Stocks To Keep A Close Eye On

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SavantGarde

Well-Known Member
Hi Doc,

Ok, Do One Thing Start Overlay The 15 Min. Chart With ZigZag (I Believe It Is Available In AmiBroker Along With The SMAs & BBs

Anyways Thursday Should Have Been A Good Learning Day.

Will Explain Rest Of Your Queries Later.

'JAI BABA'


Happy & Safer Trading

SavantGarde

Hello Captain!!!

First I Must Thank You For Thread "Bollinger Band." Simply It's 'Excellent':). Last Two Days Of Intraday Trading Were Not Very Pleasant To Me. I Was Amazed, Inspite Of Having Good System 'Why I'm Not Able To Milk The Market'. I See That I Made Mistakes In Your Words 'Demons'. I Got Some Of The Answers In 'BB' Thread. I Read That You Use BB As Secondary Indicator, Which Can Also Be Used For Entry/Exit (This Part Awaiting). I'm Following Along There To Learn More From You.

But The Most Important Thing SMA Crossovers, "How To Trade With It?" This Might Be Fullish Question. Let Me Explain My Difficulties. When I See Either Side Crossover On 10/15 TF And Wait For Confirmation From 30/60, My Entry Is Late, And I See Crossover Is Against Me With Either Little Profit Or Little Loss. I'm Trapped In Late Entry, Late Exit, Multiple Crossovers.

Since These Quries Are For Intraday, I Should Not Be Posting Them Here. Waiting For Your Intraday Thread........

BTW Mails Are Bouncing From Your ID, Mobile Switch Off. :confused:

Thanks.
 

SavantGarde

Well-Known Member
Hi Dj,

Welcome Back !!!

I Had Written In Some Thread That Market Will Move Up More Than Expected

Not Madness DJ....Watch There Is Much More Steam To This.

By The Way Market Is Always A`'Leading Indicator'

Think About It, What More Bad News Can Be Expected,

a) Can't Be Results Cause Even If They Are Bad, Smart Money Knows Following Quarters Can Only get Better.

b) Election Results....Hmmmm....Just Hype & Speculation, Whoever Comes To Power, Market Will Still Rally

c) We Have Not Really Had A Running Correction To Rest, Except On Intraday Basis Which Was Quickly Bought Into.

d) A Little Rest Should Be Bought Into & Should Prove To Be Very Healthy For Even Bigger Upmove

e) I Think In The Coming Week Market Should Rest For A Couple Of Days

Anyways Good To See You Back & Looks Like You Did Very Well With Your Exams.....:)


Happy & Safer Trading

SavantGarde
Hi
My exams over and holiday @ home also ended. I'm back to work again. I could not follow this thread (followed the market though) for these many days. Read all the posts today, however, which I missed.

What I'm seeing in the market is madness. Why the hell on earth, is it not showing any retracement? Day after day it's rising. I don't understand what is this. This thursday I closed all my open positions. I simply didn't like the sign. I'll now stay away from fresh buying until it comes down.

Savant, how are you doing with FX? :)

Regards
djsinha
 
Re: Stocks To Keep A Close Eye On 9th Apr 2009

Hello Sir
as u mention I manage forex software and trying ur indicator and tracking on that hope it will helpful for me and other member:)
 

docvijay4u

Well-Known Member
Umm... Thursday Whatever I Remember Is Selling Pressure All Over, Market Green > Red > Green > Red....., Not Going Up Not Going Down, Lot Of Confusion Confusion......:D

Ok I Tried ZigZag Indicator In Ami ( Settings: Price Field- Average, % Change- 5 ). I Got Brown Line Showing Downward Direction.

Thanks.



Hi Doc,

Ok, Do One Thing Start Overlay The 15 Min. Chart With ZigZag (I Believe It Is Available In AmiBroker Along With The SMAs & BBs

Anyways Thursday Should Have Been A Good Learning Day.

Will Explain Rest Of Your Queries Later.

'JAI BABA'


Happy & Safer Trading

SavantGarde
 

docvijay4u

Well-Known Member
First I Made A List Of Few Stocks Like RNRL, RPL, HDIL, NAGCONS, CHAMBALFER, BALRAMPURCH, RENUKA SUGAR. During First Session I See That They Are Not Moving Much, SMA's In Different TimeFrame Are Not Giving Me Indication To Go Long Or Go Short. At The End Of First Session I See That After GapUp Opening, It Was Possible For Me To Go Short On Most Of The Stock. But It Was Too Late Now. So I Picked Up BUY Trigger Signal From 8'th April EOD Data. I Was So Amazed That Most Of Them Did So Well, Inspite Of Market Instability.

