Stocks To Keep A Close Eye On

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lazytrader

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not only both of you... i think most of the traders in Indian market follow the same strategy:D... and thats why sometimes they earn and sometimes they loose....
and final decision depends upon their fate....:p
Wrong, a trader is completely responsible for his trade not fate or anything else. It doesn't matter if it goes against you if china crashes or internet connection goes down. It is always the trader who make the profit or loss. Unless one understands it and trades it as such the trader will not survive.

Just to substantiate, two traders (in this very forum) took opposite sides or a trade and you would expect one to win and one to lose but both closed in the green.
 

talisman

Well-Known Member
Hi,
Prasad,

What values you prefer for RSI ?

OVER SOLD--?
OVERBOUGHT--?

I have confusion about the figure. If it is above the 50 they say it is bullish, bellow it, is bearish what is the range for over sold/bought ?

Regards,

CNB
CNB,

I dont have much idea about these things but I guess, over 70 it is considered as overbought and below 30/25, it is said to be oversold. I mean, thats what I have heard. Rest, seniors will confirm.

Regards,
 

talisman

Well-Known Member
hi talisman.

that is RSI indicating a sell. when even RSI falls from overbought zone, RSI gives a sell( red) signal. like wise iwhen RSI rises from oversold zone, it gives a buy(green) signal.

for further details you can refer to

http://www.investopedia.com/terms/r/rsi.asp

BTW, if you want to buy it now, wait for a 5&6 crossover or Bullish piercing of the Bands.

Also, keep in mind the suggestion of bunny, that there is no professional interest in the share.

cheers.

prasad.
Yet to get hold of 5&6 crossover concept in actual implementation. So will only be able to check that in coming few days as i learn more.

Thanks for explaining. :)

Regards,
 
Wrong, a trader is completely responsible for his trade not fate or anything else. It doesn't matter if it goes against you if china crashes or internet connection goes down. It is always the trader who make the profit or loss. Unless one understands it and trades it as such the trader will not survive.

Just to substantiate, two traders (in this very forum) took opposite sides or a trade and you would expect one to win and one to lose but both closed in the green.
you are right sir ji...
but i was talking about them who just apply TA (tukka analysis.... ) on their every trade....
and their 'tukkas' can take them in ny direction...
 

lazytrader

Well-Known Member
Please dont me sir. To tell you the truth I myself am a newbie. Don't be fooled by the reps.

It doesn't matter what kind of ananlysis you do. trading needs to be done with a traders mindset. it doesn't differ for TA, FA, or Tukka analysis.
 
Dear all,
Can anyone tell me some source from where i can get the historic data of some scrips...
i need the data like ltp, open, high, low.....
it would be greatful If someone can help me out soon.......

Regards..
Vaibhav Bansal
 
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