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Hi Kfactor!!
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Posted by : KFactor at 19: 22 (10th Jul 05)
Replied to marketdoubts | message
Dear marketdoubts, Stochastic Oscillator is a momentum indicator that shows the location of the current close relative to the high/low range over a set number of periods. Closing levels that are consistently near the top of the range indicate accumulation (buying pressure) and those near the bottom of the range indicate distribution (selling pressure).
The raw stochastic is computed as the position of today's close as a percentage of the range established by the highest high and the lowest low of the time period you use.
George C. Lane recommended using 5 to 21 periods.
A 14-day (or 21-day) %K (14-period Stochastic Oscillator) would use the most recent close, the highest high over the last 14 days (or 21-days) and the lowest low over the last 14 days (or 21-days). The number of periods will vary according to the sensitivity and the type of signals desired. 14 is a normal of period for calculation.
The raw stochastic (%K) is then smoothed exponentially to yield the %D value. These calculations produce the original (or "fast") stochastics.
%K = 100 [(C - L5 ) / (H5 - L5)]
where: C is the latest close, L5 is the lowest low for the last five days, and H5 is the highest high for the same five days
%D = 100 x (H3 / L3)
where: H3 is the three day sum of (C - L5) and L3 is the 3-day sum of (H5 - L5)
Because %K is a percentage or ratio, it will fluctuate between 0 and 100. A 3-day simple moving average of %K is usually plotted alongside to act as a signal or trigger line, called %D.
Stochastics reading is more important
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Posted by : KFactor at 19: 27 (10th Jul 05)
Dear marketdoubts, in stochastics analysis, readings below 20 are considered oversold and readings above 80 are considered overbought. However, George Lane did not believe that a reading above 80 was necessarily bearish or a reading below 20 bullish.
A security can continue to rise after the Stochastic Oscillator has reached 80 and continue to fall after the Stochastic Oscillator has reached 20. Lane believed that some of the best signals occurred when the oscillator moved from overbought territory back below 80 and from oversold territory back above 20.
Buy and sell signals can also be given when %K crosses above or below %D. However, crossover signals are quite frequent and can result in a lot of whipsaws.
One of the most reliable signals is to wait for a divergence to develop from overbought or oversold levels. Once the oscillator reaches overbought levels, wait for a negative divergence to develop and then a cross below 80. This usually requires a double dip below 80 and the second dip results in the sell signal.
For a buy signal, wait for a positive divergence to develop after the indicator moves below 20. This will usually require a trader to disregard the first break above 20. After the positive divergence forms, the second break above 20 confirms the divergence and a buy signal is given ...
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Yes, I remember this post. ...
In reply to:
MMB Archives, Simple TA by Dark Horse
Posted by :
radhika_nandlal
3X13=39
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Posted by : Dark Horse at 14: 28 (8th Jul 05)
I want to address a question commonly asked by investors and traders new to technical analysis and trading systems, "What is a good simple system to follow, to get in and out of markets?".
Most people are comfortable with the herd, market rumours, broker tips, etc. But by confirming your trading decision with the help of this trading system, you will be on the way to more profitable trading.
This simple and robust trading systems will not only identify trends, but will also provide you with entry and exit trading signals.
The Trading System
Remember the numbers 3 x 13 = 39
Simple daily moving averages of 3,13 and 39 can keep you in and out of markets fairly efficiently and profitably, (in any time frame actually). Here's how.
Some basic principles to understand are:
-The market moves in long (secular) trends.
-Intermediate trends can last for months to years.
-Short term trends can last for days to weeks.
-Trade intermediate trends in either direction.
-Trade short term trends only in the direction of the intermediate trend.
Proxies:
3 Day MA - a proxy for price
13 Day MA - a proxy for the short term trend (a moving trend line)
39 Day MA - a proxy for the intermediate trend (a moving trend line).
The Basics of MAs
MAs lag market reversals at tops and bottoms, the larger the MA the longer the lag period, the shorter the MA the shorter the lag but the more frequent the whipsaws. MAs work well when markets trend but get frequently whipsawed when they are in a range.
Therefore, trade trends with the MAs but do not trade ranges using MAs. Just stand aside and be patient until a new trend emerges.
