Sensex

Sunday, November 15, 2009

Re: [indianstockmarket] Fast moving Indicators for short term traders

 

please dont stop this valuable email    this mail is supportive for small investor.   thank you zain

--- On Mon, 16/11/09, crn <crn@crnindia.com> wrote:

From: crn <crn@crnindia.com>
Subject: [indianstockmarket] Fast moving Indicators for short term traders
To: "yahoogroup" <indianstockmarket@yahoogroups.com>
Date: Monday, 16 November, 2009, 7:27 AM

 
 
Fast moving Indicators for short term traders For 13th Nov 2009
We have received numerous feedback during the weekend from  our members, and the gist of all of them pointed to the fact that they will be unable to trade on such fast moving indicators  and also they require more than one letter in a day for extra support and stoplosses.
As it is not possible for us to give more support through email, so we are discontinuing the following letter with immediate effect. For further query please email at support@crnindia. com
 
Values as on 12th November, 2009 
Index Open High Low Close From yesterday
Nifty Spot  5004.40 5014.40 4924.75 4960.35 -50.70(points)
Nifty Future November 4998 5017 4917.55 4969.05 -44.90(points)
Cnx Midcap 200 7140.20 7171.80 7022.10 7055.80 -93.05(points)
Cnxit 5269.95 5336 5266 5324.55 +69.65(points)
Bank Nifty  9300 9330.50 9011.20 9115.55 -228.40(points)

The above values of Index are actual closings at 3:30 pm and not the averages.



This is a simple newsletter which talks in the most simple terms how to go about making money in stock markets. It does not say ifs or buts but in simple terms just tells you what to do and earn. We know some people want to trade on Nifty, some on Bank Nifty or Cnxit or some stocks. So we have made a list of Indices and stocks for you to trade.  The signals are derived on very fast moving indicators, so one will have to be fast enough to trade and reverse the positions. But if you wish to trade on anything, then do try and take 7 trades of that particular stock or index, so initially keep your volumes low and increase them as you develop confidence in the system.  The basic premise of this system is to try and take the full trend of a stock and the beauty is that this system makes profit in a falling as well as a rising market. Our way of trading is such that we give small losses and try and take big profits. (This newsletter is  ideally for someone who can take out say half an hour everyday in the morning between 10 to 10:30 in the morning while placing the order and evening another 15 minutes to check email and make decision for next day. )
{At the moment try and observe this newsletter for some days to have confidence in it before you trade}

Name Current Trend Date trend changed Rate trend changes Level 1 Status of the position
Nifty Down * 12th Nov 09 4952.65 4800 Holding shorts
Bank Nifty Down * 12th Nov 09 9084.80 8800 Holding shorts
CNXIT Up 4th Nov 09 5023 5190 Holding longs
ACC Up 11th Nov 09 732.50 757 Holding Longs
Tata Steel Down * 12th Nov 09 512.05 488 Holding short
Maruti Down 10th Nov 09 1445.55 1390 Holding Shorts
SBI Down * 12th Nov 09 2293.65 2210 Holding shorts
Infosys Up 9th Nov 09 2232 2290 Holding longs
SAIL Down * 12th Nov 09 176.25 170 Holding shorts


* The Indices and the stocks have come in downtrend at  closing so it has been shown as shorted. The readers may short them  at 10.10 am and hold the shorts


Clarification :  All  prices mentioned here are the spot cash prices and not future prices.
Level 1 is the first level when profit taking should be done in half the quantity of that future. Ideally we expect an investor to take position in two lots and book profit in one lot at this level 1 so that one has some profit in hand.


Correlation between Dollar Index and Stock Market
 
Dollar index took good support at 75 levels and bounced from there and with that all world stock markets including commodities came down tumbling. So it was the dollar index which moved the markets down though ideally the IIP figures which were so positive should have moved the markets up. Let us see if IIP figures can still move markets higher or not when dollar index is up. Crude also came down showing less demand.

 

 Do email us your query at support@crnindia. com  And we would try to reply the same back through this newsletter or individual email as required.      
 

Answer to readers queries which we got at support@crnindia. com
Question by some investors -- as to why we do not give targets ?
- We do not wish to give any targets as we do not know how much the stock can rise or fall, so we take position in two lots and one lot we quit at the level mentioned above to take some profits and other lot we go on holding. Keep watching and you will understand.
 

Disclaimer: crnindia.com does not warrant or make any representations regarding the use or the results of the use of the materials in this site or other sources in terms of their correctness, accuracy, reliability, profit, or otherwise. crnindia.com does not guarantee the accuracy or completeness of any information and is not responsible for any omissions. crnindia.com clearly states that it has no financial liability whatsoever to any user on account of the use of information provided on the website or email.

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