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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; i bought satyam comp @ 438.when do i book my profit i read that its ...


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  #1111  
Old 26th October 2006, 12:07 PM
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Default Re: I can help you with stock chart reading

i bought satyam comp @ 438.when do i book my profit i read that its target is 470 to 480 and cmp is 426.what i mean to say is how much time wud it take
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  #1112  
Old 26th October 2006, 12:09 PM
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Default Re: I can help you with stock chart reading

do you guys have momentum shares tips???
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  #1113  
Old 26th October 2006, 03:23 PM
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Default Re: I can help you with stock chart reading

I'v been following ARVIND MILLS for some time and would like somebody to help me out. Just take out some time to go through the charts and just in case you notice any double bottom formation at around 65 levels.
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  #1114  
Old 26th October 2006, 07:06 PM
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Default Re: I can help you with stock chart reading

hi ngm23 ,
ARVIND MILLS had been the underperformer even in the last rally,. Similarly it couldnt hold its pants up n run in this rally too. So i would definately not enter into such underperformer. As far as double bottom is concern ,.. ya it seems like that but it can only be confirmed if it crosses 72 with good volume. But i dont think so this is goin to happen ,.. wait for few days... It might slip down too.
This is my personal opinion. I would definately like to here comments from seniors.
Regards,..
Darsh
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  #1115  
Old 26th October 2006, 07:33 PM
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Default Re: I can help you with stock chart reading

Hey VRV,..

Once again sorry to say but I think RELIANCE CAPITAL LTD. getting down n down ... Even RSi also doesnt indicate the trend ,.. 550 seems to a support. So shall i short it if breaks 550.

Plz comment.

Thanx in adavance
REgards,..
Darsh
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  #1116  
Old 27th October 2006, 06:09 AM
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Default Re: I can help you with stock chart reading

Satyam
-- What is the profit target. That depends on how you trade. You can make it fixed like 15% and come out. Me, just trail the stop giving 2 * ATR leeway. If it hits, I get out. If it goes up, move the stop up.

Arvind Mills
-- Somehow it is not able to go above 72. There is support at 65. Again, it depends on how you trade. It also depends on how much money you have. If you have lots of it, why bother about this stock. Keep the stop. Move on to another stock. If you don't have lot of capital. Move on to momentum stock.

Quote:
Originally Posted by darsh_goswami View Post
Hey VRV,..

Once again sorry to say but I think RELIANCE CAPITAL LTD. getting down n down ... Even RSi also doesnt indicate the trend ,.. 550 seems to a support. So shall i short it if breaks 550.

Plz comment.

Thanx in adavance
REgards,..
Darsh
Its already been down 5 days. Are you going to short (sell) it now. To whom? Wait for at least some upticks to short. Look at some oscillator, Williams or Slow Stocastic for overbought/oversold conditions.
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  #1117  
Old 28th October 2006, 09:54 AM
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Default Re: I can help you with stock chart reading

Hey VRV,.. Thanx for advise ,.. though i was not going to short REL CAP till it breaks 550 with vols,.
But do let me know if there is any good short call occurs in futures,... Coz i love go short rather then going long ,.. LOL,..
Plz be kind enough to check stocks & shares section ,.. there i put the thread named Dabur - TP 170. Chart is attached ,.. ur comments over it Seniors ,...

Thnx again ,..
Regards ,.
Darsh
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  #1118  
Old 28th October 2006, 08:12 PM
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Default Re: I can help you with stock chart reading

Quote:
Originally Posted by darsh_goswami View Post
Hey VRV,.. Thanx for advise ,.. though i was not going to short REL CAP till it breaks 550 with vols,.
But do let me know if there is any good short call occurs in futures,... Coz i love go short rather then going long ,.. LOL,..
Plz be kind enough to check stocks & shares section ,.. there i put the thread named Dabur - TP 170. Chart is attached ,.. ur comments over it Seniors ,...

Thnx again ,..
Regards ,.
Darsh
I am not exited about Dabur for long. Its been dead all this time. Lets see next week whether it gets traction and moves up.
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  #1119  
Old 31st October 2006, 06:20 PM
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Default Re: I can help you with stock chart reading

re you post on Exide....

Dear VV

could you let me know your views as of now. it has not moved since you recommended it.....

regards

Dhiren
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  #1120  
Old 31st October 2006, 09:25 PM
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Default Re: I can help you with stock chart reading

Can anyone tell me what is about IPCL. Someone says its result was ordinary and can go down to 250
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