Stocks To Keep A Close Eye On

Status
Not open for further replies.

MurAtt

Well-Known Member
Hi Friends,

Market is still in green despite rest of the world in red... Will Indian market able to maintain its bull ride till EOD...
Supposedly YES. Even 2morrow maybe or rather at least till 4520-4600 is reached.
Then we discuss chapter 2 of this movement.
 
Last edited:

bunny

Well-Known Member
@ Priyanvada,
BALAJITELE


If you want to go long, this is not a safe entry because it is near a resistance. Yes, there are efforts to pierce through the resistance line(increasing volume and price spreads). If it pierces up through the resistance line, it will again "test" the resistance line(a downday on low volume). If the test is successful, enter long and you will see a rally within couple of days. Edit: I suggest you wait for the test because the last candle has a closing in the middle(indicative of supply dormant in the background).

Now for the spot marked as "1":
The price was pierced through the resistance on July 25 with high volume and price spreads. While many books say that this itself is a genuine breakout(because its coupled with high volume), an addon-test its genuineness is the next 2 days where price is falling on lower volumes. This means that there is no selling pressure and the professionals can conveniently start a rally.
 
Last edited:

SavantGarde

Well-Known Member
Hi PT,

The Way To Do It Is Enter & Square Off The Same Day....That Way Your Cost Will Come Down.......Some Monsoon Fears Are Affecting Cement Stocks.....Perhaps That Is Why It Has Become Sluggish.....But Eventually Should Move Up.


Happy & Safer Trading

SavantGarde

SAVANT BRO i HAVE 850 BVCL AT 35.55 N NOW IT IS AT 30 SHOULD I AVG IT NOW OR WAIT FOR SOME MORE TIME??????
 

SavantGarde

Well-Known Member
Hi Sandeep,

Inorder Of Preference Is UNITECH, ISPAT, MINDTREE & BRIGADE...Leave BVCL Because It Is A Cement Stock...& Monsoon Fears Are Affecting The Moves In Cement Stocks


Happy & Safer Trading

SavantGarde

Dear Savant,

I want to enter for a Short Term on this scrips - ISPAT, Mindtree, Unitech, BVCL & BIGADE.

Suggest me whether the scrips mentioned ok or do i need to add or remove some...

Reply plss....
 
Status
Not open for further replies.

Similar threads