The intermediate trend is in the direction of the 39 MA which acts like a moving trend line. If the 39 MA is pointing up then the intermediate trend is up, if down the trend is down. If the 39 MA is horizontal the market is in a range, from which a trend will, sooner or later, emerge.
Simple Trading Rules
1. When the 39 MA is moving up buy when the 3 MA crosses up over the 13 MA. and/or when the 3 MA crosses above the 39 MA.. When the 13 MA crosses above the 39 MA consider adding to your long position. Exit and stand aside when the 3 crosses back below the 13 MA..
2. When the 39 MA is moving down sell short when the 3 MA crosses below the 13 MA. and/or when the 3 MA crosses below the 39 MA.. When the 13 MA crosses below the 39 MA consider adding to your short position. Exit and stand aside when the 3 MA crosses back up over the 13 MA.
3. Only initiate trades in the opposite direction of the intermediate trend when the 3 MA crosses above or below the 39 MA, preferably after the 39 MA has already changed direction.
4. This 3:13 MA crossover will keep you trading in the trend with only a small lag and on the sidelines during corrections. The lag only becomes more substantial at reversals of the intermediate trend (a 3:39 crossover), a small price to pay at these uncertain times of trend transition.
You can set your technical analysis sofware to show bar charts with these 3X13x39 simple MAs. This trading system will help you select the best traders while avoiding the less profitable trades in choppy markets.
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investors
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Posted by : sainik at 19:20 (11th Mar '05) in reply to Oldtimer | message
dear OT,
1. only an experienced trader with the 'right' dose of skepticism can make money in the market.
2. in my experience in the stock market, i have met hundreds of traders and investors.
in the first meeting,most of the traders have glorious sucess stories to narrate.
when i probe deeper, they confess that, their losses are more than their profits !!!!
the same case with investors too !!!!.
3. it is a given FACT that of the 100 players in the market only 5 people ever make money .
this statement holds good, across time, across markets, across investors, across trading systems.
there are studies done by big brokerage houses who have branches across the world .
i had once pointed out a link to such a study in my earlier posting on MMB.
4. and i can say with confidence, that people who play on TIPS, will lose 100 % of the time , EVENTUALLY.
5. the market is like a CASINO. once u win , it becomes very difficult to exit. this is a FACT.
6.playing on TIPS is like gambling. how many successful gamblers have u seen ???.
of course some gamblers win fabulous amounts at times , but what happens eventually.???
7. just today my friend was describing to me of an investor, who had invested about 5 lakhs in the 1990s and bought 25, 000 shares of software solutions.
when in early 2000, SSIL crossed rs.5000, my friend advised him to SELL. that guy waited . SSIL crossed 7500 and my friend looked like a fool.
at rs 5000, that guy was worth 12.5 CRORES !!!
at rs 7500 he was worth 18.7 CRORES.!!!!.
when it crashed to rs 2000, again my friend advised him to sell. even then he would have got 5 CRORES .
he finally sold at rs 80 !!!!.
this is a true story .
8. i can give u any number of such true incidents.
9, finally, only the patient investor who invests in good companies after doing his homework will win. e.g investor in infosys
10. only an astute trader who takes away his winnings regularly from the table wins.
there are such patient investors and astute traders, but they are not in that large number as u think.
TECHNOLOGY OR TRADING SYSTEMS CANNOT CONQUER GREED OR FEAR.
cheers [Sensex:6853.73 Nifty:2154]
Current Rating : (5)
Market Analysis - Technical View Market View Post new message
Total Messages: 1140
BOOKING LOSSES!!!
