Stocks To Keep A Close Eye On
- Thread starter SavantGarde
- Start date
- Tags afl amibroker
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Hi Bunny,
a) What Was The Amount Sold Of RIL Treasury
b) Notice On That Day How The Market Held Up Inspite Of RIL Being Down Almost -100 Bucks At One Time....But Remained -95 Bucks For Quite Some Time.
c) Eye On The Stocks That Held Up Inspite Of RIL
d) Stocks That Held Up Were All Frontline (MSCI India Index Stocks)
e) Check The Total FII Buy Figure.
RIL In Normal Circumstance Can Spoil The Face Of Nifty Just Being Down 30-40 Bucks, But Inspite Of It Being Down Almost 95 Bucks We Still Closed, If My Memory Serves Me Right Sensex Closed +36.xx
Therefore, When You Collate The Data, Only Conclusion That I Came To Was That We Had One Big FII Or Perhaps More Than One Who Were On The Sidelines Waiting For A Dip Had Jumped In....It Was The Same FIIs Who Also Bought The Other Frontline Because It Doesn't Make Sense For Them To Hold Only RIL, Then Perhaps Just A Few Months Left For The End Of The Year, Where Some Profit Booking Will Set In Because Their Financial Year Ending Is December 31st.
It Was Ideal Time For Them To Jump In...Especially Because Everybody Was Calling For Some Kind Of Correction, So It Was A Foregone Conclusion That Retail Would Definitely Be On The Sideline..Which Is Exactly What They Want In Any Kind Of Market, Where They Never Want The Small Fish To Participate When They Are Buying...So That They Can Keep Marking Up & Offload To Small Fish When It Came To Booking Some Profit & Small Fish Is Back With The Same Old Story Of Having Bought At The High.
DIIs Were Net Sellers On That Day....They Are No Better Than Pimps.
There Are Somethings That Are Happening & It May Re-Arrange The Calendar In Terms Of What The FIIs Normally Did At Certain Times During The Year Previously As A Normal Practice....But Since It Was A Different Kind Of Breakdown Of Global Markets....Calendar May Get Re-Arrange Atleast For Sometime....Therefore That Would Be The Surprise Variable....In An Already Complicated Equation.
Happy & Safer Investing
SavantGarde
a) What Was The Amount Sold Of RIL Treasury
b) Notice On That Day How The Market Held Up Inspite Of RIL Being Down Almost -100 Bucks At One Time....But Remained -95 Bucks For Quite Some Time.
c) Eye On The Stocks That Held Up Inspite Of RIL
d) Stocks That Held Up Were All Frontline (MSCI India Index Stocks)
e) Check The Total FII Buy Figure.
RIL In Normal Circumstance Can Spoil The Face Of Nifty Just Being Down 30-40 Bucks, But Inspite Of It Being Down Almost 95 Bucks We Still Closed, If My Memory Serves Me Right Sensex Closed +36.xx
Therefore, When You Collate The Data, Only Conclusion That I Came To Was That We Had One Big FII Or Perhaps More Than One Who Were On The Sidelines Waiting For A Dip Had Jumped In....It Was The Same FIIs Who Also Bought The Other Frontline Because It Doesn't Make Sense For Them To Hold Only RIL, Then Perhaps Just A Few Months Left For The End Of The Year, Where Some Profit Booking Will Set In Because Their Financial Year Ending Is December 31st.
It Was Ideal Time For Them To Jump In...Especially Because Everybody Was Calling For Some Kind Of Correction, So It Was A Foregone Conclusion That Retail Would Definitely Be On The Sideline..Which Is Exactly What They Want In Any Kind Of Market, Where They Never Want The Small Fish To Participate When They Are Buying...So That They Can Keep Marking Up & Offload To Small Fish When It Came To Booking Some Profit & Small Fish Is Back With The Same Old Story Of Having Bought At The High.
DIIs Were Net Sellers On That Day....They Are No Better Than Pimps.
