Trading Strategies Using Technical Analysis

[scplindia]

Here's a chart .. weekly ...

What does it seem to be forming .. a base .. accumulation ... or can we let this one go ?

Dear SM,

Which stock is this, worth watching to see, if this is going to have a break out and in which direction.

Thanks
Prem Kumar

 

[SwingKing]

Dear SM,

Which stock is this, worth watching to see, if this is going to have a break out and in which direction.

Thanks
Prem Kumar

Areva T&D.

Tc

 

[SwingKing]

Fresh Investment Buy List

         Script               Date        Buy         SL
          Cipla            10/5/2010      328      320-323
    Chennai Petroleum      10/5/2010     258.5     252-255
  Hexaware Technologies    10/5/2010      78.7      75-77
 Hindustan Construction    10/5/2010      62.4        60
      Kamat Hotels         10/5/2010      137        120
      Tulip Telecom        10/5/2010      190        178
   Gateway Distriparks     10/5/2010      117        112

* SL given here is for Weekly closing prices
** Position Sizing has to be carried out in the same way as it was explained earlier

Tc

 

[aryan.]

Raunak, can you please tell me whats going on with KOUTONS,

46% fall last week and today a huge spike in volume.

 

[SwingKing]

Raunak, can you please tell me whats going on with KOUTONS,

46% fall last week and today a huge spike in volume.

Exit the stock.

Tc

 

[oilman5]

Fresh Investment Buy List

         Script               Date        Buy         SL
          Cipla            10/5/2010      328      320-323
    Chennai Petroleum      10/5/2010     258.5     252-255
  Hexaware Technologies    10/5/2010      78.7      75-77
 Hindustan Construction    10/5/2010      62.4        60
      Kamat Hotels         10/5/2010      137        120
      Tulip Telecom        10/5/2010      190        178
   Gateway Distriparks     10/5/2010      117        112

* SL given here is for Weekly closing prices
** Position Sizing has to be carried out in the same way as it was explained earlier

Tc

...............................................................
i have taken position on HCC & hexaware.
Thanks to Raunakji as usual

 

[aryan.]

Exit the stock.

Tc

I have not bought the stock, I was just looking at its chart to see whats going on.

What could be the reason for such a huge volume surge.

 

[SwingKing]

I have not bought the stock, I was just looking at its chart to see whats going on.

What could be the reason for such a huge volume surge.

I'll answer your query over the weekend.

Tc

 

[SwingKing]

Am sure some of you must be thinking am in love with Reliance Media. Again and again I keep entering the stock.

Well, to be very honest, this is my 3rd entry in this stock over the past 1-2 months. This is because I am expecting this stock to move up considerably. Now, I don't know whether this will happen or not, but the indications are still very positive and I am just relying on that.

Let's see what happens.

Tc

Rel Media is up 6% today.

Looks like the stock is loving me too.

Anyway on a much serious note, this stock will really get active above 240. Don't know whether it will reach that level or not. In the past this stock has been active for 1-2 days and then again gone back to its 200-220 range. We'll have to see if today's momentum is sustainable or whether it will revert back to its range at the end of the day.

Tc

 

[rrmhatre72]

Keep holding Areva as of now. But remind me in another month's time to check on it.

Exit Lakshmi food immediately. Its down 50% from your buying level. Where are your risk management rules?

Don't commit this mistake another time.

Tc

Thanks Raunak,

pls suggest the stock where I can switch from lakshmi food.
I need stock with long term horison.... may be five year +....