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psalm
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Joined: 12 Nov 2011
Posts: 5368
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Post: #31  Posted: Mon Feb 06, 2012 11:12 am Post subject: |
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| psalm wrote: | I have tried a different method to analyze the data today....As per that the order of bullishness is as follows:
RELINFRA
NTPC
UNITECH
ICICIBANK
DLF
BHEL
ONGC
SBIN
SUZLON
RELIANCE
NIFTY
HDFC
HINDUNILVR
LT
TATASTEEL
INFY
RCOM
STER
BHARTIARTL
IMPORTANT: This is just experimental. Please dont follow this.
Sam |
As per this, its better to take profit in Bharti Airtel, Sterlite, Infy, Tata Steel and LT.
Also, one may buy the stocks Reliance Infra, NTPC, ICICI Bank, BHEL, DLF if it corrects. |
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psalm
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Joined: 12 Nov 2011
Posts: 5368
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| Post: #32 Posted: Mon Feb 06, 2012 2:54 pm Post subject: |
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| psalm wrote: | | psalm wrote: | I have tried a different method to analyze the data today....As per that the order of bullishness is as follows:
RELINFRA
NTPC
UNITECH
ICICIBANK
DLF
BHEL
ONGC
SBIN
SUZLON
RELIANCE
NIFTY
HDFC
HINDUNILVR
LT
TATASTEEL
INFY
RCOM
STER
BHARTIARTL
IMPORTANT: This is just experimental. Please dont follow this.
Sam |
As per this, its better to take profit in Bharti Airtel, Sterlite, Infy, Tata Steel and LT.
Also, one may buy the stocks Reliance Infra, NTPC, ICICI Bank, BHEL, DLF if it corrects. |
Bharti has fallen from a high of 394...trading around 387 now.
Sterlite is trading around 124....the high made today is above 127...
Tata Steel is trading around 463....The high made is 478....
The high made by Infy is around 2810....trading around 2770 now....
L&T IS TRADING around 1375 now....the high made today is 1397 |
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vinay28
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| Post: #33 Posted: Mon Feb 06, 2012 2:57 pm Post subject: |
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vinay28
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| Post: #34 Posted: Tue Feb 07, 2012 10:10 am Post subject: |
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vinay28
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| Post: #35 Posted: Tue Feb 07, 2012 10:12 am Post subject: |
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| files 2 & 3 |
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psalm
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Joined: 12 Nov 2011
Posts: 5368
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| Post: #36 Posted: Tue Feb 07, 2012 10:39 am Post subject: PCR |
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As per the PCR data provided by Vinay, I have created a list of the stocks according to their bullishness. It is as follows:
UNITECH
BHEL
STER
DLF
SBIN
SUZLON
NTPC
LT
ONGC
TATASTEEL
RCOM
RELINFRA
NIFTY
RELIANCE
ICICIBANK
BHARTIARTL
INFY
HDFC
HINDUNILVR
As per this list, one should think about buying the stocks Unitech, BHEL, STER, DLF....buying on dips would be better....
However, the stocks are HINDUNILVR, HDFC, INFY and BHARTIARTL are stocks which you must book profit if they go up.
SAM |
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psalm
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Posts: 5368
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| Post: #37 Posted: Wed Feb 08, 2012 10:23 am Post subject: |
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| psalm wrote: | | psalm wrote: | I have tried a different method to analyze the data today....As per that the order of bullishness is as follows:
RELINFRA
NTPC
UNITECH
ICICIBANK
DLF
BHEL
ONGC
SBIN
SUZLON
RELIANCE
NIFTY
HDFC
HINDUNILVR
LT
TATASTEEL
INFY
RCOM
STER
BHARTIARTL
IMPORTANT: This is just experimental. Please dont follow this.
Sam |
As per this, its better to take profit in Bharti Airtel, Sterlite, Infy, Tata Steel and LT.
Also, one may buy the stocks Reliance Infra, NTPC, ICICI Bank, BHEL, DLF if it corrects. |
From the time this thread was started by Vinay, I have been bearish (from the PCR data) on Bharti Airtel....Look at the stock now.....made a high of around 400 a few days back...now made a low around 354.....that means down by around 12% where the nifty hasn't gone anywhere.... |
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vinay28
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Posts: 11748
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| Post: #38 Posted: Wed Feb 08, 2012 10:24 am Post subject: |
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but are you making money? if not, what's the point in my posting?  |
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psalm
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Posts: 5368
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| Post: #39 Posted: Wed Feb 08, 2012 10:32 am Post subject: |
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| vinay28 wrote: | | but are you making money? if not, what's the point in my posting? |
I didn't short it vinay....but If i were LONG in that, I would have definitely been out....I was just warning people holding Long in Bharti...By the way, I'm looking for Buying opportunities now....  |
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psalm
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Joined: 12 Nov 2011
Posts: 5368
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| Post: #40 Posted: Wed Feb 08, 2012 3:21 pm Post subject: |
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| psalm wrote: | | psalm wrote: | | psalm wrote: | I have tried a different method to analyze the data today....As per that the order of bullishness is as follows:
RELINFRA
NTPC
UNITECH
ICICIBANK
DLF
BHEL
ONGC
SBIN
SUZLON
RELIANCE
NIFTY
HDFC
HINDUNILVR
LT
TATASTEEL
INFY
RCOM
STER
BHARTIARTL
IMPORTANT: This is just experimental. Please dont follow this.
