Trading Strategies Using Technical Analysis

[SwingKing]

Re: Updated Investment Sheet

Raunak,
Would request you to kingly upload a .txt or rtf file. The various versions of MS Word are not compatible among themselves. Hope you consider. Thanks and regards

Ticker	     Date	Entry	Today	% Change		
ABGSHIP	28/01/2010	279.8	286.75	 2.48%		
AMBUJA	28/01/2010	102.75	106.7	 3.84%		
ACC	28/01/2010	889	885.9	-0.35%		
GESHIP	28/01/2010	287.75	270.5	-5.99%		
ABB	25/01/2010	815.9	792.5	-2.87%		
CENTEX	25/01/2010	521.8	479.85	-8.04%		
ROLTA	01/02/2010	203.2	181.7	-10.58%		
GTLINF	01/02/2010	42.53	41.55	-2.30%		
DISHTV	01/02/2010	41.95	41.55	-0.95%		
ZEEL	01/02/2010	261.4	261.8	 0.15%		
RELIANC	01/02/2010	1040.85	1015.5	-2.44%		
POWERGR	01/02/2010	112.4	107.05	-4.76%		
FINANTE	01/02/2010	1539	1521	-1.17%		
COLPAL	05/02/2010	702	701.6	-0.06%		
DABUR	08/02/2010	175.9	172.8	-1.76%		
			Avg per trade %	-2.49%

 

[watcher]

Re: Updated Investment Sheet

among this list could you further shortlist a group of 3 if you were to make an entry as of EOD today. Thanks and regards

 

[SwingKing]

Re: Updated Investment Sheet

among this list could you further shortlist a group of 3 if you were to make an entry as of EOD today. Thanks and regards

Watcher that's going to be very difficult to do. See, its a complete portfolio and I cant specify which one's are the strong one and which are the weaker one's. All stocks are buy's based on various parameters. Minimum holding period is 1 year. So, it may be that they are not performing now, but they might begin to perform in coming days.

Where have you been these day's ??

 

[watcher]

Re: Updated Investment Sheet

Got mauled by cipla, very busy arranging M2m. Also went to the mahakumbh to seek divine intervention. Ha ha ha ha ha

 

[watcher]

Re: Updated Investment Sheet

My point was if I were to make an entry into the portfolio as of today, which are the ones i should pick? Would you still suggest a spread of the portfolio or maybe a couple of the scripts since its been a fortnight since the entry and there has been significant changes in the market in these 15 days. Thanks and regards

 

[watcher]

Dear Raunak,
Just wanted to state off the topic that a chartist whom we generally refer to has strongly said from Jan 20th that the highs for this year has been attained for the nifty. Could u pl give ur views on the same.
Thanks and regards

 

[SwingKing]

Dear Raunak,
Just wanted to state off the topic that a chartist whom we generally refer to has strongly said from Jan 20th that the highs for this year has been attained for the nifty. Could u pl give ur views on the same.
Thanks and regards

Watcher, am not an avid supporter of support and resistance hence I wont give you any level. But, I am looking for 4540 as a critical point. Not because it is some major support level but due to its relevance in determining the structure of the market. I will begin to worry when this level is taken out. Hence, till this happens, I will continue to hold on to my positions. It is better not to anticipate in this scenario.

 

[SwingKing]

Re: Updated Investment Sheet

My point was if I were to make an entry into the portfolio as of today, which are the ones i should pick? Would you still suggest a spread of the portfolio or maybe a couple of the scripts since its been a fortnight since the entry and there has been significant changes in the market in these 15 days. Thanks and regards

I invest equally in every stock that gives a buy. That way, investment gets diversified and investments remain small and well divided.

As of today, most of the stocks are giving better entry points. I will continue buying till the market does not show me structural changes. No matter who the chartist is, till the market shows me the change, I will never react.

Tc.

 

[watcher]

Re: Updated Investment Sheet

I invest equally in every stock that gives a buy. That way, investment gets diversified and investments remain small and well divided.

As of today, most of the stocks are giving better entry points. I will continue buying till the market does not show me structural changes. No matter who the chartist is, till the market shows me the change, I will never react.

Tc.

Appreciate it. What I appreciate most in you is not the conviction but the clarity of thought. Because the former is the effect and the latter the cause.
Thanks and regards

 

[watcher]

Raunak,
One more request. Strongly urge you to start a thread on options. That would be great. This is upto you, your priorities and time constraints but would look forward to one in the future.
Thanks and regards