Stocks To Keep A Close Eye On

[asnavale]

Himaalaye (no offence, brother, but I hate 'Englishising' the sulimely sounding Hindi words), YES. But it stretched from all the way from our eastern states to the our friendly 'enemy' country!

Utrakhand? No way. But Utrakhand is beautiful, I know!

Himachal?

-Anant

 

[SavantGarde]

Yessss.... exactly what I thought...after my stupid guess of Germany...

SavantGarde

Himachal?

-Anant

 

[SavantGarde]

Young Lady Neetu,

Go ahead with the intended 50% quantity...no need to do all things that you hate...such as tracking and etc...& no Stop Loss...either....I am quite familiar by now of your Likes & Dislikes....& will always be mindful in anything that I recommend....to You.

Happy & Safer Investing

SavantGarde

Savantji as you have given me green signal to buy Fortis 50% of quantity want to buy is there any need for a stop loss or tracking it ???
any target that would be highlu appreciable thnx for all the help

 

[NANDAMAD]

due to popular demand, i have also written some poetry for danpickup.

i know dan
he is an option man

dan likes to ride his pick up
when he is having ketchup

i know dan
he is an option man

english is not dan's strong point
and his logic is sometimes disjoint

i know dan
he is an option man

dan's messages are sometimes cryptic
perhaps dan is a little apocalyptic

i know dan
he is an option man

one thing i do know is that dan is smart
and he has a very big heart

i know dan
he is an option man

don't mind dan
he has helped me understand

i know dan
he is an option man

it really gives me great pleasure to see all of you are so
enthusiastic and selfless people. I thank god for bringing
me into tj. He has introduced me to beautiful people like you.

Nandamad

 

[SavantGarde]

Hi Kumaran,

If you hear drumbeat of 5300 emanating from the channels.... then there is a good chance that you may not see the level....and while you wait endlessly for that level... to start shopping... you probably will need to wait until next correction...which may happen in April or May 2011.

I have mentioned looking at the chart posted by Anant that we will see an arrest of the down move at 5400 levels....that doesn't mean you will not have opportunity to start shopping at 5800, 5700, 5600 & 5500 levels.....It will entirely depend on individual scrips and their downside....

Relax.... I am only away for 3 days.... & who knows we might be 120 odd points higher on Nifty when I do return on wednesday..... Expiry week has its own idiosyncracy.....

SavantGarde

Dear savantji & members,
Nifty can go down further according to stories i read in reuters(upto 5300) ,livemint, moneycontrol,Hindustan times etc.

I think the time is ripe to buy. what do you guys advise........

 

[asnavale]

Ok folks....off to the kitchen..to make some tea with lemongrass & gauti pudina... if any of you want some let me know.... will send it through Internet....

SavantGarde

"Gauti Chahaa". It is my favourite too.

-Anant

 

[trader_man]

Hi Kumaran,

I have mentioned looking at the chart posted by Anant that we will see an arrest of the down move at 5400 levels....that doesn't mean you will not have opportunity to start shopping at 5800, 5700, 5600 & 5500 levels.....It will entirely depend on individual scrips and their downside....


SavantGarde

Mr SG, sometimes my head starts spinning when I see so many scrips to choose from. Can you please make some recommendations that we could indulge in at those levels? Thanks.

 

[SavantGarde]

Goofy Man,

Here goes the reasons for correction...

a) Some corrections are cyclical like the present one for reasons outlined before it started....(usually happens twice a year)

b) While some corrections are global in nature... and can get prolonged

c) ...and another type of correction could be because of our market having risen too fast & in very very short time.....

d) Yet another type of correction would be because of macro economics

e) while there are those that can be induced through instability of the government

f) Few sectors that go into correction are interest sensitives because of RBI policy change...on Interest and could be a shocker for some sectors... if the percentage move is more than market consensus

There are perhaps few more but can broadly categorized into one of the above

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Cyclical ones are perhaps.... better and can be anticipated with reasonable accuracy.

While rest of the others can come quite as a surprise...through a single bad event while our market is in session....or after market hours....viz. un-scheduled RBI announcing higher interest after market hours...& etc.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

If we are Long....& depending on the Margin of Safety built into a position or portfolio....giving up of some gains is inevitable...incase of negligible margin of safety.... incurring some loss is just as inevitable.

Key to what is required is what separates a Successful Trader from one not so Successful.... is a fairly good assessment of the quantum of downside & If it can be accompanied by a fairly good Time frame..nothing like it... Sone Pe Suhaga..

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Whyyy...do I have this feeling you will pick something from the above for another one line query that will require 1000 line reply....

I don't mind the 1000 line reply...it will just have to wait...

Happy & Safer Trading

SavantGarde

 

[SavantGarde]

It will be there next time......

SavantGarde

"Gauti Chahaa". It is my favourite too.

-Anant

 

[sudintripathi]

dear Savant,
would u like to tell me about some equity Stocks.
where i can make profit.

thanks
Sudin