Help each other..post u r stocks along with charts..

kindman

Well-Known Member
#37
Jan 16 /2009 friday

4 stocks looks bullish in my view

1) oil stocks bpcl, hpcl
2)sugar stocks triveni,renuka

refer ur own charts

entry = last days high + ticks
initial sl = 2%

dont chase the trade

trailing sl = lastbars low -ticks

see you
 
#38
Can some one plz help me...as today when I followed STOCH and RSI for to trade in NIFTY Fut I got trapped in short as STOCH chart crossed above 80 but it never come down below 20 through.
Any in such retrenchment day what chart to follow to do day trade.
 
#39
hi sumitro

hi,
stochastics wont work when the market is trending....rather than just luking for the overbought and oversold levels,luk for divergences in stochastics and rsi....It is advisable to use 5 min chart for intraday trading....
once you are familiar in intraday,u can experiment with different time frames..
for any help feel free to call 9349744822

best of luck

vsangeeth
 

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