New Intermed Uptrend!!

avinash · #**2571** 22nd March 2006, 06:49 PM

Hi Saint!

Where should the stop of Aban Lloyd's be?

Thanks and regards,

Avinash

adamke · #**2572** 22nd March 2006, 07:01 PM

Hi Saint

Please tell me the meaning of "lower pivot high and low"

Saint · #**2573** 22nd March 2006, 07:10 PM

Quote:

Originally Posted by avinash

Hi Saint!

Where should the stop of Aban Lloyd's be?

Thanks and regards,

Avinash

We have had a 100% rise in ABAN.Basically ,my stops at 1100.Why 1100?Just took that last Wide Range Bar and putting my stop at the half way mark of that bar,roughly 1100.

Not going to be a pig over this.Quite satisfied with the 100%.If 1100 triggerred,I am out.May reenter at a later date.

Saint

Saint · #**2574** 22nd March 2006, 07:15 PM

Quote:

Originally Posted by ramtrade
Hi Saint,

I need your views on Teledata Informatics, PNB,Corp Bank & Aravali Securities

Thanks
Ramesh

Hi Ramesh,

Okay now for the rest......

PNB:Still sideways,no clear pattern,wait and watch.

CORP BK:400 is the area to cross for this stk and with conviction.Needs a relook if that happens.Watchlist for now.

Happy Trading!
Saint

adamke · #**2575** 22nd March 2006, 07:19 PM

Hi Saint

Please tell me meaning of "Lower Pivot Highs and Lows"

Saint · #**2576** 22nd March 2006, 08:27 PM

Quote:

Originally Posted by ssnkumar
Hello Saint,

Can you please let me know your views on these stocks (My entry price is in parenthesis):

1. Titan Inds. (Rs. 859)
2. Valecha (Rs. 341)
3. Hinduja TMT (Rs. 448)
4. Suryalakshmi Cotton (Rs. 214)

Please tell me whether these are good to hold or sell?

Regards,
Narendra

Hi Narendra,

VALECHA :Looking very good here,Narendra.Definite HOLD.May just join you in this one as well.

HINDUJA TMT :Nice,so far so good.Raise your stops to 408.That's it....

SURYALAKSHMI COTTON :Keep stops at 193.If hit,get out.....basically,if this area holds,still looking great to go back to its highs.For now,a HOLD with a stop loss of 193.

TITAN :So far looking bullish,but things may not look that good if it takes out 815 and goes lower.

All the best!!Some nice ones there for my watchlist,Thx Narendra!

Saint

Saint · #**2577** 22nd March 2006, 08:32 PM

Quote:

Originally Posted by adamke

Hi Saint

Please tell me meaning of "Lower Pivot Highs and Lows"

Hi Adam,

Before getting into something,just curious.Do you have charts for Indian stocks End of Day?

Saint

ramtrade · #**2578** 23rd March 2006, 01:43 AM

Quote:

Originally Posted by Saint

Hi Ramesh,

Okay now for the rest......

PNB:Still sideways,no clear pattern,wait and watch.

CORP BK:400 is the area to cross for this stk and with conviction.Needs a relook if that happens.Watchlist for now.

Happy Trading!
Saint

Thanks for the inputs Saint. These days i hear lot of pecissism about the markets that there is going to be a correction of couple of thousands points if not more than that. Reason being, though the sensex has been going up and up.....since january the Advance to Decline ration has been on downhill course and this is not a good sign for the market.
What are your views on this saint...?

Thanks
Ramesh

manugoyal · #**2579** 23rd March 2006, 02:54 AM

Quote:

Originally Posted by ilabindia

For quality NSE India Daily Historical Quotes Downloader in Metastock format.
goto www.islindia.com.
software will work as one click auto update.
no more manual work required.
www.islindia.com

Thanks for the website info.

regards
m

misty · #**2580** 23rd March 2006, 09:53 AM

Quote:

Originally Posted by Saint

Hi Misty,

You bought it at 88,and now at 48!!!!!!!!!!!!!!!!!!!!Even if it was a fundamental buy,thought even they had some stop at a 10-15% loss.

Few things:
1)Your friend needs a thrashing for saying so,he is either a prankster or blind.
---nothing good on this chart whatsoever.From downtrend to sideways,doesn't mean it has to go up......

2)Maximum pain you should have taken is till 64,but now at 48??!!That's like a loss of 46%

Misty,think that you need to stop trading a while and draw up a strategy.You need to know what are the kind of plays that you'd like to enter.You MUST have a stop put in BEFORE the trade.You must know how to share size properly.Education first,making money later........

You must have a strategy of attack before you get into battle....there's a famous saying"Don't come to a gunfight armed only with a knife."

So,time to draw up strategies,time for choosing weapons of choice,time for formulating plan B's,time to work the battle out in your mind.........not the time for battle yet!

Please do not misunderstand anything I say..........meant only to help.Hope you take it the right way!!

Saint

rightly said saint i dont trade on technicals bcose i dont understand them.i only invest in funda analysis that i myself do.so if a counter starts showing bad results i get out not caring abt the losses.the problem with this counter was that i bought it in very small qty and bought it in a trading account which i dont generally trade in.so i forgot all abt it.suddenly few days bfore when i saw my dp account i saw this mess.anyway thanks for replying i will book losses.you said it right trading is not for me.i only understand fundas of fundamental analysis.i shud stick to that

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