|
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,
|