Traderji.com - Discussion forum for Stocks Commodities & Forex

New Intermed Uptrend!!

Discuss New Intermed Uptrend!! at the Position Trading Stocks within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by swingtrader Hindalco had hit new 52 wk high just 4 trading days ...


Go Back   Traderji.com - Discussion forum for Stocks Commodities & Forex > THE MARKETS > Equities > Stocks & Shares > Position Trading Stocks

Notices


Advertise Here

Reply
 
Thread Tools
Sponsored Links
  #621  
Old 13th September 2005, 10:12 PM
Moderator
 
Join Date: Jul 2004
Posts: 8,008
Thanks: 520
Thanked 8,778 Times in 1,635 Posts
Saint has a reputation beyond reputeSaint has a reputation beyond repute
Saint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond repute
Reputation: 8852
Default Re: hindalco:sell now?

Quote:
Originally Posted by swingtrader
Hindalco had hit new 52 wk high just 4 trading days ago and pulled back a little on decreasing volume. I don't see any reason why you should sell it. If it stabalizes here and breaks out again into new highs you could actually see much higher prices soon.

If you want to feel comfortable you can put a stop around 134, but I wouldn't advise you to sell it at this point. I say let it ride the nice trend it is on and just keep raising your stop level.

--SwingTrader
So totally agree with Swing Trader........For now,you are in the trade,The trend is up.Your stops are not hit.Raising the stops to 134 and trail stopping upwards is the only thing to do.Ride the trend as aptly put by Swing Trader.

Saint
Reply With Quote
Sponsored Links
  #622  
Old 13th September 2005, 10:21 PM
Moderator
 
Join Date: Jul 2004
Posts: 8,008
Thanks: 520
Thanked 8,778 Times in 1,635 Posts
Saint has a reputation beyond reputeSaint has a reputation beyond repute
Saint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond repute
Reputation: 8852
Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by caprice
Hello Saint..

Thank you very much for the timely guidance would not know what I would have done without you seniors..

I heard Ravi T is sick.. Hope he recovers soon...

Also I wanted to know is Andhra Sugar still on for 200 or should i not think of entering here..

perfectly obliged

Nishant
Hi Nishant,
Presume u r already in Andh Sugars.........great trade,my target is around 200.

Happy Trading

Saint
Reply With Quote
  #623  
Old 13th September 2005, 10:26 PM
Moderator
 
Join Date: Jul 2004
Posts: 8,008
Thanks: 520
Thanked 8,778 Times in 1,635 Posts
Saint has a reputation beyond reputeSaint has a reputation beyond repute
Saint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond repute
Reputation: 8852
Default Re: New Intermed Uptrend!!

Keep Alstom Projects on your radar...still in the middle of a p/b,but this area is holding.Not yet......but soon to be resumption of an uptrend.Shall keep posted.

Saint
Reply With Quote
  #624  
Old 13th September 2005, 10:32 PM
Moderator
 
Join Date: Jul 2004
Posts: 8,008
Thanks: 520
Thanked 8,778 Times in 1,635 Posts
Saint has a reputation beyond reputeSaint has a reputation beyond repute
Saint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond repute
Reputation: 8852
Default Re: New Intermed Uptrend!!

Also ABBOT INDIA ......looking good to resume its uptrend.On the radar only for now.We'll enter once there's a clear buy signal.

Happy Trading!!
Saint
Reply With Quote
  #625  
Old 14th September 2005, 01:40 AM
Moderator
 
Join Date: Jul 2005
Location: kuwait
Posts: 1,456
Blog Entries: 5
Thanks: 45
Thanked 549 Times in 102 Posts
karthikmarar is a name known to allkarthikmarar is a name known to allkarthikmarar is a name known to allkarthikmarar is a name known to allkarthikmarar is a name known to allkarthikmarar is a name known to all
Reputation: 629
Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by saint
Keep Alstom Projects on your radar...still in the middle of a p/b,but this area is holding.Not yet......but soon to be resumption of an uptrend.Shall keep posted.

Saint
Hi Saint

Just out of curiosity....I thought the trend was slightly down. Did you mean the 200 area is holding. It should face stiff resistance around 215..

But I do notice a slight bullish divergence in the MACD and ROC. Is it true ..or..am I having illusions.

Enclosing chart for reference.

regards

karthik

Last edited by karthikmarar; 20th May 2008 at 12:31 AM.
Reply With Quote
  #626  
Old 14th September 2005, 01:45 AM
Member
 
Join Date: Aug 2005
Posts: 18
Thanks: 0
Thanked 0 Times in 0 Posts
leo885 is on a distinguished road
Reputation: 20
Default Re: hindalco:sell now?

