Welcome Guest
Sign Up
 Home






Login to post new message on Learning Section
Topic: Learning Section

View Profile
Title: IT'S EITHER RED OR BLUE
From : Dipa Acharya at 10:51 AM - Jun 27, 2009 (257 days ago)

Total Views: 36

MANY OF THE MEMBERS MAY LAUGH AT IT....   BUT THE BELOW MENTIONRD FACTS DO HELP A COMMON TRADER TO TO RECOGNISE THE TREND,   IF IT IS UP OR DOWN.     I HAVE SEEN THIS WORK MOST OF THE TIMES.  JUST CHECK THIS OUT ONCE.

THOSE WHO USE A TRADING TERMINAL MUST BE FAMILIAR WITH TWO COLOURS RED AND BLUE

RED IS SEEN WHEN THE PRICE OR THE FIGURE SUCH AS  LTP.OFFER, BID BUY/SELL QUANTITY  CCOMES DOWN
BLUE IS SEEN WHEN THE PRICE OR THE FIGURE SUCH AS LTP, OFFER, BID BUY/SELL QUANTITY  GOES UP
THESE COLOURS KEEP ON CHANGING FROM RED TO BLUE  AND BLUR TO RED THROUGH OUT THE SESSION. I HAVE OBSERVED IN A FALLING MARKET YOU WILL SEE MORE RED THAN BLUE AND IN A RISING MARKET MORE BLUE THAN RED. SOME MAY LAUGH AT IT. BUT YESTERDAY IT WAS ALL BLUE I MEAN I SAW MORE BLUE THAN  RED AND YOU KNOW THE RESULT.  THIS IS  MORE LIKE A THUMB RULE. ADD RIL, ONGC, SBIN, BHARTI, ICICIBANK, INFOSYSTCH AND SOME OTHER INDEX MOVERS AND SEE HOW RED AND BLUE PLAY. ESPECIALLY  WATCH DURING TREND REVERSAL INTRADAY. AT LEAST IF YOU SEE ALL RED IN THE SCREEN, DO NOT GO FOR A BUY. AND PARTICULARLY  WATCH  LTP AND AVERGAE PRICE

VIEWS OF MEMBERS ARE WELCOME.

THE ABOVE IS FOR INFORMATION PURPOSE ONLY

DEEPA ACHARYA





In Reply to above Message (1 to 15 out of 28)

View Profile
From : Baljeet Singh Sandhu at 11:07 AM - Jun 27, 2009 (257 days ago)

DA...My personal exp. is that, especially during noon hrs, if the mkt is trading above the ATP for 15 - 20 mins i go long with a SL of 30 points and if trading below ATP line I go short with SL of 30 points and 95% times I am successful. This is how i drive my Blue and Red Line....I keep Nifty , Mini Nifty and Reliance on screen.....For the first time i came across Mudra in June and startedtrading in options on the calls given by M.Ramesh( Total loss of 80,000)..Otherwise I was very happy with my above trading strategy.Now iam left with 20000/- Monday onwrds iam again restarting my Blue and Red Line concept to recover my losses.....




View Profile
From : Dipa Acharya at 11:11 AM - Jun 27, 2009 (257 days ago)

THATS A VALID POINT BALJEET




View Profile
From : Dipa Acharya at 11:12 AM - Jun 27, 2009 (257 days ago)

AND NEVER DO NAKED OPTIONS




View Profile
From : Hemant Parikh at 11:16 AM - Jun 27, 2009 (257 days ago)

I DONT LIKE RED COLOUR EVER...I LIKE ONLY BLUE....SO I CHANGE BLACK COLOUR FRM RED...




View Profile
From : Dipa Acharya at 11:17 AM - Jun 27, 2009 (257 days ago)

YOU MEAN BALCK AND BLUE




View Profile
From : Raj Motwani at 11:18 AM - Jun 27, 2009 (257 days ago)

dipaji what is atp?




View Profile
From : Hemant Parikh at 11:19 AM - Jun 27, 2009 (257 days ago)

YES ALWAYS




View Profile
From : Amit Chopra at 11:19 AM - Jun 27, 2009 (257 days ago)

Thanks Dipa Mam for sharing personal experience of RED & BLUE, it gives the broad idea about the direction of the market.




View Profile
From : Baljeet Singh Sandhu at 11:20 AM - Jun 27, 2009 (257 days ago)

DA...what happened is i got much impressed with the Mudra members...the first day i got a excellent call on nifty and i got carried away. B4 this i was writing on Trader bhai, but due to bad admin trader bhai has become porn bhai .Anyway  i am finding good friends on this site and more happy to note genuine friends on this site. I wish all the success to the Mudra team and its members...




View Profile
From : Raj Motwani at 11:22 AM - Jun 27, 2009 (257 days ago)

can anyone explain me what is atp?




View Profile
From : Baljeet Singh Sandhu at 11:27 AM - Jun 27, 2009 (257 days ago)

RM....Its Average Trade Price....and u will get this on ur trading terminal




View Profile
From : Raj Motwani at 11:30 AM - Jun 27, 2009 (257 days ago)

thankyou baljeet sir




View Profile
From : Mahesh Khamitkar at 11:37 AM - Jun 27, 2009 (257 days ago)

Yes Dipa I am fully agree with you. I track the market by keeping the order of Nifty fut, RIL, ONGC, INFY, LT, ICICI bank, Rel capt.SBI if you keep all these counter on the screen you can easily identify the trend of the mkt and as per that we can trade.




View Profile
From : Rajesh Jindal at 12:00 PM - Jun 27, 2009 (257 days ago)

dipa ...i call this a trading trick to catch the trend ....i hve a quiry about this ...plz clear how long we watch more red or more blue for a successful decsion .




View Profile
From : Snehkrisha V at 12:27 PM - Jun 27, 2009 (256 days ago)

dipaji....GOOD INFORMATION..from u...thak u.



1 to 15 out of 28 | First | << Previous | Next >> | Last |
(1) 2
Login to Reply



Previous on Learning Section >> TECHNICAL ANALYSIS ( HEMANT ) (2)

Previous on Learning Section >> Where to put stop loss in day trading? (Js) (9)

Previous on Learning Section >> THIS IS MY PAGE --RAMESH (68)

Previous on Technical Calls >> Long Term Nifty Daily Chart - Bhikka Modi (5)

Previous on General Discussion >> WE ALL \ 11 Mar \ Tomorrow Market (61)

Next on General Discussion >> safe healthy strategy from any reliabie source welcomed (8)

Next on General Discussion >> pls explain what change in nifty now (3)

Next on Technical Calls >> IFCI (2)

Next on Technical Calls >> INTRDAY PICKS.. 26-06-09-8 (2)

Next on General Discussion >> THANKS MUDRAA (18)









Disclaimer: The messages and ideas posted on this website are user's own views. we do not own any responsiblity for the information provided by the users.Data delayed 15 to 20 minutes unless otherwise indicated.