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Today's Buy Levels

Discuss Today's Buy Levels at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by deb99891 taken delivery state bank 1250 stop loss 1229 So SL Hits ...


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  #2551  
Old 25th June 2008, 09:08 PM
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Default Re: Today's Buy Levels

Quote:
Originally Posted by deb99891 View Post
taken delivery state bank 1250
stop loss 1229
So SL Hits or Not?
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  #2552  
Old 25th June 2008, 11:03 PM
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Default Re: Today's Buy Levels

Hi .. Guys

I am new to this thread but I keep investing in the market . One litle
question I want to ask you people which is the Good Broker for Intraday Trade as you People do .
pls share your valuable input

one thing more ..............

I got trapped with Sasken Coomunication on 22nd June when market was falling and raised a buy position in this at 159.50 and it closed down at 144 (without any SL )somewhere with loss of more than 10,000+ then I thought to convert this into delivery ... Pls advise me how long can I hold this scrip to get some profit out .... total shares converted around 1000
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  #2553  
Old 26th June 2008, 12:20 AM
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Default Re: Today's Buy Levels

Quote:
Originally Posted by uasish View Post
Any up move after a descent fall can not be a straight 45 % .
A phase of volatilty ,then a lull in volatility ,with some base building is neseccasry.
yes asish da
agreed
but 2day i was expecting a panic bottom(like a downthurst eod bar)
as this is not formed so confused a bit again to aggresively take long entry
neway took position 2day adlabs @501.5 (trailing stop 510)
lets see
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  #2554  
Old 26th June 2008, 10:06 AM
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Default Re: Today's Buy Levels

Quote:
Originally Posted by uasish View Post
Any up move after a descent fall can not be a straight 45 % .
A phase of volatilty ,then a lull in volatility ,with some base building is neseccasry.

a phase in vol.....this is called consolidation

renu
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  #2555  
Old 26th June 2008, 01:40 PM
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Default Re: Today's Buy Levels

went through the open interest data for june contract of major stocks and in majority of the stocks the open interest bulit up was seen on days when the stocks were up and not down . This indicates that the often abused word short-covering rally may not come barring an odd icici bank ,jp associates , maruti , neyveli , dlf and ashok leyland where the oi bulit up was seen even on down days..if a rally comes through today it will be due to reasons other than short covering probably a long buildup..
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  #2556  
Old 26th June 2008, 04:47 PM
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Default Re: Today's Buy Levels

How do you account for massive discount in July Series,to day at some time it was even mind boogling.
I took a small Long position only on one notion,arbittragers are going to act at some moment of time.
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  #2557  
Old 27th June 2008, 01:21 AM
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Default Re: Today's Buy Levels

now dji is 11492
broken 11600(after filterring)
so let s see for some capitulation tomorrow
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  #2558  
Old 27th June 2008, 11:19 AM
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Default Re: Today's Buy Levels

Holding Ongc (cash) Long @845.xx, With A Stop @839.XX.
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  #2559  
Old 27th June 2008, 12:29 PM
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Default Re: Today's Buy Levels

Quote:
Originally Posted by biyasc View Post
Holding Ongc (cash) Long @845.xx, With A Stop @839.XX.
still holding, but no movement in price.
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  #2560  
Old 27th June 2008, 01:11 PM
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Default Re: Today's Buy Levels

Quote:
Originally Posted by biyasc View Post
Holding Ongc (cash) Long @845.xx, With A Stop @839.XX.
long stop hit (-6 rs.), shorted @839.xx, stop 845.xx.

booked 50% profit @829.xx (+10 rs.), holding the rest with same stop @845.xx.
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