My Observation in few scrips

I was having a thread with some descent observations related to TA.

Could not find it now. So this new thread.

Shall post some charts here, when some interesting observatin will be noticed, it may be a pattern or a buy sell signal in systems or indicators.

Over smart people can ignore this thread as I am having very bitter experience in the past.

Whether my observations are prudent and can fetch some money from the market or not time will tell.

Aban is my first observation.

OOps what a volume surge.....

Current price is 612.

My target for Aban by two years 9000

I read your earlier thread where you have taken position in various stocks including Aban and I wanted to know how you chosen Aban because it has crossed limits by gaining +25% in last two days. Also is this the only reason or their are other points also that you had considered before taking position. and also I am new to TA

yes sir

Dev saab , do enlighten us what you found technically interesting about ABAN.

Thanks.

Kindly check my charts again and again......u will find the answer....


However......Its just about Volumes (Neglected essentials)

The above chart is of last 15 years..... price is 90% lesser than of its peak......and volume is life time high.....

Conclusion.........Smart money is showing interest....in this scrip

However Target is calculated with some other tricks

Dev saab;
Aban is already a break out.
Can you post a chart which is on fresh break out?
It will help us to study as well as enter the stock.

Does break down also if triggered by huge volume ; would be severe & prolonged?
Regards.

No wonders. Have a look at these smart Money inflow.

http://finance.guruji.com/finance?q=12&cat=s,BUDD

Bulk Deals Date Type Company Qty Price
15-May-09 Buy MATRIX EQUITRADE PVT. LTD. 195816 577
15-May-09 Buy CHANDARANA INTERMIDIARY BROKERS PVT LTD 222754 580
15-May-09 Buy OPG SECURITIES P LTD 1076979 585
15-May-09 Sell GENUINE STOCK BROKERS PVT. LTD. 307225 595
15-May-09 Sell EXCEL FINCOM 208905 591
15-May-09 Sell MATRIX EQUITRADE PVT. LTD. 195816 577
15-May-09 Buy GENUINE STOCK BROKERS PVT. LTD. 307225 595
15-May-09 Buy EXCEL FINCOM 208905 591
15-May-09 Buy RUSSELL INVST CO PLC THE PACIFIC BASIN EQUITY FUND LEGG MASO 350000 560
15-May-09 Sell CHANDARANA INTERMIDIARY BROKERS PVT LTD 222754 581
15-May-09 Sell OPG SECURITIES P LTD 1076979 586
15-May-09 Buy ADROIT FINANCIAL SERVICES PRIVATE LIMITED 263740 588
15-May-09 Buy C D INTEGRATED SERVICES LTD. 766102 593
15-May-09 Buy KALASH SHARES & SECURITIES PRIVATE LIMITED 384073 596
15-May-09 Buy PRB SECURITIES PRIVATE LTD. 371164 581
15-May-09 Buy GENUINE STOCK BROKERS PVT LTD 420049 598
15-May-09 Buy HARBUX SINGH SIDHU 306877 590
15-May-09 Buy MANIPUT INVESTMENTS PVT. LTD. 503074 596
15-May-09 Buy PARWATI CAPITAL MARKET PRIVATE LIMITED 225065 579
15-May-09 Buy RUSSELL INVST CO PLC THE PACIFIC BASIN EQUITY FUND LEGG MAS 965000 555


Now I think it will be the turn of dumb money. Am I right ? The retail investors will put in their stakes and be shaken off. And fresh buying comes in. I am new to trading and would like to know if getting the hang of it?

People might have laughed that day for the target of 9000.

Today itself Aban touched 1000

So can we enter at the CMP of 905?