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BUY BOB>311.1,320,327 sl 308 what is the meaning? i think If BOB is greater than 311.1 buy it, it will reach 320, 327. Stop loss 308, I am correct.
BUY BOB>311.1,320,327 sl 308 and how did you calculate this kindly explain
ksvsmanian: You have found the anwer yourself and you are perfectly correct. Regards
how did you calculate this? let me explain please
Ksvsmanian: You have understood the concept that when Bank of Baroda crosses 311.1 go ahead and buy and let it achieve the targets 320,327 with stop loss 308 i.e. exit if it breaks and touches 307.9 to avoid large loss.
how u exactly arrive this figure? on what basis you are calculating this and what method is used here please explain.
Ksvsmanian: You can get these details by using the pivot calculator available at http://
indianstocksignal.blogspo...calculator.html. Regards
Thanking you sir for your reply ,I am Mcom., I want to learn more about Share market( both Technical and fundamentals) can you recommend usful course for me please.
Hi Analyst How do your read the out comes of the pivot table What does R1, R2, R3 stand and what is the pivot point and what are S1, S2 and S3.
What is your email ID?
Dear Vidyadhar,
That Pivot Charts indicates the level on which you can buy, let me explain you in detail.
The floor pivot points, presented in the first column of the calculation results table, are the most basic and popular type of pivots used in Forex trading technical analysis. The pivot point is interpreted as the primary support/resistance level - the point at which the main trend will be born. First-third level resistance and support points serve as additional indicators of possible trend reversal or continuation. The rules to calculate floor pivot points are quite simple:
Pivot (P) = (H + L + C) / 3
Resistance (R1) = (2 X P) - L
R2 = P + H - L
R3 = H + 2 X (P - L)
Support (S1) = (2 X P) - H
S2 = P - H + L
S3 = L - 2 X (H - P)
Hope you understood. If you have any query you can discuss in this blog. We are under a professional analyst's blog. He guides us so well.
Shums: Thanks for explaining better than me. You can also add explanation for all the abbreviated alphabets like H, L,C etc. Regards
Anonymous: You can read abc-Stock-Market.blogspot.com from very first post and I can assure you that by the time you reach the last post you would be amply clear and in case you intend having a professional course than do keep an eye for all those advertising with headings like learn stockmarket working: 6 Months Course in Stocks Learn Online About Stocks. Get Good Job/Start Own Trading! Apply, risk free return huge profits live trading teaching, secure future Option pro Dr. Terry Allen reveals 4 trading strategies. Regards
Pleasure Sir,
Its all because of your blogs and initiative to research more on Indian Stock Market.
Vidhyadhar: H(High), L(Low) & C(Close).
Sir,
I want your advice for tomorrow's intraday. Shall I trade on RPL, HDIL, ICICI Bank, RCom & Tata Steel, as these were the top volume as per share and turnover?
Shums: Top volume is one of the criterion for trading. Best is to sit with cash and do nothing. My advice follow only those tips suggested by me as they have been seen on charts. Do not feel that you will miss an opportunity and BSE NSE opens its doors for earning every day. Presently state is such that one can lose due to bull and bear operator fight. regards
Thank you Sir,
But I made a little money today, by following top moving stock rule. I lost in many other scrip and I hope its not only me, may be so many have lost today, I didnt lost much as I followed one of your rule, that we must buy 10 stock for every 10Rs fall.
Anyway Sir, I want to ask you about Unitech Ltd, Suzlon & IVRCL, why these stocks falls so heavily today or shall we must buy it for short term as these stock falls 51.29%, 39.23% & 29.12%?
ksvsmanian: Please excuse, I publish links only for Indian stock market. Regards
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