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Hathway Cable & Datacom Limited

Discussion in 'Technical Analysis' started by tarak_desai, Sep 11, 2012.

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  1. tarak_desai

    tarak_desai New Member

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    Breakout, however 2 years resistance is 220.

    Should we wait for closing 220 or enter now at CMP, good volume recorded.

    Share your views guys!

    Chart Link: http://i.imgur.com/8iONa.png
     

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    tarak_desai, Sep 11, 2012
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  2. shabbir

    shabbir Administrator Staff Member

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    Good to enter now and looks like you have spotted a great stock.
     
    shabbir, Sep 11, 2012
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  3. tarak_desai

    tarak_desai New Member

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    Shabbir, thanks - would be great to know as to what makes a great stock - is it on basis of fundamentals you have mentioned its great stock ?
     
    tarak_desai, Sep 11, 2012
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  4. shabbir

    shabbir Administrator Staff Member

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    Technically.
     
    shabbir, Sep 12, 2012
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  5. sujan4bw

    sujan4bw Member

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    Its a good pick but What concerns me is Retailers Percentage is very low.

    Be carefull as FII and DIIs palying major role in the stock.
     
    sujan4bw, Sep 12, 2012
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  6. tarak_desai

    tarak_desai New Member

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    hmm, entered today at @217, fingers crossed.
     
    tarak_desai, Sep 12, 2012
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  7. chequesuraj

    chequesuraj Member

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    Dear Sujan,

    How to spot this info and from where?
     
    chequesuraj, Sep 12, 2012
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  8. sujan4bw

    sujan4bw Member

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    sujan4bw, Sep 12, 2012
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  9. cbpancha

    cbpancha New Member

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    Occupation:
    Working as 3D CAD Modeller in Godrej
    Hi Shabbir

    RSI for this stock is 82.6% so as per defination of RSI it will in overbought condition and likely to correct in near term is it OK.
     
    cbpancha, Sep 12, 2012
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  10. shabbir

    shabbir Administrator Staff Member

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    I am putting together an article exclusively in forum on RSI and MACD because many members prefer that. Bear with me till I complete that.
     
    shabbir, Sep 12, 2012
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  11. shabbir

    shabbir Administrator Staff Member

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    On a deeper thought I decided to add them (RSI and MACD) to the ebook and so as of now I am just getting the hints out here and will try to get them included in the ebook. Also I have few more additions coming out along with RSI and MACD as well. As of now explaining the RSI here in short.

    RSI

    Relative Strength Index (RSI) is an oscillator which measures the change in price movements and oscillates between zero and 100. According to it's developer, RSI is considered overbought when above 70 and oversold when below 30.

    See the charts of SBI where I applied RSI. We see red and green indicators suggesting oversold and overbought scenarios.

    [​IMG]
     

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    shabbir, Sep 13, 2012
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  12. masihpatel

    masihpatel Active Member

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    Dear shabbir, Thanks for explaination.Looking forward for more from you.
     
    masihpatel, Sep 13, 2012
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  13. shabbir

    shabbir Administrator Staff Member

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    The pleasure is all mine.
     
    shabbir, Sep 13, 2012
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  14. ggchavhan

    ggchavhan New Member

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    Dear Shabbir

    These addons are you mailing us( ebook owenres)?
     
    ggchavhan, Dec 27, 2012
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  15. shabbir

    shabbir Administrator Staff Member

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    What addons and what emails?
     
    shabbir, Dec 27, 2012
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  16. ggchavhan

    ggchavhan New Member

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    I asking about these proposed additions in ebook.

    Thanks
    GAJANAN
     
    ggchavhan, Jan 2, 2013
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  17. shabbir

    shabbir Administrator Staff Member

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    Yes the process is ON.
     
    shabbir, Jan 2, 2013
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