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buy tatachem

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  #1  
Old 21st March 2007, 10:06 AM
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Default buy tatachem

buy tatachem (197.40) above 198, sl 196.
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  #2  
Old 21st March 2007, 04:40 PM
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Default Re: buy tatachem

HI

Can you please give the reason for that recos??

Regards,
Luckytrader
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  #3  
Old 21st March 2007, 05:38 PM
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Default Re: buy tatachem

Quote:
Originally Posted by Luckytrader View Post
HI

Can you please give the reason for that recos??

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Luckytrader
hi, it was a technical buy.
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  #4  
Old 21st March 2007, 08:13 PM
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Default Re: buy tatachem

Quote:
Originally Posted by biyas10 View Post
hi, it was a technical buy.
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.]

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Luckytrader
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  #5  
Old 22nd March 2007, 10:39 AM
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Default Re: buy tatachem

Quote:
Originally Posted by Luckytrader View Post
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
hi,

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  
Old 22nd March 2007, 11:04 AM
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Default Re: buy tatachem

Quote:
Originally Posted by Luckytrader View Post
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
hi lucky,

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  
Old 22nd March 2007, 06:40 PM
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Default Re: buy tatachem

Quote:
Originally Posted by biyas10 View Post
hi lucky,

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.
Thanks for the information...

Your Tata Chem hit target
Today closed above 210

Regards,
Luckytrader
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  #8  
Old 22nd March 2007, 06:54 PM
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Default Re: buy tatachem

hi,
any other stock that i can buy?
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  #9  
Old 23rd March 2007, 09:56 AM
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Default Re: buy tatachem

Quote:
Originally Posted by sohan1_1 View Post
hi,
any other stock that i can buy?
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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