iCharts Discussions

[vinst]

Manav,

I stiil could not learn how to use slowD along with rsex. Suppose rsex shows bullish cross above its ema, should slowD also be just going up? or there is something else to be seen on slowD?

regards,
vin

[Manav]

Hi Vinst

For swing/ intraday trading using Slow D and RSEX use 60 min charts (Use 60 min timeframe to get the overall trend and then u can trade by 10-15 min charts accordingly, going in the wave which 60 min chart reflects).....Whenever Slow D comes below 20 and start rising above 20 then it gives a LONG signal..similarly when it crosses 80 and comes down from 80 levels it gives SHORT signal..

Whenever this crossover happens in synch with RSEX crossover, this gives more strength to the trend which one can trade long or short..This gives a BIG opportunity in the trend and no need to get out of the trade too early !!!!

RSEX and Slow D are teo different parameters for trading..Slow D gives a nice signal for Overbought/ Oversold region by 80/20 levels..If RSEX crossover happens between 20-80 Slow D points, go with RSEX..Slow D to be avoided by scalp traders please...Instead they can use Fast D to get immediate trend signals...

( U can check Slow D realiability more clearly here---)
http://finance.yahoo.com/echarts?s=%5ENSEI#chart8:symbol=^nsei;range=ytd;indicator=ke_it+ke_ud+stochasticslow;charttype=candlestick;crosshair=on;ohlcvalues=1;logscale=on;source=undefined

[vinst]

Manav,

thanks a lot.

Look at BHEL EOD chart.

regards,
vin

[sharetiger]

i entered long swing in BRFL,,,,4 days back..a wonderfull buy and running in a gud profit..........

and im going to initiate buy in
IFCI Ltd
Punj Lloyd Ltd
Andhra Bank Ltd
Balrampur Chini Mills Ltd
Bharat Forge Ltd
Biocon Ltd
GMR Infrastructure Ltd
Polaris Software Lab Ltd
try to diversify...........
i had divided my swing capital into 8 equal parts..and entering into these scrips........on monday..........

[sajuparackal]

Hi SH,

Thanks a lot for helping traders by providing valuable information...two charts jetairways & hcc...seems buyers are back again,rsex signal coupled with volume action...next week should be interesting.

[Manav]

Hi all,

Check the Sensex Trading range in two yellow lines...I guess Support and resistance both are getting to these levels..RSEX is also giving a LONG signal here..If optimistic (stays aboce 8000 levels) it gives 1st Target of 10500 !!!! (I guess u must be thinking I hv gone mad for these levels !!!)

rgds

[Stockhunter]

Sharetiger - Yes 30 mins can also be used however number of trades generated intraday using 30 mins TF are less.

Manav - yes most of the stocks have given a bullish signal on RSEX along with Nifty .. since Nifty has given a signal but its not in oversold zone, we can still see some fall... in stocks i would like to buy stocks which are in oversold zone (like IFCI and HCC) and are reversing since a small move in Nifty will results in larger jumps in these stocks.

Saju - yes HCC and jet also looks good.

I forsee a dip this week for 2600-2650 levels and hope RSEX will still be bullish till then .. that will be a place to add more longs .....

Cheers
SH

[professor]

stock hunter which chart program u are using for 30 min charts? where can one get interactive financial charts from ?

[sajuparackal]

Hi,
Hindpetro...bulls in charge..?? Rsex signal with volume support...lets see what happens next.

[Stockhunter]

[Stockhunter]

This is how 30 mins RSEX has faired on NF in last 2 days.....

Cheers
SH

[sajuparackal]

Hi,
Pateleng...ready for up move ...? Well, Rsex signal coupled with volume action.

[rhldashing]

[sajuparackal]

Hi,
Godrejind...watch out this one...Rsex signal with volume. Recent rsex signal picks --Jetairways--38%(4days),HCC-10%(4days),Hindpetro -Stop Hit,Pateleng-5%(1 day),these are just sample picks .. salute to SH & Rsex

[Stockhunter]