Traderji.com - Discussion forum for Stocks Commodities & Forex

Stock Scanning techniques

Discuss Stock Scanning techniques at the Trading on Technicals within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by Agilent Srikanth I keep stocks for many months , and this is ...


Go Back   Traderji.com - Discussion forum for Stocks Commodities & Forex > METHODS & STRATEGIES > Technical Analysis > Trading on Technicals

Notices

Trading on Technicals Discuss Day Trading, Swing Trading & Position Trading methods and strategies here.


Advertise Here

Reply
 
Thread Tools
Sponsored Links
  #11  
Old 16th January 2007, 11:35 PM
Member
 
Join Date: Nov 2006
Posts: 1,419
Thanks: 5
Thanked 2 Times in 1 Post
Appreciation: 58
kkseal will become famous soon enough
Default Re: Stock Scanning techniques

Quote:
Originally Posted by Agilent View Post
Srikanth
I keep stocks for many months , and this is one of my scanning methods
http://www.traderji.com/36998-post5.html

Some will advocate a diametrically opposite technique ( buy 52 week lows !) but then ... one man's meat is another's poison

Good luck to them , and hope you are wise enough to formulate your own technique, without trying to ape any of us

Cheers

AGILENT
Hi Agilent,

Your technique of buying 52 Wk high breakouts is a good, robust one. It's one of the first techniques i used. Only later i realized that relying on this alone leaves me unsure of buying anything when mkts had made a deep intermediate correction & none of the stocks would hit 52 wk highs for months. So later on i expanded the definition of 'breakout'.

As for 52 wk lows, we were just discussing in a different thread about the soundness of buying undervalued stocks with 52 wk low as a boundary condition (not a necessary one for me) & i preferred sticking to the method that the thread starter sought to explore. To me it's the undervaluation that matters not 52 wk lows.

Regards,
Kalyan.
Reply With Quote
  #12  
Old 17th January 2007, 09:24 AM
Member
 
Join Date: Nov 2005
Posts: 831
Thanks: 0
Thanked 0 Times in 0 Posts
Appreciation: 20
Agilent is on a distinguished road
Default Re: Stock Scanning techniques

Quote:
Originally Posted by kkseal View Post
Hi Agilent,

Your technique of buying 52 Wk high breakouts is a good, robust one. It's one of the first techniques i used. Only later i realized that relying on this alone leaves me unsure of buying anything when mkts had made a deep intermediate correction & none of the stocks would hit 52 wk highs for
Regards,
Kalyan.

Agree, Kalyan

Look at this ..

BCC Fuba starrted appearing, barely 2 weeks ago, on the 52 week high 'radar', at around Rs 10 (that's when I got into it)
http://www.traderji.com/72075-post25.html

Its now > 25 ! and Upper circuit last 2 sessions ! (I sold at 22 ... very smug that it corrected to 18 the same day ..b4 rising again)

Wonder if anyone showed interest.

Like I said earlier, this technique is a pretty useful one ... even if it comes across as contrary to common sense (one member made fun of it saying 'yeah.. buy high and sell higher' ! ... is he reading ?)

AGILENT
Reply With Quote
  #13  
Old 17th January 2007, 12:31 PM
Member
 
Join Date: Nov 2006
Posts: 201
Thanks: 0
Thanked 0 Times in 0 Posts
Appreciation: 25
alpha1 is on a distinguished road
Default Re: Stock Scanning techniques

Your technique makes sense.

But one has to place intelligent stop loss and should be aware of market positions during teh trading hours.
Reply With Quote
  #14  
Old 17th January 2007, 01:26 PM
Member
 
Join Date: Nov 2005
Posts: 831
Thanks: 0
Thanked 0 Times in 0 Posts
Appreciation: 20
Agilent is on a distinguished road
Default Re: Stock Scanning techniques

Quote:
Originally Posted by alpha1 View Post
Your technique makes sense.

But one has to place intelligent stop loss and should be aware of market positions during teh trading hours.
Agreed ... but remember ... this is not a stock trading technique , it is a stock scanning one.

And my hit:miss ratio using this has been over 2:1 in recent years.

AGILENT
Reply With Quote
  #15  
Old 26th July 2007, 06:46 PM
Member
 
Join Date: Jul 2007
Posts: 4
Thanks: 0
Thanked 0 Times in 0 Posts
Appreciation: 20
subhash bhandari is on a distinguished road
Post Re: Stock Scanning techniques

dear all , this is my first post in tradeji.com. Here i will share my experience with all forum readers. I mostly rely on Vol . RSI and Candlesticks. Rsi analysis every one knows the buy and sell zones so i will only deal with volume indicator. One should keep a close watch on the vol. chart for at least one week if one has to buy a stock. heavy volume say for 4days in a week with bulish candles is good indicator that maket has intrest in that scrip. and opposite of this has a bearish implications. Time frame one can choose according to ones choice. Aslo one should has the knowledge of morning star , eve.star , resistance a large white / black candle offers. Break above or below these white / black candles with heavey volumes is 70% right and one should act accordingly.
Thanks and happy , prosperious trading.
Subhash Bhandari
Emial:- subu.bh@*****.com
Reply With Quote
Sponsored Links


Reply

Bookmarks


Advertise Here


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads for: Stock Scanning techniques
Thread Thread Starter Forum Replies Last Post
scanning for breakouts cmlee Software 9 23rd August 2007 07:58 PM
Problem with stock scanning software kedarvb Software 0 20th December 2006 02:09 PM
Background scanning of scripts SRJC MetaStock 7 22nd March 2006 09:54 AM
Scanning Stocks trader31339 Technical Analysis 22 21st March 2006 08:32 PM
ICICI Direct : You cannot trade on this stock:Please select another stock amitkr Brokers & Demat Matters 1 11th August 2005 11:49 PM


All times are GMT +5.5. The time now is 05:54 AM.

Indemnity, Disclaimer & Disclosure Notice:
• By visiting Traderji.com you indicate your acceptance of our Forum Rules Disclaimer & Disclosure and indemnify Traderji.com, its associates and related parties of all claims howsoever resulting from the usage of the forum.
Disclaimer: Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility. Traderji.com will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information.
Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.
• All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy of information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. If you find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
 


Copyright © 2001 - 2008, Traderji.com All Rights Reserved.

Recommended Websites - www.TradersEdgeIndia.com - www.TradingPicks.com - www.MasterOfTrading.com