Stocks To Keep A Close Eye On

[SavantGarde]

Ideally would look at the 100% level pullback for an ideal entry... but may get it around expiry....

Like I said earlier it is not always on the crossover of 5/6 that is why the charts posted...

SavantGarde

Cogito,

this could help why the buy signal is generated ...

 

[rrmhatre72]

even intraday, the position is neutral ( long call and long put). so how the does he is going make money from 50-100 point move?

Hi Rajesh,

I had posted reply on this but some how it is deleted from the thread hence reposting.

I am taking about Intraday strategy only. Aim is to get 1-3% return on investment on daily basis. Which means ~20-30% return/month assuming some trades will be negative. Which means doubling your capital within six month.

My 13 days trades have proved that money is made. Pls refer below example to understand how the logic work.

1. Thursday's market close is @5942.
2. let us assume that it will open on same rate on Monday. This mean strangle for the day will be 5900PE & 6000CE.
3. Thursday's closing for this Strangle was 108(CE - 56 + PE 52) with 13days left for the expiry.
4. Assume long weekend is not discounted in this price & it will get discounted on Monday then theoretical value for this pair will be 95 (CE 49 + PE 46) with 10days left for the expiry.
5. We need to take position @95.
6. If Nifty moves up by 60 points then this pair will cost 106 (CE 77 + PE 29)
7. If Nifty moves down by 60 points then this pair will cost 100 (CE 27 + PE 73).
8. So in either case I am hitting my target.
9. If nifty does not move & stays around same point (within +/-20points) then this trade will have loss.

As indicated earlier, It worked very well in first half of Dec. but I am observing since last two days it is not working like this in spite of movement in the Nifty.
So was just wondering if it will not work fine in second half as expiry is very close. In that case is it good idea to go for following month's series?
OR this was just one time case due to long weekend

Again this is just start.... I want to link it with SG's PA.....
We have both the position... Based on PA we should able to predict lower point for the day... That will be time to exit just PE & hold to CE for retracement expected.... This way you can increase profit to 5-10%/day.
But this is far away till I lean PA suggested by SG... but just trying to prepare base....

 

[gauharjk]

SG sir,
Why is there a BUY signal for AUROPHARMA eventhough there is no crossover for it in the charts? How is the BUY signal calculated according to 5/6?

I think the volumes of the last 10 trading sessions show accumulation pattern.

 

[hotguy_nextdoor]

hi cogito,

chart with crossover for auropharma attached

 

[rajputz]

SG sir,
Why is there a BUY signal for AUROPHARMA eventhough there is no crossover for it in the charts? How is the BUY signal calculated according to 5/6?

Buy trigger are different for different systems.

 

[MurAtt]

Did some one noticed that nifty just bounced after forming the double bottom. I was hoping for the same. Now it is standing at one of the stiff resistance and that too it is breaching with good volumes. Monday tuesday can be good breakout. Failure can go for little sideways movement. Lets c and hope for the best.

@Rajputz

Dbl bottom yes .. BUT b/o would be above 6030 ..
Then tgt would be 6030+(6030-5770) = 6030+260=6290 :hap2:

BUT crossing 6030 would be difficult as a lot of eyes on this already as well as FII also eyeing this .. they need to adjust positions before any major move :lol:

:cheers:

 

[rajputz]

@Rajputz

Dbl bottom yes .. BUT b/o would be above 6030 ..
Then tgt would be 6030+(6030-5770) = 6030+260=6290 :hap2:

BUT crossing 6030 would be difficult as a lot of eyes on this already as well as FII also eyeing this .. they need to adjust positions before any major move :lol:

:cheers:

They have to buy off. Fir feb20 to march 15 tak sideways rangebound rakhenge to distribute and near the budget fir gira denge. :lol:

 

[euginsa]

