The Stock Markets ; As I see it

[sam1121938]

Hello everybody ,

This is my first post . I am a learner of the stock markets for a long time ; Both Technical and Fundamental are my eyes l It is my experience that both the eyes are required to be open to have a successful Trading and investment strategy; So i hope to express my views in this forum /thread on various topics under one thread. While the fundamental analysis helps one to choose a right stock fo a long term investment , the tech analysis helps to decide the entry and exit points that would enhance the value of ones portfolio at a pace that can out perform market , be it bull or bear market


These views are , of course , made after careful study , but i would like to mention , that one shd do her/his own study before following any recos made here as the rewards are not going to be shared by me; so obviously ,it applies to the risks too.

Broadly speaking, my writings will be based on the nifty, stocks, forex, gold in us dollars.as i trade in these fora regularly.:) and perhaps intraday real time calls on nifty too , for those who are online on thuis forum.


wish u all a happy and prosperous years

[sam1121938]

The nifty is in over bought zone. This iintermediate term is bullish , though the long term is bearish.with the implication of touching 2750

Those who hold long position will have to now be cautious and hold the long with a tightening trailing stop loss. the stop loss suggested are 3004/2960/2940.

any one entering long now will have to excercise greater care to choose the entry level and can look forward upto 3240 but with a strict stop loss of about 3076/3048

[DTM]

Hi !

I think this post is in the wrong forum. This forum is to suggest a forum. The moderators will think and then decide if they want to add that forum. What you can do is - start a new thread in Technical Analysis forum and start posting there. Kindly remove this from here and post it in the new thread.

Hope you do not mind.

[sam1121938]

Hi !

I think this post is in the wrong forum. This forum is to suggest a forum. The moderators will think and then decide if they want to add that forum. What you can do is - start a new thread in Technical Analysis forum and start posting there. Kindly remove this from here and post it in the new thread.

Hope you do not mind.


dear ,
yes after posting , i understood that i made a mistake.

but wondering and trying to figure out how to change?

[Prashanth]

Forum has been moved :)

[sam1121938]

Forum has been moved :)

Thanx dear prasanth; u are a great help
:)

[DTM]

Hi !

Thanks both of you !

Regds,

[sam1121938]

The nifty is in over bought zone. This iintermediate term is bullish , though the long term is bearish.with the implication of touching 2750

Those who hold long position will have to now be cautious and hold the long with a tightening trailing stop loss. the stop loss suggested are 3004/2960/2940.

any one entering long now will have to excercise greater care to choose the entry level and can look forward upto 3240 but with a strict stop loss of about 3076/3048

In my previous message i cautioned those holding long position to have a tight stop loss and indicated the various stop losses. In the normal course nifty would have reached 3240 levels , but the enormity of satyam scam accelarated the fall a litle too early and all the support levels earlier indicated broken .

As indicated earlier , I expect that nifty to touch 2750 and the recent price action compels me to modify the lower bound of nifty as of now to 2525.
My target for 9/1/2009 for nifty Jan future is 2850 and if it breches then it would be 2738.

[sam1121938]

the target for to day jan 9th 2850(2855 jan fut low as of now) almost touched and from there market rebounded.

[sam1121938]

now that the target given for today has breached and nifty will now touch the second target of 2750 down
besides we can say 2738 to ne exact

[sam1121938]

In my previous message i cautioned those holding long position to have a tight stop loss and indicated the various stop losses. In the normal course nifty would have reached 3240 levels , but the enormity of satyam scam accelarated the fall a litle too early and all the support levels earlier indicated broken .

As indicated earlier , I expect that nifty to touch 2750 and the recent price action compels me to modify the lower bound of nifty as of now to 2525.
My target for 9/1/2009 for nifty Jan future is 2850 and if it breches then it would be 2738.

