Disclaimers: This is completely a Knowledge based and Doesn't Contain any "Buy/Sell Tips".Stocks mentioned in this article are not to be viewed as recommendations for buying or selling."They are experiments" and they can move in either-way.
Monday, January 16, 2012
Thursday, January 12, 2012
Geometric Ltd: what did i say?
What did i say?
It is around a month i had told that Geometric Ltd will go into a correction and head for a higher high. yes my dear friends i was right and the stock moved as i had predicted.
What's new?
there is nothing new for know. nor i had posted this to predict a reversal nor continuation. just to say that i am right.
Monday, January 9, 2012
Friday, January 6, 2012
what's my plan for 2012?
From last December I have been studying a unique subject in
psychology. Today I have completed a month studying that topic. Today I am back
with my plan for 2012. Even though it was ready last December but not properly designed.
What are the special
things, I am doing for this year?
In this year, I am going to complete chapter 9,10,11,13&18
of my book(TA of the FM, by Jhon.J.Murphy). Which cover moving average, Elliot
wave theory and all indicators.
Along with it
I had committed to know about F&O last year itself. One
of my friend have promised to get to know something about it. Even though it is
not my special interest, but it is part of my expedition.
Something regarding
my experience with Technical Analysis in 2011
Many people have misconception regarding TA calling it “statistics”
with lots of formulas,rules etc etc.. But TA is bit unique form statistics. You
can call TA as applied statistics. TA have few set of indications, which mean
if a particular sequence happen then the market react in defined way. TA is
nothing related to picking your calculator. It is the type of analysis which is
used in stock market to understand/ predicts market scenarios. It helps us to understand
market sentiments, behaviour and reaction.
“I always go red when my
fellow friends say. Do technical analysis fail?”
There is nothing called as failure of technical analysis. What
really fail, is your analysis. Technical analyses really say the present scenario
of market. And you predict future by some trendlines, indicators, oscillator, parameters
and some patterns.
Even I had a big “? Mark” in my head
I was in a state of confusion
for over 6 to 7 months. Even I clearly didn’t knew about it. Day by day, 1 by
1, little by little stated knowing things what I had never knew
As said
“Rome
was not built in a day”
Even I can’t have a burger in a single bite
Into ATMA
ATMA is an association which provide an umbrella link for all
those people who are having interest towards TA. It not only provides an education
it provide a unique social networking where many people share there analysis (those
are not money making tips, those are knowledge making tips).
“A new year with new ambition, enthusiasm, a mission heading
for a change”
Tuesday, January 3, 2012
Tata Motors: Breakout in Symmetrical Triangle
I was looking for this for more than 15days month. Know we
have seen a positive breakout in the Symmetrical Triangle. As this is my 1st
time working on symmetrical triangle I don’t want to take any risk. I have gone
with a stop loss of 184 and hooked Tata Motors
I have started working on targets.
“I hope my measuring technique is correct. I feel it’s
better to use fib lines to identify the resistance of Tata Motors”
Thursday, December 29, 2011
Tata Steel: Regular Bullish Divergence
No one trusted me when i told i found a reversal. I am still bullish. the reason to be bullish is because we have seen some divergence in TATASTL. we may expect some positive sentiments in market.
Hear tata stl is making LL, but MACD is making HL. As the divergence is not strong. we need to play with "Caution"
statuary warning: Go with a Stop Loss. As I have told you "I am not playing for Profit, I am playing for my EGO". profit doesn't matter. you are picking a stock with downtrend. so risk is very high.
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