There Are Somethings That Are Happening & It May Re-Arrange The Calendar In Terms Of What The FIIs Normally Did At Certain Times During The Year Previously As A Normal Practice....But Since It Was A Different Kind Of Breakdown Of Global Markets....Calendar May Get Re-Arrange Atleast For Sometime....Therefore That Would Be The Surprise Variable....In An Already Complicated Equation.
Happy & Safer Investing
SavantGarde
Re: Stocks To Keep A Close Eye On - Chapter II
SM sir,
since you are saying that you does not have any knowledge of computer language I suggest you a simple solution.
register yourself @ icharts.in or investbulls,( there may be others also, but I am not sure) which is free and first get youself conversant with various indicators available with them on EOD charts.
@ icharts there are other facilities like screeners and stock lists, which are also useful to us.
once you become familiar with the indicators, then you can think of buying Amibroker or go for some free softwares, details of which are available in the software section of the Traderji.
cheers.
prasad.
SM sir,
since you are saying that you does not have any knowledge of computer language I suggest you a simple solution.
register yourself @ icharts.in or investbulls,( there may be others also, but I am not sure) which is free and first get youself conversant with various indicators available with them on EOD charts.
@ icharts there are other facilities like screeners and stock lists, which are also useful to us.
once you become familiar with the indicators, then you can think of buying Amibroker or go for some free softwares, details of which are available in the software section of the Traderji.
cheers.
prasad.
Re: Stocks To Keep A Close Eye On - Chapter II
Anant,
Thanks for that explanation on the IFCI chart.
Now another help - Was looking at your logic for defining a higher low in order to move the stop loss up for a stock in "Bought" condition. In some cases, I do find that we have made a higher low, but the AFL is not moving the stop loss upwards. For example, with my data, the AFL is showing stop loss for Infosys at 1935, while visually it has made a couple of higher pivot lows atleast. For me, the stop would be around 2270.
Whenever you have time over the long weekends coming up, you can please crosscheck this with your data?
Thanks,
Enygma.
Anant,
Thanks for that explanation on the IFCI chart.
Now another help - Was looking at your logic for defining a higher low in order to move the stop loss up for a stock in "Bought" condition. In some cases, I do find that we have made a higher low, but the AFL is not moving the stop loss upwards. For example, with my data, the AFL is showing stop loss for Infosys at 1935, while visually it has made a couple of higher pivot lows atleast. For me, the stop would be around 2270.
Whenever you have time over the long weekends coming up, you can please crosscheck this with your data?
Thanks,
Enygma.
Re: Stocks To Keep A Close Eye On - Chapter II
Like the solution pointed out by Prasadam , you can register at Investbulls which is currently giving realtime free charts of Spot Nifty , RNRL and reliance for free and try out the different indicators. Then you can subscribe for their service(Investbulls/Icharts) for all the Scripts in Realtime. A big advantage of using their services is that you dont need to install any 3rd party softwares and can access them anywhere and in also ubuntu/Mac , as long as you have a Browser.
Few days back I think you were asking about where to get the 20/50 SMA on EOD charts without Amibroker. You can plot upto 3 SMA s and 3 EMAs on EOD charts here even as a free subscriber , just go to the java charts - EOD section in investbulls.
You can try out Ami for free from their official site by downloading the demo , the only downside being you cant save your databases/charts in the Demo version.
Like the solution pointed out by Prasadam , you can register at Investbulls which is currently giving realtime free charts of Spot Nifty , RNRL and reliance for free and try out the different indicators. Then you can subscribe for their service(Investbulls/Icharts) for all the Scripts in Realtime. A big advantage of using their services is that you dont need to install any 3rd party softwares and can access them anywhere and in also ubuntu/Mac , as long as you have a Browser.
Few days back I think you were asking about where to get the 20/50 SMA on EOD charts without Amibroker. You can plot upto 3 SMA s and 3 EMAs on EOD charts here even as a free subscriber , just go to the java charts - EOD section in investbulls.
You can try out Ami for free from their official site by downloading the demo , the only downside being you cant save your databases/charts in the Demo version.
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