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  #11 (permalink)  
Old 20-03-2010, 03:55 PM
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bse and nse........both r at bombay.........i have gone there........many a times













nse
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Old 20-03-2010, 04:03 PM
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I also guess so....their main corporate office is in Bombay...in other cities they have only branches....

Quote:
Our Offices
NSE's diverse network ensures that its investors avail of prompt services whenever they might need them. NSE has a presence in all the major cities of the country. The contact addresses of NSE offices, across India are given below.

NSE - Corporate Office
National Stock Exchange of India Ltd.
Exchange Plaza,
Plot no. C/1, G Block,
Bandra-Kurla Complex
Bandra (E)
Mumbai - 400 051.

Tel No: (022) 26598100 - 8114
Fax No: (022) 26598120
E-mail : cc_nse@nse.co.in


NSE - Branch Offices

Ahmedabad
406 Sakar II
Near Ellis Bridge
Ahmedabad - 380 006

Tel No : (079) 2658 0212/ 2658 0213
Fax No : (079) 2657 6123


Chennai
2nd Floor, Ispahani Centre, Door No 123-124,
Nungambakkam High Road,
Nungambakkam
Chennai - 600 034

Tel No : (044) 2833 2500 / 2833 2501
Fax No : (044) 2833 2510


Delhi
4th Floor,
Jeevan Vihar Building
Parliament Street
New Delhi-110001

Tel No: (011) 23344313 to 23344327
Fax No: (011) 2336 6658


Hyderabad
H No.3-6-322
Mahavir House, IInd Floor
Chamber no.203 & 204
Basheerbagh
Hyderabad : 500029

Tel No: (040) 23227084
(040) 23227085
Fax No: (040) 23227086


Kolkata
1st Floor, Park View Apartments
99, Rash Behari Avenue,
Kolkata – 700 029.

Tel No : (033) 4040 0400, 24631802-1805, 24631809-1812
Fax No : (033) 4040 0440, 24631791, 24631806

Source - National Stock Exchange of India Ltd.
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Last edited by rajputz; 20-03-2010 at 04:07 PM.
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Old 21-03-2010, 07:01 AM
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Uptrends

Generally the price of the stock moves up and down in small movement over a period of time. for a few moments it increases suddenly and comes down and again will rise in small amounts and some times large amount alos. we can say that the price of the stock is RISING if it is in uptrend for timebeind. Even though the price is fluctuating by moving up and down, if the price is in uptrend we can say that it has potential to move higher. In the price chart if the successive bottoms are higher then preceding bottoms, THE PRICE IS SAID TO BE IN UPTREND. A line drawn connecting successive bottoms is called uptrend.

The uptrend indicates that for the time being the forces of demand are stronger then the forces of supply and there more buyers for the stock then their are sellers.

In an uptrend the top position have no importance in respect of the establishment of an uptrend. if the successive bottoms are higher then the preceding ones you can conclude that the price of the stock is in uptrend.
For an example consider the example chart from one book: -






UPTREND BREAKTHROUGH
The uptrend may change or reverse at any time and the forces of supply can dominate the forces of demand. when this happens the price trend breaks the uptrend line and moves below the uptrend line.



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Old 21-03-2010, 07:02 AM
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And when there is No Uptrend: -



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Old 21-03-2010, 07:03 AM
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DownTrends

Downtrend is just opposite to the uptrend. Like in uptrend we consider the higher bottoms, In downtrend we consider the Lower Tops. We Connect the First Top with the second Top that has formed at lower then the First. if the second top is lower then The previous one then we may conclude that the Supply has overcome the demand and the price may fall to further down levels. At this moment of Trend we approach the method of Sell at higher and buy at bottom. The given two charts illustrate the Downtrend Formation and breakthrough: -

Downtrend Formation and Breakthrough



We can see in the above chart that downtrend was formed with the second top lower then the previous chart. after following the trend for some time the force of demand overcame the forces of supply and their was a trend reversal. Now it is not sure that it is a trend reversal. Stock may fall at the eod, or may start forming uptrend or no trend at all. but the main theme is that Downtrend has changed. the next pattern whatever the chart forms need to be identified for further trading.
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Old 23-03-2010, 09:34 AM
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Now i am going to introduce the buying and selling method which i have backtested for last 8-9 months. Profit margin in this method is lesser as compared to the advanced trading methods. It requires you to follow the DISCIPLINE in terms of: -

1. Exact Entry as per rule.
2. Exact Exit.
3. Use of Stoploss in every Trade.

and moreover Be emotionless and work like ROBOT.

Detecing the trend: - The firs thing we do is determine the trend either up or down. If the uptrend is formed, then we buy the equity at the start of the second higher bottom or sell at start of the second lower top. For example Consider the chart below. We buy the equity at point C (Second higher Bottom). We let our profit run untill and unless the ongoing price reverses. once the price gets reversed we immidiately exit after taking a profit of 2 Rs.



