Stocks To Keep A Close Eye On

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Savant bro I am eyeing purvankara due to its track record and promoter holding n FII holding can u tell is it worth to buy it around 65Rs ??????????????/ CMP70.50
 

raj_hpking

Well-Known Member
Dear Raj

It's good to see that being a newbie investor you're investing in small quantities. I really appreciate that. Most of the people, out of greed, trade in huge volumes and suffer losses.

Even I traded hugely on margin at start and within one day lost Rs 6000, which was 15% of my total capital. Thereafter only I understood the value of money management.

You seem to have this concept of money management very clear. It's GOOD.

Regards
DJ

Thanks a million DJ sir ji,

I learn t and still learning Money Management and trading from i must say "GREAT Saint". And senior peoples like U, Savant Sir and all the senior members who read and post reply to our's (newbie's) thread.

I don't know anything about trading but in TRADERJI, i read different thread's and got confidence that i can do and started, hoping you are always be there to help us.

Thanks to everyone for help and guidance,

Raj
 
Thanx for sharing the info. if possible then pls share more info in future....

Thanx n Regards,

SUMEET
I am not into trading so much cuz thats not my primary job to do. Just on vacations thats why you are seeing me active here, but there are some guys here who can help you i.e savant, koolfriend, dev etc. but final step always take by using your own brain :D
 
After today's closing(130709), 91 out of 200 BSE A group scrips are showing 2nd day of bullish morning star(algorithmically). Lets see how many tomorrow complete the 3 day formation.
Hi bunny
Good piece of info. This can enable us to take position tomorrow only if we see that a green candle (3rd candle of the morning star formation) eats into the red candle of y'day.

Regards
DJ
 

bunny

Well-Known Member
Hi bunny
Good piece of info. This can enable us to take position tomorrow only if we see that a green candle (3rd candle of the morning star formation) eats into the red candle of y'day.

Regards
DJ
Thanks, we can expect a bullish reversal if:
NIFTY opens above 4005 and closes above 4045
SENSEX opens above 13420 and closes above 13564


Else, fierce bearish continuation. Also, we are at the same dangerous point where we gapped 2000 SENSEX pts (election day). So when you look on a larger timeframe, we can identify an island reversal pattern. The failure rate for top island reversal is only 13%, and lets also not forget that the overlapping top head and shoulder pattern with neckline already broken which has still lower failure rate of only 7%.

If you calculate the lower target of SENSEX using the measure rule then its around 12, 285 (21% down from top), and if you calculate using island reversal, its around 12, 060(10% down from gapping level).

Now lets wait for the moment!
 
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