Stocks To Keep A Close Eye On

[sashsaha0]

ok sir i buy at 12.50 on monday

 

[balraj167]

Hi Savant Sir,

I was little busy on these days so could't follow even I was not able trade becouse of some technical problems, meanwhile i sent you e-mail please check on your free time.

Thinking to buy some stocks on monday so buy holds will be good for fresh entry or shell i wait for new BUY list?

:gunsmilie:

Thanks
Balram

 

[naveendugar]

Hello Savant Sir,

I've been silently following your tread for a long time and appreciate all your efforts. I have a huge amount which i would like to invest and can hold them for really long time. Would appreciate if you can guide me or design a portfolio for me as to when to enter (looking at the current scenario) and which stocks to buy. I would like to invest in fundamentally very strong stocks which can give me good returns as well.

naveen

 

[learn2trade_ar]

Vikas, Just As bright As Yours, Don't Worry You Will See It Double Within 3 Months

SavantGarde

Hello Savant Sir,

Just wanted to know the reasoning behind what makes you believe that it has the potential to double in next 3 months. I've full faith in your advice and know that when you are saying this, there must be a high probability of this happening.

So, actually I want to learn what were the technical reasons which can tell that this stock has the potential to give 100% kind of returns so quickly. I hope I'm not bothering you a lot but if I know the reasoning behind such call, will give my confidence a lot of boost and will help me in a step further in identifying these kind of potential stocks.

Regards

 

[SavantGarde]

Hi L2T,

It Is A Very Strong Uptrending Stock From Its Present Price First Target Is 50.65, Which Should Not Take Very Long To Achieve, Thereafter If I Take The First Target & It Still Shows Even 50% Strength From Its Present Strength 2nd Target Would Come To Approx. 63-65, Then There Is The Sector Strength & Tail Wind & There Is Some Fundamentals & There Are Few Other Things Can't Describe It Here.

Calculations Of Forecast Are Based On 20/50 DMA Crossover & Targets, I Have Only Calculated 3 Targets For It Give Return Of 100% From Present Rate, Who Knows Where It Will Reach In 12 Months.....

Happy & Safer Investing

SavantGarde

Hello Savant Sir,

Just wanted to know the reasoning behind what makes you believe that it has the potential to double in next 3 months. I've full faith in your advice and know that when you are saying this, there must be a high probability of this happening.

So, actually I want to learn what were the technical reasons which can tell that this stock has the potential to give 100% kind of returns so quickly. I hope I'm not bothering you a lot but if I know the reasoning behind such call, will give my confidence a lot of boost and will help me in a step further in identifying these kind of potential stocks.

Regards

 

[learn2trade_ar]

Hi L2T,

It Is A Very Strong Uptrending Stock From Its Present Price First Target Is 50.65, Which Should Not Take Very Long To Achieve, Thereafter If I Take The First Target & It Still Shows Even 50% Strength From Its Present Strength 2nd Target Would Come To Approx. 63-65, Then There Is The Sector Strength & Tail Wind & There Is Some Fundamentals & There Are Few Other Things Can't Describe It Here.

Calculations Of Forecast Are Based On 20/50 DMA Crossover & Targets, I Have Only Calculated 3 Targets For It Give Return Of 100% From Present Rate, Who Knows Where It Will Reach In 12 Months.....

Happy & Safer Investing

SavantGarde

Thanks a lot Savant sir.

One thing I was quite sure beforehand that your answer to this query would definitely have fundamentals as one of the reasons and I'm glad that I was thinking in right direction. Now, does that prove that technicals alone w/o fundamentals can't predict about huge moves (100% kind) like this. You need to keep an eye on fundamentals to catch these huge moves.

Just quoting an example here in support of my point:
ABAN has a resistance at 1000. If it breaks out of that resistance, then next major resistance is at 2500 (150% upmove). But, just on the basis of technicals, someone entering after 1000 breakout would never think that now he's got the chance to ride it upto 2500 or it will go upto 2500 now. But someone, who knows that it has strong fundamentals & sector is strong (just hypothetically saying, I dont have any idea abt its fundamentals) would think that yes it can double up quickly because of its potential to grow and has probability of going upto 2500.

