Good morning,with a fresh week starting today (hopefully every body had a nice weekend) and the markets at a very crucial point, we get down back to business.The reason I say crucial point is that on Friday we experienced a reversal on a potentially bad news (RBI hiking CRR),while in US markets went down on a good news (US GDP was better than expected (5.7%)),making a sense out of these movements is beyond the thinking of a logical mind(perhaps thats why markets are blamed to be random!!!).
Referring back to market calls table I can see Nifty in down swing and Bank nifty in up swing,a short term low has perhaps been made.With quite a lot of price correction we might settle into a range and that will start a time correction,.so some choppy days may be ahead.Nevertheless we trade as per swing and take home what markets gives us.
Hope you have a nice trading day ahead.
sir,
ReplyDeleteSAR has not triggered in case of DLF in last trading day. How could trend for DLF become UP!!!!!!!!!!!???????
Hi vvvvv
ReplyDeleteyes that's right..good observation,on friday the price came quite close to SAR and I think it missed by few paise (.01 to be precise)...Now this was a SAR based on Moving average and SAR based on moving average is a dynamic one 337 was given on thursday...due to fridays morning price action and as the time went by ,sar trailed down to as low as 331(thursday's high)....and as dlf was closing at days hight point (risk of gap up was quite a bit...better to exit in that case as well.there are lots of ways how intraday movement can be used as per your risk appetite
Check this post
http://financeandtradingmadeeasy.blogspot.com/2010/01/how-do-i-calculate-sar.html
Cheers
Hi all
ReplyDeleteI have transfered all the Links/Calculators to 4shared.com,as some of you were experiencing problems with download
Thanks for your feedback and support.
sir, SAR hit for nifty. Shall i reverse?
ReplyDeletenot for trading but for understanding your way to trade. Sorry for distrubing.
ReplyDeletehi anuj
ReplyDeletenice going. keep it up
with regards
Moh
ps: also explore mediafire.com for uploading files. imageshack.com for images.
SIR,
ReplyDeleteONE REQUEST, WILL YOU PLEASE ADD RELIANCE CAPITAL IN YOUR TECH. TABLE?
Hi vvvvv,
ReplyDeleteYes reverse as SAR is hit ...will update SAR for longs eod...sorry for late reply...net was giving problem...
Hi moh,
ReplyDeleteI will see how 4shared experience is ,why do you suggest imageshack?,images can be in blog itself?
any advantage in imageshack?
Thanks for suggestions
SIR,
ReplyDeleteprice movement of RELIANCE says it is also going to hit SAR. Comment, pl.
hi vvvvv,
ReplyDeleteyes it is also showing strength,i would square off longs and try to enter at pull back...
precise level in the evening (stock is sideways to positives)...Higher high,higher low made today which is bullish
Cheers
it actually hit sar, though retraced from there. Hence, long, na?
ReplyDelete@vvvv
ReplyDeleteYes thats right.
hi anuj
ReplyDeleteimageshack can hold your images for download as well for display in webpages.
yes, as you say, you do not need it since you can display the image. May be the blog participant can put a pic in imageshack and give the link in comment if he wants to show a pic ... we will try it oneday leisurely.
4share site has the count down timer, etc and it also loads too many cookies in our computer, and it also tries to load some dns sensor. Whereas mediafire site is a bit less cumbersome. You can try & find out. It is also [like 4share] free only.
Suggest you may put a sidepanel with links for your utilities, which would be permalink.
All the best.
with regards.
Moh
Hi Moh
ReplyDeletethanks for all wonderful suggestions
I have put all the downloadable link under labels "Download"...is that what you mean by "Suggest you may put a sidepanel with links for your utilities, which would be permalink."
thanks once again for all suggestions
AJ
pl. update SAR.
ReplyDelete@vvvvv
ReplyDeleteSAR updates...sorry for delay,i slept after markets closed :)