Stock FUTURES To Keep A Close Eye On

[PGDIMES]

dear,
caught the running bus of NF 6300 CE @ 96..........safely.......
now looking for stop to get off......also....safely

Bhai, Plz board off the bus after 130 as per SG's advice... otherwise if Nifty makes a new high tom., the fair value would be 148 to 156 depending on volatility...

 

[aabhi06]

Savant Sir & all T J friends wishing you *Shubh Deepavali.*

 

[ksesha]

Dear Savant,

NMDC & GTL today had good spikes in volume and all the daily indicators are pointing up after a long consolidation of 3, 4 months.

I am planning to go long tomorrow. Will you please have a look and comment?

Regards
Sesha

 

[SavantGarde]

Hi Sesha,

How do you select such scrips for entry....???

GTL - An absolute NO..NO.... Do not care what indicators have to say....or for how long it has consolidated....Kapisch

NMDC - & other natural resource stocks have run up because of Coal India... I wouldn't enter... at present levels... only on retracement at levels of 282.65 provided overall market is headed upwards.....at that point of time.

If you have to enter anything tomorrow.... Check on sugar scrips...such as BAJAJHIND, Renuka or Triveni... or some Banks in PSU basket... such as Andhra Bank, Federal Bank, Dena Bank or Corporation Bank...

IDFC & IFCI (for couple of rupees) is also looking good

Do Not Jump In at the opening..... if you want to hold for a few days... then enter in the last 10 minutes.

Happy & Safer Trading

SavantGarde

Dear Savant,

NMDC & GTL today had good spikes in volume and all the daily indicators are pointing up after a long consolidation of 3, 4 months.

I am planning to go long tomorrow. Will you please have a look and comment?

Regards
Sesha

 

[trader_man]

Savant ji, can you please elaborate on why you think GTL is no good at the moment? That way, at least, we can learn from you on how to select quality scripts.

 

[ksesha]

Thanks Savant, for the quick response.

Will enter Andhrabank & BajajHind and hold for a few days with a trailing stop loss of 5 points.

Hi Sesha,

How do you select such scrips for entry....???

GTL - An absolute NO..NO.... Do not care what indicators have to say....or for how long it has consolidated....Kapisch

NMDC - & other natural resource stocks have run up because of Coal India... I wouldn't enter... at present levels... only on retracement at levels of 282.65 provided overall market is headed upwards.....at that point of time.

If you have to enter anything tomorrow.... Check on sugar scrips...such as BAJAJHIND, Renuka or Triveni... or some Banks in PSU basket... such as Andhra Bank, Federal Bank, Dena Bank or Corporation Bank...

IDFC & IFCI (for couple of rupees) is also looking good

Do Not Jump In at the opening..... if you want to hold for a few days... then enter in the last 10 minutes.

Happy & Safer Trading

SavantGarde

 

[SavantGarde]

Hi Trader_man,

Simple principle....even if it is for intraday.... always trade in good quality scrips... and Never in a scrip with doubtful fundamentals...and especially dodgy promoters....there was some news on the promoters some months back & ever since GTL & GTLINFRA has been off my list.....

Happy & Safer Trading

SavantGarde

Savant ji, can you please elaborate on why you think GTL is no good at the moment? That way, at least, we can learn from you on how to select quality scripts.

 

[columbus]

A newbie should always pick from NIFTY-50.In that also top 20 or someother
criterion like more than 100Cr traded value per day in EQUITY segment.

 

[prst]

Hi Trader_man,

Simple principle....even if it is for intraday.... always trade in good quality scrips... and Never in a scrip with doubtful fundamentals...and especially dodgy promoters....there was some news on the promoters some months back & ever since GTL & GTLINFRA has been off my list.....

Happy & Safer Trading

SavantGarde

thanks a ton for the useful info, Savant sir..

I have a suggestion regarding this ..
we have a useful thread running highlighting the hottest stocks and futures to keep a eye on.
why can't we have another thread, wherein Savant sir and others can post about some scrps which should be avoided at any cost.. one of the main reasons could be bad fundamentals or something else. it would help a newbie investor from putting his hard earned money in such scrips..
mind you, ths is just a suggestion from a newbie..

thanks..
Prashanth

 

[trader_man]

I think prst has made an excellent suggestion. We would all appreciate such a thread.