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R Systems International

Discussion in 'Technical Analysis' started by jignesh_acharya, Sep 17, 2014.

  1. jignesh_acharya

    jignesh_acharya Active Member

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    Hi Shabbir,

    Thinking of buy in R Systems International....

    Your views and advise please

    Thanks in Advance...
     
    jignesh_acharya, Sep 17, 2014
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  2. shabbir

    shabbir Administrator Staff Member

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    Technically no because of low volumes but still if you ask me, it should not break 48.
     
    shabbir, Sep 17, 2014
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  3. jignesh_acharya

    jignesh_acharya Active Member

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    Which are good technical stocks to be trade with with CMP near 50?

    Any Suggestions?
     
    jignesh_acharya, Sep 17, 2014
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  4. shabbir

    shabbir Administrator Staff Member

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    Any reasons stocks you want to be trading near 50?
     
    shabbir, Sep 17, 2014
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  5. jignesh_acharya

    jignesh_acharya Active Member

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    to have more volume of shares
     
    jignesh_acharya, Sep 17, 2014
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  6. shabbir

    shabbir Administrator Staff Member

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    And how does that help? You will make % of your amount invested only and not on the number of units you own.

    So if you buy 50 Rs 100 Quantity and 500 Rs shares 10 Quantity and if both gets a 2% increase, you make the same amount.

    So important is your investment amount and the gain percentage and not the price at which the stock is trading.
     
    shabbir, Sep 18, 2014
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  7. jignesh_acharya

    jignesh_acharya Active Member

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    Maybe i tempted to believe the low price share boost very high percent while high price share does not boost too much
     
    jignesh_acharya, Sep 18, 2014
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  8. shabbir

    shabbir Administrator Staff Member

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    You are not alone and this comes with the assumption that a price rise of few paise in small stock will give you big benefits but after all its a percentage game.
     
    shabbir, Sep 18, 2014
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  9. jignesh_acharya

    jignesh_acharya Active Member

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    Maybe its Penny stocking...
    ;-)
     
    jignesh_acharya, Sep 21, 2014
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  10. shabbir

    shabbir Administrator Staff Member

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    If you think that way then also you should be focusing on high beta stock. Small stock has high beta but then in India they are capped at 5% gain where as big stock has 20% gains as well.

    So penny stocks are pretty much non existence in India
     
    shabbir, Sep 21, 2014
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