MY GOLDEN QUOTE TO ALL TRADERS

TRADE WITH TREND
DON'T CHALLENGE THE MARKETS
RESPECT THE MARKETS
IT WILL ALWAYS GIVES YOU PROFITS IF YOU DO SO

CATCH ME

My photo
RAJESH.SALADI™ Call us @ 09573399376 Contact @ srknifty@yahoo.com in yahoo srknifty@gmail.com in gtalk srknifty in skype

GOLDEN TIP FOR BEGINNERS

WHEN A INDEX OR SCRIP OPEN ,LOW ARE SAME AND HIGHER THAN PREVIOUS CLOSE {REMEMBER MUST BE HIGHER THAN PREVIOUS CLOSE} , THEN DON'T SHORT THAT SCRIP WHERE AS IN OTHER WORDS , YOU CAN TRY LONG IN THAT COUNTER

&

WHEN A INDEX OR SCRIP OPEN,HIGH ARE SAME AND LOWER THAN PREVIOUS CLOSE {REMEMBER MUST BE LOWER THAN PREVIOUS CLOSE} THEN DON'T GO LONG IN THAT SCRIP WHERE AS IN OTHER WORDS , YOU CAN TRY SHORT IN THAT COUNTER

DISCLOSURE:- THIS IS MY PRACTICAL OBSERVATION IN MY TRADING JOURNEY AND I PUT THIS AS A THEORY FOR MY OWN TRADES , THIS IS NOT ANY ONE'S , OR NOT WRITTEN IN ANY TECHNICAL BOOKS
SOME COPY CATS COPYING THIS
TOTAL SENTENCE TO THEIR BLOGS OR WEBSITES

SO, IT IS YOUR RISK IF U DO ACTIONS ON THIS THEORY

Wednesday, October 14, 2009

How difficult is to pick one Gem from a bowl full of Gems and Precious stones



The big diwali week, 31 long calls where posted on 13th. Let us see how many performed and how well. Some free shares which gave amazing trading opportunities. Now these scripts are circuit friendly scripts, can I say a hat trick circuit for dewan housing? How many missed the bus @ 134 to 204.Like I always say Charts speak first news comes later. Am I wrong in the case of Dewan housing?

Please do not mistake the given high prices and yesterday s closing. To see the real trading opportunity is by using pivot points .It would have been beneficial in any scripts picked from this list. Every script was highlighted with one or the other pattern now using pivots in such conditions is smartness and timing the trade is sheer brilliance. Talking about circuits couple of scripts hit upper circuit today, are there any doubts left?? To name a few Genesys, aarvee denims and soon the list will continue. I agree one cannot trade in all the scripts below but picking one or two is not that difficult.

Look at sesagoa, went from 304 to 344, rallis, kotak bank & LITL giving good returns in intra day itself. Likely were some scripts which could have been short as well like Asian paints.
 Success is best defined by actions than words.

Script
Closing price on 12th
High
Aarvee denims & exports ltd
46.15
48.50
Asian paints
1548
1700
Astral
139.15
144
Bajaj electrical
770
816
Bank India
410.35
446
Canara bank
355.65
370.50
Ceat
164
166.50
Chemplast
12.65
13.10
Cromptan greaves
339.45
361.70
Datamatic
46
47.65
Era infra
180
188
Genesys
140.2
147.25
Indian hotel
79.9
83
IRB
249.95
258.70
ISMT ltd
51.25
54.20
Kirloskar oils
120.2
127
K L G Y systel ltd
296.5
309
Kotak bank
799.25
816.30
Lupin
1300.95
1305.2
Mahaseamless
330.55
337.25
Orbitcrop
254.95
267.70
Rallis
975.8
1008
Rel Infra
1358
1404.50
Tata sponge
258.95
263
Ttk prestige
295.65
311.80
Webel solar
361.1
374
SRF
191.8
192.45
LITL
521.5
547
Sesagoa
301.1
344.5













No comments:

Post a Comment