Stocks To Keep A Close Eye On

[chaitanyagoa]

Seniors,

Can someone please throw some light on Great Offshore?

Also from where do i get to see the live charts..... will be helpful if someone explains.... i have read the thread by Saint but i cant find the live charts....

My third question is "Why is Bhushan Steel shooting up in such a manner?".. it went up by 200rs in the last two days?

Thanks

 

[kindman]

chaithanya if ur having trading account then ....please request your broker to provide online trading s/w....(leading brokers having) ..... u will get username /password ect ect..

login and add your on script... watch live charts ( bar/ohlc/line ect ect)..

 

[praveen taneja]

Savant sir ur views needed here
http://www.traderji.com/software/28577-any-news-about-teledata.html#post307202

 

[docvijay4u]

Hello Chaitanya, I Will Leave Answers Of Questions For SavantJi But Let Me Share Few Things With You.

Are You Following System SavantJi Mentioned Here? Before Coming To This Thread I Read 5+ Books On Stock Market But Now I Stopped Reading Too Much Things(Now I Use Them Only As A Reference Book). Why? Because You Don't Need Too Much Things For Surviving In Stock Market.

Instead I Choose To Follow Trader Who Have Sucessful System And Adujst My Sail Along HIS Direction. One Have To Specific In Which Time Frame He/She Want To Trade Then Find System Which Gives Good Results By BackTesting Or By Trading Or By Monitoring (Paper Trading). If You Satisfy With Results Then Literally Blindly Follow The System, Tweak System Only When Somthing Goes Horribly Wrong. Intially Follow Only Specific List Of Stocks Even If It's Short And Don't Look What Rest Of The Market Is Doing Until You Habituate To Follow System. System Always Works It Is Mind Which Makes Differece Between Succesfull Trader(Trader Who Don't Mind) And Less Sucessfull Trader(Trader Who Mind). So When You Have System It's Journey From Mind To Don't Mind.

As Far As Positional Trading Is Concered SavantJi's System Is Wonderful, It Also Works Also On Other Time Frames But On My Side I'm Still Adjusting My Sail.

Sorry For Such A Long Post, Not Very Specific To Your Quries But Felt That Should Share Few Points With You.... Just Few Thoughts From A Beginner......

Thanks.

Seniors,

Can someone please throw some light on Great Offshore?

Also from where do i get to see the live charts..... will be helpful if someone explains.... i have read the thread by Saint but i cant find the live charts....

My third question is "Why is Bhushan Steel shooting up in such a manner?".. it went up by 200rs in the last two days?

Thanks

 

[balraj167]

Hi Savant Sir,

Please advice I am little confused & nerves that should keep below mentioned stock or sale it what could be my perfect stop loss to minimize my loss and maximize the profit. Next week will be highly volatile (as heard from news) should I sale & buy at pull back.

NAGARFERT: buy at 23.30 last price 25
HINDALCO: buy at 55.50 last price 68.30
NTPC: buy at 183.30 last price 189.90
SBIN: buy at 1080.30 last price 1324.55

Can you please put some light on trailing stop loss i really don't know about it.

Best regards
Balram

 

[vicky_ag]

Balraj

Traling stops are a very helpful feature in trading, but as our country's brokers seems to like being stuck in stone age so, this is not implemented as of now.

Coming to what are Trailing stop losses. Lets take an example of NTPC you bought.
NTPC : Buy @ 183.3

And say your Stop loss is 180.

Now, suppose you think NTPC might rise by 10 but in case it doesnt you want to save your position and want to maximise profits. How to do that?

Use Trailing Stop Losses. Say, use a Trailing Stop loss as 4.

Then,

When price reaches...187.3...Stop Loss is changed to 183.3
When price reaches 188.3 Stop loss is changed to 184.3
When price reaches 189.3 Stop loss is changed to 185.3
When price reaches 190.3 Stop loss is changed to 186.3
When price reaches 191.3 Stop loss is changed to 187.3
................
.................
................
...........
You get the idea. Your Stop Loss would trail the Current market price by 4.

So, even if are wrong about prices going as high as 193.3 and it stops at 192 and retraces, you would net a profit (187.3- 183.3= 4).

Remember, in case the pullback is momentary and it is just a small correction, you would be losing bigger profits. That is, the price touches 187 and then goes on to make a new high of 200, you lose the big buck.