 

[balraj167]

Thanks a lot Savant sir.

One thing I was quite sure beforehand that your answer to this query would definitely have fundamentals as one of the reasons and I'm glad that I was thinking in right direction. Now, does that prove that technicals alone w/o fundamentals can't predict about huge moves (100% kind) like this. You need to keep an eye on fundamentals to catch these huge moves.

Just quoting an example here in support of my point:
ABAN has a resistance at 1000. If it breaks out of that resistance, then next major resistance is at 2500 (150% upmove). But, just on the basis of technicals, someone entering after 1000 breakout would never think that now he's got the chance to ride it upto 2500 or it will go upto 2500 now. But someone, who knows that it has strong fundamentals & sector is strong (just hypothetically saying, I dont have any idea abt its fundamentals) would think that yes it can double up quickly because of its potential to grow and has probability of going upto 2500.

Hi LTL,

Don't you think we should concentrate only on one fundamental or Technical what you think Savant Sir your advice is highly appreciated

Regards

 

[learn2trade_ar]

Hi LTL,

Don't you think we should concentrate only on one fundamental or Technical what you think Savant Sir your advice is highly appreciated

Regards

100% agree Balraj, we should concentrate only on one of these 2. And atleast I'm not that capable to keep track of both and then take decision only if both are favourable.

But I think Savant sir's calls few times are based on both technicals and fundaments. He generally keeps an eye on fundamentals as well. Correct me if I'm wrong Savant sir.

Regards

 

[SavantGarde]

Hi L2T,

By The Way Check The Review Of BUYHOLD I Posted Today, Now That Is Purely Technical, Performance Isn't All That Bad For A Couple Of Months Of Holding & Another Point To Remember, When Nobody Was Recommending BUY & Predicting Even Lower Low Of October, Now Who Were The Guys Doing It, Fund Managers & Most Surprisingly Even The So Called Big TAs.

Fundamentals Is Not Something I Read On Individual Stocks, But Keep A Wider View Of Indian Economy, World Economy....& Basically General Stuff...Just A Habit With Me, Even When I Was Not In The Stock Market.

Now, If I Had Said Book All Your Profits On The Calls Given So Far, It Wouldn't Have Been A Fair Assessment, While The Returns Would Have Fair To Excellent.

Now That We Have Put So Much Points On The Nifty & Sensex, It Is Good To Have A Frequent Look At The Charts & While My Habit Of Knowing What A Sector & Economy Is Doing Does Help, But Can't Quantify.

One Thing I Will Stick My Neck Out On Nifty Taking Out It's January High Before March '10.....

Some More Thinking For You My Friend L2T

Happy & Safer Investing

SavantGarde

Thanks a lot Savant sir.

One thing I was quite sure beforehand that your answer to this query would definitely have fundamentals as one of the reasons and I'm glad that I was thinking in right direction. Now, does that prove that technicals alone w/o fundamentals can't predict about huge moves (100% kind) like this. You need to keep an eye on fundamentals to catch these huge moves.

Just quoting an example here in support of my point:
ABAN has a resistance at 1000. If it breaks out of that resistance, then next major resistance is at 2500 (150% upmove). But, just on the basis of technicals, someone entering after 1000 breakout would never think that now he's got the chance to ride it upto 2500 or it will go upto 2500 now. But someone, who knows that it has strong fundamentals & sector is strong (just hypothetically saying, I dont have any idea abt its fundamentals) would think that yes it can double up quickly because of its potential to grow and has probability of going upto 2500.

 

[SavantGarde]

Guys,

I Wouldn't Say Keep An Eye On Only One, I Don't Read Companies Financials Or For That Matter Even Read Their Announcements On NSE.

Only General View Of The World Around Us, Watch U.S. Markets On Bloomberg, Watch Far East Markets When They Open Early Morning....Yes Yes Lots Of TV Watching..Also Our CNBC To Watch What The Cartoons Have To Say....

If I Had To Give Triggers Based On Fundamentals Everybody's Portfolio Would Be Down Atleast 70-85%

It Is Technical, Technical & Technical For Fresh Triggers....

Happy & Safer Investing

SavantGarde