Stocks To Keep A Close Eye On

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Goofy

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Why you think what you posted should be called Price Action Trading... just because it is Printed... they are idiots... who follow charts & indicators
& still call it Price Action Trading


SavantGarde
I see your point, Mr SG

The other day I was going through old posts at Mr. Raunak Aggarwal's thread.
Mr. DanPickUp was in Switzerland at that time, as I read. There was a debate going on between one Mr. Jagan, who was adamant that TA and charts etc. were not science but an art form. On the other side, Mr. Gangadharan, said that it is science but how to interpret it, is an art.

And I laughed inside at this. Because, it was like saying Theory of Relativity is science to Einstein but for the rest of the world to understand, it has to transform into art.

I think - unlike the way we are wont to compromise everytime in a debate - the truth is not between the two arguments. It is beyond both of them.

Some people swear by the charts, as Mr. Rajput does. Some people think it as jargon. I believe one should be comfortable with the fact that works for him - that is, to get more money out of his trades.
 

Goofy

Well-Known Member
Hi Friends

Hope everybody had a good profit day till tomorrow morning lets play this guess game..

All we know our chairman Age..

Its time for to guess our Dean Age its none othan our Goofy Brother


Hope u wont mind it ji..

My guess 40 to 45...

Keep guessing...
Just a hint to help you guessing:

Women still smile at me, and give me those ooo-la-la! glances that only women can!
:cool:
 

rajputz

Well-Known Member
Some people swear by the charts, as Mr. Rajput does. Some people think it as jargon. I believe one should be comfortable with the fact that works for him - that is, to get more money out of his trades.
That's true goofy. But i think, as my signature shows, that market learning is a stage of perpetual beta. Always exceeding, and never ending. A continuing journey. Like we have only collected drop from the sea. It happens with everyone.

We always do what is profitable to us. To me they are charts, To Savant sir it is price action alone, but no body else other then the user knows the journey towards that particular method, reasoning behind it, how he reached there, and to where it is leading him.

Some believe charts are useless, some say fundamentals are useless, and some say both technical and fundamentals are useless and only winner is buy and hold strategy. So ultimate who wins? IMO - UNDERSTANDING over the particular method one works. I am working on my method and slowly shifting or learning some thing else. Sometimes i don't take trades based on my system and yet they are profitable. It means i am flowing to something new, and retaining what i have already learn't. Same may be the case with Savant sir, He may be learning or drifting to some thing new.

In actual every body is learning and shifting to some thing new. For the checking, just think when we start trading, how many methods did we try just to get profitable, until and unless we find some real working hatch. Then we improve it, improve it more till the last drop.

I hope you get my point.
 

talisman

Well-Known Member
Very Well Said Mr. Rajputz.

Silent Appreciation for You.

That's true goofy. But i think, as my signature shows, that market learning is a stage of perpetual beta. Always exceeding, and never ending. A continuing journey. Like we have only collected drop from the sea. It happens with everyone.

We always do what is profitable to us. To me they are charts, To Savant sir it is price action alone, but no body else other then the user knows the journey towards that particular method, reasoning behind it, how he reached there, and to where it is leading him.

Some believe charts are useless, some say fundamentals are useless, and some say both technical and fundamentals are useless and only winner is buy and hold strategy. So ultimate who wins? IMO - UNDERSTANDING over the particular method one works. I am working on my method and slowly shifting or learning some thing else. Sometimes i don't take trades based on my system and yet they are profitable. It means i am flowing to something new, and retaining what i have already learn't. Same may be the case with Savant sir, He may be learning or drifting to some thing new.

In actual every body is learning and shifting to some thing new. For the checking, just think when we start trading, how many methods did we try just to get profitable, until and unless we find some real working hatch. Then we improve it, improve it more till the last drop.

I hope you get my point.
 

NANDAMAD

Well-Known Member
DEAR SG,

NANDA HERE,

i HAD REQUESTED YOUR VIEW ON IT INDEX WHICH I SHORTED 6675 AND STILL HOLDING. ON 3RD DEC I WILL BE AT HOME AND WILL FOLLOW YOU
HERE. 3RD DEC IS ST XAVIERS FEAST IN GOA AND IS A PUBLIC HOLIDAY, PLEASE ADVISE. i HAVE 50 K TO INVEST/TRADE. BUT THE CRUX IS
NOW THE IT INDEX OF DEC EXPIRY. OFCOURSE THERE IS TIME. BUT
STILL NEED YOUR ABHAYA HASTA.

NANDA
 

Goofy

Well-Known Member
That's true goofy. But i think, as my signature shows, that market learning is a stage of perpetual beta. Always exceeding, and never ending. A continuing journey. Like we have only collected drop from the sea. It happens with everyone.

We always do what is profitable to us. To me they are charts, To Savant sir it is price action alone, but no body else other then the user knows the journey towards that particular method, reasoning behind it, how he reached there, and to where it is leading him.

Some believe charts are useless, some say fundamentals are useless, and some say both technical and fundamentals are useless and only winner is buy and hold strategy. So ultimate who wins? IMO - UNDERSTANDING over the particular method one works. I am working on my method and slowly shifting or learning some thing else. Sometimes i don't take trades based on my system and yet they are profitable. It means i am flowing to something new, and retaining what i have already learn't. Same may be the case with Savant sir, He may be learning or drifting to some thing new.

In actual every body is learning and shifting to some thing new. For the checking, just think when we start trading, how many methods did we try just to get profitable, until and unless we find some real working hatch. Then we improve it, improve it more till the last drop.

I hope you get my point.
I do get it, Mr. Rajput

Last night I was talking to my brother (who gets sick when share prices go down, despite years in the market!). He said: It is luck.

And God knows I wanted to tell him that it wasn't so. But I kept mum. Let his 'system' work for him.

And, please, if I may say so, keep us abreast of your fine thoughts. I always look forward to your philosophical interpretation of the market.

Thanks
 

talisman

Well-Known Member
May be of some relevance...

Govt to pump Rs 9750 cr in 9 PSU banks

The government has approved additional grant of Rs 9750 crore for recapitalisation of nine PSU banks, reports CNBC-TV18.

Out of the total, highest amount of capital will be pumped in Bank of Baroda (Rs 3500 crore). Others include Andhra Bank (Rs 1210 crore), UBI (Rs 1150 crore), Oriental Bank of Commerce (Rs 1900 crore), Allahabad Bank (Rs 670 crore), Dena Bank (Rs 520 crore), Vijaya Bank (Rs 350 crore), PNB (Rs 190 crore) and Corporation Bank (Rs 185 crore).

Post recapitalisation, the government's holding in Union Bank will increase to 58%.
Earlier, the government had infused Rs 5,691 crore as part of its recapitalisation programme of banks to maintain their Tier I capital adequacy ratio in excess of 8% up to July.

In the Union Budget 2010-11, the government has provided for recapitalisation of Rs 16,500 crore to help banks maintain a Tier I capital adequacy ratio in excess of 8%.
 
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