Stocks To Keep A Close Eye On

[alroyraj]

Sometimes, I feel attracted to beaten down stocks, thinking they might bounce back.

A couple of weeks ago, I had bought Wipro Futures @ 439. It had come down rapidly from 500 levels. I thought it might bounce atleast upto 450. But I was wrong. It crashed (first week of November), made a low of 420. I finally got out on Diwali Mahurat trading day, sold it @ 439, for no profit. Only loss was brokerage...

I am a crackpot. I have decided I will not trade on gut feelings anymore, but just follow your and Raunak Sir's advice...

Cheers!

If a stock does not have momentum,then it may not bounce either. You may see only weakness. In stock futures the volumes are critical. Even when you may have made money at one time at certain volumes,that could all change later at lower volumes. The momentum just would not be there.

 

[SavantGarde]

PP entered on the same day he asked me about it... and inspite of my silence he had entered @ 106.xx....Right PP

SavantGarde

Man I LOST more than 70K in it with in weeks.
Kyon Jakhm me LAL MIRCH chidak raheho?

 

[trader_man]

Dabur has just completed an acquisition of US based firm...hence it is up by 3% today.

 

[SavantGarde]

TM,

Forget the acquisition...Dabur has 2 operators in the counter....stay away or else you will not be worth anything acquiring anything....

SavantGarde

Dabur has just completed an acquisition of US based firm...hence it is up by 3% today.

 

[Prashant Patel]

if you lost 70k in dabur eq, then it means that you put 7lakh in dabur at its peak since dabur hasn't gone down by more than 10-12% within weeks in last year...or are we talking about futures/options?

pp entered on the same day he asked me about it... And inspite of my silence he had entered @ 106.xx....right pp

savantgarde

yeah perfect sir!!!!
:d

 

[Prashant Patel]

NOW I'm on the sidelines watching the perfect 20:100 match.
Feeeling very LONELY here!!!

 

[Goofy]

Guys, just a little kink in our train of stock talk. Got to tell you!

Right now it's raining. My cottage, the surrounding forest and hills - all are enveloped in clouds! Visibility ZERO!

Wish you guys could see this mystery!

Carry on please

 

[SavantGarde]

Wowww.... with that kind of picture perfect ambience.... you are sitting in front of the screen.... to trade.... Will pray that the connection dies in the next 10 minutes.... so you can go out barefoot.....

SavantGarde

Guys, just a little kink in our train of stock talk. Got to tell you!

Right now it's raining. My cottage, the surrounding forest and hills - all are enveloped in clouds! Visibility ZERO!

Wish you guys could see this mystery!

Carry on please

 

[SavantGarde]

PP...Don't feel so lonely.... get your laptop & haul ass to my place from Monday....

SavantGarde

NOW I'm on the sidelines watching the perfect 20:100 match.
Feeeling very LONELY here!!!

 

[sarath67]

SG ji


Does todays low and bounching back from it indicates short term correction over.