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| Discuss I can help you with stock chart reading at the Position Trading Stocks within the Traderji.com - Discussion forum for Stocks Commodities & Forex; As I said in earlier replies, you can't define cheap in stock prices. Wait for ... |
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#121
15th April 2006, 06:15 AM
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Re: I can help you with stock chart reading
As I said in earlier replies, you can't define cheap in stock prices. Wait for the market to become better. We will have lot of entries. Wait!!. Waiting is the most importing part of trading in stocks. You have to wait like cheetah waits for its prey. It doesn't pounce until it is certain. We have to do the same.
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#123
15th April 2006, 03:51 PM
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Re: I can help you with stock chart reading
WIPRO
--- Picture speaks thousand words. Wait till we see better picture. If you are already in and not stopped out, I will give it a chance till 485. I have some more charts based on Vijays request. Last edited by vvonteru; 15th April 2006 at 04:21 PM.
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#125
15th April 2006, 09:23 PM
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Re: I can help you with stock chart reading
Hi vvonteru
a great job indeed! I have started indulging in the stock market only for a year. It was all the hit and trial after learning from various sites online. I started as trading virtually onlline as well as playing with very little money as school fee. Fortunately didn't loose my money but my most of the profits had gone as commissions. I read your thread last week and first lesson learnt. Immediately sold 50% of my stocks and booked the profit. Thereafter my most of the stocks were sold on stoploss in last few days. Only left with Reliance bought @783 sold 50% @832.5 Today read your complete thread and learnt many lessons. Based on that I have chosen Jindal stainless steel to enter. I have also placed orders to limit purchase Ultracemco @ 712 BataIndia @ 222 Kindly comment. warm regards geeta
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#126
15th April 2006, 09:26 PM
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Re: I can help you with stock chart reading
[quote=gracec]Hi vvonteru
a great job indeed! I have started indulging in the stock market only for a year. It was all the hit and trial after learning from various sites online. I started as trading virtually onlline as well as playing with very little money as school fee. Fortunately didn't loose my money but my most of the profits had gone as commissions. I read your thread last week and first lesson learnt. Immediately sold 50% of my stocks and booked the profit. Thereafter my most of the stocks were sold on stoploss in last few days. Only left with Reliance bought @783 sold 50% @832.5 Today read your complete thread and learnt many lessons. Based on that I have chosen Jindal stainless steel to enter. I have also placed orders to limit purchase Ultracemco @ 712 BataIndia @ 222 Kindly comment. warm regards geeta
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#127
15th April 2006, 10:05 PM
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Re: I can help you with stock chart reading
Quote:
I am ganesh from baroda. happy to see ur posts. I would like to contact you through email..I am also a swing trader but i dunno how to analyse stocks.So i am relying on people who give tips.If u can help me in analysing a stock by myself i will be very grateful to u.I am an engineer and have good analytical skills.And i can grasp things very easily..I am looking forward for ur reply...can i have ur email id please... My id is vsuganesh@yahoo.com just send an email if u dunwant to reveal ur mail id in the forum.. Thank You. Regards., Ganesh.
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#128
16th April 2006, 02:56 AM
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Re: I can help you with stock chart reading
Only left with Reliance bought @783
sold 50% @832.5 --- Excellent. Follow on every trade. The key is repeating a theme that U have chosen. Today read your complete thread and learnt many lessons. Based on that I have chosen Jindal stainless steel to enter. I have also placed orders to limit purchase Ultracemco @ 712 BataIndia @ 222 --- Please. I have said in most of my recent replies to look at the MARKET (NIFTY/SENSEX). They are falling as rocks right now. Wait for them to improve. If not, you will be catching a falling knife. Do not make new entries. We will have lot of opportunities Last edited by vvonteru; 24th April 2006 at 11:27 PM.
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#129
16th April 2006, 11:11 AM
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Re: I can help you with stock chart reading
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Ok, as all my postions are closed, and as i don't want to short this market. I wait till 3200, start looking for picks and make the positions by 3100-3070, i.e if i get the prices. At this level what will be the stop loss?, on Nifty or Sensex. Quote:
Thanks and Regards Sanjay Mehta
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#130
16th April 2006, 11:36 AM
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Re: I can help you with stock chart reading
Quote:
This is a Gr8 post on day-trading. Yahoo Finance charts has a facility for 5 days charts. They use 5 min timeframe for the candle/tick. But sadly we may not able to use it for real time trading, because some times, charts on yahoo finance have a time lag of 5 to 20/30 mins. But if some one wants to use it to hone their skills, or maybe try it for paper trading, yahoo charts can be helpful as they are available for free. Regards Sanjay Last edited by SGM; 16th April 2006 at 11:57 AM.
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