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Posted by : tektrader at 23:00 (11th Mar '05) in reply to sainik | message
Dear Mr.Sainik,
I have read some of your recent posts and i have seen telco fall from 570 to 71 and Tisco to 65, I have survived the gr8 HM 1994, have seen the bear mkt which lasted till nov 1998 when reliance too came to double digit after having placed equity to UTI at 340 odd and have survived the tech bubble though not entirely unscathed. One thing i have learnt you should be greedy in booking profits that is try and ride a profitable position as far and as long as possible and more important is to be ruthless in cutting your losses!! had the people been more ruthless in cutting losses they wud not have been stuck with pentas and ssi bought at 2000 and 5000 all the way into double digits!!! If u have to survive in these markets u need to learn how to book a loss and live to fight another day!!! soon peoples courage is going to be tested !! All and sundry join the markets mostly at the peak but few remain past the trough and miss the next crest!! You rightly pointed out that there are only two types of traders in the markets the BOLD and the OLD u wont find an OLD BOLD TRADER!! no sir never!! right now we have a lot of bold traders lets see how many will survive to become OLD traders!! [Sensex:6853.73 Nifty:2154]
Market Analysis - Technical View Market View Post new message
Total Messages: 1140
No Set Formula !!
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Posted by : goldchest at 00:49 (12th Mar '05) in reply to tektrader | message
tektrader --- I am happy to know that you are a very experienced Investor having cut your teeth since the HM period of 1992.Congrats on having survived and thrived.Since I bought my first SHARE in 1980 I will put you in my own category.The reason I am forced to make this post is to point out a basic contradiction in your message.Your sentence -- {should be greedy in booking profits that is try and ride a profitable position as far and as long as possible and more important is to be ruthless in cutting your losses}.How on Earth can you do BOTH ??If you Buy a stock at RE 10/- how long will you ride it.Till 50,100,500,1000,5000 or 10000.??When will you start putting a STOP LOSS in place -- at 50,100,500,1000,5000 or 10000??Lets say you decide to put a SL in place having reached 50 --- will the SL BE PLACED AT 45 OR AT 15?Please note that once you have a SL in place[trailing SL TO PROTECT PROFITS]you will be closed out sooner rather than later.You cannot make the long journey UP all the way to the TOP with a trailing stop loss ----- NEVER EVER.Let me quote 2 examples from my own Investment archive -- 1). I bought Satyam in 1994 good quantity at RS 51/- with full faith and no intention to SELL.By 2000 it reached 7000 RUPEES after 1:1 Bonus.When should I have put a Stop Loss ---- at 100,500,1000 or 5000 ??By the time I baled out after the Tech Crash I realised a paltry Rs 2500/-.Was I a FOOL or was I wise?Case 2.)By 2001 I was a wiser man.Whenever I bought a stock after deep study and for long term investment I always fixed STOP LOSSES --- If stock fell 30% below my cost I QUIT.Once in profits trailing SL would be applied.I bought in decent QTY Sesa Goa at 97,Tata power at120,Tisco around 75 and Telco at 68.In Sesa Goa my SL got triggered at 68.Trailing SL closed me out of Tisco at around 125,Tata Power at 170,Telco at 115.Was I an ARSEHOLE to keep trailing Stop Loss or should I have rode the full journey and sell it when it goes back to double digits some time in the Future.??Friend --- their is no tried and tested formula.Either you throw caution to the wind and ride your luck OR have Stop losses and STOP both your Losses and Profits.Good Night !! [Sensex:6853.73 Nifty:2154]
Market Analysis - Technical View Market View Post new message
Total Messages: 1140
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Posted by : SoftTrader2 at 12:37 (12th Mar '05) in reply to sainik | message
Sainik, You and OldT produce interesting discussion points, so sane and without prejudice that I think the money oriented fools on MMB will miss it. If they dont, then the 5% wont benefit...LOL!
COming to your excellent example. The truth about life is that it is Vectorially the same for everyone. (I hope you know what is a Vector. IN simple terms it is a straight line between two points without going around to other points)
The two points in Life vector are (as you guessed it) birth and death. Death is a leveller and you can notice that when the guy bought at 20 (5lakhs/25K) and sold at 80. Very few can do better. I bet VERY FEW.
So the way with life is that one should save what he needs not more. IN other words, if you cant spend your money then why save it? Money is needed to realize life, not for others to realize you are special. Most INdians believe in the latter. So they will respect a foolish billionaire and not a poor Professor.
It is not just stock market that your example is true about. It is true in real estate, in jobs etc.
Software employees are paid so much that many idiots right from Asst. Profs in IITM and recently a Doctor and many CAs have shifted to this field. I exited this when I knew that salaries cant go up the way it did in my times (almost 30% cumulative growth, 100 times in 16 years!).
