Please visit the below link for CSV data from 1999 - upto date.
Click here for CSV data
***This blog is the only blog/website where you will find the AmiBroker AFL Code Writing tutorials. ***In the Learning Zone, you will find lots of tutorials on Share Chart Reading, Chart Analysis, Money Management Policy, etc. ***We will also discuss the Dhaka Stock Exchange (DSE).
Friday, September 30, 2011
Tuesday, September 27, 2011
APEXTANRY
If we look at the chart we can see that it has got a strong support. Need some volume to move the share. We can keep it in our watch list.
Please note that this analysis/chart does not mean that (1) I'm holding this share, (2) I've an intension to buy it, (3) I'm suggesting you to buy it. by JC
DSEGEN INDEX
If we look at the chart, we find that the price(Index point) has been broken the Downward Slopping Channel. It's a very good sign.
If we look at the volume chart, it has also broken the 15 days WMA. If we compare it with previous few days' volume, we can say- it's positive. Really, is it positive? Today, INDEX has been increased more than 200 point. Now, we can compare the today's increased index point with today's volume which is less than 550 crore. Is it little bit imbalance? Tarpor-o I'm happy. Volume ta ar ektu barley ar ektu beshi khusi hotam.
BTW, What will be happen tomorrow? Nobody knows except Almighty Allah. I'll just tell you some story of possibility.
(1) Some people will take profit.
(2) Some people who have come to break even will try to get out. And
(3) We will see some fresh buy.
=> If the no. 3 (Fresh buy) can capture the no. 1 (profit taker) and 2 (break even trader), we will see a positive end.
=> If 1 and 2 win but volume is low, it's a positive sign and later on, most probably end of this week, we will able to see a pullback.
Finally, I've tried to draw two resistance lines. But first we need to break the psychological resistance level (6000) that we will face tomorrow. Allah Hafiz.
Sunday, September 25, 2011
Why don't you be your own Portfolio Manager
Why don't you be your own Portfolio Manager.... Different people may have different view regarding their portfolio design. No problem. We may share our view. I'm sharing my view with you.
How I organize my Portfolio :
1) 20% of my total amount I invest for long term.
2) 20% of my total amount I invest for mid term.
3) 40% of my total amount I invest for short term gain.
4) 20% of my total amount I keep as Cash.
I also follow the below rules strictly :
How I organize my Portfolio :
1) 20% of my total amount I invest for long term.
2) 20% of my total amount I invest for mid term.
3) 40% of my total amount I invest for short term gain.
4) 20% of my total amount I keep as Cash.
I also follow the below rules strictly :
- I always put Trailing Stop-Loss.
- I never invest more than 20% of my money in any individual stock.
- I never invest more than 40% of my money in any sector.
- If I find the market is going to wrong, I withdraw all of my money and then wait for a suitable time for re-investment.
Saturday, September 24, 2011
Relation of Price and Volume : Part 3
Price fall with strong volume : When the market is hit by major negative news, price fall with strong volume, generally we call it Panic Selling (We already saw it 2-3 times in January, 2011 in our market, DSE). In this situation seller are so afraid that s/he don't mind selling their stocks at lower price. These panic selling activities are usually short-term, but they will certain have an impact to the stock trend and investors confidence.
Finally, at least 3 precondition required to say Panic Selling : 1) Market needs to hit by major negative news, 2) Huge price fall and 3) Large volume.
If anybody tells you that panic sell has been started, I hope, you will test the news by the above 3 condition. by JC
Finally, at least 3 precondition required to say Panic Selling : 1) Market needs to hit by major negative news, 2) Huge price fall and 3) Large volume.
If anybody tells you that panic sell has been started, I hope, you will test the news by the above 3 condition. by JC
Question and Answer
Dear Visitor(s), If you would like to ask any question regarding share, pls. feel free to ask me in the comments box. I'll try to show you the color of Black and the color of White so that you can make a decision.
DSEGEN INDEX (Weekly Update)
DSEGEN INDEX (Weekly Update) : Before discussion pls see the below data :
DSEGEN INDEX:
Sep 22, 2011 : 5652
Sep 15, 2011 : 5966
Difference (Point) : -314 (-5.56%)
VOLUME:
This week average : 3477132000
Last week average : 3265408000
Difference (Taka) : 211724000 (6.09%)
If we compare this week with last week, we find that General Index has fallen -314 point (i.e. -5.56%) and volume has increased a little bit i.e. approx. 21 crore.
Now, please look at the Chart 1. Index is still below the BB mid band and staying in the below channel which is extremely bearish.
Na, Sob kishu sesh hoye jai ni. Pls. hotash hoben na and look at the Chart 2. I've tried to draw a Support Zone. Char dik theykey good news ashchey. Ei jatray eta sustain korey kina amra dekhtey pari.We should watch this Support Zone and react accordingly.
If we watch the last candlestick in the Chart 1, we found that it has formed a "Doji" which is a powerful candlestick formation that refers to indecision between bulls and bears. Usually, we found it at the top or bottom of a trend and thus is considered as a sign of possible reversal of price direction. I hope, this time we found it at the bottom. Sometimes, it is a sign of continuation of a trend.
If you read my last week DSEGEN INDEX (Weekly Update), you need not read the below writing except last paragraph.
What should we do now :
=> If you are a position taker, you should use your previous experience and then put your stop-loss as per your loss bearing ability.
=> If you are holding share not cash, please tighten your stop-loss. Pls. don't be emotional, be mechanical.
=> If you are holding 50-50 share and cash, pls closely monitor the market as well as tighten your stop-loss.
=> If you are holding most of your cash, I know you are well smart to know what to do. Just closely monitor the market.
Finally, "Your money, Your decision". No need to follow others advise specially in share market. Just try to learn and use your knowledge. Your learning will lead you to success. In shaa Allah.
by JC
DSEGEN INDEX:
Sep 22, 2011 : 5652
Sep 15, 2011 : 5966
Difference (Point) : -314 (-5.56%)
VOLUME:
This week average : 3477132000
Last week average : 3265408000
Difference (Taka) : 211724000 (6.09%)
If we compare this week with last week, we find that General Index has fallen -314 point (i.e. -5.56%) and volume has increased a little bit i.e. approx. 21 crore.
Now, please look at the Chart 1. Index is still below the BB mid band and staying in the below channel which is extremely bearish.
Na, Sob kishu sesh hoye jai ni. Pls. hotash hoben na and look at the Chart 2. I've tried to draw a Support Zone. Char dik theykey good news ashchey. Ei jatray eta sustain korey kina amra dekhtey pari.We should watch this Support Zone and react accordingly.
If we watch the last candlestick in the Chart 1, we found that it has formed a "Doji" which is a powerful candlestick formation that refers to indecision between bulls and bears. Usually, we found it at the top or bottom of a trend and thus is considered as a sign of possible reversal of price direction. I hope, this time we found it at the bottom. Sometimes, it is a sign of continuation of a trend.
If you read my last week DSEGEN INDEX (Weekly Update), you need not read the below writing except last paragraph.
What should we do now :
=> If you are a position taker, you should use your previous experience and then put your stop-loss as per your loss bearing ability.
=> If you are holding share not cash, please tighten your stop-loss. Pls. don't be emotional, be mechanical.
=> If you are holding 50-50 share and cash, pls closely monitor the market as well as tighten your stop-loss.
=> If you are holding most of your cash, I know you are well smart to know what to do. Just closely monitor the market.
Finally, "Your money, Your decision". No need to follow others advise specially in share market. Just try to learn and use your knowledge. Your learning will lead you to success. In shaa Allah.
by JC
Subscribe to:
Posts (Atom)