Trading Tips - koolfriend4u

[koolfriend4u]

nifty confuses me :-(

nifty @ 80% of retracement is gud support for bulls infact.but the higher put writing is the matter which confuses me here.

4980 will act as gud support at these levels & one can tgt 5105

 

[gb333]

Hi..
I have read ur posts and its very encouraging. would u kindly give ur best 5 Intraday trading tips for safe trading. I have lost nearly 2lak in trading since March 2009. Now I have only 1lak in my ledger.
Kindly Help me..

 

[koolfriend4u]

Hi..
I have read ur posts and its very encouraging. would u kindly give ur best 5 Intraday trading tips for safe trading. I have lost nearly 2lak in trading since March 2009. Now I have only 1lak in my ledger.
Kindly Help me..

Hi gb

I am sorry to hear you hav lost 2 lac of your hard earned money.

I give positional calls alone & intra very rarely i give( if there is real opportunity for trade). If no opportunity then stay away is the strategy from my end.

Better do positional - delivery based trade - where you wont lose in huge.there may be loss but minor. But an investment is always good.

Never indulge in intra or option trade atleast for time being.

Some delivery based calls you can take includes( accumulate @ dips):

1)Northegate technologies
2)FSL
3)20 microns

 

[koolfriend4u]

20microns-FSL: Trading Tips - koolfriend4u

pls see the chart & tgt for 20mic & FSL

20 microns:

http://3.bp.blogspot.com/_ygwA_laFMMw/Sv3MATYiAMI/AAAAAAAAAEA/eM-yhy14F-0/s1600-h/20micron.PNG


FSL:

http://photos-d.ak.fbcdn.net/hphoto...42922914_100000090471648_112594_5187686_n.jpg

 

[gb333]

Thanks a lot. One more thing....
Do u thing that STOCHASTIC (8,3,4) indicator along with 5 period EMA and 13 period EMA lines provides the best buy/sell signals in 5 min and 30 mins charts?

 

[koolfriend4u]

Thanks a lot. One more thing....
Do u thing that STOCHASTIC (8,3,4) indicator along with 5 period EMA and 13 period EMA lines provides the best buy/sell signals in 5 min and 30 mins charts?

Since I never use 5 min & 30 min chart - AM NOT THE RIGHT PERSON TO COMMENT ON THIS.

sorry for the inconvenience.

Dear friends if anyone could help mr.GB pls guide him in this query

-koolfriend4u

 

[stockBond]

Since I never use 5 min & 30 min chart - AM NOT THE RIGHT PERSON TO COMMENT ON THIS.

sorry for the inconvenience.

Dear friends if anyone could help mr.GB pls guide him in this query

-koolfriend4u

What do u feel about SESAGOA and ashokleyland ahead ?

Can I buy CALL options in these counters ?

 

[koolfriend4u]

What do u feel about SESAGOA and ashokleyland ahead ?

Can I buy CALL options in these counters ?

Both the scrips are too costly... @cmp-Mr.Bond
Presently am exiting all my longs. Am looking ahead over fall in nifty.

If nifty falls,every one need to fall.say even amtek auto which is in 3rd leg of elliot need to fall.

from my side no calls / puts on these scrips.

Now watching nifty eagerly.

if 5010 broken, 4980 gud support. if 4980 broken, Bear mkt starts

 

[koolfriend4u]

sesagoa - koolfriend4u

Never forget these earnings report of sesa:

Sesa Goa announced Q2 results which were below Emkay`s estimates. The broking house has downgraded the company to `HOLD` with a target price of Rs 289 as against the current market price (CMP) of Rs 319. At the CMP of Rs 319, the stock is trading at 12.2x FY10E EPS of Rs 26.1 and at 10.6x FY11E EPS of Rs 30.1.

And the news here:

if warranted, would be taken against mining major Sesa Goa only after detailed examination of the financial accounts of the Vedanta Resources group company.

Sesa Goa has been facing charges of financial irregularities including diversion of funds, and over and under-invoicing.

Terming the inspection of books as a ``normal procedure``, Corporate Affairs Minister Salman Khurshid today said, ``These (inspections) are procedures that have to be followed before taking a final decision. Decisions are taken after some reports...whatever reports (SFIO report) come.``

Earlier this week, official sources had said that the MCA has ordered the Serious Fraud Investigation Office (SFIO) to probe into alleged financial irregularities of Sesa Goa.

The Registrar of Companies (RoC), which has been investigating allegations against the company since 2003, is also learnt to have found evidence of diversion of funds.

 

[gb333]

ok..so what indicators do u think is the best one for intraday trading?