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| Discuss My Picks at the Swing Trading Stocks within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hi padiyara, I am not en expert but on the basis of my knowledge until ... |
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#31
4th September 2008, 12:50 AM
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Re: My Picks
Hi padiyara,
I am not en expert but on the basis of my knowledge until now which I learned I would like to post, seniors kindly guide me if I am wrong. PUNJLLOYD as it is in strong up trend and it had very good resistance at 300 and now it is trading on 310 or it may go sideways on this level, is it good time enter on this level or wait for few more days. 
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#32
11th September 2008, 07:40 AM
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Re: My Picks
Hi Balraj,
I know that your question is not addressed to me, even then I would like to give my opinion. It is not stock specific, punj lloyd in this case: When the markets have been trading in range for some time, the best idea is to watch the stocks that you want to enter in conjunction with the broader index. If the index is at the high point of the range and the stock looks a screaming buy, wait, watch if the index breaks out of the range. If the market breaks out then buy the stock and watch the trade mature. Otherwise just play the range wait for the NIFTY/BSE get to the lower levels of the range and pick up the stock you wanted to buy and watch the index rise. If you have done your homework right and chosen a stock which follows the direction of the market then you will make money. This stock may not be the one that you are looking to accumilate. The money that you make from these kind of trades can be siphoned off to the stock that you have a longer term view on. I realise there are 101 ways to make money. The above mentioned is what I prefer to increase my holdings and keep an inflow of money. Neo 
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#34
27th September 2008, 05:17 PM
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Re: My Picks
buy sel and hold u will enjoy the upmove
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#35
7th October 2008, 09:37 PM
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Re: My Picks
Hi all,
I would like to share for one stock which technical sounds good in uptrend. GLORY on NSE today it is closed at 145.90 as it showing good uptrend, stop loss can be 118 but i do not know how much % it will go up. Note: I am not en expert so before investing please check from the concerned persons, seniors please advise if am wrong. Regards balraj
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