Trading Strategies Using Technical Analysis

[simple_trader]

My opinion is same for Tata Motors coz ADX/DMI showing strong uptrend and no signs of divergence eaither.... I may be sounding utterly bookish or immatured but those set of principles have saved me many time in past....

Again no offense ST... just raising my opinion... please dont take it otherwise.

Apurv, There are two things, we need to know trend and it is equally important to know where trend can reverse. Take both TATAMOTORS/TCS as 2nd part and just track both. I have not comment whether long or short. Different people have different style of trading!

 

[DanPickUp]

Hi raunakagarwal

For you :

http://www.tradingmarkets.com/.site...s-Kirk-QA-with-Larry-Connors-Part-1-81748.cfm

Thanks for the tip. I did not know him until I was *reading this post from you :
http://www.traderji.com/technical-a...s-using-technical-analysis-87.html#post459823

DanPickUp

* Edit : It is not wrote, I mean reading.

 

[SwingKing]

Hi raunakagarwal

For you :

http://www.tradingmarkets.com/.site...s-Kirk-QA-with-Larry-Connors-Part-1-81748.cfm

Thanks for the tip. I did not know him until I wrote your post.

DanPickUp

Thanks for posting this Dan!

This is a must read for all.

Tc

 

[oilman5]

Thanks Danpickup.
When i first take their training @2002......i learnt a lot from tradingmarkets.com
Many of them r still useful today.

 

[SwingKing]

Have shorted Nifty for Intraday Scalp @ 5468.1

Tc

 

[rajesh_kumar01]

Have shorted Nifty for Intraday Scalp @ 5468.1

Tc

what is your stop loss ? I think nifty will trade above 5475-5500 today

 

[SwingKing]

Have shorted Nifty for Intraday Scalp @ 5468.1

Tc

Exited around 5447.5. Scalped around 20 points

Tc

 

[alroyraj]

Exited around 5447.5. Scalped around 20 points

Tc

Excellent Raunak. You managed to catch the entire move and you managed to keep your nerve after the markets moved up 13 points against your position. Was the gap down the clinching point or was it something else like CCI?

 

[MurAtt]

Something is amiss tihs time ... the exuberance .. the adrenaline rush ... is missing in retailers ....
they are sceptic .. and are afraid to enter .. investors are pyramiding their sells ...

Despite weakness being seen i.e. no steam left in upmoves .. the market is now moving down and no supply seems to be coming in ....

19K/20K/21K before we move down :-?

 

[simple_trader]

I would say reversal round the corner in index.