Stocks To Keep A Close Eye On

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columbus

Well-Known Member
Columbus,

Me talking about BNF and not NF and on a 5 min TF. It gives some 10 points just by touching the BB - and I am talking of taking only those trades which are setup properly - the piercing in the correct order etc ...

Regards,
Enygma.
Fine.With NF it is possible to extract 15~25 points per trade
for consecutive trough/peaks.
 

aditya14

Well-Known Member
things are at a discount now.This is the oppertunity to buy good stocks as there will be a rally in dec-jan.Just see the daily chart for past 6 months or even longer.This will be a minor correction and a violent move up will break the highs.

Savant sir please offer your views.Should i buy tactical future buys at say 5% dip(4920)?
 
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AlokTewari

Well-Known Member
Todays Nifty Blast

I bet everyone enjoyed today's Nifty blast & 30 odd minutes of Casino play just before 2 O'Clock but does any know the reason for this blast ? It has nothing to do with technicals or DOW or FTSE etc. Govt has clarified that it will not discourge investment through PE Notes thus putting this contrevorsy to rest. There is about 1.24 Lakh crore Rs. PE notes in Indian market presently & now more waiting to pour in after this clarification. So the blast was Liquidity driven in anticipation.

Cheers !!!:clap:
 

prasadam

Well-Known Member
Re: Todays Nifty Blast

Hi Alok.

May be that is the reason for the rise or may be some news on bank mergers and consolidation etc., or may be some other news. But, when do I get to know about that information? where do I stand in the information chain? what is the latency of the new flow?

By the time I receive the information, process it and take action, the price might have already reached it's peak. where as the chart in front of me indication of the likely move slightly in advance.

If you see today's charts of various scrips, the price action was indicated at 13.45, where as in BNF, RIL etc., the reversal was indicated at 13.15 only by way of BB piercing and reversal.(Here I am talking of 15 min.charts)

May be I am wrong, but, a day trader will not last long if he depends on news flows to take action.

cheers.




I bet everyone enjoyed today's Nifty blast & 30 odd minutes of Casino play just before 2 O'Clock but does any know the reason for this blast ? It has nothing to do with technicals or DOW or FTSE etc. Govt has clarified that it will not discourge investment through PE Notes thus putting this contrevorsy to rest. There is about 1.24 Lakh crore Rs. PE notes in Indian market presently & now more waiting to pour in after this clarification. So the blast was Liquidity driven in anticipation.

Cheers !!!:clap:
 
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