Stocks To Keep A Close Eye On

[aditya14]

We may just go much higher today at EOD as tomorrow is a holiday and we just need a lil positive cues from Europe and US.

I feel tomorrow EOD will be reversed.Expect shortcovering as well.

 

[refervarun]

Re: Stocks To Keep A Close Eye On - Chapter II

Hi All,

I had a concern. Having invested in the market with a breif experience of 2 years, I have seen the worst and the best of times, however, on most occassions, mkt seems to have gone down as soon as i invest (some kinda bad omen:annoyed Anyway, my point is that should we be investing in the blue chips alone for a safer return, and even though they go down drastically during lean times.. We ought to hold on to them or have a stop loss using various suggestions offerred by investors here.

Just curious!

 

[asnavale]

Re: Stocks To Keep A Close Eye On - Chapter II

Hi All,

I had a concern. Having invested in the market with a breif experience of 2 years, I have seen the worst and the best of times, however, on most occassions, mkt seems to have gone down as soon as i invest (some kinda bad omen:annoyed Anyway, my point is that should we be investing in the blue chips alone for a safer return, and even though they go down drastically during lean times.. We ought to hold on to them or have a stop loss using various suggestions offerred by investors here.

Just curious!

It is not necessary to enter only blue chips. You can trade any good share having a reasonably good daily volume and turnover. Only a disciplined trading practice has to be followed.Follow strict stop loss/trailing stop loss and entry exit rules. Never think that when price has fallen, it will come back again, even with blue chips. If price has fallen below your exit limit then simply exit. If the price turns around, you can again enter.

-Anant

 

[chaitanyagoa]

Re: Stocks To Keep A Close Eye On - Chapter II

A general Thumb Rule is as follows:

Let us say you want to enter today based on yesterday's trigger. Today you wait for the price to reach or go above yesterday's high and then buy at a price of your choice after that. The exact price at which you enter depends on when and how you place the order. In case the price does not exceed yesterday's high you may enter at any price or decide not to enter at all and wait for tomorrow. If you decide to enter tomorrow, then again follow the same procedure. Wait for the price to exceed today's high then enter as long as the stop loss is not hit.

This is only a guide line. You can devise your own methodology for entering.

-Anant

Hey tvrssvk,

the basic ideology for buying above yesterdays high is that : the particular stock bounced back from the high as it has encountered some resistance at that level... So the basic idea is the we let todays price take over the resistance of the previous day before we buy it....

this is NOT a thumb of rule but the experience of Savant sir and Anant Bhai.... Not to be found in any book.....

Hope i didn't confuse U more....

 

[lovable_guy006]

Stocks To Keep A Close Eye On - Chapter II

It is not necessary to enter only blue chips. You can trade any good share having a reasonably good daily volume and turnover. Only a disciplined trading practice has to be followed.Follow strict stop loss/trailing stop loss and entry exit rules. Never think that when price has fallen, it will come back again, even with blue chips. If price has fallen below your exit limit then simply exit. If the price turns around, you can again enter.

-Anant

Well said anant sir !!! STOPLOSS, STOPLOSS & STOPLOSS !!! :clapping:

 

[lovable_guy006]

Stocks To Keep A Close Eye On - Chapter II

A general Thumb Rule is as follows:

Let us say you want to enter today based on yesterday's trigger. Today you wait for the price to reach or go above yesterday's high and then buy at a price of your choice after that. The exact price at which you enter depends on when and how you place the order. In case the price does not exceed yesterday's high you may enter at any price or decide not to enter at all and wait for tomorrow. If you decide to enter tomorrow, then again follow the same procedure. Wait for the price to exceed today's high then enter as long as the stop loss is not hit.

This is only a guide line. You can devise your own methodology for entering.

-Anant

Yeah nice strategy !!! 90% of the times it works !!! experienced it myself !!!

 

[lovable_guy006]

Re: Stocks To Keep A Close Eye On - Chapter II

Have a close eye on DHAMPURSUG ... Touched its support line ... Likely to bounce back from here !!! Could be a nice investment !!!

 

[asnavale]

Re: Stocks To Keep A Close Eye On - Chapter II

Have a close eye on DHAMPURSUG ... Touched its support line ... Likely to bounce back from here !!! Could be a nice investment !!!

Probably wait for a day or two to confirm the trigger. There is some indication that a bit more of down side is still there.

-Anant

 

[tvrssvk]

Re: Stocks To Keep A Close Eye On - Chapter II

Anantji/Chaitanya,

Thanks a lot!!!!!

 

[mkh]

Re: Stocks To Keep A Close Eye On - Chapter II

anantji,thanks for yr views