My Stock Watchlist

[SwingKing]

Risk - 4% of Equity Available

Scrips

1. Axis Bank - SL 900
2. Yes Bank - 240 (Strongest Scrip on Chart)
3. Nagarjuna Construction - SL 148
4. Sterlite Industries - SL 750
5. Tata Steel - SL 490
6. Hindustan Construction - SL 127, 120
7. IDFC - 150
8. IVRCL Infrastructure - SL 340
9. Reliance Capital (SHORT) Around 800-830 SL - 850

Criteria of Scrip Selection:
1. Current Volatility
2. Historical Volatility
3. Beta and Bottom up Beta of Stocks
4. Volume at price moves

Ideally these scrips should look good for at least a week. I will keep updating this thread as the scrips turn from Buy to Sell or Vice Versa.

My Trading Strategy - I look for a 10 - 15 point move on a scrip. But, since I am experienced in trading and have received extensive training at reputed B-Schools in the UK, I take up large quantities to increase my earnings. For newbies or amateurs in trading, its better to trade on small quantities.

Happy Trading!!!

 

[jatrojoomla]

Lets check today.
I trade only one every day.
My Today's beat: Tata Steel :thumb:[ = 09/11/2009 - Monday ]

Sukalyan Banga

 

[SwingKing]

1. Axis Bank - up 5.5% (hold on)
2. Yes Bank - up 4.27% (hold on)
3. Nagarjuna Construction - up 2.06% (Have squared off)
4. Sterlite Industries - down 0.82% (Have squared off)
5. Tata Steel - up 2% (hold on)
6. Hindustan Construction - up 2% (Hold on)
7. IDFC - 150 (up 2%) Hold on
8. IVRCL Infrastructure - up 1.5% (squared off)
9. Reliance Capital (SHORT) Wait till it (and if) it reaches 830

 

[SwingKing]

Sesa Goa looking really good.

Sesa Goa - Buy - SL 300

 

[pkgmtnl]

What is UR trading strategy
a) For intra day?
b) and End of the day?

Lets try and evelop it into the Form for an AFL for benefit of others..

 

[SwingKing]

Strategy:

Well, all the scrips I have mentioned are extremely strong on EOD basis. So they can be held for 5-7 trading sessions. I have mentioned my strategy before; I look for 10-15 points movement. I take up extremely huge positions and trade. And hence don't need to "Hang On" to scripts for long period of time. However, any good chartist will tell you that the scripts mentioned are Bullish for near term perspective.

AFL:

I don't use any particular "Chart Formulae" to select stocks. Neither do I have some automated stock selection criteria. I believe in the "Old school of thought of handpicking the stocks on your own". I have mentioned the factors I see to analyze the stocks and one thing that I had forgotten to mention was "Derivative Data". I use all these factors a lot. Rather than relying heavily on Fundamentals or Technicals, I use the combination of both and most importantly rely on the "Feel Factor" of the stock.

 

[SwingKing]

Sesa Goa up 2.7 % (Hold on)
Yes Bank up 2 % (hold on)
Axis Bank up 1.5% (hold on)

 

[SwingKing]

Exited Axis bank at 1013

Sesa Goa up 3.5 %
Yes Bank 1 %

Hold on

 

[dalal.street]

can these 2...sesagoa n yesbank be bought at current levels?

 

[SwingKing]

Can you please tell me the time frame of your investment ??

I'd be able to answer your question then.