Hi
the target form today giv was 2750 and just now it reached 2754 jan fut
my target of 2738 is still to come; come it will

[achinj]

Nice one Sam but can u post charts along with ur calls and targets.

cheers

[sam1121938]

Hi
the target form today giv was 2750 and just now it reached 2754 jan fut
my target of 2738 is still to come; come it will

The market has attained my target level of 2750 for today and is likely to slip to lower levels

people who are short hold short position
for a target of 2650/2525


short satyam ca 35 jan at rs 8.35 mow , and collect buy back at rs 2. put an order to square of at rs 2 well in advance if u are shorting at cmp

\

[sam1121938]

Nice one Sam but can u post charts along with ur calls and targets.

cheers


yes i will try to give a tech analysis with charts ; trying to find out how to do these things in this forum. still to master the tools available , to improve my postings

[sam1121938]

Hi
the target form today giv was 2750 and just now it reached 2754 jan fut
my target of 2738 is still to come; come it will

Hi

The traget give for today 2738 achieved just now ;jan fut that is

[sam1121938]

Hi

The traget give for today 2738 achieved just now ;jan fut that is

Hi i have suggested holding the nifty jan short position;

I maintain that call

Today is mid week profit booking day and so there was some short covering;

there are no good news to lift the nifty up

Ansd i hope that my recommendation of selling satyamcomp at 9.25 ( satyam comp CA 35) was heeded to
at the end of expiry the entire amount of rs 9.35 would be profut ; that would mean nearly 5000 profit on a capital of rs 6000 in a few days.

[sam1121938]

Hi i have suggested holding the nifty jan short position;

I maintain that call

Today is mid week profit booking day and so there was some short covering;

there are no good news to lift the nifty up

Ansd i hope that my recommendation of selling satyamcomp at 9.25 ( satyam comp CA 35) was heeded to
at the end of expiry the entire amount of rs 9.35 would be profut ; that would mean nearly 5000 profit on a capital of rs 6000 in a few days.

Hi

nifty after todays short covering and midweek profit booking over , is now aiming at my next immediate target of 2650

[sam1121938]

HI

between this time the brokers square off the intra day positions of th e clients and most of the traders also do

so the price action during this period is based on profit/loss booking and so cannot be gauged correctly .

even the technical indicators may show divergences


but what really happens is that all that went up during the day shed the price to some extent and all that went down during the day go up due to short covering

for a careful day trader this could be an ideal time for a quick entry and exit

[sam1121938]

Hi i have suggested holding the nifty jan short position;

I maintain that call

Today is mid week profit booking day and so there was some short covering;

there are no good news to lift the nifty up

Ansd i hope that my recommendation of selling satyamcomp at 9.25 ( satyam comp CA 35) was heeded to
at the end of expiry the entire amount of rs 9.35 would be profut ; that would mean nearly 5000 profit on a capital of rs 6000 in a few days.

HI

members would have thought , after seeing yestrdays upmovement , that my short call was wrong.

But look what happened , my target of 2680/2650 is almost getting achieved.

one of the important lessons that i have learnt in my trading in stock market is this;

When the nifty is weak and when suddenly it makes a rapid spurt, the indicators are taking it up to gain more money and that a sudden drop is likely/ why likely, certainly!


That was a bull trap set by the operator sharks and they nicely distributed all stocks and nifty at the highest level.


Now i am waiting for my next target of 2525

[sam1121938]

Hi All

U may perhaps remember i made a call a few days back to sell satyam computer Jan cal 35 ar rs 9.35; and look at that price now ; it is about 1.85
\
at the time of expiry u would have had the entire amount of rs 9.35 *600 in ur pockets , if u allow the call to lapse;
\

Then impotrtant point to be remembered in calls and options is that if one shd take the time d3ecay factor into account and sell a put/call and then allow it to lapse , u pocket the entire mony as a reward; Think about it and take advantage of that ; But one shd learn it first and pick up the ryt moment to sell the call or put at the right time when they are fat.

But of course u have to take the margin money/pan marginto account.


