tag:blogger.com,1999:blog-1149152227980228556.post1048783320939857843..comments2009-10-06T22:32:30.116+05:30Sudarshan Sukhanihttp://www.blogger.com/profile/04872255827781271211noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-1149152227980228556.post-2592292686475366752009-10-06T21:26:46.795+05:302009-10-06T21:26:46.795+05:30Sir,<br /><br />As shown is your chart attached IDEA made a Swing Low of 63.30 on week ended 17-07-2009 and yet made another swing low of 72.25 on week ended 14-08-2009 which was the SL as per my analysis for longs which were initiated after breaking Swing High of 82.80 on week ended 28-08-2009.<br /><br />If it closed below 72.25 or say 72 then it will be bearish. <br /><br />I can not understand on what basis you are saying that IDEA is buying on dips. In my view such dips are not entry points for longs.amitkbaid1008http://www.blogger.com/profile/08099388357135150792noreply@blogger.comtag:blogger.com,1999:blog-1149152227980228556.post-42533547799770184012009-10-06T14:13:24.799+05:302009-10-06T14:13:24.799+05:30Why buy weakness. Even on the weekly charts, there is a clear lower top lower bottom. As for oversold, we saw the smoothed CCI go to 180 (we are now at 100). Sorry sir, I do not agree with you. If you buy weakness, you also become weak.Jagdishhttp://www.blogger.com/profile/02162440540602326845noreply@blogger.comtag:blogger.com,1999:blog-1149152227980228556.post-75542852672521429942009-10-06T12:03:54.274+05:302009-10-06T12:03:54.274+05:30Sir,<br />What about the telecom sector as a whole? <br />Thanks<br />ShaziaShaziahttp://www.blogger.com/profile/13716011626547860090noreply@blogger.comtag:blogger.com,1999:blog-1149152227980228556.post-5768666770546451202009-10-06T09:19:12.180+05:302009-10-06T09:19:12.180+05:30I am also a bit suprised at idea buy call.<br />Sure it can go to 75-76 levels but it is a short oppurtunity there rather then a buy oppurtunity here.<br /><br />I will be really suprised if this stock goes any furthur up then 75-76 level.<br /><br />Looking at charts, yes it has not broken the pivot low till now, but it has not broken the pivot high also after making that pivot low.<br />This implies weakness.<br />So probability of breaking that pivot low increases.<br />Also analysis based on single indicator is not useful i guess.Tusharhttp://www.blogger.com/profile/04177724584786477437noreply@blogger.comtag:blogger.com,1999:blog-1149152227980228556.post-47628263765253001942009-10-06T00:25:07.318+05:302009-10-06T00:25:07.318+05:30Hi Sudharsanji,<br /><br />Which is better Intra day trading or swing trading..gouravhttp://www.blogger.com/profile/16172273016530262983noreply@blogger.comtag:blogger.com,1999:blog-1149152227980228556.post-775126972365305722009-10-06T00:14:11.017+05:302009-10-06T00:14:11.017+05:30hello ji,<br />this is regarding wat an idea sirji!!<br />looking at the daily charts,idea had made a low ofapprox 73 on aug 10,which then moved up to 75 on 15 aug.hence the stop should have been 72-73.it had also given a weakening signal around the 76-77 levels.<br />this is what my analysis is.<br />i would have cleared my positions around 76-77 range but a close below 73 is a breakdown for me with a stop of 74.<br />is it possible for 2 people to have contrasting views and still make money?pl comment on my views as i am new to t.a.<br />here are 3 different views<br />1)ur view of going long<br />2)going short below 77<br />3)breakdown below 73<br />which one to take and with wat time frame?<br />hoping to get a reply from u sir<br />take caresuseemhttp://www.blogger.com/profile/16405693772097841772noreply@blogger.com