Stocks To Keep A Close Eye On

[lazytrader]

I totally agree with Savantji's view because...

1. As Savantiji said these are extraordinary situations so the historical charts will not have a reaction similar to what we have seen in the past week.
2. Again gaps can remain unfilled for months and if gap is not filled then people will stop waiting for the gap to be filled and jump in and we might see another Golden Monday
3. As murtaza bhai suggested flag and pennent is a continuation pattern
4. I don't feel Savantji is being contrarian because I believe he is following a time tested method and has been riding a bull run or bear market rally or what ever people call it for almost 2000 pts when people have been predicting all sorts of levels. Isn't that right Savantji?

Besides, I am a little pumped up today after seeing nifty touch 4155 today (see quoted text below)

I am holding on to my stocks and waiting for Savantji's prediction for the week ahead. Looks like some of Savantji's bullishness has rubbed off on me too so I am riding with the bulls on Monday. For now I am doing this -> :yahoo:

The unrelenting 2000pts run on the Nifty from 2500 levels has not seen any correction except a brief pause around 3400 and 3700 levels and if we are not able to decisively close above the 4650 levels in the short term I feel a retracement to 4150 levels is a possibility. Many scrips have run up breaking through key resistances as if they never existed which makes huge retracements all the more easy.

I would like to know your thoughts on this Savantji.

 

[SavantGarde]

LT,

It Is A Simple System To Stay On The Right Side Of The Trade,

Moreover You May Not Have To Wait Very Long For NF To Take Out Its Previous High.....Will Update As Each Target Is Achieved.

Happy & Safer Trading

SavantGarde

I totally agree with Savantji's view because...

1. As Savantiji said these are extraordinary situations so the historical charts will not have a reaction similar to what we have seen in the past week.
2. Again gaps can remain unfilled for months and if gap is not filled then people will stop waiting for the gap to be filled and jump in and we might see another Golden Monday
3. As murtaza bhai suggested flag and pennent is a continuation pattern
4. I don't feel Savantji is being contrarian because I believe he is following a time tested method and has been riding a bull run or bear market rally or what ever people call it for almost 2000 pts when people have been predicting all sorts of levels. Isn't that right Savantji?

Besides, I am a little pumped up today after seeing nifty touch 4155 today (see quoted text below)

I am holding on to my stocks and waiting for Savantji's prediction for the week ahead. Looks like some of Savantji's bullishness has rubbed off on me too so I am riding with the bulls on Monday. For now I am doing this -> :yahoo:

 

[lazytrader]

Great! I have never has so much fun trading! Will wait for your triggers.

 

[lazytrader]

Dear Doc,
Is Yahoo giving Nifty Futures data currently??
Regards
Anshuman

Yes, You will find many utilities around here in the forum. The one I have is from link- http://www.traderji.com/software/24...ker-metastock-fcharts-excel-txt-backfill.html

Thanks.

Doc, can you please give me the nifty future symbol? I cant find it only NIFTY_SPT is showing up in the list.

Thanks in advance.

 

[docvijay4u]

Hello LT, Follow These Steps, In Case Any Confusion Please Inform I Will Post ScreenShot:

1. ODIN/Yahoo: Select Yahoo
2. Cash/F&O: Select F&O
3. Instrument: FutiDx
4. Symbol: Nifty
5. Choose Expiry Date.
6. Choose Date Range.
7. Start Downloading Data

Thanks.

Doc, can you please give me the nifty future symbol? I cant find it only NIFTY_SPT is showing up in the list.

Thanks in advance.

 

[moto143]

Hi Savant Sir,

I have a doubt about Stop loss..As per your advice i keep stop loss of your recommended level in every stock ..my Broker(Indiabulls) says i have to place Stop loss order every day since at the end of each day stop loss order get's cancelled.

This sounds really annoying to me since if we hold a long position then we need to place the stop loss order everyday.Can you throw some light on this?

Thank you.

 

[SavantGarde]

Moto.

Sure, Let Me Explain & Make It Easy.

Do One Thing Have Bath Once A Month, Have Food Once A Month & Also Visit The Toilet Once A Month.

That Way It Will Not Be Annoying To Do All Those Things Everyday

.@#^%$(*&^..... No Pains No Gains

Happy & Safer Trading

SavantGarde

Hi Savant Sir,

I have a doubt about Stop loss..As per your advice i keep stop loss of your recommended level in every stock ..my Broker(Indiabulls) says i have to place Stop loss order every day since at the end of each day stop loss order get's cancelled.

This sounds really annoying to me since if we hold a long position then we need to place the stop loss order everyday.Can you throw some light on this?

Thank you.

 

[moto143]

thank youuu for the reply...i thought that we just need to place stop loss once and was in an impression that Indiabulls doesn't support it...
Thank you very much for clarifying it..

Yes you are right...No pain no gain..

 

[SavantGarde]

Hi Moto,

Don't Feel Bad About My Reply, It Is Just The Lighter Side Of Me......

Anyways, Coming Back To It, Let Me Know What All Tou Hold & Will Give You A Deeper S/L For Which You Don't Need To Worry About Placing It Everyday, Till GTC (Good Till Cancelled) Or Trailing Offset Becomes Available In The Systems Available With Brokers.

Happy & Safer Trading

SavantGarde

thank youuu for the reply...i thought that we just need to place stop loss once and was in an impression that Indiabulls doesn't support it...
Thank you very much for clarifying it..

Yes you are right...No pain no gain..

 

[moto143]

No Savant Sir..I never felt bad for it..In fact enjoyed the way you replied to it and could see the funnier side of it

well, Right now I'm Just holding Wipro..Bought it at 400 and keeping SL of 340.

Would be adding a few more stocks to my tally on Monday..I have read your list on the other thread..Possibly would pick up a few share's from It..i'm considering IDEA, IDBI and Neyvelilg from that list.

I'm a Student so my Capital is less.So can't BUY too many shares and my Capital is Sort of Locked in Wipro.