Stocks To Keep A Close Eye On

[asnavale]

Hi Anant

Thanks for taking the time out and posting inspite of your busy schedule at work - truly appreciate your efforts and dedication to this thread.

Just a couple of observations based on your post in thread-II.

I guess Glenmark is no longer in you stock list used for scanning as i got a buy call on that too.

Autoaxles - As per my data Target is 475.90 & SL is 344.00

Just sharing my observations to crossverify my stocklists with you as well as scanned results on an ongoing basis before i start trading on your AFL's from next month.

God Bless
Regards
Floyd:thumb:

Hi Floyd,

Yes, GLENMARK is not in my list. I have added it now. It gave BUY Trigger on 29-03-2010, Target: 302.65, SL: 237.05. The trailing SL today is 240.00

AUTOAXLES: Target is 475.90 & SL is 344.00. There was an error in cut&Paste.

Thanks for pointing out the errors.

-Anant

 

[goodstocks]

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

Dear Asnavaleji,

Thanks for the new triggers . The stocks mentioned above should be for trading on 1.04.2010

 

[asnavale]

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

Dear Asnavaleji,

Thanks for the new triggers . The stocks mentioned above should be for trading on 1.04.2010

No, they were for today (31-3-2010). For 01-04-2010 The list will be posted after some time.

-Anant

 

[asnavale]

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

Hi Floyd,

You were once asking how to identify whipsaws and avoid such triggers. In the BUY triggers list above I can say that it is wise not to enter immediately in BALMLAWRIE, GITANJALI, JETAIRWAYS and KSK. If you see the charts for these, you will clearly see that these are trading in a band and have given whipsaws on the last two or three occasions. Therefore, it is better to wait for the price to break out of the range and go up. That may lead to a bit higher entry price but prevents the losses due to whipsaws. Such inferences can be drawn just by looking at the charts. No indicators required. Along with price break out watch for volumes. For example, in case of BALMLAWRIE the volumes after 10th Feb are hardly 20 to 30 thousand though there are three BUY triggers during the same period. These are some points to keep in mind while selecting the stocks to trade from the list of triggers.

-Anant

 

[saivenkat]

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

Hi Floyd,

You were once asking how to identify whipsaws and avoid such triggers. In the BUY triggers list above I can say that it is wise not to enter immediately in BALMLAWRIE, GITANJALI, JETAIRWAYS and KSK. If you see the charts for these, you will clearly see that these are trading in a band and have given whipsaws on the last two or three occasions. Therefore, it is better to wait for the price to break out of the range and go up. That may lead to a bit higher entry price but prevents the losses due to whipsaws. Such inferences can be drawn just by looking at the charts. No indicators required. Along with price break out watch for volumes. For example, in case of BALMLAWRIE the volumes after 10th Feb are hardly 20 to 30 thousand though there are three BUY triggers during the same period. These are some points to keep in mind while selecting the stocks to trade from the list of triggers.

-Anant

Hello Anant sir,

This was the query i asked about Balmer Lawrie in post 11103 ,( page 1111) of the mother thread. As my doubt was not cleared at that stage, i preferred not to enter in KSK, BALMER LAWRIE.

To be frank with you sir, i will take only positions only, if i am fully confident about that particular entry.

Regards
Saivenkat

 

[fjl24]

Hi Anant

Firstly, thanks for remembering my query and keeping it at the back of your mind.

It is very kind and thoughtful of you.

Coming back to your reply - Just one observation - I guess it is inevitable to get whip - sawed atleast 2 times before coming to the conclusion of not entering it the third time i get a buy signal.

Do correct me if what i have stated above is wrong.

Other than the above am completely with you and what you have stated below.

God Bless
Regards
Floyd

Hi Floyd,

You were once asking how to identify whipsaws and avoid such triggers. In the BUY triggers list above I can say that it is wise not to enter immediately in BALMLAWRIE, GITANJALI, JETAIRWAYS and KSK. If you see the charts for these, you will clearly see that these are trading in a band and have given whipsaws on the last two or three occasions. Therefore, it is better to wait for the price to break out of the range and go up. That may lead to a bit higher entry price but prevents the losses due to whipsaws. Such inferences can be drawn just by looking at the charts. No indicators required. Along with price break out watch for volumes. For example, in case of BALMLAWRIE the volumes after 10th Feb are hardly 20 to 30 thousand though there are three BUY triggers during the same period. These are some points to keep in mind while selecting the stocks to trade from the list of triggers.

-Anant

 

[luvmalik]

Hello

Could neone give me informatin on bellary steel.

The stock is currently trading at 4.48

What do you guys think, is this stock ready to shoot up?

 

[asnavale]

Hello

Could neone give me informatin on bellary steel.

The stock is currently trading at 4.48

What do you guys think, is this stock ready to shoot up?

Hi Malik,

Bellary Steel is a very notorious penny stock. It suddenly starts shooting up, hits upper circuits a few days continuously and suddenly drops hitting lower circuits. You have to be very cautious and smart enough to get in and out of it very quickly. Once it starts declining it will reach Rs 2 level very quickly and lies there for quite some time. If you are very watchful and quick to spot these changes you can make money in it. Right now it is diffficult to tell whether it will shoot up or fall freely. It appears to be in a mood to decline now but as I said it is very deceptive.

-Anant

 

[fjl24]

Hi Kenneth, Anant, Uma & Members Of This Forum

All who have been using Kenneth's AFL to track Savant's calls based on 20by50 and 5by6 methodology.

Am in the process of analyzing the calls given by Savant.

Based on what i have read so far on the mother thread have understood that the AFL written by Kenneth is the one that is actually based on Savant's methods and triggers i.e. 20by50 and 5by6 as well as the other concepts of Expansion, BO etc.

Was trying to check for triggers received from Kenneth's AFL and compare the same with Savant's calls on the 30th of March for trades to be entered on the 31st of March.

Not been able to find any co-relation between the two

Am i missing something on Kenneths's AFL

Would sincerely appreciate your feedback, guidance, comments and advise on the same.

PS: No puns intended just trying to catch up and get on the fast track regards Kenneth's AFL - By the way am still on page 377 of the mother thread as was hooked on to the terminal's watching RT charts for 3 days in a row and was completely fagged out after that.

I honestly do not know whether is should say i envy or pity all traders who do intraday trading based on charts. The exercise really saps you out.

Thanks in advance
God Bless
Regards
Floyd:thumb:

 

[chaitanyagoa]

Dear fjl24,

Dude!!!!

U need to stick to one system..... why on earth are u all over the place???

I thought u were very comfortable with Anant bhai's system.... toh why on Earth are u poking into Savant Sir's system?:thumb:


Secondly, i dont know why Kenneth's AFL doesn't match Savant sir's triggers... One reason may be that he is fine tuning his systems by adding/removing some parameters......... Also there is NO necessity to test those systems...... They are fail Proof!!!!!

A little Research here and there can never replace the enormous experience of these two Men (Anant and Savant)..... SO just follow one of their systems...

All the very Best!!!!