Stocks To Keep A Close Eye On

[SavantGarde]

Guys,

Many Of You Are Thinking Why A Lot Of The Momentum Stocks Aren't Moving & Or Is In Red.

There Is A Key Resistance Point On Nifty Spot, When Crossed Decisively, Momentum Stcoks Will Behave Normally As They Have Been Doing In The Past, Besides Some Other Reasons As Outlined In My Eralier Post Down Below.

Todays Red Tomorrows Green.....

Happy & Safer Investing

SavantGarde

 

[kenneth]

How is it? 5 crossing 6 is buy or vice versa? In the setup of 5/6 a 5 cross 6 is showing sell in case of Axis Bank. The sell was generated on 3/6/2009.

Hi Jace,

You are right up to 3rd June. Yesterday it has given a 5-6 Buy and today it was saw a high of 757.7 (+4%)

Regards
Ken

 

[aabhi06]

Savant sir EVERONN 25% up Now @ 440.00 !!!

THANKS.

 

[jace48]

Hi Jace,

You are right up to 3rd June. Yesterday it has given a 5-6 Buy and today it was saw a high of 757.7 (+4%)

Regards
Ken

I inverted the signal. Attached chart

Sell signal generated on 2 and then a buy on 3. Not on 9

Also how was buy above decided.

Thanks..!

 

[Shravan Reddy]

Thanks Savant Ji... You Rock... :clap::clap:

Hi Shravan,

a) Scrips Which Are Also Traded In F&O Segment As A Norm Do Not Have Circuits, As You Would Have Noticed With TECH MAHINDRA Yesterday

b) Exceptions To The Above Is Decided By The Exchange

c) Scrips That Do Not Trade In The F&O Segment Have Upper Circuit & Lower Circuit.

d) While I Do Not Where It Is Seen In Sharekhan TT, But Normal Broker Terminals Can Be Viewed, Price At Which A Particular Scrip Will Hit UC Or LC.

e) There Are Various Criterias Based On Which Exchange Decides The Percentage At Which UC & LC Will Be Hit, Highest Being 20%.

f) There Are Many Scrips Which Hit UC & LC Everyday, It Is Quite Normal.

Happy & Safer Investing

SavantGarde

 

[kenneth]

I inverted the signal. Attached chart

Sell signal generated on 2 and then a buy on 3. Not on 9

Also how was buy above decided.

Thanks..!

The scan I had posted giving the signals was for Savanji's review and 5-6 signal does not consider Buy above the high. Savanji could you please advise.

Thanks & Regards
ken

 

[kenneth]

Savantji I have included High of the day as buy above.

Ticker	Date/Time     StopLong Close Buy Above	Max Pos	LONG	Target	56BUY	2050Buy	BO	2MlyBO	
AXISBANK6/9/2009	711.53	726.05	733.85	2	1.00	740.57	1.00	0.00	0.00	0.00	
BANKINDIA6/9/2009	317.27	323.75	326.40	5	1.00	330.23	1.00	0.00	0.00	0.00	
KOTAKBANK6/9/2009	669.19	682.85	690.00	2	1.00	696.51	1.00	0.00	0.00	0.00	
LT	6/9/2009	1541.34	1572.80	1586.90	1	1.00	1604.26	0.00	0.00	1.00	1.00	
MUNDRAPORT6/9/2009	666.60	680.20	684.50	2	1.00	693.80	1.00	0.00	1.00	1.00	
RANBAXY	6/9/2009	276.90	282.55	291.00	5	1.00	288.20	1.00	0.00	0.00	0.00

Thanks & Regards
ken

 

[SavantGarde]

Hi Ken,

5/6 Crossover I Have A Slightly Delayed Trigger Built-In, Basically For Confirmation.

What Also Happens In The System Is, If The Crossover Happens During A Parabolic Rise In The Scrip, It Will Trigger BUY Only On Retracement Or The First Red Bar.

During My Discussion With Doc, Where DJSinha Gave Us The First AFL & Doc Fianlised It With Whatever Was Missing In DJ's AFL, Result Being That We Get The Exact Point Where The 5 Crosses Over To The Upside Of 6, In My Opinion It Is Ok To Use For The Way The Markets Were From March Onwards, But To Use Exact Point Of Crossover Presently Will Be Plagued With Whipsaw Without Taking A Confirmation Of The Crossover....Especially During Those Periods Where We Are At Critical Points On Nifty.

I Did Have Quite A Few Continuation BUY Triggers Of 20/50, But Refrained From Posting & Since You Had A Few, I Told You To Go Ahead, 'Cause Didnt See Any Problems With Those For Today......

We Have To Keep Overall Market In Perspective & Its Minor & Major Resistances & Supports, To Avoid Getting Whipsawed.

Have I Covered Most Of It Or Did I Miss Something....Oh Yes...AXISBANK

On BUYHOLD List There Is No Continuation, But If You Put A Gun To My Head You Can Take Position At Any Time During BHOLD Period, But Difficult To Calculate S/L For Buying Midway Through The Trigger, Perhaps Anant & You Guys Can Come Up With Something For That, Otherwise As A Thumb Rule Keep Previous Weeks LOW As S/L & Ride It In A Fairly Good Trending Market.

Again I Got Side Tracked, Hmmm...AXISBANK, It Takes Into Account From The First Trigger Date Thereafter Margin Of Safety Is Calculated Which Shows Up As A Number & Remains Positive But Reducing Till It Turns -Ve That Is When SELL Trigger Happens.

Will Post The Report Generated This Week, I Think I Had Posted It Many Many Moons Ago Because Of Some Discussion With AsishDa, So That All Of You & Anant Can Have A Look & See If Something Can Be Done With AmiBroker.

Huhhh...Very Disoriented...Because Doing Several Things At The Same Time...Including Washing Clothes... Anyways Let Me Know If I Missed Something.....Jesus ! How Much Have I Digressed...On This Topic....

Happy & Safer Investing

SavantGarde

The scan I had posted giving the signals was for Savanji's review and 5-6 signal does not consider Buy above the high. Savanji could you please advise.

Thanks & Regards
ken

 

[rithikesh]

Hi Scorpio,

Savantji has given everything in his posts. If you have missed it following post summerises. So I coded it im Ami. He has been giving answers to every question. You have to Just ask. Have a look at the chart. Ther eis still work to be done

Regards
Ken

Hi Ken,
Can you pls provide me AFL for getting this chart in ami.
-ritesh.

 

[chaitanyagoa]

Hello Savantjiii,

I have come across this article in Moneycontrol.com

http://www.moneycontrol.com/mccode/news/article/news_article.php?autono=401150&special=mkt_topnews....

Something in this article caught my eye....:! GOLD...:thumb:
it advises to buy Gold at this point..... Also, if i am not mistaken u had advised us to buy GOld..... so what is your say on that?

Is it a good time to buy gold by getting rid of some Equity shares or should we hold them?... What is the time duration we are looking at if we invest in Gold

Just waiting for your Opinion on them...
Also, I am waiting on your Oldie computer to get me some tips/suggestions on my stocks

Thanks