As, of now, no broker is giving the facility of a TS. If you find one let me know.

Hi Savant Sir,

Please advice I am little confused & nerves that should keep below mentioned stock or sale it what could be my perfect stop loss to minimize my loss and maximize the profit. Next week will be highly volatile (as heard from news) should I sale & buy at pull back.

NAGARFERT: buy at 23.30 last price 25
HINDALCO: buy at 55.50 last price 68.30
NTPC: buy at 183.30 last price 189.90
SBIN: buy at 1080.30 last price 1324.55

Can you please put some light on trailing stop loss i really don't know about it.

Best regards
Balram

 

[MurAtt]

Wishful Thinking

To protect retail investor/traders, SEBI should make it mandatory for brokerages to give TS (at least in NF)

 

[aaplana]

HI SG,
After waiting so much time now first time I entered into Market using system 5,6 SMA crossover. Yesterday I bought
GWKPOWER @ 27.5
WELSPUNGUJ @ 105
Hope it will be a good learning.

Aaplana

 

[SavantGarde]

Guys,

It Is My Understanding, That More Than SEBI Or Exchanges It Is Software Developers Who Have Taken It Easy On Further Development

ODIN Which Has Been Developed By Financial Technologies & ORION By
3IInfotech

If They Could Provide Bracketed Execution Or Trailing Stops There Is So Much More That Could Be Provided.

There Is Much More That Can Be Done For Small Investors But Both Exchanges & The Regulator Are Busy In Trying To Find Ways To Increase Their Revenue & Margins.

A Few Cases Of Irregularity Is Picked Up From Time To Time By Regulator Is Just A Whitewash To Show That They Are Doing Their Job....

Anyways, It Will Take Another 2-3 Years For Brokers To Be Able To Allow Investors/Traders To Start Using Third Party Software For Order Execution & Charting All In One.

In The Meantime, Let's Just Sharpen Our Skills.....Better To Be Able To Do It When We Have Limited Technology, That Should Keep Us On Our Toes...

Happy & Safer Trading

SavantGarde

 

[SavantGarde]

Hi Balram,

Leave NTPC, Don't Keep A Stop Loss For It. Doesnt Matter Which Way It Goes.

On The Others, I Have Suggested Next Day After Entry To Keep A Stop Loss Of 50 Day Moving Average, Thereafter, Calculating The S/L At EOD With Each Day Gone By After Entry By Reducing DMA By One

Example:

Let's Say You BUY A Stock On Monday
For Tuesday You Calculate The 50 DMA & That Becomes Your S/L For Tuesday.
For Wednesday You Calculate The 49 DMA On Tuesday
For Thursday You Calculate The 48 DMA On Wednesday
You Do This Everyday Till You Reach The Calculation Of 10 DMA.
After 10 DMA What ?
Let Me Know When You Reach 10 DMA First...

Stop Listening To All The Noise & From TV Channels Which Is Making You Jittery, Infact Friday I Mentioned BUY Whatever One's Heart Desires.

Like I Said Before, People Still Have No Clue Yet How Much The Market Is Going To Go Up, Watch The Fun, A Little Running Correction Is Healthy & Think Of Other Scrips For Entry Instead Of Selling When You Witness Some Correction.

Now Globally Much Of The News Is Out Therefore Only Thing One Can Expect Some Manipulated News On Our Election Which Might Induce A Kneejerk Reaction Only To Resume The Uptrend.

Manipulated Because Lots Big Guys Have Remained Out & They Are Seething From Being Left Out & Bears Because They Have Been Caught On The Wrong Foot So Don't Get Caught On The Wrong Foot When You See It Happen

Happy & Safer Trading

SavantGarde

Hi Savant Sir,

Please advice I am little confused & nerves that should keep below mentioned stock or sale it what could be my perfect stop loss to minimize my loss and maximize the profit. Next week will be highly volatile (as heard from news) should I sale & buy at pull back.

NAGARFERT: buy at 23.30 last price 25
HINDALCO: buy at 55.50 last price 68.30
NTPC: buy at 183.30 last price 189.90
SBIN: buy at 1080.30 last price 1324.55

Can you please put some light on trailing stop loss i really don't know about it.

Best regards
Balram