Hai all, The weakness in dollar was the cause of all software stocks to lie low.On friday a leading brokerage house had asked all HNI's to go long on softare stocks.but weak dollar on monday, spoilt our plans.
will give tips after FO close.
bye
ravi
hai, as advised earlier, the rupee is playing havoc with software stocks.geo info is technically poised for a breakout, but while trading we have to bear in mind external factors also.so wait till settlement.
bye
ravi
Dear Mr Ravi
Can you please explain the system developed by you so that others can use the system and try to improve upon it with their knowledge?
Are you using a mixture of technical systems or a single system giving such good calls?
Please share for the betterment of the community..
Dear Mr Ravi
Can you please explain the system developed by you so that others can use the system and try to improve upon it with their knowledge?
Are you using a mixture of technical systems or a single system giving such good calls?
Please share for the betterment of the community..
hai ruchir, its basically ADX which determines the strength of the stock movement.if you watch stocks with ADX below 20 for about 20 sessions, then u can zero in on a few stocks.From this you can select, buy or sell, as a weak ADX will reverse the trend.Also watch volumes and its divergence to price.I hope i have shared enough!!!.
Happy profits.
Bye
ravi
hai my first recommendation Petronet,buy @45/- levels, in stocksforliving.blogspot.com is now being recommended by all stock broker and PMS firms as buy and hold.The last recommendation of Geoinfo ,buy @ 232 to 238 last saturday is now 250.
bye
Happy profits www.stocksforliving.blogspot.com