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A few good charts please

Discussion in 'Technical Analysis' started by naveen1241, Mar 20, 2014.

  1. hirenrachh

    hirenrachh Member

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    Dear naveen, priya and shabbir....
    Thank u so much for all the discussion , feed back, help ...its very interesting.....and very useful to a person like me who is learning.....thanks a lot...

    I take this opprtunity to congrarulate and say thanks to shabbir who has created such great plateform....

    Thanks to.all once again
    Best regards..
    Hiren
     
  2. naveen1241

    naveen1241 Responder

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    Very true Hiren. Shabbir has provided a great platform for us - like minded people to interact and improvise ourself in this process.

    Thank u all and all the best to each and every forum contributors.

    Thanks
    Naveen
     
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  3. shabbir

    shabbir Administrator Staff Member

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    I would not keep trailing SL.
     
  4. shabbir

    shabbir Administrator Staff Member

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    The pleasure is all mine.
     
  5. srspriya06

    srspriya06 Active Member

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    Its my pleasure hiren.:pleased:
     
  6. hirenrachh

    hirenrachh Member

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    Dear priya
    I know about the roi explained by shabbir in his book but i am not sure about how to decide the Target in case we do not have previous high one way as said by naveen trend line channel if i have understood correctly..... Lets ask our mentor shabbir .....can we have your views shabbir pls...?

    Regards
    Hiren
     
  7. shabbir

    shabbir Administrator Staff Member

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    Yes if there is no resistance levels for targets, the way Priya has done is spot on.
     
  8. hirenrachh

    hirenrachh Member

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    Thanks shabbir for your valuable comments.
    Still i am little less confident about the setting up the target. Curently lots if nifty stocks are on life time high level. Is there any other guidline which help us little in getting idea abou setting up the target?

    Regards
    Hiren
     
  9. shabbir

    shabbir Administrator Staff Member

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    No nothing apart from ROI that I use but there are other theories including Bollinger bands when the stock leaves the bands.
     
  10. hirenrachh

    hirenrachh Member

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    Will try find out more.....Thanks sahbbir....:)
     
  11. naveen1241

    naveen1241 Responder

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    Hi Hiren,

    Pick your trades and post in here. You would learn a lot for sure and we could intrigue ourself and fellow members here. Hope you could master the art with much ease given some time. There are no text book phrases which work at all times also. Dive in, understand yourself and improvise.

    Thanks
    Naveen
     
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  12. hirenrachh

    hirenrachh Member

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    Sure Naveen thank you so much for the support you have shown...and very truely said that we can learn from each other is the best way...books really lack the practical experiance....will try to interact more.....

    Thanks
    Hiren:)
     
  13. naveen1241

    naveen1241 Responder

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    Take my general advice only and the technical analysis part from our experts here :)

    Thanks
    Naveen
     
  14. shabbir

    shabbir Administrator Staff Member

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    We all are experts :D We are not in that 90% of people now who loose money.
     
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  15. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Lupin not invested and not recommended, even I switched from many Pharma stocks but point to note " before break down " my portfolio say a perfect exit @ right time.


    My call on Asian paint got closed @ 530 on 26th march itself, started 21st Jan from 475

    Wed Mar 26, 2014 2:59 pm

    Short term stop would be 450 for the target of 500-515-530 and than wait to check that it could break out 560-565 level and if decisively it breakout and managed to sustain above the level thank keep riding with trailing stop. or target for 605-610 level for final target.

    Call closed as all target done.

     
  16. naveen1241

    naveen1241 Responder

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    Thanks Sanjay :)
    Hope you get more time here to indulge in the discussions, which would help all of us. Thank you once again.

    Regards,
    Naveen