Sensex

Wednesday, December 30, 2009

RE: [sharetrading] R.Com

 

I guess the remarks for telcom sector rules for this too. But this has some troubles with the govt depts.. hence better to avoid for time being. Still since you are invested, I would say do not average unless it has dropped by 50%. Since the qty is small, forget about it and throw money at scrips which are moving upwards…………

 

Abe

 

From: sharetrading@yahoogroups.com [mailto:sharetrading@yahoogroups.com] On Behalf Of Krishnadas Bhattacharjee
Sent: Tuesday, December 29, 2009 1:10 PM
To: Share Trading
Subject: [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



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Posted by nsivaa at 3:18 AM

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