Today's Buy Levels

Saint · #**3011** 20th August 2008, 07:12 PM

Quote:

Originally Posted by biyasc

fully agree with you. even someone told me in this forum that i also have to look out for fundamentals, to take a scalp trade.

lol

Saint

deb99891 · #**3012** 20th August 2008, 08:57 PM

Quote:

Originally Posted by biyasc

fully agree with you. even someone told me in this forum that i also have to look out for fundamentals, to take a scalp trade.

joke of the month

nitheshnitz · #**3013** 20th August 2008, 11:19 PM

Hi everybody!
I am new to this thread. This forum is very helpful to the new traders. Ashishji, Saintji and more experienced traders are very much helping the new comers to learn about the technical analysis in stock market. Thank you very much for them all. One doubt sir, Where i will get the hourly high, low, close. Everyday high, low, close is got from nse site itself.

Tapaswi.S · #**3014** 21st August 2008, 12:50 AM

Quote:

Originally Posted by rajaram.dilipkumar

yasir, most of the work is done not during trading hours but the previous night ... we look for specific set-ups on daily and intra-day charts for making an entry the next day ( attimes when those set-ups happen intra-day we take a call there itself but there again the stocks are shortlisted the previous night).... i dont trade stocks and options intra-day , iam more of a positional trader with a 2-7 days view thats it but futures is where most of us take intra-day calls(again working upon predecided levels) ..
Even i dont track all the 3000 stocks available in the market(i tried metastock but learning how to use it in itself is a big challenge) .. hence i track only a pool of 15 stocks(from next week reducing it to 5-6) and based upon technical study i buy and sell them....only if the patterns look extremely exiting do i jump in to other stocks but asishji tracks every stock available in NSE futures and he uses metastock codes(with criterias set by him) to scan and buy/sell them...

Dear Rajaram,
What kind of setups one should look for shortterm positional trading. I am a short term Trader, your input could be of good help

uasish · #**3015** 21st August 2008, 11:03 AM

Bajaj Holdings bought @ 461.35 Stop = 457.65 (in double Qty)

rishig38 · #**3016** 21st August 2008, 11:08 AM

Quote:

Originally Posted by uasish

Bajaj Holdings bought @ 461.35 Stop = 457.65 (in double Qty)

what do you mean double quantity? .

biyasc · #**3017** 21st August 2008, 11:28 AM

Quote:

Originally Posted by rishig38

what do you mean double quantity? .

means he will reverse his position on stop hit.

rajaram.dilipkumar · #**3018** 21st August 2008, 12:54 PM

bought suntv s/l 233( positional call)..... target 259. Closed gujnreck at 107 and still holding tatasteel

rajaram.dilipkumar · #**3019** 21st August 2008, 12:57 PM

sry tapawi and rishi , cant detail the setups i look for

...

rajaram.dilipkumar · #**3020** 21st August 2008, 01:38 PM

Quote:

Originally Posted by rajaram.dilipkumar

also if anyone is holding tatasteel ... pls hold it with stop i mentioned before at 594 ( dont sell unless the hourly closes below this level)....for gujnre raise sl to 106 ( again on hourly close )

pls note tatasteel stop 592.3 anytime it goes below this level get out dont wait for hourly close below 594 since much damage can happen in a hour

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The Following 2 Users Say Thank You to Saint For This Useful Post:
biyasc (21st August 2008), deb99891 (20th August 2008)

The Following 2 Users Say Thank You to rajaram.dilipkumar For This Useful Post:
avijit_das (21st August 2008), novice1 (21st August 2008)