HOW to ...selection of overbought / oversold stock.help me out...i am new.canif_rajiv?
Answers: there are multiple methods
i like channels that i fit to a stock's trend
above a rising channel is likely overbought
below a falling channel is likely oversold
ob/os usually is corrected within two trading days
however, there is nothing that says an oversold stock can't become more oversold.
Forget overbought/oversold.
Read, 'The Trading Rule that can make you rich" by Ed Dobson, available from Traders Press.
hi, canif_rajiv. you have to study more on MACD means moving avarage convergent and divergent. in this charts macd in negative it mean oversold and vice versa. Try it in www.ichart.in and www.buzzingstocks.com.
Where can one obtain price past history on stock options?
Answers: You will probably have to pay for this information.
There are so many strikes for each stock and so many contract months, then calls vs puts, that the volume of data is overwhelming. It is just too much to be made available for free.
Anyone using options is probably a trader, and traders pay for their data; the market knows we will pay. No easy alternative.
I have invested in MF. I have some more funds to invest. Should I select from earlier one or go for NFO?
Answers: Titli, although it is a personal choice depending upon your risk apetite. Plus it depends which funds you have invested into currently.
A very good fund is going on Its Reliance Natural Resources NFO.. ending on 30th Jan 2008. It appears to be a good choice.
In coming days, MF's related to POWER, CAPITAL Goods, and INFRASTRUCTRE are expected to boom.
You can also invest in MF's containing IT and AUTO shares as they are again picking up.
I am not positive on this, but from what I understand NFOs typically do better than mutual funds. Since the NFO is closed to new investors they don't have to keep cash on hand to pay out to people leaving the fund. The NFO shares are sold to new investors rather than the fund as people want to get out. This allows the fund manager to invest more of the overall capital in its investment strategy.
If I am wrong about this somebody please correct me.