Stocks To Keep A Close Eye On

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gauharjk

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5 cos borrowed Rs 1k cr to invest in stocks: CBI sources

More and more drama comes out of this saga.
Was it illegal? Have these 5 companies been named?

I really hope HCC is not one of those companies.

It is learnt that companies took loan to invest in stocks and manipulate share price . Sources also add that a company took loan of Rs 560 crore, another borrowed Rs 300 crore while rest of them took loan of Rs 50-60 crore.
 

anayash

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I am glad that you, SG sir, Goofy bro, Talisman, Trader_man, Saivenkat, Gangadharan, shaslam, nac, deneb, rajeabc, Prashant, PGDIMES, Alroyraj, Rajputz, Raunak Sir, SM bhai, columbus, prst, Nimish, rrmhatre72, jagankris, Dan Sir, Sureyes, kooldude1411, MindlessTrader, VJAY, crown, Anant Sir, PT bhai, stock72 and all traders here are my friends.

Cheers!

wow! u actually remembered so many names? awesome! :thumb:
 

gauharjk

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SavantGarde

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Hi Nithin,

Have just checked the chart of RENUKA, advise would be to hold... till January 2011, beginning of February remind me to have a look at it once again...


Happy & Safer Investing

SavantGarde


Nithin,

with 4000 shares it was perhaps unwise to give up the profit that you saw at +100 levels....

When you hold such quantity...the strategy should ideally be
Exit 5-8% quantity at every 10-12% rise in price from entry
Staggered exit & Staggered Accumulation is always better...for several reasons

With staggered exit one takes advantage of the rise whereas if you exit completely at a particular point....then you will most definitely feel a little bad if it moves even more from your exit

Similarly for Accumulation...

Anyways...will need to look at the charts to see how it maybe placed for coming few sessions... but +100 looks difficult for the month of December...unless sugar prices globally rise further...or some news about decontrol of the sector or even some bullish news from the company....

Let Friday....go by.... will see what to do next week...


SavantGarde
 

SavantGarde

Well-Known Member
Hi Premothi,

If I remember correctly you had posted before in Gauhar's thread of Opto Circuit
about choosing between ICICI & LIC

Anyways, what took you so long... to ask for an entry in SBI @ 3375... it becomes difficult to ask a trader to cut his position 400-500 bucks down from his entry....

There is no point squaring this position at this point of time....

Will work out something..whereby you can maintain your existing position and get into something either Intraday or a couple of days HOLD to offset some of your loss from this position....Please do let me know if it is ok by you....


Happy & Safer Trading

SavantGarde




SG Sir,

Holding Dec Futures SBI@ Rs.3375. Any chances of recovering my money? Please guide.
 
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