Stock FUTURES To Keep A Close Eye On

[SavantGarde]

dear,
what abt GVKPIL, i baught at 17.25
shall i exit or what for tomorrow

Swamy... will have to check on EOD ..I would think you could exit tomorrow...No problems as far as I can see...Market is just getting the tailwind.... and RBI announcement should be a positive for GVKPIL....!!!

SG

 

[SavantGarde]

Vijaya Bank did not hit 64.35, only peaked out at 63.4.

good or bad lets see!!!!!

Hi Dinesh...was wondering where you got the figure of 64.35 for exit.... then realised you must have seen the triggers.... by the way..those are Positional Triggers not for Intraday.... if it comes well and good.....!!!

SG

 

[Aarav11]

Hi SG,

One more thing which i want to learn is how to put the orders fast in the terminal which will most probably will get executed?

While placing a order should we always place it below the price like if i want to sell and the CMP is 100 what should be the ideal price which i should put so that i do not end up chasing the price?

I do not know whether this is valid question or not but i faced this many times always end up chasing the price and then has to put market order.

Thanks

Hi SG,

In your free time please tell me how to go with what i said above in quotes.

Thanks

 

[dineshN]

Hi Dinesh...was wondering where you got the figure of 64.35 for exit.... then realised you must have seen the triggers.... by the way..those are Positional Triggers not for Intraday.... if it comes well and good.....!!!

SG

Yes, it was from your triggers. I missed the opportunity to exit on upsurge. For some reasons, the stock did not end up well. It closed negative.

Also Siemens was available at 796 levels but was very reluctant to place an order just to find out later on it moved up by 25 Rs!!!

 

[timepass]

dear,
what abt GVKPIL, i baught at 17.25
shall i exit or what for tomorrow

Swamy... will have to check on EOD ..I would think you could exit tomorrow...No problems as far as I can see...Market is just getting the tailwind.... and RBI announcement should be a positive for GVKPIL....!!!

SG

my favourite

 

[bthakwani]

IFCI Results.....

http://www.bseindia.com/stockinfo/a...FA-3A8AE3473DFB&flag=I&type=A&scrip_CD=500106


but cant get the expected results anywhere...

 

[SavantGarde]

Hi SG,

One more thing which i want to learn is how to put the orders fast in the terminal which will most probably will get executed?

As an EOD / Positional Trader such as yourself who can spare only a few minutes during the Market...it is not necessary to know whether your Limit order will get executed or not....!!!

Query is more relevant for a Day Trader...who Trades on a very small TF (Time Frame) such as 1,3, 5, 10, 15 Min.

While placing a order should we always place it below the price like if i want to sell and the CMP is 100 what should be the ideal price which i should put so that i do not end up chasing the price?

If You aren't chasing the price it doesn't matter whether it gets executed or not...as long as you wait it out... if not today ....tomorrow.... market ain't going anywhere... we always need to wait for our price....for Instance today you placed an order @ 5238 it didn't get executed ...right... perhaps another day...we might even get it much lower....!!!

I do not know whether this is valid question or not but i faced this many times always end up chasing the price and then has to put market order.

Thanks

If you chase the price as if there is no tomorrow.... then sooner or later you are going to get into big trouble My Friend......!!!

SG

 

[SavantGarde]

Hi Aarav,

Your thoughts after todays session...where you managed to exit 1 lot of MNF out of 2 Lots....bought at 5307 & 5228 respectively.....!!!

SG

 

[sunilrhs]

SG...It must be hell of an experience for Aarav..seeing nifty 100 points away from his cost in single day... and i can surely tell you that he might have squared off around 5220ish and would have again entered around 5300 when nifty made the spike after policy declaration...and again he would have panicked and sold it arounf 5260ish...ruing later in the day that he should have stick to his longs...He would have been planning to buy at whatever price tomorrow.

BTW no offence to you Aarav but simply telling my experience here...I used to do all the above and now with SG's guidance feeling confident to take either side of the trade.

All I can say is whatever SG says has a reason or two and might not tell us beforehand...thats is why I just follow SG.

Hi Aarav,

Your thoughts after todays session...where you managed to exit 1 lot of MNF out of 2 Lots....bought at 5307 & 5228 respectively.....!!!

SG

 

[SavantGarde]

SG...It must be hell of an experience for Aarav..seeing nifty 100 points away from his cost in single day... and i can surely tell you that he might have squared off around 5220ish and would have again entered around 5300 when nifty made the spike after policy declaration...and again he would have panicked and sold it arounf 5260ish...ruing later in the day that he should have stick to his longs...He would have been planning to buy at whatever price tomorrow.

BTW no offence to you Aarav but simply telling my experience here...I used to do all the above and now with SG's guidance feeling confident to take either side of the trade.

All I can say is whatever SG says has a reason or two and might not tell us beforehand...thats is why I just follow SG.

Hi Sunil,

Most things that I practice for trading which will normally get frowned upon......it is understandable...because for me whatever I do comes from past real life experience.... and mistakes committed are really something that I am quite unforgiving on myself...then it becomes an obsession what could I have done differently ..so that the mistake didn't happen....that is how I have learnt most things in life.....!!!

Since I don't own & haven't read a book on Trading...though a Van Tharp's E-Book was sent by email by a very close friend.... seriously did try to read it ...but each time got only as far as about 28 odd pages only... and now even If I have the inclination to read it from cover to cover.....I don't know which computer the e-book was stored on.....Ofcourse I could always search the email and download it again....

Question of selling the first MNF bought at 5307 was never never anywhere on my mind when the drop started..........Why????

Because If I have deployed only on 1 lot of MNF out of total of 4 lots...and the Market Structure remained intact... my only thought was at what price to deploy the 2nd lot of MNF.... in hindsight.... I am not happy that the second lot was bought @ 5228 when we saw NF drop below 5200...I would have been happy with myself.... if the 2nd Lot was bought around...5203....That's how unforgiving I am on myself....

I will also learn new things... while Aarav conquers his devils.....!!!

SG