Stocks To Keep A Close Eye On

[sagarkapoor]

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

Savant sir,
A few more queries ... I hope you don't mind ... How do you set a Target for a particular scrip? Actually, the problem I'm facing is that I'm unable to extract maximum profits when I'm in profit. Also, are there any other methods you follow for a shorter time period?
Looking forward to your analysis on HDFC as well

Thanks

 

[vicky_ag]

Savant Sir,

I was just about to write the same.

Anyhow, will repeat what you have already said.

People,

Trailing Stop losses are not a prerogative of the brokers but of the software. As, it would be next to impossible for the brokers to keep track of price move for each account and keep track, and change stop losses.

So, to say you need a broker which will accept your orders through a 3rd party software.

If you are still desperate, you can have a programmer write you a Javascript code which you can run on your computer to fetch the values from broker and change stop losses.

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

 

[izzner]

Savant Sir,

I was badly bitten in stock futures during the 2008 crash after which i am hardly investing in stocks(just abt 1 lac).
Now I have summed up courage to invest about 10 lac in stocks

With u r vast expertise in stock market could u please suggest me 3 or 4 stocks in which i should invest for long term...

Also what do u feel about UNITECH and RNRL...

Eagerly awaiting for you valuable reply...:thumb:

 

[SavantGarde]

Hi Sagar,

Have Had A Look At The HDFC Chart, It has Support @ 1638.00

On The Upper Side Targets Are As Follows:

1) 1877.00
2) 1890.00
3) 1903.00
4) 1945.60

Anyways, What Is Your Entry Price For It.

Happy & Safer Trading

SavantGarde

 

[SavantGarde]

Izzner,

You Should Have Entered The Market When I Started Getting BUY Triggers, Anyways, Don't Be In A Hurry Wait For Sometime & Stay Away.

Another Thing Be Aware That I Do Not Follow Short Term, Medium Term, Long Term Or For That Matter Any Term.

It Is Simple As BUY When One Gets The BUY Trigger & SELL When One Gets The SELL Trigger....For My Regular BUYHOLD Posts, & Target Price Is Mentioned For The 20 & 50 Crossover, If You Follow The 20/50 & When The Target Is Reached You Will Need To Prompt Me To Look At The Charts Again.

If Your Confidence Was So Badly Damaged, Then Why Are You Thinking Along The Lines Of Stock Like Unitech, RNRL Is Still Ok, But Can't Recommend For You To Enter Just Now.

Stay On The Sidelines For Now....Only Thing That Looks Good At The Moment Are Banks, Sugar & Capital Goods & Real Estate But Not Unitech, HDIL Looks Strongest In The Pack.....But Need Some Retracement.

Happy & Safer Trading

SavantGarde

Savant Sir,

I was badly bitten in stock futures during the 2008 crash after which i am hardly investing in stocks(just abt 1 lac).
Now I have summed up courage to invest about 10 lac in stocks

With u r vast expertise in stock market could u please suggest me 3 or 4 stocks in which i should invest for long term...

Also what do u feel about UNITECH and RNRL...

Eagerly awaiting for you valuable reply...:thumb:

 

[SavantGarde]

Izzner,

If You Want To Make An Entry BUY SESAGOA (CMP:130.65) Around Or Above133.90 S/L 114.95 First Target 152.85
Check Back Again Tomorrow Before The Market Will Post Some More BUYs For You.

Happy & Safer Trading

SavantGarde

 

[sagarkapoor]

Hi Sagar,

Have Had A Look At The HDFC Chart, It has Support @ 1638.00

On The Upper Side Targets Are As Follows:

1) 1877.00
2) 1890.00
3) 1903.00
4) 1945.60

Anyways, What Is Your Entry Price For It.

Happy & Safer Trading

SavantGarde

Hi Sir,

Actually my entry was at 1500 levels and I added to my position a couple of times so overall my average price is about 1650. Sir, I'm looking at the charts but am unable to see how these targets have been given by you. Could you please shed some more light on them. Also please correct me if I'm wrong but a close above 1970 would mean that the uptrend is still intact as the previous PH would be taken away so if the stock doesn't fall anymore and takes out 1649 which was the previous PL, would it mean that we can stay in the stock right, as it is still in an uptrend right?
I'm asking this because HDFC was one of the stocks which was hammered badly due to the Housing Market crash and Citi deciding to offload its holding in HDFC. Any views on the Fundamental side of this stock as well?

Thanks

 

[SavantGarde]

Sagar,

Targets Given Are For Monday & Tuesday & Moreover Uptrend From Where I Had Given BUY Is Still Intact, Being High Beta Stock One Days Pivot Low At Any Time Doesn't Mean Anything For This Stock, It Will Have To Be 3 Days Of Consecutive Low Below The Support Level I Have Given For It To Be Confirmed Of The Reversal.

Different Strokes For Different Stocks.

Anyways, It Takes Time To Learn Pattern Behaviour For Each Stock Or Groups

Happy & Safer Trading

SavantGarde

Hi Sir,

Actually my entry was at 1500 levels and I added to my position a couple of times so overall my average price is about 1650. Sir, I'm looking at the charts but am unable to see how these targets have been given by you. Could you please shed some more light on them. Also please correct me if I'm wrong but a close above 1970 would mean that the uptrend is still intact as the previous PH would be taken away so if the stock doesn't fall anymore and takes out 1649 which was the previous PL, would it mean that we can stay in the stock right, as it is still in an uptrend right?
I'm asking this because HDFC was one of the stocks which was hammered badly due to the Housing Market crash and Citi deciding to offload its holding in HDFC. Any views on the Fundamental side of this stock as well?

Thanks

 

[sagarkapoor]

Sagar,

Targets Given Are For Monday & Tuesday & Moreover Uptrend From Where I Had Given BUY Is Still Intact, Being High Beta Stock One Days Pivot Low At Any Time Doesn't Mean Anything For This Stock, It Will Have To Be 3 Days Of Consecutive Low Below The Support Level I Have Given For It To Be Confirmed Of The Reversal.

Different Strokes For Different Stocks.

Anyways, It Takes Time To Learn Pattern Behaviour For Each Stock Or Groups

Happy & Safer Trading

SavantGarde

Thanks a lot sir, you are really great helping out nosy newbies like me

Okay on to a totally different sector now FMCG, what are your views on ITC? I am unable to make out anything from the charts as the move on May 04 did take it above its range of 177 to 195 by crossing 200 after a loooooonnnngggg time but again the stock has slipped into the dreaded range where it has been stuck. I know FMCG is one of those sectors which outperforms the market in a bear phase and underperforms the market in a bull run but this stock has actually been capturing a lot of market share from HUL in a lot of products but its popularity in the real market is not being reproduced in the share market.
Looking forward to your expert views

Thanks

 

[rohit.patidar]

Sir i have purchases dlf at rrs 249 .
What is s/l and target of this .