Stocks To Keep A Close Eye On

[SavantGarde]

My Dear Veluri,

a) One doesn't need to worry about the Free Service Turning Paid

b) It is always prudent to have more than one person taking the organisation forward.

c) I have a few more pet things in life to accomplish before I drop my physical body.

SavantGarde

P.S.: Notice something in the post above (No........ )

Goofy,

Reasons could be

1. Its a free service from SG. (Anything free cannot prolong unless it is a charity).
2. SG wants to prove his stand on his words.(1 year time is enough to prove his stand).

But, how to convince SG that we have no doubts about his stance or words or his trading genuis.

 

[SavantGarde]

Hi Amit,

Sincere apologies....Yes I did mistake you for somebody else & Thank you for bringing it to my notice.....

Ok .... will work out a plan when I return on wednesday... There is no hurry yet for entries......

We still have some way before this correction starts loosing some steam...

Happy & Safer Investing

SavantGarde

Dear Mr SavantGarde,

I think you have mistaken me for someone else. If you remember, I asked you for advice early this week about investing my 5 Lakh as this is what my father has left me and my mother. You had promised that you would write a reply sometime this week.

I sincerely apologize if I have caused any trouble.

Thank you.

Amit.

 

[Goofy]

Hi Goofy,

Presently as an experiment.....

It will need to be for a duration of 1 year....because getting the required permission will be met with much obstacle... from the regulators...for obvious reasons......of those already existing & threat perception to their own existence.... (read all sorts of inane reasons being offered by SEBI to MCX-SX) to delay their rollout of a fullfledged Equity & Derivatives Exchange, no doubt BSE & NSE working overtime....on the delay.

In view of the above... it will need to start as a company whose principle business will be that of trading.... with all co-op members bringing in the capital.

After a year of work... I will expect a few things to happen....

a) To convince the Regulators of the benefit/advantage of such a movement to get the required permission....

b) If the above goes through with some minor hitches... their will be need to Incorporate & Register a new company....so that every aspect of the Entity is Legit.

b) Few willing members to be trained to Invest/Trade who can takeover from me... and can pass on the skills to others as & and when required.... (Never a good Idea to depend on a single individual..moreover by then it may not have any excitement left for me... )

~~~~~~~~~~~~~~~~~~~~~~~~​

Leg work for the first Entity to be born is not very much....

SavantGarde

Understood the above, Mr. SG

And the the underlined: similar to my motto of life. That is, Self Reliance.
Thanks

I am not thinking of averaging out my investment already in Reliance, for I am aware of the fact that averging out is worst trap a trader gets into. Nevertheless, would you recommend to buy a few more Reliance for a short-term holding?

 

[amit_15]

Thank you Mr SavantGarde.

Amit.

 

[SavantGarde]

Hi Goofy,

RIL because of Index management can drop below 900 only on Intraday.

If it closes below 900 on any day....then there could be another tranche of Treasury Stake Sale which has been very cleverly being bought by MA Entities... even during the prior few Treasury Stake Sale that took place few months back.... people were at sea about reasons of RIL not participating in the rally & its prolonged downward bias....

Happy & Safer Trading

SavantGarde

Understood the above, Mr. SG

And the the underlined: similar to my motto of life. That is, Self Reliance.
Thanks

I am not thinking of averaging out my investment already in Reliance, for I am aware of the fact that averging out is worst trap a trader gets into. Nevertheless, would you recommend to buy a few more Reliance for a short-term holding?

 

[Goofy]

Goofy,

Reasons could be

1. Its a free service from SG. (Anything free cannot prolong unless it is a charity).
2. SG wants to prove his stand on his words.(1 year time is enough to prove his stand).

But, how to convince SG that we have no doubts about his stance or words or his trading genuis.

With all due respect, Mr. Veluri, by saying the above, somehow I feel that you mistook my honest questioning as doubting Mr. SG's sincerity.

Nothing could be far from truth.

But being a life-long student of Physics, I have learnt if you don't question. Answer doesn't arrive in your mind as a surprise-guest.

Thanks

 

[Goofy]

Hi Goofy,

RIL because of Index management can drop below 900 only on Intraday.

If it closes below 900 on any day....then there could be another tranche of Treasury Stake Sale which has been very cleverly being bought by MA Entities... even during the prior few Treasury Stake Sale that took place few months back.... people were at sea about reasons of RIL not participating in the rally & its prolonged downward bias....

Happy & Safer Trading

SavantGarde

Sorry, Mr. SG, I am at sea myself!
So what's the verdict: Buy or Don't?

 

[SavantGarde]

Between the price of 890 on the screen....& the great urge to scratch.... Buying would take precedence.....

SavantGarde

Sorry, Mr. SG, I am at sea myself!
So what's the verdict: Buy or Don't?

 

[kalyanisalem]

Goofy ,savant ji can tell you the entry price but exit wont be like hero honda you need to wait for very long term correct na ji.

 

[talisman]

Sir,

Was trying to figure out nuances of Co-operative thingy. Pardon my ignorance but This term has several connotations including, cooperative society/bank or credit coopertaive..what exactly are we talking about...

Leg-work thing is quite complicated and will demand good enough efforts from people who have some idea about it or from the ones willing to volunteer for the cause...perhaps it would be great to get serious participation from serious people about the concept..I mean you have floated an idea and now its upon the rest of us to make it happen and not ignore it as pre-booze freaky friday concept...

My immediate reaction was of a feel-good factor about the idea..Ad says..an idea can change your life.....so fellow friends..pour in whatever comes out from your left side of the brain..