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I can help you with stock chart reading

Discuss I can help you with stock chart reading at the Position Trading Stocks within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hello VV, I think one can consider entry in REL at present. As you have ...


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  #991  
Old 6th September 2006, 11:35 AM
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Default Re: I can help you with stock chart reading

Hello VV,

I think one can consider entry in REL at present. As you have said earlier all sectors seems to be joining the trend. It is the turn of SUGAR industries now.

Tommorrow we can consider entry in sugar sectors as they seems to be making nice moves today (if the movement as of now maintains till the end of the day), mainly BALRAMCHIN, KCPSUGIND looks to be good buy. For BAJAJHIND one may have to wait another trading day I think.

Please give your views on these.

Regards
chachi
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  #992  
Old 6th September 2006, 12:48 PM
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Default Re: I can help you with stock chart reading

Hi VV

Please give your views on following:-

Rajesh Exports@170.85
Triveni Engg.@ 78.50

Regards
Rajeev
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  #993  
Old 6th September 2006, 07:43 PM
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Default Re: I can help you with stock chart reading

Quote:
Originally Posted by GKHERA99 View Post
vv
congrats for great site
Thanks.

Reliance
-- Price action is ok. Volume is not. See weekly chart for 1 year duration. U will see the volume reducing every week.

BALRAMCHIN
-- I would wait for better price action. 120 is resistance.

KCPSUGIND
-- Same story.

BAJAJHIND
-- 400 resistance. Whats Ur strategy?

Rajesh Exports@170.85
-- U pulled the trigger at right point. Have a stop and wait. 200 is the resistance.

Triveni Engg.@ 78.50
-- More of sideways action. I would come out break even. If you are interested in the stock for fundamental reasons, I would wait for it clear the trading range between 70 and 90.
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  #994  
Old 6th September 2006, 08:03 PM
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Default Re: I can help you with stock chart reading

Hi VV,

Please share your views on 3iinfotech.

It has cleared prev higher high at 175 and vol is also building up. Also it have crossed Support at 166 level yesterday.

Would appreciate you point of view.

And congrates on completing 1000 posts

Rgds
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  #995  
Old 6th September 2006, 08:45 PM
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Default Re: I can help you with stock chart reading

Quote:
Originally Posted by game4trade View Post
Hi VV,

Please share your views on 3iinfotech.

It has cleared prev higher high at 175 and vol is also building up. Also it have crossed Support at 166 level yesterday.

Would appreciate you point of view.

And congrates on completing 1000 posts

Rgds
Thanks.

Looks good. Look at the weekly chart for entry and stop due to the sideways action in daily. I think entry should be CMP.

Other way for entry based on daily is to use MACD crossup. We need this if a pull back turns into short term sideways action.
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  #996  
Old 6th September 2006, 08:55 PM
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Default Sterlite Industries Ltd.(STER)

Hi VV,

Please share your views on Sterlite Industries Ltd.(STER) on NSE
(Resistance/Support Levels ?)


NSE Data of Sterlite for today ...
Total traded quantity
3970767

Turnover in Rs.Lakhs
18423.96


Thanks in Advance,

Raju,
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  #997  
Old 6th September 2006, 09:23 PM
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Default Re: Sterlite Industries Ltd.(STER)

Quote:
Originally Posted by Raju View Post
Hi VV,

Please share your views on Sterlite Industries Ltd.(STER) on NSE
(Resistance/Support Levels ?)


NSE Data of Sterlite for today ...
Total traded quantity
3970767

Turnover in Rs.Lakhs
18423.96


Thanks in Advance,

Raju,
Went above previous resistance at 450. Watch 450 for support. 550 and 600 resistance.
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  #998  
Old 6th September 2006, 11:43 PM
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Default Re: I can help you with stock chart reading

hi vv, thanx 4 ur suggestions earlier.

Can I consider Entering ExideInd today (7th sep)?
Can I take position in Classic now? Waht is the future perspective?
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  #999  
Old 7th September 2006, 12:27 AM
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Default Re: I can help you with stock chart reading

Quote:
Originally Posted by mansukh View Post
hi vv, thanx 4 ur suggestions earlier.

Can I consider Entering ExideInd today (7th sep)?
Can I take position in Classic now? Waht is the future perspective?
Entry into Exide Ind should be ok. Do not compromise on Stop Loss. Reduce position size instead.

Classic looks ok right now after minor sidways action. U can enter at CMP or wait for MACD cross up.

Pros: Good trending stock with better price action.

Cons: U can see from the chart that it is overextended. It might get corrected to test 50 day EMA.

If U have questions on what approach to take, just choose one. Stick with that approach when similar situations arise.
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  #1000  
Old 7th September 2006, 06:30 AM
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Default Re: I can help you with stock chart reading

VV,

I did some analysis on the MACD, MA crossover, MA for Ansal Infra and have invested at 465. It has been slightly volatile since then. Could you let me know what you felt on reading the technicals and how it may look in future.

Also, share your views on NDTV.

Thanks
RInv
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