You will be amused by my prediction. In another 10 years a SW professional a typical NIIT guy will be on par with your plumber, electrician etc. Infact they are at the same level of intellectuality and just the demand supply has made them look big. They will soon be where they deserve to be. Check out my prediction in 2015. [Sensex:6853.73 Nifty:2154]
Current Rating : Not Rated...
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Q
Will i look like an oldie amongst youngsters? I am wondering..
UQ
Been there, done that....
In reply to:
Past history bias
Posted by : radhika_nandlal
Will i look like an oldie amongst youngsters? I am wondering.. wherever i go these days i am the old hag and the ODD ONE OUT.. okay you let me know i wil think it over.
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3X13=39
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Posted by : Dark Horse at 14: 28 (8th Jul 05)
I want to address a question commonly asked by investors and traders new to technical analysis and trading systems, "What is a good simple system to follow, to get in and out of markets?".
Most people are comfortable with the herd, market rumours, broker tips, etc. But by confirming your trading decision with the help of this trading system, you will be on the way to more profitable trading.
This simple and robust trading systems will not only identify trends, but will also provide you with entry and exit trading signals.
The Trading System
Remember the numbers 3 x 13 = 39
Simple daily moving averages of 3,13 and 39 can keep you in and out of markets fairly efficiently and profitably, (in any time frame actually). Here's how.
Some basic principles to understand are:
-The market moves in long (secular) trends.
-Intermediate trends can last for months to years.
-Short term trends can last for days to weeks.
-Trade intermediate trends in either direction.
-Trade short term trends only in the direction of the intermediate trend.
Proxies:
3 Day MA - a proxy for price
13 Day MA - a proxy for the short term trend (a moving trend line)
39 Day MA - a proxy for the intermediate trend (a moving trend line).
The Basics of MAs
MAs lag market reversals at tops and bottoms, the larger the MA the longer the lag period, the shorter the MA the shorter the lag but the more frequent the whipsaws. MAs work well when markets trend but get frequently whipsawed when they are in a range.
Therefore, trade trends with the MAs but do not trade ranges using MAs. Just stand aside and be patient until a new trend emerges.
The intermediate trend is in the direction of the 39 MA which acts like a moving trend line. If the 39 MA is pointing up then the intermediate trend is up, if down the trend is down. If the 39 MA is horizontal the market is in a range, from which a trend will, sooner or later, emerge.
Simple Trading Rules
1. When the 39 MA is moving up buy when the 3 MA crosses up over the 13 MA. and/or when the 3 MA crosses above the 39 MA.. When the 13 MA crosses above the 39 MA consider adding to your long position. Exit and stand aside when the 3 crosses back below the 13 MA..
2. When the 39 MA is moving down sell short when the 3 MA crosses below the 13 MA. and/or when the 3 MA crosses below the 39 MA.. When the 13 MA crosses below the 39 MA consider adding to your short position. Exit and stand aside when the 3 MA crosses back up over the 13 MA.
3. Only initiate trades in the opposite direction of the intermediate trend when the 3 MA crosses above or below the 39 MA, preferably after the 39 MA has already changed direction.
4. This 3:13 MA crossover will keep you trading in the trend with only a small lag and on the sidelines during corrections. The lag only becomes more substantial at reversals of the intermediate trend (a 3:39 crossover), a small price to pay at these uncertain times of trend transition.
You can set your technical analysis sofware to show bar charts with these 3X13x39 simple MAs. This trading system will help you select the best traders while avoiding the less profitable trades in choppy markets.
Current Rating: Not Rated ...
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Will i look like an oldie amongst youngsters? I am wondering.. wherever i go these days i am the old hag and the ODD ONE OUT.. okay you let me know i wil think it over....
In reply to:
Past history bias
Posted by : Oldtimer
It costs Rs 15 K only. But admissions this year are over :( The course started on August 18. We just missed it. The classes are 3 days a week in the evening (5-8). I am thinking of inquiring anyway, to see if they take late admissions. How about you?
