
Btw, using 1min TF to trade is really gutsy, considering the price action is so fast. Normally, I would like a buy on 1 particular bar and it would really get executed on the next.
i give answer to you question in my system (taking about my computer) it will not give sell signal in 5& 6 EMA on eod from 16 march.
and in 5&6 sma it kiss on 2 april and 22 april.

sorry for writing your name .
 
Balram,

You Asked About Stock Operators

Hope You Got The Basic Funda Of How It Is Done.


Happy & Safe Trading

SavantGarde
Hi Savant,

Thanks for your valuble post I think every one has learned from your post, so that means we trade on nifty50 stock that would be more safe may be they are not operater based stocks becouse of huge people of participation in the market for nifty 50 stocks.

Thanks
Balram
 
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