Crankx Short term Picks - Possible Circuit hitters!

#62
I don't use targets. I use trailing stoploss targets.


Lets say like today HIND MOTORS has gone up by 10% to 73.10,
My buying price was 69.40.
I will keep a stoploss sell at 72.40.

And keep revising the stoploss sell numbers upwards. Never down. If it drops below 72.40, it will sell locking in my profit.

If it keeps on going, I will sell at the end of the day depending on the strength during closing.

Hope this clarifies.
crankx


:confused:BUT SIR,

HOW TO SET THE TARGETS FOR YOUR RECO.S.

PLS. HELP.
 
#63
I understand Kamusop!

But this is how I trade. Not issue recomendations.
And I am sharing my list with other traders to find any possible flaws here or any improvements that can be made.

Cheers
crankx!


Hi Crankx,
Instead of picking about 10 stocks everyday, how about picking 3-5 stocks for say 5 days (one week). This will reduce risk.... what do you say...

kam
 
#64
I bought the below stocks on your recommedations @ the below price...please advise whether i should exit or should hold them...if yes, what should be the target when i should exit these stocks

NITINSPIN - 28
WINSYARN - 29.25
POCHIRAJU - 64.5

Thanks for your advise and keep up the good work

Naveen
 
#65
Pochiraju triggers 5% stoploss. Exit.

Rest of the two looks ok to me.

Cheers
crankx


I bought the below stocks on your recommedations @ the below price...please advise whether i should exit or should hold them...if yes, what should be the target when i should exit these stocks

NITINSPIN - 28
WINSYARN - 29.25
POCHIRAJU - 64.5

Thanks for your advise and keep up the good work

Naveen
 
#67
Re: List for 2nd Jan 08

3:01pm
Paracables - CMP: 59.90 - +20% Circuit lock!

Cheers!
crankx


List for 2nd Jan 08

FORTIS CMP:110.65
apollotyre CMP:58.05
ucobank - cmp:70.45
CENTBOP - CMP:63.95
JBCHEPHARM - CMP:98.00
BOC - CMP: 220.60
INDORAMA - CMP: 78.75
EIHOTEL - CMP: 208.40
GABRIEL - CMP: 32.50 (2nd day in a row)
ApolloHOSP - CMP: 588.35
RAMANEWS - CMP: 42.40
AFTEK - CMP: 100.20 (2nd day in a row)
PARACABLES - CMP: 49.90
HINDMOTOR - CMP: 66.40
VISESHINFO - CMP: 43.65
MTNL - CMP:207.90

Disclaimer: Analyze anything before jumping in.

Cheers!
crankx
 
#68
Re: List for 2nd Jan 08

Here is the screen shot for the 2nd jan list

I need some comments on how to improve the list from senior traders

Cheers!
crankx



List for 2nd Jan 08

FORTIS CMP:110.65
apollotyre CMP:58.05
ucobank - cmp:70.45
CENTBOP - CMP:63.95
JBCHEPHARM - CMP:98.00
BOC - CMP: 220.60
INDORAMA - CMP: 78.75
EIHOTEL - CMP: 208.40
GABRIEL - CMP: 32.50 (2nd day in a row)
ApolloHOSP - CMP: 588.35
RAMANEWS - CMP: 42.40
AFTEK - CMP: 100.20 (2nd day in a row)
PARACABLES - CMP: 49.90
HINDMOTOR - CMP: 66.40
VISESHINFO - CMP: 43.65
MTNL - CMP:207.90

Disclaimer: Analyze anything before jumping in.

Cheers!
crankx
 

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#69
This is great! You have a high percentage of winners on both days.
I am going to watch this thread like a hawk ( or owl if you post the recommendations late night :D)

Can you give some tips or set of rules for selecting some stocks from your list? I understand your logic behind trading in a basket of stocks, but being a very small player in the market, I can only afford a very small basket :(
So how can I select, say, 5-6 stocks from among your recommendation of 10+ stocks every day?
 

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