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hi,in the wake of the new developments wat will be the impact on our
bourses? i feel tomarrow sensex can move up by 500 to 900 points
becos it can create a lot of jobs in the near future and fresh investment of billions of dollars.i dream in the
next 100 years india will change 80% vehicles to electric then the polution will be less than today.it is rediculous in the part of
left front opposing this landmark treaty....
In reply to:
N DEAL
Posted by : calculus
It is the only clean energy alternative in the medium term (50 years)
The much hyped sloar/wind alternatives are at best supplements to the major source of energy, which at the moment is fossil based & hugely polluting. The earths atmosphere cannot sustain this level of pollution for long without catastrophic consequences, which will be felt in the next few decades.
Nuclear energy is a stop gap till we find a clean & sustainable alternative.
Hopes have been pinned on several sources, the most promising being 'nuclear fusion' (the opposite of nuclear fission on which todays nuclaer energy is based). Nuclear fusion is the the way the sun & stars produce their energy.
Experimental reactors (small) have & are being tested in the western world. In 1997 for the fist time scientists were able to get more energy out of a fusion reactor than was required to run it.
This is a very small step to the global energy freedom.
It will be decades before a commercial workable reactor can be erected. Several decades more before it becomes the norm .
India cannot participate in this research because of the embargo on India for 'dual use' technology.
So although the nuclear deal will solve India energy problem, but it will be through participation in new technologies being, which is only possible if we are cleared by NSG to get access to newest technologies in the energy feild.
The govt cannot explain such a complicated matter to the population at large, hence the ruse of populists slogans.
The N deal is cruicial fir India in more ways than one.
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Analysing strategies
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Posted by : aadithya at 15:24 (11th Mar '05)
Note : Please copy the contents to notepad and set font to courier new. point 10. This will show the graph properly.
I am not going to discuss anything new. Its for those who have not seen this before or those who have seen this and could not make out what it meant.
For analysing strategies, you first need to understand the relation between the worth of a position with respect to price movements.
Futures :
The value of a future position is directly propotional to its underlying stock value. Thus for a change in value of underlying price, you would have a propotional change in the value of the future position.
If you are long, with every increase in value of the future, you will have increase in your profit(decrease in loss ;-D ).
If you are short, with every increase in value of the future, you will have decrease in your profit(increase in loss ;-D ).
Profit
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|------------------------------ Price
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Fig. 1 shows the relation of a short future.
Options :
a) Call
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| /
| /
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|-------1-/2-------------------- Price
| /
|_______/
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Fig. 2 shows the realation of price difference of a long call.
Point 1 is the strike price and point 2 is the breakeven price.
In a long call, the maximum loss would be the premium paid. This happens when the value of the underlying goes below your strike price.
For a short call, the graph is inverted. Unlimited loss and gain limited to the premium recieved.
b) Put
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|------2-1------------------------ Price
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| ___________
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Fig. 3 shows the realation of price difference of a long put.
Point 1 is the strike price and point 2 is the breakeven price.
In a long put, the maximum loss would be the premium paid. This happens when the value of the underlying goes above your strike price.
For a short put, the graph is inverted. Unlimited loss and gain limited to the premium recieved.
Cash :
Futures and cash segment have the similar relation vis. a vis. the fluctuations in price.
---------------------
How to analyse?
Plot the graphs as mentioned above with price on x axis and profit on y axis. This will help you in visualising at what range and in what probability you stand to gain or what is your maximum loss.
Hope you find this useful.
Happy investing....
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See christuniversity in The name of the course is Educational guidance and counselling.
...
In reply to:
Past history bias
Posted by : radhika_nandlal
How much is the course, shall we attend together?
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It costs Rs 15 K only. But admissions this year are over :( The course started on August 18. We just missed it. The classes are 3 days a week in the evening (5-8). I am thinking of inquiring anyway, to see if they take late admissions. How about you?...
In reply to:
Past history bias
Posted by : radhika_nandlal
How much is the course, shall we attend together?
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India Inc hails NSG waiver, sees $40 bn potential----------------------NEW DELHI: As many as 400 Indian and foreign firms are seen as the beneficiaries of the far-reaching verdict in Vienna on Saturday where the 45-member Nuclear Suppliers Group (NSG) decided to resume civilian nuclear commerce with India.
