Stocks To Keep A Close Eye On

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SwingKing

Well-Known Member
sir i hold forbes &co 100 around 550 it is a shippingstock too can u suggest a target for the same please
Forbes & Co

I personally don't think this is the stock to be in. It has shown some movement lately but I feel that is not of much value. I would certainly not park my money in this stock unless opposite signs emerge.

As of now, its a strict no no for me.

Since this is a stock which trades in BSE, I don't track it closely. Hence, I will also advise you to seek Savant's, Anant's or SM's opinion on the same. May be they track this counter closely.

Tc
 

SavantGarde

Well-Known Member
Target & S/L is intended for those who are deep in the money....

However, fresh positions can be entered...with some thought to position sizing.... in my opinion....reward is favourable....& can be exited on some favourable news getting announced....on the channels....

I am not privy to any news from the company...but such a relentless upmove can only mean something getting announced in the near future.


Happy & Safer Trading

SavantGarde



Would you recommend fresh positions in ABGSHIP for a 1-2 month horizon? Or is this only for people who already hold the stock.
 

Goofy

Well-Known Member
I am a writer who recently ventured into Intra-day trading. Please, is there anybody experienced enough who can tell that I was not foolish to have bought 300 [email protected] and 500 [email protected] a week ago, and now they are having a time of their lives under the muddy waters. Should I hold my breath to have them bob-out eventually in a few months' time or should I dump them incurring loss, thereby freeing my money to invest in other scrip. Thanks for your valued judgement.
 

SavantGarde

Well-Known Member
Can't say much about my experience......looks like a no brainer as far as your trades go......if you were looking for altitude to jump from...you certainly achieved it with both your trades.... perhaps you can blame the channels...& the pinstripes you were watching....for inspiration.....

Anyways...here is some inexperienced advice....

IDEA - if it drops below 63.65....exit and find some fundamentally strong scrips for short term trading....

THOMASCOOK - it is possible for it get cooked till 60...ish levels....but can give you a profitable exit in a week or so....

Yes....you Goofed up big time...my friend


Happy & Safer Trading

SavantGarde

I am a writer who recently ventured into Intra-day trading. Please, is there anybody experienced enough who can tell that I was not foolish to have bought 300 [email protected] and 500 [email protected] a week ago, and now they are having a time of their lives under the muddy waters. Should I hold my breath to have them bob-out eventually in a few months' time or should I dump them incurring loss, thereby freeing my money to invest in other scrip. Thanks for your valued judgement.
 

SavantGarde

Well-Known Member
Hi Aryabhatta,

Nothing is under wraps..... everything about the strategy/system is discussed here and continued to Chapter-II

Yes.... I always reserve the right to intervene manually & do so from time to time....because no system can be as efficient as a human brain....this is the part am trying to impart through random tirades...as and when time permits...

It is perhaps easy to think out of the box.... but the hard part is in recognising the 'Box' ....


Happy & Safer Trading

SavantGarde


Savant sir can u also share the basis of your analysis you know the old saying teach a man to fish and he feeds for a lifetime .........:lol:

Is you analysis based on TA or FA or a combination of both.

thks
 
Hi Anthony,

#include <MMA.afl> is an instruction to insert the code for MMA.afl into the current AFL. The MMA.afl file should be available in "Amibroker/Formulas/Include" folder. The code for MMA.afl is given in the following post:

http://www.traderji.com/equities/29292-stocks-keep-close-eye-chapter-ii-111.html#post479846

You can copy the code and save it as "MMA.afl" in the 'AmiBroker/Formulas/Include' folder. Then the Single MA AFL will work without any errors.

-Anant
hi ,

i am getting error ( ln:19,col:26:Error30,Syntax error )


please help me ,


thanks
 
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