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| Discuss buy tatachem at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; buy tatachem (197.40) above 198, sl 196.... |
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#1
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buy tatachem (197.40) above 198, sl 196.
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#2
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HI
Can you please give the reason for that recos?? Regards, Luckytrader |
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#3
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hi, it was a technical buy.
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#4
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Ok.
Technical buy, But how did you recognise it by Chart pattern, Break-out, Some Indicators, etc...On what basis?. Plz. Explain it in detail with charts. [You know that in this forum we discuss to learn from each other.] Regards, Luckytrader |
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#5
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Quote:
if anyone have position on tatachem (recommended at 198, sl 196) then book 50% profit at cmp (204) & hold the rest till closing period. Last edited by biyas10; 22nd March 2007 at 01:08 PM. |
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#6
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Quote:
basically i follows 5-15-30 minutes candlestic. i closely watch the last 30 minutes of trading activities. i also looks for the volume parameter. if there is abnormal volumes in last minutes then i buy the stock on next day above the previous high price. i look for a particular breakout level for taking my position & i place my sl around 1% below from my buy price. yesterdays breakout buy was tatachem-198 & todays breakout buy was vsnl-391, but unfortunately vsnl break 391 at opening bell & trading around 410. but i was unable to take position on this stock. this strategy do not produce more than 50-60% success rate. but the point is that the winning trades are much bigger than losing trades. Last edited by biyas10; 22nd March 2007 at 11:09 AM. |
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#7
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Quote:
Your Tata Chem hit target Today closed above 210 Regards, Luckytrader |
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#8
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hi,
any other stock that i can buy? |
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#9
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three breakout buy: hll: 201, ipcl: 271, bpcl: 321. - all stocks ura unable to breakout - do not buy .....
Last edited by biyas10; 23rd March 2007 at 11:45 AM. |
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