India's apex industry bodies, which have hailed the decision, also feel that the country can now attract over $40 billion in foreign investment over the next 10-15 years as the result of private sector entry into India's nuclear power generation.
"The go-ahead to the nuclear deal will signal the building of scores of nuclear plants in India on assured fuel supply," said Amit Mitra, the secretary general of the Federation of Indian Chambers of Commerce and Industry (Ficci).
"This will trigger the participation of 200 firms with capabilities to operate, and maintain nuclear plants - but put on the Entities List by the US in 2005 for perceived possession of technologies for nuclear plants or dual-use technology."
That list has since been pruned to about four, giving the 200-odd companies full play in nuclear power production.
"We expect another 200 medium and small firms to get into the act as ancillary producers to the big companies, thereby giving a new direction to efficient and cheaper power production in the country," Mitra added.
The NSG's decision to grant India a clean waiver from its existing rules, which forbid nuclear commerce with any country, which has not signed the Nuclear Non-Proliferation Treaty (NPT), came at its meeting in Vienna Saturday afternoon.
The historic moment, which will end more than three decades of nuclear isolation for India, came after three days of intense diplomacy by the US and India in the nuclear cartel that controls the global flow of nuclear fuel and technologies.
“Today’s development is a major confidence-building move for the international community to engage with India especially in high technology trade," said Chandrajit Banerjee, director general of the Confederation of Indian Industry (CII).
"It will provide opportunity for Indian manufacturers to supply spares and components to the global manufacturers of nuclear power plants besides providing business opportunities for Indian power plant construction companies."
The Associated Chambers of Commerce and Industry (Assocham) that had conducted a survey among 300 chief executives recently also says that 400 firms - domestic and international - may get a chance to build nuclear power plants.
An overwhelming 85 percent of the 300 chief executives polled held the view that modifications to India's Atomic Energy Act of 1962 could help the country to generate some 20,000 MWe (unit of nuclear power) by 2020.
The modification - which the chamber suggested should be immediate by way of a presidential notification - is necessary to facilitate the entry of the private sector in nuclear power generation.
The act and the decades of India's nuclear isolation had resulted in capping the country's nuclear power generation capacities to an extent of just 3,900 MWe in over 60 years of independence.
As a result, out of a total installed generation capacity of about 145,000 MW of electricity, 70 is accounted for through thermal fuel and 20 percent by hydro, with nuclear energy contributing to just two percent.
The remaining capacities come by tapping the various sources of non-conventional energy such as solar, wind, biomass and tidal waves.
Following the NSG waiver, the India-US nuclear deal will head for the US Congress, which meets Sep 8 to discuss and approve the 123 India-US bilateral pact to seal the negotiations that were started more than three years ago.
The two countries are expected to formally sign the bilateral agreement when Prime Minister Manmohan Singh goes to Washington towards the end of September, eventually restoring nuclear trade with the US after a gap of 34 years.
The US and the rest of the world imposed economic sanctions when India first conducted its nuclear test in 1974.
DNA................................
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How much is the course, shall we attend together?...
In reply to:
Past history bias
Posted by : Oldtimer
I just saw that Christ college offers a 6 month part time certificate course. If you get any other place let me know.
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clarification
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Posted by : aadithya at 19:22 (08th Feb '05) in reply to marketdoubts | message
MD, i like the question you ask .... it makes me think differently ... thnks ...
You are right in saying that a straddle is a strategy where you buy a call and a put at the same epiration and same excersice price.
But you are wrong in saying that the two transactions nullify each other.
Consider the following example.
Infosys trading at 2000.
You buy a call of 1975 @ premium 30
You buy a put of 1975 @ premium 15
Your total cash outflow = 45 / contract
Your total risk = 45/contract
Consider the following cases :
Infosys at expiration day trades at 1900
Your call is worthless, but you will have 30 /contract as profit for your put.
Infosys at expiration day trades at 2100
Your put is worthless, but you will have
80 /contract as profit for your call.
Infosys at expiration day trades at 1975.
Both your call and put are at-the-money and thus no profit.
-------------------------------------------------
To buy a contract you need to have a seller. The seller of the contract is called the writer of the option.
When the contract is terminated pre-maturely and the buyer asks the seller to buy or sell the contract, that is called excercising of a contract.
