Stocks To Keep A Close Eye On

Status
Not open for further replies.

vicky_ag

Well-Known Member

djsan007

Well-Known Member
Dear Savant,

I have short shares of Relcap @ Rs 590.... Will it fall below 580 today... Its day hight till 11.00 was 592.60.:)


Is it ok to buy ICICI BANK @ Rs 550
Waiting for your reply......

How to delete the post??????:D
 
Last edited:

SavantGarde

Well-Known Member
Sandeep,

What I Am Going To Say Is Bitter, But Can't Help

Your Trades Are That Of A Gambler, It Seems To Me You Don't Have Control Over Your Impulsive Nature & That You Have To Do Something In The Market Everyday To Get A Dose To Satiate Your Hunger....Believe Me One Can't Earn Any Money Through Such Behaviour

It Is A Very Destructive Nature & I Am Not Going To Be Party To Any Such Behaviour.

I Had Very Specifically Posted Yesterday That Don't SELL RelCap But Put Price Alert For Every 5 Bucks Increment From It's Opening Price.....Do You Know What It Means To Let Your Profits Run...

From Now On If You Have Queries Regarding Any Of My General Posting Here
In Terms Of Triggers, I Will Gladly Reply To That.....




Happy & Safer Trading

SavantGarde


Dear Savant,

I have short shares of Relcap @ Rs 590.... Will it fall below 580 today... Its day hight till 11.00 was 592.60.:)


Is it ok to buy ICICI BANK @ Rs 550
Waiting for your reply......

How to delete the post??????:D
 

djsan007

Well-Known Member
Dear Savant Sir,

I'm sorry as i told you few days back i got some money which i wanted to invest for short term like for 2 week, So i played this gamble.
While in the morning as i said, I short Relcap 500 shares @ Rs.590 & Bought them back @ Rs 578. So i got a Profit of Rs 5270 after all deductions.:clap:
Again in the afternoon i think at 1, I Short Relcap 500 shares @ Rs588 and later it didnt fell further it went on rising and i bought them back @ Rs 598 , whereas i got loss of Rs 5741.:( . ... So net P/L for the day was something Rs -500.

As per ur advice I'm going to quit playing this game (Intra-day trading), Please help me in Short term investments. And 1s again thanx for the support and interest shown for solving my queries from past one week.:thumb:



Sandeep,

What I Am Going To Say Is Bitter, But Can't Help

Your Trades Are That Of A Gambler, It Seems To Me You Don't Have Control Over Your Impulsive Nature & That You Have To Do Something In The Market Everyday To Get A Dose To Satiate Your Hunger....Believe Me One Can't Earn Any Money Through Such Behaviour

It Is A Very Destructive Nature & I Am Not Going To Be Party To Any Such Behaviour.

I Had Very Specifically Posted Yesterday That Don't SELL RelCap But Put Price Alert For Every 5 Bucks Increment From It's Opening Price.....Do You Know What It Means To Let Your Profits Run...

From Now On If You Have Queries Regarding Any Of My General Posting Here
In Terms Of Triggers, I Will Gladly Reply To That.....




Happy & Safer Trading

SavantGarde
 
Hi Balram,

Here Is The Promised Detail Of How F&O Works.

You Will Have A Seperate F&O Ledger With Your Broker, Just Like The One You Have For Equities.

Let's Assume Your Opening Balance In F&O Ledger Is 1,00,000=00

a) You Buy 1 Lot Of NiftyFuture @ 3400.00, Lot Size Being 50, Unlike Shares Where One Will Normally Have To Pay 3400 x 50 = 1,70,000=00 Is Not The Case For F&O (And For Sake Of Easier Understanding Omitting Brokerage & Other Mandatory Charges) Let's Assume Total Margin Requirement Is 10%, Therefore You Will Need Only 17,000=00 To Buy 1 Lot Of NF

b) The Price On The Day Eventually Closes @ 3420.00 & You Have Not Sold It
1) Your Client Summary Will Reflect The Following
Opening Balance 1,00,000=00
Mark To Market P/L 1,000=00 (20x50)

Required Margin 17,100=00 (3420x50x10%)
Ledger Balance 83,000=00

c) Your Ledger Balance Is Dynamic As Long As You Keep Holding The NF
Which Will Reflect From Previous Days Closing & Therefore Sufficient
Balance Is Required To Take Care Of The Downside During The Holding
Period If You Have Long Position.

d) Similarly If You Bought NF @ 3400 & Sold It For 3420 Same Day
Then Your Ledger Balance Will Show As 1,01,000=00 Adding Your
1000 Profit Earned On That Day

So Ledger Is Dynamic On A Daily Basis If Holding Any Positions & Affects The Ledger Amount Immediately, Profit & Loss Is Debited & Credited Same Day As Opposed To If You Had Bought Some Shares @ 10 Rupees & Paid For It, Later The Price Drops To 8 Rupees Thus Sitting On A Loss Of 2 Rs. Doesn't Affect Your Ledger Balance.

I Guess Thats About It, If You Still Have Any Query, Will Be Glad To Answer Them.

Yesss....The Stock List Also Will Be Posted Today...:)


Happy & Safer Trading

SavantGarde
hi savant ,

can you give the example for option trading ?

sushil
 

chaitanyagoa

Well-Known Member
Dear Savant Sir,

I have 250 shares of MIC electronics and Glorypoly films @ 30 rs a piece. Glorypoly films is making new lows although the other companies are going up?
what is your bet on these 2 companies? any comments will be appreciated...

Also i would like too know about Unitech? i have 250 shares @ 47 a piece, but this company seems to be very unpredictable and it is on the rise for the last two trading sessions.. so what should be my next move?

Thanks

Chaitanya.
 
Dear Savant Sir,

Don't you think that glory polyfilms is operater based stock ?

If we follow the stock from July 2008 it was started the uptrend till starting week of december 2008 most importent thing when most of the stock made years lows in the month of oct.08 glory whent up continued to make highs it is realy supprising for me.

can you put some light on the same.

Regards
Balram
 
Status
Not open for further replies.

Similar threads