Umesh Dave
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52 week ( High + Low ) ( Umesh ) ( 22-01-2018 - Mon )

Umesh Dave at 08:31 AM - Jan 22, 2018 ( ) Views: 748

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Dear My Dear All Mudraa Family Members,

 

-  Recently I was just going through the official Website of N S E India,

   and while going through a Scrip of a Blue Chip Co. I found out that the difference between the 52

   week  High + 52 week Low of that scrip was approximately 40 %.

 

-  Out of just human curiosity, I checked some 20 scrip ( Large Cap + Mid cap + Small cap )and found

   out that for all scrip the difference was more than 20 % .

 

-  Now  my simple question is , Des this means that when any scrip goes 20% down from the 52 week

    High , one can start accumulating it. Whether this strategy will work for a real

    long term investor / Trader ?

 

-  Please Comment + suggest.

-  One can  check any scrip in the N S E website, Link is given here :-

 

 

https://nseindia.com/live_market/dynaContent/live_watch/get_quote/GetQuote.jsp?symbol=RELIANCE&illiquid=0&smeFlag=0&itpFlag=0

 

Warm Regards


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Umesh Dave at 07:11 AM - Jan 09, 2019 ( )

 

 

Dear Venu Gopaal Ji,

- Sorry for late reply........ Someone was sick in the family and I could not log in MUDRAA.

 

- https://nseindia.com/live_market/dynaContent/live_watch/get_quote/GetQuote.jsp?symbol=TATASTEEL&illiquid=0&smeFlag=0&itpFlag=0

 

- Click the above link and you will get QUOTE of the TATA STEEL in NSE website.

 

- 52 week High is = 748.11 and 52 week low is 479.55 ...... Difference between the High and Low is aprox. 36 %..........This Low was made just 5 days back on 04-Jan-2019........ Yesterday's ( 08-Jan-2019 = Tue ) closing was 491.35, whioch is very near to its 52 week low.

 

- It is not only with TATA STEEL. you can check any scrip and you will find a difference of 20 % to 40 % between the 52 week High and 52 week Low,

 

- Now I have 2 simple question.......... (1.) Can a Long Term Investor

  ( Not a Trader ) start accumulating such stocks near its 52 week low.

 

 (2.) If any stock is below 20 % of its 52 week high, can I start

     accumulating it ?

 

- I hope now you will understand the query.

 

Warm Regards

Venu Gopaal at 12:20 PM - Jan 06, 2019 ( )

i am not understand clearly how calculate that 40% or 20 percent close price to @20 or 40 or ?

Venu Gopaal at 12:20 PM - Jan 06, 2019 ( )

i am not understand clearly how calculate that 40% or 20 percent close price to @20 or 40 or ?

Umesh Dave at 08:35 AM - Jan 22, 2018 ( )

 

 

- Next Few days I will be busy in taking care of my elder brother ( who is in hospital due to Cardiac Problem ),

   I may not be able to part actively in this thread.

 

- However, Please suggest + comment.

 

- Whenever I will get time, I will also log in to MUDRAA and participate in this thread.

 

Warm Regards

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