Trading with Volume Spread Analysis (VSA)

[niludeepak]

one thing i will like to add is intraday charts should not be analysed on vsa concepts, it has failed me quiet a many times

 

[rajputz]

one thing i will like to add is intraday charts should not be analysed on vsa concepts, it has failed me quiet a many times

For more accuracy try studying VSA on weekly charts....will give you the bigger picture.

 

[kaly422000]

sugar stocks like renuka.just see what happening in last three trading days.
is it selling cliamax will happen or already happened today

 

[rajputz]

it was climax i think..if it wasnt, then we would have a wide spread bar....but it was constant try to go up...more of a selling climax....

 

[asitprasen]

Try accumulating in belt of 142-133, be aggressive in buying in the range below 120 till 114.
See the price movements 13 July 2009 onwards.
Latest announcement regarding renuka sugar,
"Shree Renuka Sugars Ltd has informed BSE that the Allotment Committee of the Board of Directors at its meeting held on March 04, 2010, has allotted 1,80,00,000 equity shares of face value Re. 1/- each at the issue price of Rs. 114.37 per share, including premium of Rs. 113.37 per share aggregating to Rs. 205.87 Crores to one of the Promoter Companies viz., Murkumbi Investments Pvt. Ltd."

 

[asitprasen]

Same with BALRAMPURCHINI

 

[nimish_rulz]

The market is looking very very positive. Expect a 5300 level before expiry. Lot of accumulation going on. Since 15th Feb continuous FIIs buying is happening. 10,000 Crore or more has been put in the system. Range bound movement shows hidden buying is going but everyday the lows are getting lower. Lot of stocks have given test of supply. I am still long and have been long since 4700 levels. However some tiredness in Europe now.

Sorry for posting after a long time.

 

[chaitanyagoa]

The market is looking very very positive. Expect a 5300 level before expiry. Lot of accumulation going on. Since 15th Feb continuous FIIs buying is happening. 10,000 Crore or more has been put in the system. Range bound movement shows hidden buying is going but everyday the lows are getting lower. Lot of stocks have given test of supply. I am still long and have been long since 4700 levels. However some tiredness in Europe now.

Sorry for posting after a long time.

Cant agree more..... But Not sure if e can hit the 5300 before expiry... But definitely market is showing a lot of strength[]

 

[nimish_rulz]

Now with such a breakout and still accumulation going on expect nifty to inch towards 5350-5400. Mutual funds are yet to participate they will take part in April once the tax year ends which would mean another up move in April. Trend now is bullish. Intermediate term is range bound. Breakout of 5400 would take nifty to 5800+. I maintain my bullish stance. Now the support is 5160 break of which would signal false breakout.

 

[chaitanyagoa]

Now with such a breakout and still accumulation going on expect nifty to inch towards 5350-5400. Mutual funds are yet to participate they will take part in April once the tax year ends which would mean another up move in April. Trend now is bullish. Intermediate term is range bound. Breakout of 5400 would take nifty to 5800+. I maintain my bullish stance. Now the support is 5160 break of which would signal false breakout.

Nimish,

Can't agree more with ya dude!!!! can u add me on yahoo messenger?
same username @ yahoo . co . in

Thanks