Stocks To Keep A Close Eye On

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PGDIMES

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gauharjk

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Today is the day of shakedown... to scare retail investors and intraday players out of the market so that big boys can bottom fish. It happens from time to time...

Banking sector went negative after the FD interest rate hike 2 days ago. SBI is so sweet cheap... Fundamentally very strong. Major support could come at 2800, but I don't think it would go there.

SaiVenkat bro, please post an SBI chart here and tell us what you see...

Cheers!
 

PGDIMES

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need one more down push say 40 points on nifty to get out these puts without damage which still seems remote. I think it is better to bow down and close with a minimum loss.
If you have 5800 puts from 1st Dec, no point in fighting for another 40 points...:D Maximum build up in 5800 PE's and 6000 CE's OI... Be careful in what you trade...
 

gauharjk

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SavantGarde

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Those looking to invest......

Buy 40% of the intended quantity Today in the following:

1) SBI
2) ABGSHIP
3) IFCI
4) TVSMOTOR
5) VIJAYABANK
6) HANUNG (Between 218-221)
7) COALINDIA (Below 314)

Will not be here for an hour or so....will comeback & check
Use todays DIP to deploy... atleast 30% of the Amount allocated for Investment.... in any of the above or even those which are not reflected in the list above...but are good scrips


SavantGarde
 
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