24-Jul-2006 MACD-Positive CrossOvers

#1
Can anyone please suggest for the following indicators:

MACD-Positive CrossOver
BANKBARODA - Close 201.95 - Target 238?
IMPAL - Close 201.30 - Target 235?

Stocks on Up trend
SBIN - Close 740 - Target 840?
ORIENTBANK - Close 161.85 - Target 205?

Can anyone suggest if positions can be taken in the above mentioned?
 

shrinivas

Well-Known Member
#7
jaykiru said:
Hi ping ,
Bob Buy above 204.25 & Sbi buy above 748
Jay
I entered SBI at 692...exitted above 740.....be careful, this is showing lot of moments..i do not see it crossing 800 in near future.........

strong resistence at around 702..so a buy only at 710-720 range..that too if it shows stability at those levels..hold now, one will get it lower from today's rates..

all the best

ganeshhity
 
#9
aad said:
how to arrive at such conclusions (How to fish...)...

AAD

AAD, I'll tell you what I do.

I calculate the "Speed Of Trend" (SOT) of the stock while in a trend, in %.

Once I have the SOT, I calculate the future RSI of the Stock, based on the current SOT.

If the stock is on a UP trend, my system tells me as to given the current SOT, on what date and at what rate the stock will become OverBought on RSI (70). ViceVersa on DOWN trend (Oversold-RSI below 30).

The SOT is a rought estimates and will change with the actual movement of the stock.

It works more like the charts, only that with this calculation I get a future prediction. If the data was put up in a chart it would become some kind of a Oscillator! ;)

Others may be doing it in some other way, but since they dont share, I derieved my own formula!

Cheers.
 

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