Stocks To Keep A Close Eye On

[itzarvind]

Doc J,

We are in the same range, Y2j got little before.. Let us wait..

Regards,
Arvind

 

[aabhi06]

Savant sir ,

Bought 400 INDUSIND BANK @ 87.40
100 BANK BARODA @ 443.00

Thanks.

 

[SavantGarde]

Hi Doc J,

Personally I Don't Trade Intraday & Very Very Rarely I Will Put A Call For Intraday.

Now Coming BOB, Yes BB Has Narrowed Therefore, It Is Possible To Retrace A Bit Since BB Was Pierced Yesterday & BB Should Start Widening & In All Probability Should Break Out On The Upside Since The Price Is Around 20 DMA.

For Intraday, One Can Take A Punt On The Same Parameters & Exit Before The Market Closes.

Happy & Safer Investing

SavantGarde

Savantji,

Good Morning and thanks a lot for the timely calls I have a newbie question:

a) Are there any technical indicators or other methods that determine whether the trade is going to be intraday, swing or positional?

For example, I am attaching the chart for Bank of Baroda. What I can see is the following:

1) The Bollinger Band is narrow, a sign the the scrip is going to be volatile in near future.

2) The SMA(21) is close to the lower band, a sign that the scrip may be oversold.

Both these are buy signals, but they don't tell the duration of the trade.

Really curious about how the duration of a trade can be determined on an approximate or definite basis. I personally like to go for short-term trades, as I usually like to see my moolah close to me , so this would be a great aid.

Cheers!

-- Doc J

 

[y2j826]

sold Indus Ind bank @ 90.55, will buy again if will come into range of 88-88.50

remember its expiry day, so anything can happen

 

[chennai1973]

i purchased sterling biotech 300@123/- last week its been down since then, but somehow i think its a gr8 stock..can i hold this scrip for the long term..

 

[y2j826]

On hunt again, purchased Indus Ind Bank @ 88.25

 

[mail2pjoshi]

Hi Chennai,

The MACD for Sterling Bio is still bearish, the momentum is down and the BB is very wide. The good thing though is that the MACD looks like its going to make a bullish crossover very soon. In very short term I don't see it rising, but I think over a few weeks time you will get some good action here. But this is just some newbie trying to read charts

Best,

Doc J

 

[mail2pjoshi]

Savantji,

Many thanks for clarifying the BOB question. Its clear to me now

Best,

Doc J.

 

[chennai1973]

docj mate sorry to bother u, i am still a newbie with regard to terms like MACD,BB where cani learn all this..any thread/website...?

 

[mail2pjoshi]

Hi Chennai,

A good resource for learning a bit about the terms used in technical analysis i investopedia.com. Of course, there is the thread by Saint called "Teach a Man how to fish..." which is also a great resource for beginning.

Hope this helps..

Cheers!
-- Doc J