Stocks To Keep A Close Eye On

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rangarajan

Well-Known Member
Re: GSPL and ROLTA

ROLTA - Hourly - 8/27/2009 3:30:00 PM -
High-176.5
Low-173.25
Open-174.85
Close-176.5
Volume= 1,630,571.000
=======================
VOLUME ANALYSIS COMMENTARY:


Strength Bar. The stock has been in a down Trend. An upbar

with higher Volume closing near the High is a sign of strength returning. The downtrend is likely to reverse soon.
=======================
VOLUME AND TREND:

Volume:Above AverageSpread: Above Average Close: Very High
Trend: Short Term-Down Mid Term-Down Long Term-Up

Last hour shows strength
Regards
Ken
Ken,

Your analysis raises some queries on PVa. Kindly clarify.

To decide the trend,why the last hour candle has been chosen? Does it decide the trend for the next day.If so,from where you could get the spread & vol data,after the mkt?

Your conclusion for the trend - is it related to last hour & if not what is the significance of yr last hr candle discussion instead of the whole day.

best of luck,

ranga
 

SavantGarde

Well-Known Member
Re: GSPL and ROLTA

Hi Rangarajan,

Please Don't Be Confused By The Term SAR, It Is Mostly Used By Futures Traders Who Always Want To Remain On A Particular Scrip Either Long Or Short.

Therefore, If Long Position Triggered A S/L Trader Would Immediately Go Short, That Is What It Is Termed As SAR (Stop & Reverse)

It Is Nothing But A Kind Of S/L Or Trailing S/L, Whatever You Choose To Call It....Will Also Be Correct & Moreover It Is Not Necessary To Take An Opposite Trade


Happy & Safer Trading

SavantGarde

Thanks savant.
New,new terms & new technique.

To arrive at S/L,the convention is Fibonacci,Pivot low or high,pattern,trend line,etc. But,how SAR is calculated.

ranga
 

kenneth

Well-Known Member
Re: GSPL and ROLTA

Ken,

Your analysis raises some queries on PVa. Kindly clarify.

To decide the trend,why the last hour candle has been chosen? Does it decide the trend for the next day.If so,from where you could get the spread & vol data,after the mkt?

Your conclusion for the trend - is it related to last hour & if not what is the significance of yr last hr candle discussion instead of the whole day.

best of luck,

ranga

Hi Ranga,

My post is in continuation of my of my previous post #6581 which I see you have read. The commentary is copied from Mr Karthiks AFL which I think is quite accurate an informative. Although short tem medium term and long term trend indicate up trend Rolta was down for two day. Yes last hour trend indicates reversal and probaby will resume uoptren tomorrow. If you have intraday data source you will get it during trading hours and after the market too.

Regards
Ken
 

asnavale

Well-Known Member
Re: Stocks To Keep A Close Eye On - Chapter II

Dear Savant,

You may move the above reply to the main thread. I replied here as both Ken and CNB had put their queries in this thread and they would first look in this thread for reply. You may also delete this message after moving the above reply.

Regards

-Anant
 

kenneth

Well-Known Member
Thanks Anant for your reply and saw the wonderful work you are doing. With my limited knowleage I have added the following columns to give the Target, SL and to indicate if the target,Sl is reached. If the target is reached, next day the new target will be given. Please correct the blanked out syntex and advise which will be the correct one.


AddColumn(BuyingPrice + (Ref(H,-1)-LLV(L,5)),"Target",1.2,colorGreen);
AddColumn(BuyingPrice -(Ref(H,-1)-LLV(L,5)),"SL",1.2,colorGreen);
//AddColumn(BuyingPrice + (H[BarNum - 1])-LLV(L,[BarNum-1],5),"Target",1.2,colorGreen);
//AddTextColumn(WriteIf(H > BuyingPrice + (H[BarNum - 1])-LLV(L,BarNum - 5),"YES","NO"),"Target Reached",1.2, colorGreen );
//AddTextColumn(WriteIf(L<BuyingPrice -(Ref(H,-1)-LLV(L,5)),"YES","NO"),"SL Hit",1.2,colorGreen);
AddTextColumn(WriteIf(H >BuyingPrice + (Ref(H,-1)-LLV(L,5)),"YES","NO"),"Target Reached",1.2, colorGreen );
AddTextColumn(WriteIf(L<BuyingPrice -(Ref(H,-1)-LLV(L,5)),"YES","NO"),"SL Hit",1.2,colorGreen);

Thanks & Regards
ken
 
savant bhai kya hua aap mere se kuch naraz hai kya?? If i have done any faults plz tell me aisa mere message ko thanks marke reply nahi dere aap.I believe u a lot isiliye toh aap se puuch thaach kartha huun lekin aap aisa naraz kar dere mujhe.
thanks and regards
rajasekhar
 
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