Stocks To Keep A Close Eye On

[surajkumarraju]

premarket opens at 9.55 am and u may trade in that period, before that u r orders r rejected, so of no use.

And market opened only for 15 sec.

 

[MurAtt]

savant jee.. this is the message i got from my broker regardin aban........
seems they are singing a different tune... what to do next...?is it the SEBI rule??AND CLOSE -OUT MEANS WHAT CLOSIN OUT MY TRANSACTION???

Thank you for writing in.

We would like to inform you that net purchases made in any Scrip by you will be credited to your Demat Account. Shares are available for credit as per the settlement schedule of the exchanges, after the full payment is made to the clearing house of the exchange.

Sometimes, the clearing house may not be able to deliver the full quantity expected. In such cases, the exchange will try to buy the short delivery by conducting an auction, resulting in a delayed delivery into your Account, or will force a close-out and credit the money into your Account, if delivery cannot be arranged even through an auction process.

Sometimes it may also happen that the clients buying/selling obligation result in internal obligation because of the Exchange method of settling trades on net obligation at the broker level. If any selling client fails to deliver the required securities and due to this buyer does not get the security in payout then we may buy such short shares. Such shares will be delivered to the buying client and the selling client will be debited by the purchase price (together with brokerage and other costs thereon). If the shares are not received even after such purchase by us us (generally done approximately around 2 pm), then the buyer will be credited with a close-out rate + 3% on the T+ 4th day of the Exchange and the seller will be debited by the same amount.

Value of all purchase transactions will be debited to your Account immediately.

Kindly feel free to revert in case of any further clarifications.

Assuring you of our best services at all times and looking forward to a long and pleasant association.

Do not worry - even if u do not get the shares, the amount creditd will be based on values of T+4 i.e. if u bot on Friday, then the mkt price prevailing on Wednesday will be applicable.
Yes thre are chances that u may lose out - but that is in the extreme now.

 

[lazytrader]

Dear Mr. Savant,

I have been reading your informative posts for quite sometime and have been very impressed with the quality of your posts and your dedication in answering all queries including your insight on individual stocks. It has been a delight reading through this thread as well. Keep up the good work. God Bless!

 

[VIKAS 21]

Savant ji

what should be our strategy for tomorrow, do u think that market will also go high tomorrow,have u made any trade today

thank you

 

[newtomarket123]

Hello Savantji,
Now as the prices have rocketted skyhigh today,so what should we do with the portfolio you suggested yesterday.
I am new to this market so I thought I will follow your said portfolio and hence transferred 20000 to my account but.....I was just not able to trade... :-(

Please suggest what modifications have to be done to the portfolio and what will be the tgt prices.

Thank you.
Rafiq

 

[vasa1]

Lot of money from FIIs and DIIs will come back in Indian Markets.... one shld not sell good quality stocks thinking that market has hit upper circuit today , still we feel lot of value is there in the market even at this levels in many stocks.... such as NTPC, SBI, Reliance, Punj LLyod, DLF and many more stocks..................Mutual Funds have underperformed in the last 2 months since they were sitting on cash..Now here they will come to buy.....We can trade around 4500 - 4650 levels on Nifty in coming days.....Next 5 years for Indian Economy is going to be a Golden Era.... My suggestion stay invested........
Market close for the day after second circuit

Jai Ho! Well said, Praveen ji!

 

[suru27]

thanks murtaza bhai....but can you explain what a close out and an auction means??

 

[suru27]

thanks murtaza bhai but what does a close out an auction means in these conditions

Do not worry - even if u do not get the shares, the amount creditd will be based on values of T+4 i.e. if u bot on Friday, then the mkt price prevailing on Wednesday will be applicable.
Yes thre are chances that u may lose out - but that is in the extreme now.

 

[MurAtt]

Auction is : when u sell shares expecting market to fall but price movement is otherwise then
1. u have to square off at higher prices OR
2. u do not do anything, your broker will buy shares from market for you and give to the person you have sold your shares.

Now pt 2 - when your broker buys, he debits Max price of the shares on T+2 days so sometimes, price falls the next and the next day bringing you in profit - alternatively - it moves higher up increasing your loss.

When we buy shares but do not get delivery, we are given shares bot by the broker @ market rates and this money is then taken from the person who sold but never delivered the shares.

Reason they do not deliver shares is they are taking risk - IF the price goes down then they benfit as stated in explanation of pt 2.

Hope I am clear or am I very confusng?

 

[MurAtt]

Close out?
I too am ignorant of this term.