Stocks To Keep A Close Eye On

[MurAtt]

Is RohanShenoy yr actual name?

 

[bunny]

Is RohanShenoy yr actual name?

Yes. But why? You know me?

 

[bunny]

BTW, in today's picks: For 500400 Tata Power, today's target was 1189 & 1208. There is a typo which I just realized.

 

[MurAtt]

Na -- just checked yr Picks file and there it was RShenoy.com, the file itself was downloaded from RShenoy.net --- so I just took a shot ....

btw I find MOST tech guys trading the markets -- lagta hai woh log ke paas kaam nahi hai

Will u in the future do something like Code (tech) an AFL (trader) for dissecting a Homo Sapien (Medico)

The way its raining I think Mumbai must be flooded by now!! What is the situation near yr residency (and do inform where)

Never went through the figures in ful for all - just browsed. Hindalco I hold, GujNre too so I was just checking those out ...

 

[bunny]

^Naa, its not raining, but when its first rained, REI Agro Ltd. was a good scrip for small quick profit
btw, m not a techie, a medical student.

 

[lancer]

Hi Bunny,

SasaSaha's Story Is Very Different Both Assamco & Gujrat Siddhee Is What I Had Recommended To Him To Buy....For A Good Reason.

Let SasaSaha Tell You The Whole Story....

Happy & Safer Investing

SavantGarde

The real reason has been given by Savant earlier.
Assamco. is one of the stocks that has a cyclic rise and fall. It is true for all tea companies.

Look at the chart data for ASSAMCO. I have picked up 2000 myself for keeps. With the tea crops in Sri Lanka and China having taken a beating, I do not know the exact upside. But think of a stock with returns of 400% to 900%

52 Wk. High: 28.80
52 Wk. Low: 6.35
Bulk Deals
Date Type Company Quantity Price
01-Jan-08 Sell RELIANCE CAPITAL PARTNERS 1942703 @ 57
01-Jan-08 Sell RELIANCE CAPITAL PARTNERS 2640160 @ 56

Lancer.

 

[MurAtt]

Savant sir / Bunny etc

Your ideas on Ranbaxy required. Extrmely oversold RSI at 22 on hourly, Stoch below 20 in hourly, BB lower at 253, upper at 262 - cmp 257-ish.

My broker 'longed' 1lot in my a/c. Now I'm just waiting for monday to see what happens.
btw my broker had bot TataSte 1 lot intraday at 368, exited at 372

Catch ya all tomorrow guys ....

 

[asnavale]

Hi Anant,
Logic i am trying to implement is:- Apply for loop from current date,till say last 20 days.Will compare high of currentdate and previous date for lower high.If in these 20 days i find max no of lower highs,its a down trend.Is it ok?
Also i dont think its the correct thread to discuss about afl.U tell me the thread in amibroker which u follow regularly,I will post my queries der.

Thanks,
Arti

Hi Arti,

Sorry for delay in answering. I am giving here the AFL which marks the Higher High (HH), Lower High (LH), Higher Low (HL) and Lower Low (LL) on the chart. I don't remember from where I got it. May be from AmiBroker Library. I am also enclosing a chart marked with HH, LH, HL and LL so that you can see how the chart looks after dragging and dropping the AFL.

If you have specific questions regarding AmiBroker and the AFLs there is a thread in Traderji forum under Software with heading AmiBroker. You can post your queries there for better response.

The AFL CODE:

Q = Param( "% Change", 2, 0.1, 10, 0.1 );

Z = Zig( C , q ) ;

HH = (( Z < Ref(Z, -1) AND Ref(Z, -1) > Ref(Z, -2)) AND (Peak(Z, Q, 1) > Peak(Z, Q, 2)));
LH = ((Z < Ref(Z, -1) AND Ref(Z, -1) > Ref(Z, -2)) AND (Peak(Z, Q, 1) < Peak(Z, Q, 2)));
HL = ((Z > Ref(Z, -1) AND Ref(Z, -1) < Ref(Z, -2)) AND (Trough(Z, Q, 1) > Trough(Z, Q, 2)));
LL = ((Z > Ref(Z, -1) AND Ref(Z, -1) < Ref(Z, -2)) AND (Trough(Z, Q, 1) < Trough(Z, Q, 2)));

GraphXSpace = 10;
dist = 0.5 * ATR(20);

for ( i = 0; i < BarCount; i++ )
{
    if ( HH[i] )
        PlotText( "HH", i, H[ i ] + dist[i], colorYellow );

    if ( LH[i] )
        PlotText( "LH", i, H[ i ] + dist[i], colorYellow );

    if ( HL[i] )
        PlotText( "HL", i, L[ i ] - dist[i], colorPink );

    if ( LL[i] )
        PlotText( "LL", i, L[ i ] - dist[i], colorPink );

}

Regards

-Anant

[

 

[bunny]

Savant sir / Bunny etc

Your ideas on Ranbaxy required. Extrmely oversold RSI at 22 on hourly, Stoch below 20 in hourly, BB lower at 253, upper at 262 - cmp 257-ish.

My broker 'longed' 1lot in my a/c. Now I'm just waiting for monday to see what happens.
btw my broker had bot TataSte 1 lot intraday at 368, exited at 372

Catch ya all tomorrow guys ....

Hi Murtuza,
Plz see the attached chart of Ranbaxy
You may see 2 chart patterns: 1 descending triangle and 1 flag.
I would discard the triangle pattern as invalid. Anyways, its failure rate is high and targets are often not reached.

Concentrating on the flag, it seems to be taking support. Also, observe the divergence between RSI and closing price! It indicates that a reversal is in-the-waiting.

Lets see how this one goes! My targets: 271, 281, 287 SL: 247.3 over 2 sessions

 

[vasa1]

....
My broker 'longed' 1lot in my a/c. Now I'm just waiting for monday to see what happens.
btw my broker had bot TataSte 1 lot intraday at 368, exited at 372
...
....

You are letting your broker use your account? There have been some horror stories in this regard. I hope you don't get hurt.