Stocks To Keep A Close Eye On

[MurAtt]

Why advance tax nos not doing HOT TALK esp when they are higher and in good numbers (YoY) ... are they being played down ?

350 cr plus by TISCO & HDFC Bank
270 cr plus by RIL
150 cr plus by ICICI
120 cr plus by Tata Motors
100 cr each by SBI and LIC
AND
a lot of aloo, pyaaz, tamatar cos paying mucho more than last year ....

Nothing on the channels .. kapitsch ... something fishy kya

 

[SavantGarde]

It is definitely being played down.... shows big guys are on the wrong side...

Infact a few days back on Cartoon Network they showed previous figure of LIC as current advance tax paid which was lower than current figure. .. and showed the current as previous figure... it was never corrected...and LICHSGFIN moved down..by almost 18 bucks

AnywaysNF has given a BUY trigger.... will be updating the thread today

SavantGarde

Why advance tax nos not doing HOT TALK esp when they are higher and in good numbers (YoY) ... are they being played down ?

350 cr plus by TISCO & HDFC Bank
270 cr plus by RIL
150 cr plus by ICICI
120 cr plus by Tata Motors
100 cr each by SBI and LIC
AND
a lot of aloo, pyaaz, tamatar cos paying mucho more than last year ....

Nothing on the channels .. kapitsch ... something fishy kya

 

[Siddesh Gaddi]

why do you think banks are trading at such low p/e ratio comparatively?
is it right time to buy banking shares? if so which companies do u suggest?

 

[SavantGarde]

Rahul,

Your query doesn't have enough details to look into...

SavantGarde

Hi SG,

I was working with Strangle on intraday basis since start of Dec.
Target was to fetch 1-3%/day on invested amount. It was working nice.
I had seven trades... 5positive & 2negative....
which is 5k net gain(after brokerage) on investment of 38k.... means 13% return in first half of Dec... & risk involve is lowest as positions are hedged...

But since last two days, I observed it is difficult to fetch money... Strangles are not crossing their buying price....
is it effect of 15th of the month is crossed?

Will it be more effective if I play with Jan series now as 15th date is crossed?
Pls share your experience.

 

[rrmhatre72]

Rahul,

Your query doesn't have enough details to look into...

SavantGarde

SG,
let me try to explain what I am doing.
I do following steps.

1. Let us assume market is closed @5850 level yesterday.
2. Before 9am I just check value for strangle of 5800pe & 5900ce. let us assume close for the pair is @100. Both are OTM options. Assuming 20days to expiry... pair value will reduce by Rs5/day (i.e 100/5).
3. Based on this my target entry should be around 95-98.
4. If market opens at same level of 5850 then I take entry in this strangle. (If market gaps up & open at 5900 then i will go for strangle of 5800pe & 6000ce. or other way for gap down)
5. During day. market swings ~50points to either way from its opening price.
6. During this swing, option pair which I have bought in the range of 95-98 goes to 101 to 104.
7. Book profit taking advantage of this daily swing & try to earn ~2-3%/day.
8. I worked with same logic for first half of Dec & able to fetch 13% cumm return on investment.
9. Now lets take yesterday's example. Market opened at 5900 hence I took position in strangle of 5800pe & 6000ce. earlier day's close for this was Rs100.
I bought it @98. Yesterday market swing in both the directions but none of the time it crossed my buying price of 98. & it closed at Rs85 at end of day.
Is it due to 3days holiday ahead? Or is it fast declining effect after 15th of the month?
So if I have continue with my logic then should I take next month's option pair after 15th of the month?

 

[rajeshn2007]

SG,
let me try to explain what I am doing.
I do following steps.

1. Let us assume market is closed @5850 level yesterday.
2. Before 9am I just check value for strangle of 5800pe & 5900ce. let us assume close for the pair is @100. Both are OTM options. Assuming 20days to expiry... pair value will reduce by Rs5/day (i.e 100/5).
3. Based on this my target entry should be around 95-98.
4. If market opens at same level of 5850 then I take entry in this strangle. (If market gaps up & open at 5900 then i will go for strangle of 5800pe & 6000ce. or other way for gap down)
5. During day…. market swings ~50points to either way from its opening price.
6. During this swing, option pair which I have bought in the range of 95-98 goes to 101 to 104.
7. Book profit taking advantage of this daily swing & try to earn ~2-3%/day.
8. I worked with same logic for first half of Dec & able to fetch 13% cumm return on investment.
9. Now lets take yesterday's example. Market opened at 5900 hence I took position in strangle of 5800pe & 6000ce. earlier day's close for this was Rs100.
I bought it @98. Yesterday market swing in both the directions but none of the time it crossed my buying price of 98. & it closed at Rs85 at end of day.
Is it due to 3days holiday ahead? Or is it fast declining effect after 15th of the month?
So if I have continue with my logic then should I take next month's option pair after 15th of the month?

Hi,
whenever you buy a straddle or strangle, you would make money only if the market moves on either side big enough to make profits ( which is above 6000+98 or below 5800-98).

 

[MurAtt]

http://www.traderji.com/equities/10035-stocks-keep-close-eye.html

@SG

Infy .. 3300 almost .. what say .. exit in a surge now .... ?
Buy price 1500 ... sold at 2400, bot at 2200 .. again sold at 2900 bot at 2700 and then again sold at 3100 bot at 3000 ... so effective buy price 1000 for 25 nos .. balance 75 at 1500 ...

 

[rajeshn2007]

Re: Stocks To Keep A Close Eye On - Chapter II

@SG

Infy .. 3300 almost .. what say .. exit in a surge now .... ?
Buy price 1500 ... sold at 2400, bot at 2200 .. again sold at 2900 bot at 2700 and then again sold at 3100 bot at 3000 ... so effective buy price 1000 for 25 nos .. balance 75 at 1500 ...

SM,
If I remember correctly, SG has given a target of 4k for infy?

 

[hills_5000]

Re: Stocks To Keep A Close Eye On - Chapter II

deleted ....wrong thread..

@SG

Infy .. 3300 almost .. what say .. exit in a surge now .... ?
Buy price 1500 ... sold at 2400, bot at 2200 .. again sold at 2900 bot at 2700 and then again sold at 3100 bot at 3000 ... so effective buy price 1000 for 25 nos .. balance 75 at 1500 ...

 

[MurAtt]

Re: Stocks To Keep A Close Eye On - Chapter II

SM,
If I remember correctly, SG has given a target of 4k for infy?

Yes .. 4400 to be almost precise ... BUT here if the mkts are supposed to rise then the USD would fall .. and that would mean IT cos going down ...

See the rise .. all based on the USD strengthening ... one dip and see the ITs they will all start rolling like wheels on a downslope ...

And I will not exit completely ... 25 first then 25 second ... 50 is a hold larger term imo .. coz they will be free shares and not from capital i.e. when I sell the other 50 in 100%+ profit ...

Then come whatever ... it doesn't hurt me ... as such ... though reduction in portfolio value would be there (notional - as long as I do not sell) ....