BSEIndia: All Stock Market News: [sharetrading] R.Com

Monday, December 28, 2009

[sharetrading] R.Com

Dear Abe/ others.

I am holding RCOM for a price of RS 265/- , qnty 200. What should i do & how long I have to hold to break even.

Thanks & Warm Regards

K. Bhattacharjee

--- On Sun, 27/12/09, HS Ratti <ratti2@gmail.com> wrote:

From: HS Ratti <ratti2@gmail.com>
Subject: [sharetrading] trading rules
To: sharetrading@yahoogroups.com
Date: Sunday, 27 December, 2009, 9:22 PM

Sometime back.. a gentleman had reqested infoon trading rules and strategy.. icould not reply earlier as I was out..

Here is one example I follow

Simple Rules to Trade Using 5 EMA(LOW-HIGH)

USE EMA -5(LOW) and EMA-5(High) instead of using 5 EMA.

Rules

If the stock/Index trading above 5 EMA(High) - trend is expected to be up with support at 5 EMA(High)and next level of support comes near 5 EMA(low)

If the stock/Index trading in between 5 EMA(low) and 5 EMA(High) trend is expected to be rangebound between 5 EMA
high and 5 EMA low with resistance at 5EMA(high) and suppport at 5 EMA (low)

If the stock/index trading below 5 EMA(low) then price is expected to be trend lower with resistance at 5 EMA low and next level of Resistance comes near 5 EMA(High)

Try applying for both Weekly and Daily Charts to know the exact trend

Its good to Catch the stock/Index at 5 EMA low- EOD with stop loss below 5 EMA-High

Rest its good to look at the 3 month Nifty chart with 5 EMA(High - Low) Indicator.
Also Implemented in our Nifty EOD Tool as displayed in the right corner of the page
to guage the EOD Supports and Resistance

The Amibroker formula to plot the 5 EMA High –low is

_SECTION_BEGIN("5 EMA High-Low");
SetChartOptions( 0,chartShowArrow s|chartShowDates );
_N(Title = StrFormat("{{NAME}} - {{INTERVAL}} {{DATE}} Open %g, Hi %g, Lo %g, Close %g (%.1f%%) {{VALUES}}", O, H, L, C, SelectedValue( ROC( C, 1 ) ) ));
Plot( Close, "Close", ParamColor("Color", colorBlack ), styleNoTitle | ParamStyle("Style") | GetPriceStyle( ) );

Buy = Cross(Close, EMA( High , 5 ));
Sell = Cross(EMA( Low , 5 ),Close);

PlotShapes(IIf( Sell==1, shapeDownArrow, shapeNone), colorRed, 0,High, Offset=-20);
PlotShapes(IIf( Buy==1, shapeUpArrow , shapeNone), colorGreen, 0,Low, Offset=-20);
Plot( EMA( Low,5), "5 EMA LOW",ParamColor("Color", colorBlue ),styleNoRescale) ;
Plot( EMA( High,5), "5 EMA High",ParamColor("Color", colorBlue ),styleNoRescale) ;
_SECTION_END( );

\or you can change it to..

Buy = Cross(Close, EMA( Low , 5 ));
Sell = Cross(EMA( High , 5 ),Close);

hsr