I consider stoploss using this method to be the Difference between The previous top - Second higher Bottom, in the above case B-C= 2 Rs down.


Why Exit at reverse: - The main motive is to let your profit run and be in riskless trading envirement. Once the price reverses then we cant say where it goes. So if the price reaches 75% of your target and reverses then you should exit immidiately, if it doesnt then let your stoploss hit and stick to discipline. Consider the Figure Below. at D pattern has reversed and you should exit.



Why Stick if Not reached 75%: - Some times the price reverses before the 75% of your target or on a failed uptrend. and moves down toward where you have put the stoploss. it is better to stick at your stoploss rather then exitting at the same price or with fear, because some times the stoploss doesnt get hit and the force of demand again wins the force of supply. Consider the chart below. The main theme is to follow the DISCIPLINE. Either let your profit run and take it. Or let your Stoploss hit. Cause Chances are there that stoploss doesnt get hit.





Stoploss: - In case the price doesnt get reversed then you should let your stoploss hit. and Move on to next scrip and follow the Same discipline.




In the above method, the target that can be achieved is the difference between previous top and second higher bottom. That should be your price target. you should exit immidiately if that happens or 75% of that is achieved. To make it more superior you should enter into the trade only when the least Difference between the top and bottom is more then 0.20% of the scrip price. out of which .08% is taken as brokerage in most cases and rest is your profit.

For Example for a scrip of 400 Rs.(400+0.20%) you should take entery only if the difference between the top and bottom is more then 80 Paisa. if the Volatility or fluctuation is more then 80 paisa then you should enter and exit. if price fluctuation is less then you shouldnt enter, the reason being that all your profit will be gone in brokerage only.

This is the least profit margin you should seek. you should Enter only if it gives you this much else dont. This doesnt mean that you should exit immidiately at that point. It is least. If it is going up then that then let it run and as it reverses you exit.


The above is little confusing so if you dont understand any thing then do ask me.....
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Old 23-03-2010, 09:34 AM
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In all







Viceversa for Sell orders in Downtrend....

I will post the real example of intraday later...
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Old 26-03-2010, 06:28 PM
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Support and Resistance Level Day Trading Technique

The concepts of support and resistance are undoubtedly two of the most highly discussed attributes of technical analysis and they are often regarded as a subject that is complex by those who are just learning to trade.these terms are used by traders to refer to price levels on charts that tend to act as barriers from preventing the price of an asset from getting pushed in a certain direction. At first the explanation and idea behind identifying these levels seems easy, but as you'll find out, support and resistance can come in various forms and it is much more difficult to master than it first appears.

What is Support?

Support is the price level at which demand is thought to be strong enough to prevent the price from declining further. The logic dictates that as the price declines towards support and gets cheaper, buyers become more inclined to buy and sellers become less inclined to sell. By the time the price reaches the support level, it is believed that demand will overcome supply and prevent the price from falling below support.
After a support level is penetrated, it often becomes a resistance level; this is because investors want to limit their losses and will sell later, when prices approach the former level.



What is Resistance?

Resistance is the price level at which selling is thought to be strong enough to prevent the price from rising further. The logic dictates that as the price advances towards resistance, sellers become more inclined to sell and buyers become less inclined to buy. By the time the price reaches the resistance level, it is believed that supply will overcome demand and prevent the price from rising above resistance.
After a resistance level is penetrated, it often becomes a support level; this is because buyers who didn't buy at that price before it went up are now willing to buy at that price.



The concept of SUPPORT AND RESISTANCE is essential to understanding and interpreting the markets. Just as a ball bounces when it hits the floor or drops after being thrown to the ceiling, support and resistance define natural boundaries for rising and falling prices. Support defines that level where buyers are strong enough to keep price from falling further. Resistance defines that level where sellers are too strong to allow price to rise further.


How can Support & Resistant Levels help you make profitable trading decisions?

Identification of key support and resistance levels is an essential ingredient to successful and profitable trading. Being aware of the support and resistant levels of stocks and indices can greatly enhance analysis and forecasting abilities.

If a security is approaching an important support level, it can serve as an alert to be extra vigilant in looking for signs of increased buying pressure and a potential reversal. If a security is approaching a resistance level, it can act as an alert to look for signs of increased selling pressure and potential reversal.

If a support or resistance level is broken, it signals that the relationship between supply and demand has changed. A resistance breakout signals that demand (bulls) has gained the upper hand and a support break signals that supply (bears) has won the battle.
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Old 26-03-2010, 06:31 PM
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Example of Support: -



Example of Resistance: -

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Old 27-03-2010, 12:13 AM
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Excellent initiative bhai ...
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