Stock FUTURES To Keep A Close Eye On

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MurAtt

Well-Known Member
After staying out for 2 months (no trading) given Equity buy order on SGs reco

200 Suzlon @ 88.50
200 Unitech @ 89.50
100 H C C @ 156/-.

Will check with broker whether executed or not.

Suzlon should effectively target 105 ... Unitech and HCC I have not see charts so would not know ... :D
 

AlokTewari

Well-Known Member
After staying out for 2 months (no trading) given Equity buy order on SGs reco

200 Suzlon @ 88.50
200 Unitech @ 89.50
100 H C C @ 156/-.

Will check with broker whether executed or not.

Suzlon should effectively target 105 ... Unitech and HCC I have not see charts so would not know ... :D
SM
Do you think Suzlon can touch 100+ before expiry ? In that case 95 or 100 call may give good value before expiry. What is your view ?

Cheers !!

Alok Tewari
 

nimish_rulz

Well-Known Member
BTST

UNITECH - Entry Below 89.00
SUZLON - Entry Below 90.00
HCC - Entry Around 157.00


Happy & Safer Trading

SavantGarde
Sir, thanks for confirmation I have 2 lots of Unitech average price 84. I had one more which I had bought at 80.60 Sold that at 90.60.

I am currently stuck with Jindal Steel not sure what to do with it have tried to turn it around like buying close to low in mid day and trying to turn it around but it eventually falls so now almost stuck with 2 lots. Average buy Price is 706. Should I book a loss or wait for a couple more days all the Jindal Counters such as JSW Steel Jindal Saw etc have moved a lot but this one hasn`t had any turn around. And also Educomp soltns according to my ananlysis both these stocks are moving down on very very low volumes I don`t know about today as yet to download the EOD data hence I was comfortable holding it but now it is scaring me as this is eating up a substantial amount of profit I have generated from other trades such as ABAN, LICHFIN, Adity Birla Nuvo, Unitech, BHEL, GVK Power. I am still new and still learning hence want some advice. Many thanks.
 

raj001

Active Member
To All Those Who Have Kept A S/L In The System For KSOILS Jan. Future, It Is Recommended To Remove It From The System Or Else It Will Not Move...Since It Is A Low Volume Counter.

SavantGarde

Hi savant sir..

I wanted to understand one thing , you have mentioned "Remove SL From The System Or Else It Will Not Move...Since It Is A Low Volume "

pls explain hw keeping sl impacts the movement of the counter, it may sound useless question but I really want to understand it, as dont have any idea regarding it... y i m asking this is that i have traded many times in low volume counters with high number of shares and kept strict sl and have seen that after hitting the sl, the price moves up again.. so is it recommened not to keep sl in low volume stocks?

Kindly explain, thanks a lot
 

SavantGarde

Well-Known Member
Hi Raj,

Let Me Give You An Example Of KSOILS Futures....

Regular Traders Of This Counter Do Not Trade In Single Lots.... Therefore, Today From Morning I Saw There Was No Movement...& Most Of Those In Bid/Ask Were All With Single Lots...That Is When I Realised That Many Had Picked Up The Futures Yesterday When I Posted A BUY During The Market...Regular Traders Knew There Were Some New Entrants...& As A Result They Wanted To Eat Everybody's S/L....

That Is When I Posted About Removing The S/L Orders From The System...

Now Coming To Your Specific Query....In Smaller Volume Counters It Is Much Easier To Identify New Traders...From Regular Ones...Strategy For Low Volume Counters Should Be, To Give It At Market Whenever One Sees A Good Upsurge...Moreover...Whether Low Volume Or High Volume Counter...There Is A Software Where One Can See The S/L Orders...& All Orders In The System...Not Just 5 Bid/Ask As We See It...On The Terminal.

The Ones Who Do Not Have The Software...To See The Orders....Can Eat Up 2-3 Support Levels.... That Is Why Following Popular Support & Resistance Levels Is An Absolute No...No...For That Matter Even Popular Chart Patterns.

It's A Cat & Mouse Game....We Have To Be Smart With Slightly Bigger Risk Appetite...& Slightly Reduced Greed....To Trade On Intraday In Difficult Or Low Volume Counters


Happy & Safer Trading

SavantGarde


Hi savant sir..

I wanted to understand one thing , you have mentioned "Remove SL From The System Or Else It Will Not Move...Since It Is A Low Volume "

pls explain hw keeping sl impacts the movement of the counter, it may sound useless question but I really want to understand it, as dont have any idea regarding it... y i m asking this is that i have traded many times in low volume counters with high number of shares and kept strict sl and have seen that after hitting the sl, the price moves up again.. so is it recommened not to keep sl in low volume stocks?

Kindly explain, thanks a lot
 

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