Stocks To Keep A Close Eye On

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chaitanyagoa

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Hi Chait,

Actually Was Scratching My Head For Your Long Term Portfolio Exit....You Can Exit Portfolio On 30th Feb 3000.....Just Check It Is Not Saturday Or Sunday...:)


Happy & Safer Investing

SavantGarde
:rofl::rofl:
 

SavantGarde

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Hi Mangafreakz,

Yes, Useful From Extremely Oversold & Overbought & Entries Can Always be Initiated From Such Points Quite Safely If We See The Crossoover Happening.

Oscillators Have Their Limitations Rooted In The Fact That Instead Of Actual Price Scale Of The Scrip, They Use Scale Of 0-100, As A Result, It Is Plagued By Innumerable Differing Interpretations At Various Scales... Therefore, Apart From The Fact It Is Useful For Entry & Exit...& Finding A Realtively Good Bottom & Top.

TF Is Immaterial....In The Sense It Will Entirely Depend On TF Employed...For Normal Candle Chart Above The Stoch Pane.


Happy & Safer Trading

SavantGarde

@SG
As Pride's thread is inactive these days so thought of posting this here and it also might help other members. :)
You once told about the Stochastic crossover from Extremely Oversold/Overbought , can you tell its for which timeframe , the 5min or the 30min one ?
 
Thanks SG. Just to confirm what i learnt from you , can you please tell if this Pic is correct , I marked the Bullish stoch crossover as it Emerged from the Oversold area and then Nifty zoomed from 4850 to 5000 levels.
http://img195.imageshack.us/i/mt4.gif/
Reply at your convenience.
 
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SavantGarde

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Hi MangaFreakz,

Yes It's Correct When You Notice The The Crossover Happening Entry Could Have Been Made At Some Point On The 3rd Last Bar Itself.


Happy & Safer Trading

SavantGarde

Thanks SG. Just to confirm what i learnt from you , can you please tell if this Pic is correct , I marked the Bullish stoch crossover as it Emerged from the Oversold area and then Nifty zoomed from 4850 to 5000 levels.
http://img195.imageshack.us/i/mt4.gif/
Reply at your convenience.
 

MurAtt

Well-Known Member
BUT we cannot trade on this Stoch crossover alone ...
Check the same chart on 11 Nov - Stoch crossover under 20 levels but mkt still fell further ... rather a steep fall of around 150-180 pts on the Nifty !!!!!

Again a crossover below 20 levels has resulted in this upmove from 4920 ....

So basically a confirmation from another indicator or two would be much better ...
 

SavantGarde

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

Hi Uma,

Thanks A Ton...!!!!

TECHM & GODREJCP Query Of Yours Will Sort It Over The Weekend.


Hi Friends,

Updates for 12-11-09 are given below:

TARGET REACHED:

DWARKESH, Buy Date: 09-10-09, Buy Price: 105.00, Target: 121.10, StopLoss: 92.90, CMP: 124.20, P/L: 18.29% (Next Target 150.85 S/L 102.95)

JUBILANT, Buy Date: 20-10-09, Buy Price: 244.90, Target: 286.05, StopLoss: 209.95, CMP: 290.60, P/L: 18.66% (Next Target 420.70 S/L 221.15)

JUBILANT, Buy Date: 27-10-09, Buy price: 238.00, Target: 279.85, StopLoss: 209.95, CMP: 290.60, P/L: 22.10% (Next Target 420.70 S/L 221.15)

RENUKA, Buy Date: 22-07-09, BuyPrice: 148.40, Target: 223.30, StopLoss: 176.70, CMP: 227.55, P/L: 53.34% (Next Target 262.30 S/L 203.50)

Next Target for the above will be set by Savantji


NO STOPLOSS HIT TODAY


The updated Excel File is available
here



Rrgards

*** Uma ***
Happy & Safer Investing

SavantGarde
 
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