Trading Strategies Using Technical Analysis

Which date should the meet be held?

  • February 27th 2011

    Votes: 19 59.4%
  • March 6th 2011

    Votes: 8 25.0%
  • March 13th 2011

    Votes: 5 15.6%

  • Total voters
    32
  • Poll closed .

SwingKing

Well-Known Member
Code:
             Script            Trade Price  Stop Loss
Action Construction Equipment      66         62.3
     Ahmednagar Forgings         126.28      122
       Ansal Properties          95.84        88.05
          Bata India             345.05      323.35
        Finolex Cables           59.74         58.25
     National Fertilizers        128.9       116.9
           [COLOR="Red"]Sesa Goa              374.81      325.05[/COLOR]
    [COLOR="Red"]Patni Computer Systems                    452[/COLOR]
    [COLOR="red"]Parsvanath Developers                     140[/COLOR]
          Mujal Show                           57.7
         KPIT Cummins                         158.9
        [COLOR="red"]Banco Products                        112[/COLOR]

Patni, Parsvanath,Sesa Goa and Banco will be exited today. Highlighted in Red. New trades which will be taken are highlighted in Blue. SL for previous trades have been revised down. This is because volatility has increased in the markets.


Lupin Labs
Jb Chem and Pharma
ING Vyasa Bank
Gemini Communication
TCS


All stocks have been selected based on Breakouts.

As usual, around 3.15, I will post which stocks are going to be bought out of the new list.

Tc
 
Last edited:
Bro whenever u have time can u check
J&K bank taken last week at 750.05 now 835 my tgt 900+ but it is looking tired stay invested or book???
Berger paint calling me grab left a bid to buy at 100.05 half the quantity want to take balance on ur confirmation thnx in advance
 

SwingKing

Well-Known Member
Bro whenever u have time can u check
J&K bank taken last week at 750.05 now 835 my tgt 900+ but it is looking tired stay invested or book???
Berger paint calling me grab left a bid to buy at 100.05 half the quantity want to take balance on ur confirmation thnx in advance
PT Bro,

J&K does seem to be building a base for good move. But till that confirmation comes, I won't buy it. You have got it at a good level. Keep holding lets see what happens. If it completes the base, targets could be as high as 1050.

Momentum on Berger is waning a bit. But, it is still not negative. Momentum could pick up from these levels and stock could move higher. But I would wait for the stock to show momentum swing first. So as of now, from my side, this stock is positive, but not in a position to add more quantities. Keep holding on to existing positions though.

Tc
 

SwingKing

Well-Known Member
Code:
             Script            Trade Price  Stop Loss
Action Construction Equipment      66         62.3
     Ahmednagar Forgings         126.28      122
       Ansal Properties          95.84        88.05
          Bata India             345.05      323.35
        Finolex Cables           59.74         58.25
     National Fertilizers        128.9       116.9
           [COLOR="Red"]Sesa Goa              374.81      325.05[/COLOR]
    [COLOR="Red"]Patni Computer Systems                    452[/COLOR]
    [COLOR="red"]Parsvanath Developers                     140[/COLOR]
          Mujal Show                           57.7
         KPIT Cummins                         158.9
        [COLOR="red"]Banco Products                        112[/COLOR]

Patni, Parsvanath,Sesa Goa and Banco will be exited today. Highlighted in Red. New trades which will be taken are highlighted in Blue. SL for previous trades have been revised down. This is because volatility has increased in the markets.


Lupin Labs
Jb Chem and Pharma
ING Vyasa Bank
Gemini Communication
TCS


All stocks have been selected based on Breakouts.

As usual, around 3.15, I will post which stocks are going to be bought out of the new list.

Tc
All stocks highlighted in Blue will be taken.

Tc
 

oilman5

Well-Known Member
After watching the last 20 minutes of action, I come to know whether the close is going to be above the price I am willing to take a trade on.

Tc
........................................
this theory is known as confirmation by price .
buying on showing strength.......and money/new orderflow also can be checked this way.
.......................................
thanks to Raunkji.......to give this pro tool to learners:clapping:
 

gauharjk

Well-Known Member
Raunakji, don't mind me saying, but is it a good idea to trade in a sideways market? Nifty has closed below 6080. Anything can happen on Monday.

Do you sense an upside from here? Especially TCS looks very stretched.

P.S. What is your opinion on ACC?
 

SwingKing

Well-Known Member
Raunakji, don't mind me saying, but is it a good idea to trade in a sideways market? Nifty has closed below 6080. Anything can happen on Monday.

Do you sense an upside from here? Especially TCS looks very stretched.

P.S. What is your opinion on ACC?
Dear,

1. We are not in a sideways market. Infact, not going significantly down after such a move is a sign of strength.

2. What can happen on Monday? As far as I am concerned, whatever will happen will happen. Why bother worrying about it? 6080 or 5980 or xyz is just a number. In my experience, no level in the market is of importance. All can be broken or respected by the market irrespective of what we contemplate about them.

3. Yes I do see upside in TCS from these levels. Infact, I have bought it heavily today. If I am right, money is to be made, else I'll move on.

