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TWOOD good to day trade or not..experts viwe pl.....

+10
player
pushpakumara
gamaya
sandunj
Hawk Eye
smallville
econ
Market.Player
snandasiri
kelumhewage
14 posters

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smallville


Associate Director - Equity Analytics
Associate Director - Equity Analytics

When u deal with crap, u cant take ur eye of the screen for even 5 minutes.. Recently I lost 500x2 rupees (2 occasions) from TWOD trading since I bought in the morning and went out for some work and lost the opportunity to sell it with 0.50 rupee profit..
mind u.. It didnt take even 1 hr for TWOD to lose 0.50 and my mistake was I didnt put a sell order before I go.. See.. this is behaving an extremely difficult way to understand. intraday Charts would give u good buy points, but for selling, u need to take ur own decisions as when the Sell signal comes in the chart, it may be delayed as in most cases.

player


Moderator
Moderator

im out of it since the news out Smile

it seems the fuel isnt enough.

ansar


Manager - Equity Analytics
Manager - Equity Analytics

Is it ok to buy some TWOD after the announcement of Central Bank to reduce the interest?
Experts comments please..... (specially smallville)

mark


Expert
Expert

All the news out ne? so what we waiting for now? 200Mn inject?

Millions cant save TWOD, you need billions.

Trading figures(trades/TO/Qty) seems getting reduced, so its a sign of reversal?

Due to reduction of rates, there is good counters to keep eye on, im into BFI.

smallville


Associate Director - Equity Analytics
Associate Director - Equity Analytics

Marki is correct.. TWOD needs billions to be saved and pay off the whining investors.. And that would take years..

At this stage its risky to enter.. But there are plenty of other shares with low risk.. I think PLC, COCR, TJL are better choices.. Even CTBL & ASIY, HPFL are much better as pennies..

UAEBOY

UAEBOY
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

TWOD is holding 4.80 grounds quite easily.... Shocked Shocked 
Seems like only very few want to sell around 4.80......
May be some one trying to keep it for a while at 4.80

Next week will be very interesting.....

This can go either way...Twisted Evil

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics

UAEBOY wrote:TWOD is holding 4.80 grounds quite easily.... Shocked Shocked 
Seems like only very few want to sell around 4.80......

This can go either way...Twisted Evil
Your comments are contradictory mate.. If it holds ground at 4.80 it cannot go either way.. Twisted Evil 

Dont promote without a base Laughing 

28TWOOD good to day trade or not..experts viwe pl..... - Page 2 Empty Buying TWOD Fri Oct 18, 2013 6:52 pm

ansar


Manager - Equity Analytics
Manager - Equity Analytics


My broker said there are sellers with millions of TWOD just above 5. So I will wait and see till it touches 3+ levels
I feel big bulls bought at below would see profit soon

On the other hand I also keep an on CTBL for a long time, too
Thanks Mark & smallville

kelumhewage


Manager - Equity Analytics
Manager - Equity Analytics

I am even waiting it to go below 3.50 at least but why there is not selling pressure....it is stagnating too long for 4.00 to 4.50 level....what do u guys think I mean day traders...Question 

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics

As inexperienced may tell u, this didn hold the ground at 4.8. Goin below 4.30 or 3.70 would not be good either..

TWOOD good to day trade or not..experts viwe pl..... - Page 2 Twod210

However, as far as cross-overs consider, this looks like below;
14 Day MA / 50 Day MA - BUY
14 Day MA / 100 Day MA - BUY?
SAR - BUY
MACD - likely to give a SELL
RSI - Neutral
ADX - Neutral



Last edited by smallville on Wed Oct 23, 2013 7:12 am; edited 1 time in total

nuwanudaraalwis


Stock Trader

real gamble Laughing 

mark

mark
Expert
Expert

ansar wrote:
My broker said there are sellers with millions of TWOD just above 5. So I will wait and see till it touches 3+ levels
I feel big bulls bought at below would see profit soon

On the other hand I also keep an on CTBL for a long time, too
Thanks Mark & smallville
Wink

it is trying and trying, but crowd seems not caring as before, so going down with low volumes as it should.

Finally the selling will happens at larger volumes in lower prices when people find that its getting weaker attraction, so again it can run after the desperate retailers selling and players buying again.

That is the nature of manipulation. :X




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