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When to buy deliveries
We take delivery of shares when the shares above the support of
the entire market are more than 50%. Below is the table showing
since January 2001 the shares greater than or less than 50%
above or below the support. At times you will find that this
category changes within a day but technically we cannot help
this situation as we need to have some sort of a stop loss even
for delivery. But when we buy delivery we should try to buy
cash stocks and not stocks which are in options. Also buy those
stocks for delivery which are technically more strong.
When to book profits
The answer to this question is also the
percentage above support. Many a times the percentage falls
below 5 % and sometimes the percentages shoots above 95%. They
indicate oversold and overbought markets respectively. These
markets indicate that positions have be reversed accordingly.
The percentage above support can be received in sms every day at
a moderate fees. If you want the same, please
email us,
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