Tc
 

SwingKing

Well-Known Member
List of Stocks in Portfolio. Next week, stops for some stocks which are in good profit will be moved up . We have altered few things in our buy criteria and the new stocks selected are based on modified criteria. All stocks taken are based on breakout - consolidation - breakout trades.

Previous Two Lists

Code:
  A' Category Stocks    Buy   Current Level     Buy Date   Exit     Profit/Loss
        Arvind         42.95      54.35      Sep 6th 2010               26.54%
      Asahi Safe       92.55      113.45     Sep 6th 2010               22.58%
       Dish Tv         55.15       55.4      Sep 6th 2010               0.45%
         EIH           150.8       138       Sep 6th 2010   138         -8.49%
    Guj Fluro Chem     211.35      199       Sep 6th 2010   199         -5.84%
   IBN 18 Broadcast    124.7       118       Sep 6th 2010   118         -5.37%
         IOB           133.95     160.9      Sep 6th 2010               20.12%
   Jindal Drilling     606.35     566.9      Sep 6th 2010  566.9        -6.51%
         MVL           101.5                 Sep 6th 2010   91.4        -9.95%
 Religare Enterprises  480.2      481.1      Sep 6th 2010               0.19%
      Srei Infra        90.6      125.35     Sep 6th 2010               38.36%
       Texmaco         160.75     172.45     Sep 6th 2010               7.28%
United Brewries Holdin 326.25     301.5      Sep 6th 2010  301.5        -7.59%
    Venus Remedies     305.3      306.9      Sep 6th 2010               0.52%
 Videocon Industries   265.5      265.1      Sep 6th 2010               -0.15%
      Wockhardt        237.7      308.35     Sep 6th 2010               29.72%
Code:
     Category A    Buy Level Current Exit Level Profit/Loss
 Aarti Industries    58.4      70.4               20.55%
   Century Enka     249.1     239.3               -3.93%
   Chambal Fert      73.8     86.95               17.82%
 Dev Credit Bank     52.4     64.95               23.95%
Godrej Industries   210.75    219.15              3.99%
       HEG          324.85    298.4     298.4     -8.14%
      Hikal          451      432.1               -4.19%
Hind Oil Explorati  234.1     243.6               4.06%
 Hinduja Ventures   468.15    436.9               -6.68%
   Hotel Leela        55      52.85               -3.91%
   Hotel Rugby      11.85     14.75               24.47%
   HOV Services     103.65    135.3               30.54%
     HT Media       175.55    162.2               -7.60%
    ICICI Bank      999.65   1131.85              13.22%
  Indian Hotels     106.8     99.45               -6.88%
Jagaran Prakashan   132.6     135.85              2.45%
   Jayshree Tea     158.85    187.75              18.19%
  Karnataka Bank    179.6     181.85              1.25%
       Kcp           34.1      32.1               -5.87%
    Mid - Day       38.65     40.75               5.43%
MSP Steel & Power    55.4      71.7               29.42%
  Mukund Limited     78.5     71.25               -9.24%
  MVL Industries     31.4     29.22      29.2     -6.94%
 Nagreeka Exports    30.2      37.2               23.18%
 Nahar Industries   81.65     91.75               12.37%
Nahar Investment &  31.25     49.45               58.24%
      Nelco         117.55    116.9               -0.55%
  Nitin Spinners     11.2     13.42               19.82%
Ponnie Sugars Erod  109.05    118.2               8.39%
     Premier        132.55    153.9               16.11%
    Rane Brake      126.8      144                13.56%
   Repro India      130.2      131                0.61%
  Sakuma Exports    19.95     21.45               7.52%
    SHR Cement       1926     2027.1              5.25%
SMS Pharmaceutical  201.7      197                -2.33%
 Sobha Developers   352.75    370.5               5.03%
 Solar Industries   476.6     513.7               7.78%
Spentex Industries  18.35      21.9               19.35%
Su-Raj Diamond & J    64       63.3               -1.09%
 Sundaram Fastene     59        67                13.56%
 Tata Sponge Iron   334.75     377                12.62%
Current List

Code:
        Script               Comment             Traded Price         Current Price              Exit               Gain/Loss
         ACE                   Buy                    66                  65.25                                       -1.15
 Ahmednagar Forgings           Buy                  126.68                141.85                                      10.69
      Ansal Prop               Buy                  95.84                   89                    89                  -7.69
      Bata India               Buy                  345.05                331.55                                      -4.07
    Finolex Cables             Buy                  59.74                  64.3                                        7.09
 National Fertilizers          Buy                  128.9                 125.75                                       -2.5
       Sesa Goa                Buy                  374.81                 353                   353                  -6.18
         KPIT                  Buy                  169.54                164.25                                      -3.22
      MunjalShow               Buy                  62.28                  64.3                                        3.14
      Parsvanath               Buy                  70.27                 68.55                 68.55                 -2.51
        Patni                  Buy                  467.13                 470                   470                   0.61
     Banco India               Buy                  112.01                111.5                 111.5                 -0.46
         TCS                   Buy
      Lupin Labs               Buy
    Ing Vyasa Bank             Buy
  JB Chem and Pharma           Buy
 Gemini Communication          Buy
Trade price of today's stock is not mentioned as it will be available tomorrow after calculation of cost of trading.

Tc