The selling of put/call using the time decay factor to our advantage can be helpful to those who want a steady income/return on their investment , month after month

for get tand forgivre the spell/syntax mistakes , as messages posted during the trading time are written in a hurry and are not edited for these mistakes
\

[sam1121938]

Hi

That nifty jan fut is falling is apparent from chart and my target as repeatedly said before is 2525. this is apparent from the fact the Minor and intermediate trend are down wards and the major nd primary trend are in a sideways move. And we are in the 5th wave of elliot which is down wards .


At this point i want to say some thing which , i had observed over years.

There ar e two days when market profit booking; the mid week profit bookimg occurs on either on tues day or wednes day and the week end profit(loss?) booking occurs either on on thursday or friday.

In these days what went up goes down and what went up goes down.


Nidty , as we know , is in a downward trend and there fore there are many knowledgeble traders who are on the short side. These seasoned traders are so careful that they do not want to hold their positions during week ends , as any hting could happen on these two days. so they square of their positions on thursday /frodays and book their profits. so tomorroe we can expect a short covering of the nifty which can take the nifty up. but that should not be considered as a signakl to go long.

ususally while reckoning the charts and analysing them , i disregard the price action on fridays , if it is against the trend


Peope who hold their short position , need not be worried about the diurnal fluctuation (if they can they can play intraday and improve their wealth) and hold their shorts.

In reaching a conclusion as to where the nifty is heading towards (especially for swing traders) , one shd study the Bollinger Bands in depth and understand the patterns of the curves of the Bollinger band and how to take cue from the shapes and the beautiful curves to make a reasonably accurate forecast of the price of the nifty/stocks etc.
/
. of course in due course , i will blabber about the Bollinger bands and how it works. The books tell us too little about how intricate they are and how to handle the market, based on BBs .

[sam1121938]

Hi

That nifty jan fut is falling is apparent from chart and my target as repeatedly said before is 2525. this is apparent from the fact the Minor and intermediate trend are down wards and the major nd primary trend are in a sideways move. And we are in the 5th wave of elliot which is down wards .


At this point i want to say some thing which , i had observed over years.

There ar e two days when market profit booking; the mid week profit bookimg occurs on either on tues day or wednes day and the week end profit(loss?) booking occurs either on on thursday or friday.

In these days what went up goes down and what went up goes down.


Nidty , as we know , is in a downward trend and there fore there are many knowledgeble traders who are on the short side. These seasoned traders are so careful that they do not want to hold their positions during week ends , as any hting could happen on these two days. so they square of their positions on thursday /frodays and book their profits. so tomorroe we can expect a short covering of the nifty which can take the nifty up. but that should not be considered as a signakl to go long.

ususally while reckoning the charts and analysing them , i disregard the price action on fridays , if it is against the trend


Peope who hold their short position , need not be worried about the diurnal fluctuation (if they can they can play intraday and improve their wealth) and hold their shorts.

In reaching a conclusion as to where the nifty is heading towards (especially for swing traders) , one shd study the Bollinger Bands in depth and understand the patterns of the curves of the Bollinger band and how to take cue from the shapes and the beautiful curves to make a reasonably accurate forecast of the price of the nifty/stocks etc.
/
. of course in due course , i will blabber about the Bollinger bands and how it works. The books tell us too little about how intricate they are and how to handle the market, based on BBs .

HI
\
i would like a feed back and constructive criticism on my writings.

[sam1121938]

nifty put 3000 jan can be bought at 242 for a 20 re benefit; 12;30 pm

[sam1121938]

once pe 3000 nifty jn moves up above 254 , it will move like rocket

[sam1121938]

it moved as expected. and my target of 2550 may soon come

[sam1121938]

As suggested earlier , the nifty pe 3000 has given more than 20 re it can be held for more gains with a trailing stop loss of about 4 re below the ruling price.

