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

R Systems International

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

  1. jignesh_acharya

    jignesh_acharya Active Member

    Joined:
    May 5, 2014
    Messages:
    235
    Likes Received:
    27
    Hi Shabbir,

    Thinking of buy in R Systems International....

    Your views and advise please

    Thanks in Advance...
     
    jignesh_acharya, Sep 17, 2014
    Share #1
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    Technically no because of low volumes but still if you ask me, it should not break 48.
     
    shabbir, Sep 17, 2014
    Share #2
  3. jignesh_acharya

    jignesh_acharya Active Member

    Joined:
    May 5, 2014
    Messages:
    235
    Likes Received:
    27
    Which are good technical stocks to be trade with with CMP near 50?

    Any Suggestions?
     
    jignesh_acharya, Sep 17, 2014
    Share #3
  4. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    Any reasons stocks you want to be trading near 50?
     
    shabbir, Sep 17, 2014
    Share #4
  5. jignesh_acharya

    jignesh_acharya Active Member

    Joined:
    May 5, 2014
    Messages:
    235
    Likes Received:
    27
    to have more volume of shares
     
    jignesh_acharya, Sep 17, 2014
    Share #5
  6. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    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
    Share #6
  7. jignesh_acharya

    jignesh_acharya Active Member

    Joined:
    May 5, 2014
    Messages:
    235
    Likes Received:
    27
    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
    Share #7
    shabbir likes this.
  8. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    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
    Share #8
  9. jignesh_acharya

    jignesh_acharya Active Member

    Joined:
    May 5, 2014
    Messages:
    235
    Likes Received:
    27
    Maybe its Penny stocking...
    ;-)
     
    jignesh_acharya, Sep 21, 2014
    Share #9
  10. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    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
    Share #10