1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Zee Entertainment

Discussion in 'Technical Analysis' started by sanjay_sansanwal, Aug 12, 2012.

  1. shwetagnema

    shwetagnema Active Member

    Joined:
    Jun 24, 2012
    Messages:
    252
    Likes Received:
    40
    Occupation:
    House wife
    would you call it a breakout in zee?.....it has make a new 52 week high
     
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,702
    Likes Received:
    1,940
    Yes I would.
     
  3. verenmitter2001

    verenmitter2001 Member

    Joined:
    Sep 22, 2012
    Messages:
    354
    Likes Received:
    12
    Occupation:
    IT, Education & Ex-Army officer
    Hi shabbir
    Do you see a negative divergence in zee RSI lower tops formed in RSI

    Regards
    Veren
     
  4. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,702
    Likes Received:
    1,940
    I don't look at RSI when trading and try to keep params to as low as possible.
     
  5. verenmitter2001

    verenmitter2001 Member

    Joined:
    Sep 22, 2012
    Messages:
    354
    Likes Received:
    12
    Occupation:
    IT, Education & Ex-Army officer
    Hi shabbir
    what should be the stoploss for this stock as per you?
    Is 218 is right stop loss??

    Regards
    Veren
     
  6. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,702
    Likes Received:
    1,940
    I would not go long on this stock because the leg down is on and so let it touch 215is level and then see how patterns are formed.
     
  7. viraf53

    viraf53 New Member

    Joined:
    Sep 15, 2012
    Messages:
    20
    Likes Received:
    0
    What technical parameters will help me for buying stocks for 6 to 12 months? I use Profitindicators.com and Chartnexus for technical charts. Both are free. Frequent trading makes me loose the capital invested.
     
  8. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,702
    Likes Received:
    1,940
    Breakout and W pattern are my favorite