Umesh Dave
View Profile

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

Umesh Dave at 08:31 AM - Jan 22, 2018 ( ) Views: 737

1 1

 

 

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


(1 to 4 out of 4) - Latest Replies on Top | First | << Previous | Next >> | Last |
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

1 to 4 out of 4

Login to participate in discussion.



Top Gainers

JAIN IRRIGATION SYSTEMS 24.25 4.55 (23.10%)
SPL INDUSTRIES LIMITED 45.00 7.50 (20.00%)
SHRIRAM EPC LTD. 8.25 1.20 (17.02%)
R. S. SOFTWARE (INDIA) LI 23.00 2.75 (13.58%)
TRIB BHIMJI ZAVERI LTD 40.80 4.60 (12.71%)
PRICOL LIMITED 33.20 3.70 (12.54%)
GVK POW. & INFRA LTD. 6.15 0.65 (11.82%)
YES BANK LIMITED 115.05 11.85 (11.48%)
DEWAN HOUSING FIN CORP LT 70.15 7.15 (11.35%)
VASCON ENGINEERS LTD 15.20 1.45 (10.55%)



Top Losers

AGARWAL INDS CORP LTD. 100.50 -25.10 (-19.98%)
UNIPHOS ENTERPRISES LTD 81.00 -12.35 (-13.23%)
EON ELECTRIC LIMITED 25.00 -3.60 (-12.59%)
SAKUMA EXPORTS LIMITED 16.95 -1.85 (-9.84%)
GRAPHITE INDIA LTD 363.45 -39.20 (-9.74%)
B.L.KASHYAP & SON LTD 9.75 -1.05 (-9.72%)
ARROW TEXTILES LIMITED 13.05 -1.30 (-9.06%)
UPL LIMITED 870.25 -80.05 (-8.42%)
MSP STEEL & POWER LTD. 6.80 -0.60 (-8.11%)
WEIZMANN FOREX LIMITED 383.00 -32.75 (-7.88%)