Today's Buy Levels

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renu daga

Well-Known Member
Re: Todays Buy Levels

hi asish da,,
since alst 2 days,,i am unable to open this site....wander why?
today i saw ur message,,
i bought info,,at 1960.//////sodl at 1997......

my ,,indiactor..(pull&push )...looks same as ur...momentum indicator,,,,see bajaj auto ,,,remember i told ,,u that my indiactor is showing momentum in this stock at 2098..futures.........last 2/3 days back,,,see today ........galloped...and info too,,,showed,,,next for today it was sail.....and nalco,,,
i think watch for ranbaxy,,,,
kindly try to match teh indiactor of mine with urs,,,,,,,,lets see how far we are similar

renu
renu
 
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uasish

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Re: Todays Buy Levels

From to-day there is a little change.
Uptil now i was sharing stocks identified for my trading (from a list i used to seggregate on several personal method ) & on mkt was continuously updating my entry ,exit ,SL & change if any at mkt Hrs.
From now ,time to time (not everyday) i will post my system generated, Buy identification (total list without my own preferance ) along with a price level for Swing trading (lasting few days),plz remember the Signal generated to-day stands a Buy signal for coming 2-3 days.
This price level is Static & may not change in coming 2-3 days.
This is one type of "Lakshman Rekha" ,means once crossed convincingly the Bought contrats are assumed to be safe.
The SL however for me it is 1.5 % from my Entry & for Entry i would have watched intently Intraday PIB charts for a Buy signal,preferably below or at LR.Plz decide as per your personality.
The Exit for me would be 4.5 % to 6% from LR.
These are all near month Futures (for Cash adjust accordingly)

Security Name LR C
FINANTECH-NEAR 2858.952 2874.25
MPHASIS-NEAR 311.1708 308.9
PENINLAND-NEAR 471.393 489.45
RENUKA-NEAR 641.7575 648.95
SESAGOA-NEAR 1768.013 1786.55
UTI Bank 1 Month 602.85 633.90
Wockhardt Ltd 1 382.3222 382.10

This no way constitutes any Recomendations , ppl will take Long positions on their own Risk
 
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uasish

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Re: Todays Buy Levels

Interesting observation to share :=
Except FINANTECH ;
For all these MPHASIS / PENINLAND / RENUKA/ SESAGOA / UTI Bank / Wockhardt ;The Open & Low (still now ) is almost same.

In case of Emphasis our pre-mkt LR is the Low , still now
 

renu daga

Well-Known Member
Re: Todays Buy Levels

asish da..
i think its very risky to enter fresh today ,,since everything has opened with gap....and so the open and low is same,,,,,,,,every stock making a new high almost.....a sudden fall to be ,,,seen,,,,,,,in nifty future,,,
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renu
 
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uasish

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Re: Todays Buy Levels

rickytop,
In Eveready Industries i have some holding,now at 12.51 pm price is 52.25.

Renu,
Every day there will be some reason or other for not to Buy but for System trading we take this risk with position sizing & strict SL.

Asish
 

renu daga

Well-Known Member
Re: Todays Buy Levels

asish da
u are rgt ,,every day there shall be reason,,,
why is aid today at this time ,,because ur stocks generated ,,,in list ,,still showing teh same open ,and low.........hence they moved up quite high ,,not giving a scope also to buy...soi find a bit risky thats all....

lets see what happens!!!!!

renu
 
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