So Here Is My Trading Summary In Second Session:

a. Then I Shorted VideoInd. Reason Entry- WRB Piercing Upper BB. But Within Few Seconds I Saw It's Near Upper Circuit. I Covered Short When It Was 19.92% Up. Reason Exit- Due To Auction Fear . Soon It Hitted Upper Circuit. I Think This Is Exception To Rule. One More Exceptional Trade Ahh... :D

b. After That I Shorted Bhel. Reason Entry- I See That 6SMA Crossing Over 5SMA(10 Min), I Looked At Upper TF Confirmation Was There I Went Short. Again I See Things Are Going Against Me. Reason Exit- I Waited For Bullish Crossover But This Time I Was Smart I Didn't Waited For Confirmation From Upper TF. :DHere I Forget About Lower BB, Actually I Came To Know ThereAfter In BB Thread.

Thanks.





Doc,

Which Stocks Did You Choose For Trading Yesterday

'JAI BABA'


SavantGarde
 
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SavantGarde

Well-Known Member
Hi Doc,

Hmmmm....You Have Knack Of Pcking Up Operator Stocks, Stay With Frontline & Select Some From Medium Large Cap.

Also, Through Your Scan If You See Any Golden Entries, Then Just BUY & Stay Put For The Day & If Starts Moving In Your Favour Then Trail It Till The End.

Will Call You Monday Morning Before The Market Starts.

'JAI BABA'


SavantGarde

First I Made A List Of Few Stocks Like RNRL, RPL, HDIL, NAGCONS, CHAMBALFER, BALRAMPURCH, RENUKA SUGAR. During First Session I See That They Are Not Moving Much, SMA's In Different TimeFrame Are Not Giving Me Indication To Go Long Or Go Short. At The End Of First Session I See That After GapUp Opening, It Was Possible For Me To Go Short On Most Of The Stock. But It Was Too Late Now. So I Picked Up BUY Trigger Signal From 8'th April EOD Data. I Was So Amazed That Most Of Them Did So Well, Inspite Of Market Instability.

So Here Is My Trading Summary In Second Session:

a. Then I Shorted VideoInd. Reason- WRB Piercing Upper BB. But Within Few Seconds I Saw It's Near Upper Circuit. I Covered Short When It Was 19.92% Up( Due To Auction Fear ). Soon It Hitted Upper Circuit. I Think This Is Exception To Rule. On More Exceptional Trade Ahh... :D

b. After That I See That 6SMA Crossing Over 5SMA(10 Min), I Looked At Upper TF Confirmation Was There I Went Short. Again I See Things Are Going Against Me But I Waited For Bullish Crossover But This Time I Was Smart I Didn't Waited For Confirmation From Upper TF. :DHere I Forget About Lower BB, Actually I Came To Know ThereAfter In BB Thread.

Thanks.



 

docvijay4u

Well-Known Member
Oh... VideoInd Operator Based Stock? I Guess Bhel Can't Be Among Them.
Anyway Everything Will Be Fine Over The Period Of Time. Next Time I'll Stick To Your Suggestions and Yes I'll Be Waiting For Your Call.

Thanks.:)

Hi Doc,

Hmmmm....You Have Knack Of Pcking Up Operator Stocks, Stay With Frontline & Select Some From Medium Large Cap.

Also, Through Your Scan If You See Any Golden Entries, Then Just BUY & Stay Put For The Day & If Starts Moving In Your Favour Then Trail It Till The End.

Will Call You Monday Morning Before The Market Starts.

'JAI BABA'


SavantGarde
 

columbus

Well-Known Member
List of dozen PENNY stocks based on volumes on last trading day were:

Code:
ISPATIND    13.60
FSL         17.95
SUVEN       17.05
ALOKTEXT    13.95
BALLARPUR   16.85
ACE         16.90
WWIL        14.15
ELECTCAST   17.95
BINDALAGR   13.00
AFTEK       10.30
ARVIND      15.55
PRAENG      17.85
 
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SavantGarde

Well-Known Member
Doc,

VIDEOCONIND - Check The Daily Volume In The Last 6 Months, Not Much
Just That You A Golden Entry Point Some Days Back & Has Shot Up Since Then, For Such Stocks Catch The Golden Entry & Stay With Trailing S/L

BHEL - Can Move Up & Down Almost 80-90 Bucks In A Day Therefore Being Aware Of The Range Play According To Your Risk Appetite, It Is More A MF, FII & HNI Stock.

For Now Good Trading Stocks You Will Find Are RNRL, FINANTECH, NAGARCONST, NAGARFERT, CHAMBLFERT, IFCI, RPL, RELIANCE, RELCAPITAL, RCOM, DCB, FEDERALBANK, HCC, PUNJLLOYD, ADLABSFILM, ROLTA, INDIABULLSEC & IBREAL,There Are More Can't Remember Offhand.

Just Remember Volumes Must Be Very High Atleast In Excess Of 50 Lakh

'JAI BABA'


SavantGarde

Oh... VideoInd Operator Based Stock? I Guess Bhel Can't Be Among Them.
Anyway Everything Will Be Fine Over The Period Of Time. Next Time I'll Stick To Your Suggestions and Yes I'll Be Waiting For Your Call.

Thanks.:)
 
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