Nifty trend

Should we buy this stock

Hi Kindman,

I am new to chart analysis, Can you say how good is this buy opportunity?
There seems to be a good bullish divergence at the right edge.
Only concern with this trade is the volumes. Not much liquidity!
By the way I am just paper trading and not yet started trading with real money.
 
Last edited:

columbus

Well-Known Member
Since last 2 or 3 months it was Range-bound with poor volumes,
better review after few days,till then wait for opportunity.
 

kindman

Well-Known Member
20/DEC/2010 NIFTY TREND /GLOBAL TREND
-------------------------------------------
OPEN POSITIONS
1>OFSS @2090 RISK RELEASED RISK= 1/4R
2>SYNDICATE BANK @122 RISK =1R

NEW ENTRY SOON...... SEE YOU LATERr....
 

kindman

Well-Known Member
MY SMALL ADVICE TO FRINRDSs
KOREAN WAR NEWS IS GOING ON ....

NOW ITS TIME TO THINK HOW TO MAKE BENEFIT FROM THIS NEWS....
IF WAR STARTS SUDDEN ...THEN WE WONT GET MUCH TIME TO ACT....
BEFORE WAR WE HAVE TO DO SOMETHING ...
I WELCOME OF YOUR IDEAS...
 

kindman

Well-Known Member
NIFTY TREND/ GLOBAL TREND SHORT TERM TRADESs
---------------------------------------------------
22/12/2010
HI FRIENDS ONCE AGAIN GOOD EVENING....

OPEN POSITIONS R= INITIAL RISK
-------------------
1.OFSS BUY PRICE =2090... CMP 2290... NEW RISK 1/4 R
2.SYNDICATE BANK BUY PRICE= 122 CMP 129 TODAY RISK RELEASED.. NEW RISK =1/4R

TWO OPEN POSITIONS .... TOTAL RISK =1/4R+1/4R = 1/2R

2.5 R IS WAITING FOR NEW ENTRY
SEE YOU GOOD LUCK
 

Similar threads