Swing trading the Traditional Way

[SwingKing]

I know MA means Moving Average dear ...

In that post I meant " I do not know which Moving Average lies around that area".

MA (unless a major one) does not act as a Support or Resistance level. Otherwise why only 14 why not 15, 16 ,17 ,18 ....

Hope you get my point.

 

[scplindia]

normally most analyst consider 14 day, 20 day, 100 day and 200 day. But I dnot know why, as mentioned by you.

 

[scplindia]

what is the target for suzlon as per your calculations

 

[SwingKing]

77 - 79 - 82

1st - 2nd - 3rd

 

[SwingKing]

Buy ACC
Buy Ambujacem
Buy Grasim
Buy Idea
Buy Orchidchem
Buy Powergrid
Buy PTC
Buy Siemens
Buy TATAComm

Trades for tomm (8th April 2010)

Will update the buying price in the evening.

 

[sudoku1]

nifty has formed a H&S pattern on the intraday charts.

Pl confirm and post your comments

bearish confirmation comes on a sustained break below the shoulder

 

[aces27]

Hello Raunak ,
Made a good profit on Apollo.
Thanks on your advise and guidance. It was definetely worth sticking on with what you were saying.

Presently am holding Rpower PA option 29/4 150 purchased at Rs.6 , lot of 2000.
If you could provide your opinion on the same , it would be very helpful as my money is put into it.

Also for others , check out MSK Projects , rama news print seems a potential earning spot. Check and provide your own analysis.


Thanks to the forum and all the members for this knowledge sharing.

 

[SwingKing]

Well Aces, I track only F&O segment shares and hence I wont be able to comment on MSK and ramanews. Regarding Rpower, well the price structure has not been that greta for this stock and for the power sector on the whole. You have bought Put options at a resistance zone so it might give you a profit.

If rpower closes above 165, then exit your put options as beyond 165 it will be forming a new minor top.

 

[aces27]

Well Aces, I track only F&O segment shares and hence I wont be able to comment on MSK and ramanews. Regarding Rpower, well the price structure has not been that greta for this stock and for the power sector on the whole. You have bought Put options at a resistance zone so it might give you a profit.

If rpower closes above 165, then exit your put options as beyond 165 it will be forming a new minor top.

Hello Raunak ,
To make a profit , the premium has to go above 6.
This will happen only if the value of the stock falls to around 145 odd.
If a profit can be expected near term / till Apr 29 , then at today's price of 1.4 its a very very good buy.
Please advise.
If you dont mind could I please add you on Gtalk / Yahoo etc.

 

[saivenkat]

Buy ACC
Buy Ambujacem
Buy Grasim
Buy Idea
Buy Orchidchem
Buy Powergrid
Buy PTC
Buy Siemens
Buy TATAComm

Trades for tomm (8th April 2010)

Will update the buying price in the evening.

Dear Raunak,

Ambuja cement 117 to 122.45

Grasim 2815 to 2859

Idea 64 to 69

powergrid from 107 on the date of recommendation it made a high of 113
yesterday.

PTC 112 and remains the same level at 112.

Siemens 736 to 756

Tata communications 286 recommended and made a high of 293 on the same day.


So, all trades in the green and most importantly in healthy profits.

Again good work by Raunak. :thumb:

Regards
Saivenkat