Stocks To Keep A Close Eye On

[MurAtt]

And plz don't forget Kolkata too!!!!!

:thumb:

Well Rishi,

Everyone living in Delhi feels the same way...
Count me in...;-)

 

[asnavale]

Hi Aditya,

Here Is A Chart For Indication.....How It Can Help Continuing To Hold Through Rumblings Of The Market. It Is EOD Not 1 Min. As You Read Somewhere On The Chart.

Happy & Safer Investing

SavantGarde

Hi Savant,

It appears you changed the database view from intraday to daily. That is why the chart is showing 1-min and full of dots. Just press Control-D and it will change to Daily Chart properly.

-Anant

 

[GuluGulu]

LOS ANGELES (MarketWatch) -- It's coming in 2012: Another, bigger meltdown of Wall Street's "too-greedy-to-fail" banks. No, this is not another fanatical warning about that Dec. 21, 2012 end-of-days prediction based on the Mayan calendar, though you may well ask "Who will survive?"

http://www.traderji.com/equities/35418-next-meltdown-coming-2012-please-read.html

GG

 

[aditya14]

@ Savant Sir,Anant Sir,

After your guidance i went short looking at BB and 20SMA with 5 min candlestick chart in BankNifty.

its pretty awesome how the 20SMA was not breached.Just attached the chart.

1) SHorted at point 1 in the chart.
2) panicked but held on at point 2 booked at 20
3) Went long looking at the oversold RSI and took a bet and got lucky.

Do you think it was a good trade.And please look at the chart setup is it good?

 

[SwingKing]

@ Savant Sir,Anant Sir,

After your guidance i went short looking at BB and 20SMA with 5 min candlestick chart in BankNifty.

its pretty awesome how the 20SMA was not breached.Just attached the chart.

1) SHorted at point 1 in the chart.
2) panicked but held on at point 2 booked at 20
3) Went long looking at the oversold RSI and took a bet and got lucky.

Do you think it was a good trade.And please look at the chart setup is it good?

You Certainly got 'lucky' Aditya. And Here's why,

1) The chart image could not be downloaded and by the look of what I saw on the web, your RSI never reached the oversold zone. Though it was near it.
2) The point to short sell was not 1. At point 1 though your SMA provided resistance, there was not enough bearish confirmation. (The bearish confirmation could have come in the form of bearish engulfing pattern or deep dark cloud cover).
3) The ideal time to short was at point 2 where resistance by the average was confirmed by a proper bearish engulfing pattern along with level of RSI. If you look at the chart, after this level the prices moved down more easily and quickly. In this scenario you would have certainly not panicked.

The best candlestick technical signals come when a price level is confirmed as a potential resistance zone by either a MA, BB or prev resistance level. Reversal patterns along these levels are more 'probable' to go in your favor.

 

[aditya14]

You Certainly got 'lucky' Aditya. And Here's why,

1) The chart image could not be downloaded and by the look of what I saw on the web, your RSI never reached the oversold zone. Though it was near it.
2) The point to short sell was not 1. At point 1 though your SMA provided resistance, there was not enough bearish confirmation. (The bearish confirmation could have come in the form of bearish engulfing pattern or deep dark cloud cover).
3) The ideal time to short was at point 2 where resistance by the average was confirmed by a proper bearish engulfing pattern along with level of RSI. If you look at the chart, after this level the prices moved down more easily and quickly. In this scenario you would have certainly not panicked.

The best candlestick technical signals come when a price level is confirmed as a potential resistance zone by either a MA, BB or prev resistance level. Reversal patterns along these levels are more 'probable' to go in your favor.

Oh that is fantabulous analysis.Thank you and yeah i kinda went for broke seeing that big green candle and as soon as the red 1 (at 1) began i hit sell.
I would certainly learn more on technicals this was pure luck.
BankNifty is a wild animal it can easily eat me up iam seeing huge swings in it.

 

[MurAtt]

Oh that is fantabulous analysis.Thank you and yeah i kinda went for broke seeing that big green candle and as soon as the red 1 (at 1) began i hit sell.
I would certainly learn more on technicals this was pure luck.
BankNifty is a wild animal it can easily eat me up iam seeing huge swings in it.

Isliye main dur bhaagta hoon BNF se ... aur kuch log use GF bana diya

 

[sho0ting_star08]

Suzlon seems to be lagging behind seems like traders are more cautious about thier postion and sensex. If stock seems to remain above 80.70 with good volumes then a target price of 94.37 in a near time and also if sensex performed well too, and if stock break anyone who is intersted in buying can arround 72.87 with stoploss of 71.00 Happy trading..............

 

[amitroy75]

Savantda

:!:! what to say!!!!!! wow sir take a bow (referring to elecon).....

dada, wish, aisa analysis ability ka agar 10% bhi hume mil jaye,

thanks a ton

regards

Amit

 

[columbus]

@ Savant Sir,Anant Sir,

After your guidance i went short looking at BB and 20SMA with 5 min candlestick chart in BankNifty.

its pretty awesome how the 20SMA was not breached.Just attached the chart.

1) SHorted at point 1 in the chart.
2) panicked but held on at point 2 booked at 20
3) Went long looking at the oversold RSI and took a bet and got lucky.

Do you think it was a good trade.And please look at the chart setup is it good?

......but Bollinger Bands do not touch central line.(SMA-20).