ankurpcl said:
Hi All,
I am thankful to seniors in giving feed back on the stocks which i have asked
to buy !
While selecting the stocks i put some fundamentals and finally resided on these stocks.
Currently Ferro Alloys is at 28.05 and gain momentum even when sensex is
down by 250 points.
As far as other stocks are concerned I have asked that good returns will
come by the end of this month and not in this week.
Rest 3 are in support region and chances are very likely that soon they
will come out of that.
So kindly wait and watch.
Anyways i am sincerly thankful to saint for giving feedback just like i am very
close to him but Sir All the above stocks are fundamentally strong and my
purpose is not to make the people lost their hard money but to make
as much as they can irrespective of market movements.
I have invested bulk amount in last 3 days in market and if my stocks able
to survive even in this falling market i will definatelly shared the procedure
that i have follwed for the stocks.
But before making it public give me some time to prove.
Atleast Seniors know that this market is all about patience and discipline
and that what i am following at the moment. But even after following all
these still if i failed i really looked at this sincerely.
Give me some time to prove and in Ferro Alloys i already proved my self.
Regards,
Ankur
Hi Ankur,
Great to read your reply,my friend.........just that the small caps are in a bit of a mess right now,and those charts are looking ugly.When we go all exuberant,and hang the carrot of profits that are definite by month end,and declare that profits are definite and losse are impossible.........lots of our gullible newcomer friends tend to bite into it hook,line and sinker.
To know that there are fundamentals to back it is great........would be great the next time you throw the calls ,to also have the reasons behind them....
A trade is a good trade if you stick to your game plan.......come out with stops and targets.If you are stopped out and you took your stops,it is a good trade.So you don't exactly have to prove anything to anybody......but fundamentals or technicals,I think we need to have our stops.
Now,back to those three again.........TIMEX is looking increasingly dangerous for a continued fall.PASUPATI may have a bit of a bounce......but not looking very good from here.MASCON GL just took out its previous pivot low.....all 3 still looking dangerous.Feel that technicals are going to drive prices lower before fundamentals may take it higher,and in the process,pain may be felt.
Careful,my friend.............
Looking forward to more posts from you this time with reasons to back it up ,and maybe stops and targets as well.
All the best!
Saint