If you observe NF daily, you will be able to observe these time periods yourself. Lots of times, the spread in NF would be more than 1 points, volumes low and we would be just in a 10 point range. These are resting points. In general, high volume activity and price movements happen around the closing of the 30 minute candle. There are good exit points.
Besides, you will notice the following time periods

- 9:15 to 9:30 is a high activity period usually because of overnight positions being adjusted and new positions being added.
- 9:30 to 12 is usually a low activity period. Activity "decays" as we reach 12. This usually puts SG to sleep
- Activity peaks around 12:30. Most intraday U-turns happens in the 12:30 candle
- 12:30 to 2:30 is medium to high activity period with 1:30 and 2:30 surges
- Between 2:45 to 3:15, individual stocks move because of people being wrong-footed in their intraday positions squaring off.

Others can add more, these are just my 2 seconds on time periods.

Regards,
E.

This is a good stuff. But any one can bring out some common up and down in monday to friday. when i notice it seems if nifty monday to thursday friday it will be down and if nifty down from monday to thursday friday will be up. If some tell about this , it will be useful for us.....

 

[columbus]

one can watch out for VIVIMED.

 

[talisman]

With all due respect:-

1) I will also not trade in Pharma companies because they are indulged in overpricing the drugs which ultimately burns a hole in the pockets of suffering people!

2) I will also not trade in some Large cap Banks (including ICICI, Axis etc) because they have provided loans to Microfinance companies like SKS.

3) I will also not trade in ADAG stocks because most of them are not reliable enough. Because their group companies are indulged in unethical practices and because they looted millions of Indians their hard-earned money through RPower IPO.

4) I will also not trade in RELIND because this group has never really believed in maintaining moral and ethical practices and because it has helped in establishing one of their stooges in Petroleum ministry.

5) I will also not trade in Auto Companies because they are crippling our already pathetic road infrastructure by launching new vehicles.

6) I will also not trade in Delta Corp because this company will encourage gambling practices and we all know, how many Indian households were destroyed because of gambling addictions of poor people.

7) I will also not trade in Gems and Jewellery companies because by hiking prices of gold they are making it tough for our beautiful Indian ladies to own a piece of this basic essential commodity!

8) I will also not trade in Airlines stocks because...you really want to know why? Com'n, check hike in fare prices this month! They are operating a cartel out there!

What Else? I wonder, do we really have a choice about becoming a part of speculation is the mother of all evil? No Sir, we dont have! We are already a part of it and it starts right from the time when we start pressing F1 & F2 in the morning. Whatever is listed there, be it a Cals Refinery or a SBI, deserves to be traded. In any case, when one makes money in market, other one loses but in a perfect, idealistic and Utopian world, everyone should win equally and lose equally. Right? The system is all about making profits through right or wrong means so where is the scope of setting any yardstick in terms of selecting scrips?! Perhaps it will make more senses to rephrase the sentence as "Speculation is the mother of all wealth!"

They say, nothing is ever in black or white. Everything is grey. Stock market and terms like morals, ethics and principles etc etc are no exception to that. Even if its all about conscience which more often than not, often works to its own convenience. Period!

P.S- Money is green. Right? But then green is also associated with growth, jealousy & envy! I wonder..

To all TJ friends, a piece of my mind.

As I got little experienced I knew if I didn't have certain rules in place, I would be a willing partner in an activity that was brutally summed up by Gordon Gekko in Wall Street II: 'Speculation is the mother of all evil.'

I might do intra-day trading in an absolute dire need, but will never apply for IPO or invest ( long or short term) in a company that is run:

a) by petty crooks (Ansals, DLF etc...almost all realty companies)
b) by the people without any tangible, India-based assets, and whose revenue is solely derived from 'Gora People' money (All IT companies)
c) by the ones who ruin environment in the name of development (Vedanta, for example)
d) by the people who try to leverage a noble endevour to make a quick buck. (Micro financing companies)
e) by the snobs who think the world owes its existance to them. (people like the Kingfisher guy)