Sam |
As per this, its better to take profit in Bharti Airtel, Sterlite, Infy, Tata Steel and LT.
Also, one may buy the stocks Reliance Infra, NTPC, ICICI Bank, BHEL, DLF if it corrects. |
From the time this thread was started by Vinay, I have been bearish (from the PCR data) on Bharti Airtel....Look at the stock now.....made a high of around 400 a few days back...now made a low around 354.....that means down by around 12% where the nifty hasn't gone anywhere.... |
Another Jewel....Reliance Infra....bounced back from a low of 540....currently trading around 595.... |
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amit0666
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Joined: 23 Jun 2010
Posts: 86
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| Post: #41 Posted: Wed Feb 08, 2012 8:03 pm Post subject: |
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vinay sir sam sir
how we use these data for trading and how we identify buy sell and profit booking plz clearify |
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vinay28
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Posts: 11748
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| Post: #42 Posted: Wed Feb 08, 2012 8:53 pm Post subject: |
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| sam is best placed to explain amit |
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psalm
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Posts: 5368
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| Post: #43 Posted: Wed Feb 08, 2012 10:00 pm Post subject: PCR data |
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| amit0666 wrote: | vinay sir sam sir
how we use these data for trading and how we identify buy sell and profit booking plz clearify |
Hi Amit,
As everyone knows PUT/CALL Ratio (PCR) is nothing but the ratio of Total number PUTs divided by Total Number of CALLs. So, when more number of PUTs are written, the PUT/CALL ratio will be more than 1. People write more PUTs when they are bullish about the stock. PUT/CALL ratio of more than 1 means market players are more bullish about the stock than bearish. Also, if the PUT/CALL ratio is less than 1, it means more CALLs are being written. That shows that players are more bearish about that particular stock or index. These are simple information. I just wanted to sort them out by using last day's values and also the value of the day before that. So, I have decided to use the data as explained below. I have no idea if this method is a useful one. But I felt by doing so, i can sort the stocks in an efficient way.
Vinay has been giving the PCR of a few stocks. He was providing the data of the last day's trade and also, the day before that. What I have done is that I have divided the PCR of last day by the PCR of the previous day. Suppose PCR on tuesday of a particular stock is 1.5 and that on wednesday is 1.2. Then what I'll be doing is that I'll divide 1.5 by 1.2. You'll get a value of 1.25. Similarly, I'll find the values of all the stocks. If you know how to use Excel sheet, its pretty simple. After calculating the values of all the stocks, I'll sort them in descending order. The one with largest value will be more bullish. This is one way of analyzing the PCR data.
Vinay had given another set of values in that same document. It as nothing but the 5-day EMA of the PCR values. You can do the same calculation using the last day's data and 5-day EMA. After calculating the values you can sort them like we did earlier. This is another way of using the PCR data. The values calculated using the 5-day EMA will show a trend rather than a day's data. So, this will give another dimension to the Market Pulse.
What I had done on the last day was to experiment a bit with both these values. I have multiplied both the set of values and calculated a new set of values. I have sorted the list after that. I have done that because I felt the new values will reflect both the latest trend as well as the prevailing trend. As per the list I have created, I got Reliance Infra as the most bullish stock and Bharti Airtel as the most bearish stock by that list. Look at the way those stocks have behaved today.
Regards,
SAM |
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vinay28
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Posts: 11748
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| Post: #44 Posted: Wed Feb 08, 2012 10:11 pm Post subject: |
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| sam, are you saying that you multiplied ratio of pcr with ratio of ema of pcr? if so, good. |
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psalm
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Joined: 12 Nov 2011
Posts: 5368
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| Post: #45 Posted: Wed Feb 08, 2012 10:18 pm Post subject: |
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| vinay28 wrote: | | sam, are you saying that you multiplied ratio of pcr with ratio of ema of pcr? if so, good. |
I'll explain it by an example....
Suppose the PCR of TUESDAY is A and that of Monday is B
I'll find the ratio, R1, of these two first.
R1 = A/B
Suppose 5-day EMA of the PCR is C, I'll calculate the change with respect to that, R2....
R2 = A/C
Now we have R1 and R2 of all the stocks. I'll multiply R1 an R2 for each stocks. I'll get a new value. I'll then sort the stocks according to this new value. This is what I have used last time.
Regards
SAM |
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