The object of a trailing stop loss is to protect the profits that one has.

nifty is also falling anfd i am hopeful of its touching my targets given earlier
2550/2650; i think

[sam1121938]

Hope my suggestion for a trailing stop loss on nifty pe 3000 jan was heeded to

[sam1121938]

The market has attained my target level of 2750 for today and is likely to slip to lower levels

people who are short hold short position
for a target of 2650/2525


short satyam ca 35 jan at rs 8.35 mow , and collect buy back at rs 2. put an order to square of at rs 2 well in advance if u are shorting at cmp

\

HI
The nifty target of 2650 is around the corner; and satyam JAN 35 caLL IS ALSO YIELDING MONEY

[sam1121938]

once pe 3000 nifty jn moves up above 254 , it will move like rocket


HI
nifty moved up as suggested

[sam1121938]

HI
nifty moved up as suggested

i am sorry; i meant nifty pe3000 jan ; and nifty moved down as suggested too

[sam1121938]

Hi

Friday is the last day of the week. therefore , the stock markets can witness profit booking from weekly and daily traders , as they would not want to hold their shorts .and hence a nifty may see a rise. but the trend is down and players can be on the short side for short term ,

I have already mentioned the targets as 2525/2650; today it came close to 2660 today. I expect 2525 to happen soon.

Three indicators that tell me the story are Bollinger bandS AND OFCOURSE THE RSI and macd . together they form a formidable combo that tells us what to do unerringly/

Rsi is yet to reach the oversold region and heading towards that day by day;

And it is a pleasure to watch my favourite bollinger bands. one shd watch two aspects in BB. one is which of 2 compartments , the price bar is situated . whether in the upper zone or the lower zone.and the second is to see concerned BB line (lower bb or upper bb) and look at what it tells to know the trend .one has to keep studying thes BB lines for sometime to understand it properly and most of the times , one can get the whole picture to enable us to make a proper and timely entry and exit in nifty/stocks.

[sam1121938]

Hi

Friday is the last day of the week. therefore , the stock markets can witness profit booking from weekly and daily traders , as they would not want to hold their shorts .and hence a nifty may see a rise. but the trend is down and players can be on the short side for short term ,

I have already mentioned the targets as 2525/2650; today it came close to 2660 today. I expect 2525 to happen soon.

Three indicators that tell me the story are Bollinger bandS AND OFCOURSE THE RSI and macd . together they form a formidable combo that tells us what to do unerringly/

Rsi is yet to reach the oversold region and heading towards that day by day;

And it is a pleasure to watch my favourite bollinger bands. one shd watch two aspects in BB. one is which of 2 compartments , the price bar is situated . whether in the upper zone or the lower zone.and the second is to see concerned BB line (lower bb or upper bb) and look at what it tells to know the trend .one has to keep studying thes BB lines for sometime to understand it properly and most of the times , one can get the whole picture to enable us to make a proper and timely entry and exit in nifty/stocks.

Hi

the target 2650 achieved

we now wait for the 2525 and then i will give a new set of numbers for nifty fut


I will from now on switching over to feb fut

my writings will be on the targets for nifty feb fut mainly

[apoorvadevika]

This is my first post . I am a learner of the stock markets for a long time ; Both Technical and Fundamental are my eyes l It is my experience that both the eyes are required to be open to have a successful Trading and investment strategy; So i hope to express my views in this forum /thread on various topics under one thread. While the fundamental analysis helps one to choose a right stock fo a long term investment , the tech analysis helps to decide the entry and exit points that would enhance the value of ones portfolio at a pace that can out perform market , be it bull or bear market


These views are , of course , made after careful study , but i would like to mention , that one shd do her/his own study before following any recos made here as the rewards are not going to be shared by me; so obviously ,it applies to the risks too.

Broadly speaking, my writings will be based on the nifty, stocks, forex, gold in us dollars.as i trade in these fora regularly.:) and perhaps intraday real time calls on nifty too , for those who are online on thuis forum.


wish u all a happy and prosperous years[/QUOTE]

[CipJub]

As soon as I figure out how to I will post a picture of the page.

Thanks again for your interest. It really helps to get someones opinion.