Stocks To Keep A Close Eye On

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aid

Active Member
Avoid sugar as of now.... I think the govt has banned the sugar from exports. also the production has been good this year hence the fall in demand....:)
Thanx Chaitanya.
Will book loss for BajajHind for now and waiting to grasp it at 130-35 level.Hope the technical will push the stock up over news.;)

Entered in HDIL and IBReal today. Will hold it for a month.

Warm Regards.

--- aid
 

fjl24

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

Hi Anant

Just an observation on the Modified Single MA - AFL.

I am doing some backtesting on the AFL for the last couple of days.

I do understand that the AFL is written only for taking long positions but purely based on the logic of the AFL i would like to highlight one trade that i have observed on the short side.

The scrip is ONGC and the date of the trigger is 22-12-2009 when the afl triggered a short trade.

The very next day the AFL showed a short trade taken @ 1172.32 which is the average of the open and close but it showed a trailing stop loss @ 1152.75 which happens to be lower than the short selling price where in it should be higher than the short selling price.

The reason why i have raised this issue is because i had also observed in a particular script when the buy had triggered immediately after a similar short sell trigger the stop loss in that case was more than the buy price and thus the confusion.

Am not able to recollect that particular scrip or the date but would let you know in case i again come accross the same situation.

Is there any way out for the same through modification of the AFL or is it something that is normal and an exception.

As i can recollect from some of SG's recos wherein the SL's were higher than the buy prices but i guess the concepts over there were completely different.

Nevertheless, would be happy to receive you comments on the above observations.

Thanks in advance
Best Regards
Floyd:thumb:
 
Thanx Chaitanya.
Will book loss for BajajHind for now and waiting to grasp it at 130-35 level.Hope the technical will push the stock up over news.;)

Entered in HDIL and IBReal today. Will hold it for a month.

Warm Regards.

--- aid
Have a look at Reliance Industries :)
 

fjl24

Active Member
Re: Detailed result of Anant's AFL

Hi Raunak

Firstly, thanks for taking time to analyze Anant's system in greater details.
Also, thanks for sharing your observations.

I guess a couple of other aspects needs to be kept in mind when we all ponder on the outcome of the analysis.

The ultimate result will depend a lot on how the trades are actually executed on a day to day basis by each one of us who follow Anant's system.

For instance as per the AFL we consider the average of open and close as the buy rate as well as the sell rate.

The ground realities may be completely different.

So based on the actual rates at which a trader executes the actual trade results will differ widely from one trader to another using the same system as well as the same scrip.

At the moment i am working on that aspect and thus had requested Anant for certain modifications to his AFL for intraday trades so as to help all of us following his system to get into and out of the trades at the best possible prices.

Just my 2 cents to the discussion.

Thanks and Regards
Floyd:thumb:
 
Thanx Chaitanya.
Will book loss for BajajHind for now and waiting to grasp it at 130-35 level.Hope the technical will push the stock up over news.;)

Entered in HDIL and IBReal today. Will hold it for a month.

Warm Regards.

--- aid
Post your purchase price and SL, target when you make a trade. Hdil looks like a wrong trade its bearish on charts. IBReal looks like a risk trade. Do let us know what made you chose these trades.
Warm Regards
 

aid

Active Member
Post your purchase price and SL, target when you make a trade. Hdil looks like a wrong trade its bearish on charts. IBReal looks like a risk trade. Do let us know what made you chose these trades.
Warm Regards
You are right Rohan...
They are Bearish for short-term. But I mentioned that I'll hold it for atleast 1month. Just see the chart for both of them u'll understand.

HDIL bought @ 282 SL @ 267 and Target 327.
IBREAL bought @ 150 SL @ 142 and Target 182.


--- aid
 
hey...

saw the charts...barring the fact that they are really beaten down...so infra as a sector shd move up now... i dont see any thing else...do enlighten us about ur thot process... plus the targets...

regards



You are right Rohan...
They are Bearish for short-term. But I mentioned that I'll hold it for atleast 1month. Just see the chart for both of them u'll understand.

HDIL bought @ 282 SL @ 267 and Target 327.
IBREAL bought @ 150 SL @ 142 and Target 182.


--- aid
 
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