Both DJI & FTSE are in a range for last 10 days. These indices are moving around the 8 day Moving Average. So We will consider this important level for Long and Short positions.
--------------------------------------------------------------
Dow has 8 Days Moving Average = 8377
If DJI breaks 8377 Go Short or if DJI sustain above 8350 Go Long
Short DJI @ 8300 SL1=8350 SL2 = 8479
Buy DJI abvove 8350 SL1=8350 SL2= 8234
-----------------------------------------------------------------
Dow has 8 Days Moving Average = 4411
Buy FTSE @ 4416 SL1=4398 SL2=4340
---------------------------------------------------------------
Nikkei and Hang Seng are strongly bullish.
Buy Nikkei @9488 SL1=9425 SL2=9382
Buy Hang Seng @ 17885 SL1=17511 SL2 = 17333
Live World Indices Trading Strategy
Wednesday, May 27, 2009
Friday, May 22, 2009
Monday, May 18, 2009
Circuit Limit/Breaker System in Stock Market
Article by - Nitesh Panchal
SEBI has a rule called Circuit Breaker in Stock Market for both Index and Stock specific Circuit Limits. The Circuit filter limit is introduced in intention to reduce the speculations in the market and stock specific trading. There will be two ways a circuit filter applied, upper circuit filter and lower circuit filter. So when buying stocks in the current stock markets you must first learn about the stock market and know the stock market prices and then consider online trading stocks.
Index specific Circuit Filter
Index specific circuit filter applied to either BSE Sensex or the NSE S&P CNX Nifty whichever is breached earlier. Now there are three filters for Index based circuit viz 10%, 15% and 20%.
If either BSE Sensex or NSE S&P CNX Nifty falls 10% before 1.00pm then trading halts for one hour in the market. If index drops after 1.00pm but before 2.30 pm then trading halts for half hour. If the index drops after 2.30pm then there will be no halt for trading at 10% level and market shall continue trading for the remaining time.
If either BSE Sensex or NSE S&P CNX Nifty falls 15% before 1.00pm then trading halts for two hour in the market. If index drops after 1.00pm but before 2.00 pm then trading halts for one hour. If the index drops on or after 2.00pm then there will be no trading for the remaining time.
In case of 20% drop in either of the index then the trading halts for the remaining day.
This percentage of circuit filters are revised after every quarter and new percentages are arrived for the next quarter.
Stock specific Circuit Filter
Stock specific circuit filters are applied in both BSE and NSE index, the percentage for circuit filter limit is 2%, 5%, 10%, 20%. When a stock is on upper circuit limit then there will be only buyers in the market and no seller exists and hence the price is up. On the other hand lower circuit limit is when there are only sellers in the market for that stock and hence the stock price is down.
SEBI has a rule called Circuit Breaker in Stock Market for both Index and Stock specific Circuit Limits. The Circuit filter limit is introduced in intention to reduce the speculations in the market and stock specific trading. There will be two ways a circuit filter applied, upper circuit filter and lower circuit filter. So when buying stocks in the current stock markets you must first learn about the stock market and know the stock market prices and then consider online trading stocks.
Index specific Circuit Filter
Index specific circuit filter applied to either BSE Sensex or the NSE S&P CNX Nifty whichever is breached earlier. Now there are three filters for Index based circuit viz 10%, 15% and 20%.
If either BSE Sensex or NSE S&P CNX Nifty falls 10% before 1.00pm then trading halts for one hour in the market. If index drops after 1.00pm but before 2.30 pm then trading halts for half hour. If the index drops after 2.30pm then there will be no halt for trading at 10% level and market shall continue trading for the remaining time.
If either BSE Sensex or NSE S&P CNX Nifty falls 15% before 1.00pm then trading halts for two hour in the market. If index drops after 1.00pm but before 2.00 pm then trading halts for one hour. If the index drops on or after 2.00pm then there will be no trading for the remaining time.
In case of 20% drop in either of the index then the trading halts for the remaining day.
This percentage of circuit filters are revised after every quarter and new percentages are arrived for the next quarter.
Stock specific Circuit Filter
Stock specific circuit filters are applied in both BSE and NSE index, the percentage for circuit filter limit is 2%, 5%, 10%, 20%. When a stock is on upper circuit limit then there will be only buyers in the market and no seller exists and hence the price is up. On the other hand lower circuit limit is when there are only sellers in the market for that stock and hence the stock price is down.
Tuesday, May 5, 2009
Your Feedback awaited for this system
Please email me if you like this swing trading system to vmahavir@gmail.com
Subscribe to:
Posts (Atom)
