Stocks To Keep A Close Eye On

[hbkhrushikesh]

how do you change stop loss to lock in profits? I trade with ICICIdirect and when i wrote to them, they told me i cannot move stoploss value after the buy order is executed. So what they said is that i cant move my stop loss to lock in my profits

Stocks To Keep A Close Eye On (6th Dec 2006)​

NEW BUY TRIGGERS

NAME

Bajaj Auto

Dr Reddy

Maruti

Tata Motors

The Above Stocks have given a buy signal....which means one can take a position either in the stock or Stock Future.....keeping a Stop Loss of 1% from the purchase price....and continue the position.....everyday adjusting the Stops....locking in the the profits...till the Signal turns....to 'Sell'

One doesn't have to actually buy the triggers above.....instead can study the stock how it behaves.....when it generates a buy signal....The Faith in following it up with actual trade shall come with time........& Trust....

Many Pardons....for not having posted....the explanation earlier.

Seeya

SavantGarde

 

[docvijay4u]

Hi Balraj,

Since You are asking about Breakout I will just focus this on Breakout. Yes as You already mentioned Cipla break resistance of 196, then what are entry points?

First Entry Point is Breakout at Resistance Line.
Second Entry Point is Pullback to Support Line.
Third Entry Point is Pullback to Uptrendline, Keeping stoploss just below uptrendline. So if it perform well along the uptrend we are in business other wise we are out with SL. In my opinion its not wise to enter now because it ran alot in last 7 days, its likely to take rest sooner or later. So my strategy will be wait and watch.

If You are following along SavantJi, You don't have to worry all this stuff. You are in business since 26 Feb at Closing Price of 192.55. That is the beuaty of His system.

SavantJi's comment is Most welcome on this Topic. Thanks.

Hi Savant,

Thanks for your prompt reply
Please find attached chart for CIPLA as from chart will come to know that it had resistance at 196 level it also touch several time (19-12-08, starting and end weeks of January ) after words it clears the resistance level on 4th March 09 and stayed above that level then it touched previous resistance now resistance become support and went up.

My question is person will enter on 5th March 09 when it cleared resistance level or when resistance becomes support.

Thanks in advance
Balram

 

[SavantGarde]

I Have No Idea Why People Insist On Going To ICICI & Other Private Banks For Their Trading Accounts...In Short They Are Idiots & You Can Tell Them I Said It....

My Suggestion....Change Your Account From ICICI To Some Good Brokerage House.

SavantGarde

how do you change stop loss to lock in profits? I trade with ICICIdirect and when i wrote to them, they told me i cannot move stoploss value after the buy order is executed. So what they said is that i cant move my stop loss to lock in my profits

 

[SavantGarde]

My Apologies Folks For Not Being Able To Update....For Today.

Most Are In B.HOLD Still....No Harm Continuing With Your Position Unless Some Scrip Has Moved Up Very Very Fast & For These It Is Suggested To Tighten Your S/Ls.

Happy & Safer Trading

SavantGarde

 

[aaplana]

I Have No Idea Why People Insist On Going To ICICI & Other Private Banks For Their Trading Accounts...In Short They Are Idiots & You Can Tell Them I Said It....

My Suggestion....Change Your Account From ICICI To Some Good Brokerage House.

SavantGarde

Dear Savant JI,
I m following you closely with your daily posting and trying to understand the trading system, I m also on the way for making a good system but after observing your SMA's cross over funda (which is very powerful) i become fan of it and trying to incorporate in my system. Hope if successful will share with you. Thanks for the your contribution .
I also have an account with ICICI, the GREAT Advantage of it " one can enter sell /buy order after expiry hours (Normally after 7 Pm) i mean off market hours and it will be activated as soon as Stock Exchange open on next day. I think it is very for working people who dont have access to market during market hours.

Pl comment

Applana

 

[SavantGarde]

Hi Doc,

Thanks A Ton, With The Queries.....Great !!!

Interested In Knowing What Happened To The Forex Account I Posted That Day

Take A Wild Guess How Much Could Have Been Earned

Happy & Safer Trading

SavantGarde

 

[docvijay4u]

Earned appx. (607+299+301.5) 1207.5 $:clapping: Great Captain!!!

Thanks.

Hi Doc,

Thanks A Ton, With The Queries.....Great !!!

Interested In Knowing What Happened To The Forex Account I Posted That Day

Take A Wild Guess How Much Could Have Been Earned

Happy & Safer Trading

SavantGarde

 

[hotguy_nextdoor]

I Have No Idea Why People Insist On Going To ICICI & Other Private Banks For Their Trading Accounts...In Short They Are Idiots & You Can Tell Them I Said It....

My Suggestion....Change Your Account From ICICI To Some Good Brokerage House.

SavantGarde

Savant Sir,

O.b.o all patrons and fans of you, Greatful thanks to your valuable contribution in this forum.

Btw, according to you which are the best broking houses to go for ? Suggestions please
in terms of competitive brokerage, service, advice, technical knowledge, funda's etc. etc.

Thanks in advance

 

[docvijay4u]

Captain I have question for You: Whenever I get trigger, I really get confused how to sort them out? I mean when I get trigger how to know that particular company is worth investing money? One thing I do is, I use Your Trigger as Platform.

But I will like to know how should I filter them out. Few point I am thinking of:

- Whether company is listed in any of the index like Nifty, BankNifty etc.
- Volume.
- Ignore operator based, controversial, or those counted in like in z index.
- Consider Fundamentals of Company.

Will You please Guide on this Topic. Thanks.

S.N. After following up Auction issue, Today I see money get deposited in my Account. Thanks a lot, it was not possible without Your Guidance.

 

[SavantGarde]

Hi Doc,

Remember DJSinha, Didi The BB AFL, Where He Put The Filter Line Of 250000, Which Would Filter Out Illiquid Stocks, Same Line With Probably Same Figure Can Be Added To Your Filter, You May Want To Experient With The Figures Though.

Hi DJSinha > If You See This Post, Can You Please Throw Some Light On Doc's Afl As To Where Filter Line Can Be Added Also Can Company Names Be Added In AFL To Track Only Those Companies....& By The Way How Is Your Exam Preparation Coming Along.

Doc, I Am Glad You Got The Credit Of The Money In Your Account....By The Way Are You In Bombay Or Where....

Happy & Safer Trading

SavantGarde