You can buy or sell a contract in as is form without excercising. Whereby, you treat it as any other money instrument.
The difference between an american and an european style option contract is that in an american style option, you can excersice the contract before its expiry date, whereas in an european one, you cannot.
Hope that clears all your doubts.
Current Rating : Not Rated...
In reply to:
MMB Archives, Straddle Versus Strangle by
Posted by : radhika_nandlal
TO DRRAJESH
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Posted by : Oldtimer at 10: 13 (13th Jul 05)
Replied to marketdoubts | message
Buying a straddle or a strangle are identical, the only difference is in the risk/reward ratio and the probability of success.
Buying a straddle / strangle means buying one CALL and PUT option.
Buying a straddle means buying a CALL and a PUT at the same strike price with the same expiration date. Usually this strike price is at the current price of the underlying.
The Nifty is now at 2220. So the ideal straddle to buy would be the
Nifty- 2220 CALL and the Nifty 2220 PUT.
As these may have problems of low volumes, you can settle for the
Nifty-2200 CALL and the Nifty 2200 PUT.
The data given is for the 2200 Nifty CALL and PUT. The premium at which tese contracts would have been available today morning is given below:
Nifty 2200 CALL Premium - 46.35
Nifty 2200 PUT Premium - 29.00
Look at these premium of these two contracts and see how it varies with changes in the underlying (Nifty).
Current Rating: (5)
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I just saw that Christ college offers a 6 month part time certificate course. If you get any other place let me know....
In reply to:
Past history bias
Posted by : radhika_nandlal
okay i will tell you... is it for you or someone else?
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Bullish Momentum
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Posted by : STRATEGY at 12: 29 (17th Jul 05)
Explanation
Stocks hitting year highs on more than 150% of 10-day average volume are strong and indicate very strong buying interest. Increasing volumes indicate increase in the number of participants(buyers) in the stock. There are many breakout players in the market who come in at this time. These stocks can sometimes have very swift upmoves.
Signal: VERY BULLISH Reliability: HIGH
----
Search Criteria 'YH = HIGH AND VOLUME greater than 1.5 * AVGVOL10'
Symbol Close Prv Close Chg(%) High Low Volume
ITI 62.85 58.10 8.18 64.60 58.90 15501516
ESCORTS 109.20 105.05 3.95 109.95 104.50 5650816
APTECHT 79.60 66.30 20.06 79.60 67.80 5100594
FOURSOFT 61.85 51.85 19.29 62.25 52.10 4240123
HINDOILEXP 168.20 158.65 6.02 174.55 158.80 2694584
GICHSGFIN 45.80 44.55 2.81 52.90 45.50 1741902
RKFORGE 90.80 81.85 10.93 93.95 82.00 1715606
INDIAINFO 94.50 95.10 -0.63 98.35 94.00 1502822
ZENITHCOMP 34.40 28.75 19.65 34.50 28.55 1163578
DHANBANK 41.35 42.75 -3.27 46.75 41.00 1161346
MRO-TEK 61.75 55.55 11.16 62.75 56.00 1103834
MANGTIMBER 30.90 28.60 8.04 31.40 28.10 925264
BHARTISHIP 194.80 200.95 -3.06 214.00 191.10 923371
AZTEC 132.65 130.60 1.57 136.00 129.10 724727
CINEVISTA 49.10 41.25 19.03 49.50 41.25 689023
GOLDTELE 17.75 16.10 10.25 17.75 16.50 463739
SANDESH 182.70 152.25 20.00 182.70 159.00 384068
SPLLTD 77.20 71.30 8.27 81.90 71.40 382552
I-FLEX 868.25 823.85 5.39 875.00 818.00 378810
GREAVESCOT 174.50 165.90 5.18 175.70 166.95 363670
PREMIER 46.10 43.80 5.25 46.90 44.60 360500
HERITGFOOD 108.25 98.45 9.95 108.30 99.05 303433
TORRENTAEC 253.10 210.90 20.01 253.10 213.00 227055
RALLIS 336.55 355.90 -5.44 391.75 333.00 208533
EASUNREYRL 184.50 166.95 10.51 194.60 166.75 202397
...
