Teach A Man To Fish And.........

[veepsmsn]

http://www.wealth-lab.com/cgi-bin/WealthLab.dll/wlchart?id=48407&width=600&height=400&sym=LUPIN.NS

 

[uasish]

Thks faltub,you have kept your word as discussed in chat-room yesterday.

 

[amitt29]

Good Work Faltub.

 

[kgsirasangi]

Thanks,Faltub. Nice job done.

 

[rasmats]

This is a wealth of information! Thanks a million!

 

[amit jain]

thank saint,i am a new commer for this market i was searching a man like u who can give the basic knowledge of market

 

[oilman5]

ha ha......saint gives basic.......he is an authority in market.......for intermediate term.
perhaps......after 3yr u can understand his depth .......the greatest teacher of this forum.
.......till i reread......and read again.......why he suggests a trade.......and to book profit

 

[Saint]

good work SAINT,Expecting some fishing strategies for short term investing. What about Balrampur Chini? it's formed a piercing line on weekly chart.

Hi Par,

Thank you for your kind words.....

A word of advice from my end:Look for stocks that are already in a weekly uptrend(making higher pivot lows and highs),and then try to angle in on a daily pullback ......don't look for stocks that are in a downtrend on the weekly and monthly charts,and then get all excited abt a tiny move on the daily.Try to get the weekly and monthly charts behind you......and then hold on for a big move.

There are bullish divergences forming on Balrampur Chini on the weekly charts on the MACD........but let's not anticipate bottoms and get bruised and battered in the process.Our job is to make as much as possible in minimum time,not in getting the absolute bottom and then sitting around at the same oh-so-boring-yawn levels........We do not want to be applauded as being the first buyer in Balrampur Chini.We would like to be the most profitable one..........we want to be there when the momentum is there,we want the big move,and we want to hold on to the coat tails of the big movers.We are in it for the meat of the move,that's it.

So,even if it's a short term trade,try to get the weekly and monthly behind you............

All the best!
Saint

 

[Saint]

http://www.wealth-lab.com/cgi-bin/WealthLab.dll/wlchart?id=48407&width=600&height=400&sym=LUPIN.NS

Hi Veeps,

Is there a question .......or just sharing a chart with all of us.



Saint

 

[Saint]

saint,

you never posted about how you add to your positions.............am eagerly looking forward to that............and so are many others like me ..........


with regards

abhijit sen:

Ah,yes,Abhijit .......slipped my mind totally,thanks for the reminder.

Apologies from my end...

Saint