Thanx guys.
Reply With Quote
  #627  
Old 14th September 2005, 01:57 AM
Moderator
 
Join Date: Jul 2005
Location: kuwait
Posts: 1,456
Blog Entries: 5
Thanks: 45
Thanked 549 Times in 102 Posts
karthikmarar is a name known to allkarthikmarar is a name known to allkarthikmarar is a name known to allkarthikmarar is a name known to allkarthikmarar is a name known to allkarthikmarar is a name known to all
Reputation: 629
Default Re: New Intermed Uptrend!!

Hi Saint

It me again...to haunt you...

Is BILT breaking out of consolidation?.....Good volume and broke the resistance at 125...

If you have time also look at ESCORTS... moving up on good volumes. May resume uptrend if it breaks 117 ??

Is Abbot not quoted on NSE. I dont have the chart. Missing god oppurtunity to analyze and learn.

regards

Karthik
Reply With Quote
  #628  
Old 14th September 2005, 02:34 AM
Member
 
Join Date: Nov 2004
Posts: 94
Thanks: 0
Thanked 0 Times in 0 Posts
naga2054 is on a distinguished road
Reputation: 20
Default Re: New Intermed Uptrend!!

Also look at Mega corporation ( only BSE) Started an immediate uptrend.

Targets et. al. Seniors pls. help.

Thanks
Nagzu
Reply With Quote
  #629  
Old 14th September 2005, 10:05 AM
Member
 
Join Date: Mar 2005
Posts: 186
Thanks: 0
Thanked 0 Times in 0 Posts
alok is on a distinguished road
Reputation: 20
Default Re: New Intermed Uptrend!!

A question here for Sain Ji: I feel exide, preins (pricol), aarti industries and deccan goldmines are also forming an immediate uptrend....

However, I want to know some more about arvind remedies, indian acrylic, Praj industries and Birla VXL... I would appreciate if one can tell me about these counters.

Thanks.
Reply With Quote
  #630  
Old 14th September 2005, 11:11 AM
Moderator
 
Join Date: Jul 2004
Posts: 8,008
Thanks: 520
Thanked 8,778 Times in 1,635 Posts
Saint has a reputation beyond reputeSaint has a reputation beyond repute
Saint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond reputeSaint has a reputation beyond repute
Reputation: 8852
Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by karthikmarar
Hi Saint

Just out of curiosity....I thought the trend was slightly down. Did you mean the 200 area is holding. It should face stiff resistance around 215..

But I do notice a slight bullish divergence in the MACD and ROC. Is it true ..or..am I having illusions.

Enclosing chart for reference.

regards

karthik
Hi Karthik,
Sorry for the delay in answering.........No,not an illusion,also a bullish divergence on momentum indicator,if you use that.As for the trend,we have a stock that is making a neat pullback,matter of time before we see a resumption in uptrend.From the daily charts,we so far have lower highs and lows,but this sideways pattern last few days seems to be forming a higher pivot low.If we take out 215,and close the day above 215,that is confirmation.So what?What do we do about it right now?Well,that depends on your aggressiveness.You could either wait for confirmation,or take it here and add on confirmation.I am in,and will add on a close over 215.....but with a strict stop loss of 200.As always,If this is taken out,am no more interested in this for the time being.

Happy Trading!!
Saint
Reply With Quote
Sponsored Links

Reply

Bookmarks


Advertise Here


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads for: New Intermed Uptrend!!
Thread Thread Starter Forum Replies Last Post
Bank Stocks beginning NEW INTERMEDIATE UPTREND Traderji Position Trading Stocks 73 11th July 2005 09:33 AM
PSU Bank Stock Break out to begin new uptrend TATrader Current Affairs 1 26th February 2005 10:16 AM
New Intermediate Uptrend TradersEdge Position Trading Stocks 6 16th November 2004 02:26 PM
BPCL breaksout to begin new intermediate uptrend Traderji Stocks & Shares 5 11th November 2004 10:08 AM
NSE Nifty - New Intermediate Uptrend ?? Traderji Position Trading Stocks 11 11th August 2004 04:02 PM


All times are GMT +5.5. The time now is 02:40 PM.

Indemnity, Disclaimer & Disclosure Notice:
• By visiting Traderji.com you indicate your acceptance of our Forum Rules Disclaimer & Disclosure and indemnify Traderji.com, its associates and related parties of all claims howsoever resulting from the usage of the forum.
Disclaimer: Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility. Traderji.com will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information.
Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.
• All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy of information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. If you find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
 


Copyright © 2001 - 2008, Traderji.com All Rights Reserved.

Recommended Websites - www.TradersEdgeIndia.com - www.TradingPicks.com - www.MasterOfTrading.com