Trading Strategies Using Technical Analysis

[Gang123]

Raunak Sir,

What is your opinion about the Script HEXAWARE. I mean fundamentaly how good is this script in its sector. In the whole IT sector I have only TCS.. Can I add HEXAWARE also. Or Stick only with TCS.

Technicaly speaking, From November to Jan 3 HEXAWARE moved from 80 to 128 which is more than 50% appriciation where as TCS moved from 1000 to 1170 it is only 17%. Now while retracing during correction also you can see that TCS corrected more than 50% of its appriciation while HEXAWARE did not correct its 38.2 %

Thanks,
Gangadharan.

 

[kindman]

MY VIEW ON BANK NIFTYy...

IT HAS TO TOUCH 12250 LEVEL....
(these are just my views .. and i have long position on Orientalbank@ 363 rs / target 420/sl 349)

 

[SwingKing]

Raunak Sir,

What is your opinion about the Script HEXAWARE. I mean fundamentaly how good is this script in its sector. In the whole IT sector I have only TCS.. Can I add HEXAWARE also. Or Stick only with TCS.

Technicaly speaking, From November to Jan 3 HEXAWARE moved from 80 to 128 which is more than 50% appriciation where as TCS moved from 1000 to 1170 it is only 17%. Now while retracing during correction also you can see that TCS corrected more than 50% of its appriciation while HEXAWARE did not correct its 38.2 %

Thanks,
Gangadharan.

Good company on fundamentals.

I have it in my portfolio. Have accumulated since 75 levels.

Buy some now and rest if it gravitates towards 110.

Tc

 

[SwingKing]

Positions in Nifty & Bnifty both are being built up.

Tc

Positions in Nifty & Bnifty were increased substantially.

I still maintain my view that what we were witnessing was a routine correction and we would move higher. The pullback which is termed as "Technical pullback" in my opinion is more than just Technical in nature.

Tc & Trade Well.

 

[positionaltrader]

Hi raunakagarwal,

Congrats for becoming the Moderator.

I need your suggestion in this. I have a portfolio for a worth of 1 lakh 38 thoushand (current price). and i having a current outstanding of my personal loan for 1lakh 50 thousand. Remaning loan tenure is 4 years with 14% interest. My Monthly EMI is 4654.

Currently after paying my EMI am saving Rs 4000 which intend to do a sip in Equity market(by buying LArge cap and mid cap shares)

My question

1.can i close by loan by selling my portfolio and start fresh from Feb with an SIp of 4000+4654 .

2.Let the Loan run for 4 years and keep adding 4k with the existing portfolio

My aim to build around 10 to 15 lakh in next 5 years for Downpayment for buying my House.
am request you go through my existing my portfolio and give me the suggestion.


Stock Symbol Qty Average Cost Price Current Market Price Value At Cost Value At Market Price
IFCI 125 68.07 62.55 8508.75 7818.75
Lic housing Finance 35 256.37 181.95 8972.95 6368.25
State bank of india 2 2,866.09 2617 5732.18 5234
oriental carbon 50 145.21 126.15 7260.5 6307.5
fedders llyod 75 102.08 85.4 7656 6405
morganite crucible 35 377.04 268.35 13196.4 9392.25
Gold ETF 3 1,827.38 1981.73 5482.14 5945.19
first source 125 28.7 24.1 3587.5 3012.5
NMDC 30 303.63 278.1 9108.9 8343
Nav Bharat Ventur 15 366.61 328.9 5499.15 4933.5
Precision Wires 50 144.86 122.9 7243 6145
Sesa Goa 15 324 343.1 4860 5146.5
Zenith Birla 180 20.63 10.61 3713.4 1909.8
Coal India 72 233 309.3 16776 22428
Glory Polyfilms 400 10.68 7.09 4272 2836
Vishal Retail 100 57.67 35.15 5767 3515
NHPC 197 37.11 28.3 7310.67 5575.1
Reliance Power 15 175.81 160.65 2637.15 2409.75
SJVN 100 24.73 22.85 2473 2285
Reliance Industries 9 968.67 1084 8718 9753

thanks

 

[SwingKing]

Tc

 

[SwingKing]

Hi raunakagarwal,

ost Price Current Market Price Value At Cost Value At Market Price
IFCI 125 68.07 62.55 8508.75 7818.75
Lic housing Finance 35 256.37 181.95 8972.95 6368.25
State bank of india 2 2,866.09 2617 5732.18 5234
oriental carbon 50 145.21 126.15 7260.5 6307.5
fedders llyod 75 102.08 85.4 7656 6405
morganite crucible 35 377.04 268.35 13196.4 9392.25
Gold ETF 3 1,827.38 1981.73 5482.14 5945.19
first source 125 28.7 24.1 3587.5 3012.5
NMDC 30 303.63 278.1 9108.9 8343
Nav Bharat Ventur 15 366.61 328.9 5499.15 4933.5
Precision Wires 50 144.86 122.9 7243 6145
Sesa Goa 15 324 343.1 4860 5146.5
Zenith Birla 180 20.63 10.61 3713.4 1909.8
Coal India 72 233 309.3 16776 22428
Glory Polyfilms 400 10.68 7.09 4272 2836
Vishal Retail 100 57.67 35.15 5767 3515
NHPC 197 37.11 28.3 7310.67 5575.1
Reliance Power 15 175.81 160.65 2637.15 2409.75
SJVN 100 24.73 22.85 2473 2285
Reliance Industries 9 968.67 1084 8718 9753

thanks

PositionalTrader,

You need to consult some Financial Planner for such type of situation. I am not the correct person to advise you on this.

Regarding your portfolio, I will tell you this weekend.

Tc

 

[SwingKing]

Below expectation Infosys result is good for market. Not Bad.

Will explain the reasons later.

Tc

 

[SwingKing]

Simple Scalp Trade

Whenever a Index major comes out with result and the media reports it to be below expectation, I always scalp trade the index option for a quick gain of 6-8 Rs. Due to sentiment Index falls and recovers within few minutes. In that moment making scalps on option is relatively easy.

Position opened at 68.6. Closed at 74.

Today's position screenshot.

Tc

 

[nimish_rulz]

Review of : 70994044
as of 12/01/2011
TODAY'S CLOSE 5,867.950
TOMORROW's
PROJECTED HIGH

5,963.15

PROJECTED LOW

5,789.80


BOLLINGER BANDS
CLOSING PRICE:5,867.950
BOLLINGERBAND TOP:
6,201.732
21 DAY MOVING AVERAGE:
5,980.219
BOLLINGERBAND BOTTOM:
5,758.706