Trading Strategies Using Technical Analysis

[praveen taneja]

PT sir,

hum to abhi bhi long hain market pe.

aapne bech diya kya sab ?

adi

Jab Jab Bahaar Aayee Aur phool muskuraaye Hum Maal Bech Aaye
when I saw 5940 pulling leg of Nifty and not allowing it to go and distribute at 5990-6020 I started taking my cash
are fir se ghar sazaana hai Ruthi Bhabhi ko manana hai:thumb::lol::rofl::clap:

 

[praveen taneja]

Jo atchha lage wo apna lo Jo bura lage use jaane do

 

[praveen taneja]

copy pase from a group chart only to show weakness

 

[gauharjk]

gauhar sir,

kya lagta hai market ke baare mein?

up or down ?

adi

Looking forward to Nifty 6000 tomorrow. Lets see how the resistance above that level is...

 

[nimish_rulz]

So the trading range given was almost perfect missed upside and downside by 10 odd points each way. Now for tomorrow:

Review of : 70001247
as of 13/12/2010
TODAY'S CLOSE 5,907.650
TOMORROW's
PROJECTED HIGH

5,969.68

PROJECTED LOW

5,851.78


BOLLINGER BANDS
CLOSING PRICE:5,907.650
BOLLINGERBAND TOP:
6,134.294
21 DAY MOVING AVERAGE:
5,943.538
BOLLINGERBAND BOTTOM:
5,752.782

The BB Bands are contracting massively. This is going to be fun.

For tomorrow:
Review of : 70001247
as of 14/12/2010
TODAY'S CLOSE 5,944.100
TOMORROW's
PROJECTED HIGH

5,981.63

PROJECTED LOW

5,916.42


BOLLINGER BANDS
CLOSING PRICE:5,944.100
BOLLINGERBAND TOP:
6,123.523
21 DAY MOVING AVERAGE:
5,943.589
BOLLINGERBAND BOTTOM:
5,763.655

The predicted low should also be used as a stop loss to exit long or go short.

 

[jagankris]

Dear Raunak Bhai,

What is your view on Hero Honda both fundamentally and technically ?
Why hero Honda is under performing the markets while the auto sector is very strong ?

TIA.

Best regards,
JK

 

[SwingKing]

Dear Raunak Bhai,

What is your view on Hero Honda both fundamentally and technically ?
Why hero Honda is under performing the markets while the auto sector is very strong ?

TIA.

Best regards,
JK

Jagan My dear,

There is a lot of negative news around this stock. Fundamentally too Hero Honda is going through a lull phase. Hence as of now stay away from this stock. Hero Honda has an excellent Management team and a very experienced one. Hence, always watch for this stock. We'll track it closely to see when the next opportunity arises.

Tc

 

[nimish_rulz]

Exited Hindustan Petroleum @ 421.60 purchase price @ 402.5
Might look for re entry.

 

[nimish_rulz]

Apollo Tyres Long Looking for 70 Levels!

 

[gangadharan]

There you go Gangadharan. Look at Dish.

Looks like I bought some too. :lol:

Tc

Gangadharan,

If you are sure about the move, then add it.

You always have the option to cut back position if trade goes against you.

Tc

Hello Raunak sir,

Yesterday I was disconnected immediately after my last post here because of internet problem so I could not enjoy the move of DISH. Probably it is moving against the market trend. now. ChampalFert also moving up.

Sir, I was thinking of a move in Tatasteel and it seems that you were not that confident about the up move or were seeing a down move. Yeah.. it is moving down now with the market. (Actually I made my mind to add a 10% on Tata Steel yesterday but.... the internet connection..

Can you please tell me how you looked on to the script that probably gave you the correct scene.. I cant believe that it was just your intuition.

Thank you,

With Regards
Gangadharan:clapping:

Wow.. Dish is 70 plus till I finish this post:thumb: