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

BUY STRATEGY

Discussion in 'Technical Analysis' started by moin000, Feb 29, 2020.

  1. moin000

    moin000 Member

    Joined:
    Jan 26, 2020
    Messages:
    19
    Likes Received:
    8
    Hi friends,
    Everyone says this is buying time.
    1.what is the buying strategy with overbought stocks like with good momentum AND over sold stocks.
    2.what is the buying strategy with stocks falling near there 200 EMA
     
    moin000, Feb 29, 2020
    Share #1
    fbendish and rbathri like this.
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    These are for the traders. For investors, what matters is will the current fear that is engulfing the market will have any impact on the business or not. As an example, Page Industries or Asian Paints or HUL, will they have any impact of earnings for Coronavirus?

    Depending on your analysis and answer, it is a buying strategy.

    200DMA and oversold over bought stuff is for the technicals. Suzlon isn't oversold after falling 99% for investors for sure.
     
    shabbir, Mar 1, 2020
    Share #2
    jayaravindran07 and moin000 like this.