Stocks To Keep A Close Eye On

[SavantGarde]

SashSaha,

This Is For A Target Of 38-42....Therefore Now You Will Need To Be Patient

Will See How To Deploy Some Of The Money Left Now.

Happy & Safer Investing

SavantGarde

savant sir
i bought another 50 shares of assamco for around 13.25 my average price is around (100x13=1300)13rs now wht is this long term investment or short to medium

 

[chaitanyagoa]

Savant Sir,

Why did u mention someone to wait till Thursday?
Is the market in a decline or going downwards and y specifically Thursday?

Also i would like U to have a look at my portfolio, If time permits.... let me know if u can have a look at it.

Thanks.

 

[chaitanyagoa]

Nava,

DO u have the collected notes for technical Analysis too? ... Forgot to mention u have done a great job with the Saint's "Teach a man to fish".... Great work Bro...:clap:

Thanks.

 

[dlawrie]

thanks for the prompt response as usual. I shall eagerly wait your feedback. Meanwhile i have opened my safety coffer to do some excellent buys in small nos. Do you have any suggestions for wed/thu/fri that i can specifically bet on without having to worry about the price movement with a medium term target. I trade on ICICI direct and recently this has been blocked by my IT due to IT policies. I m in the process of opening an acct with SMC as it been recomm by Axis. I hope it brings me luck atleast to breakeven.

I shall follow this tread to check the shining stars that may surface.

Thankyou once again for your time.

Hi DLawrie,

Have Gone Through The Portfolio.....
My First Aim Would Be To Get The Overall Portfolio Into Positive

Will Study & Work Something Out Over The Weekend....

In The Meantime, If Tomorrow & Thursaday Present Some Opportunity, Will Post It Here & If Possible & Capital Permitting Maybe Entered Into.

Happy & Safer Investing

SavantGarde

 

[sundar_vv]

Savanth sir,

Below is my portfolio, pls take a look and suggest what has to be done on each of them.

Stock Name Quantity Rs.Paid/Share Current Market Price Total Amount Paid Current Market Rate Loss/Profit
HCLTECH 2500 143 163.25 357500 408125 50625
Reliance natural resources limited 100 91 74.9 9100 7490 -1610
Ispat industried Ltd 5900 25.7 20.05 151630 118295 -33335
Ashok Leyland 2000 32.3 30.2 64600 60400 -4200
IFCI 1750 106.7 42.1 186725 73675 -113050
Power Grid Corporation 500 151.75 117.5 75875 58750 -17125
Reliance Petroleum Limited 600 208.65 132.25 125190 79350 -45840

 

[SavantGarde]

Chaitanya,

Thursday Was Mentioned Because Current Month That Is May Series Expiry Happens To Be On Thursday....So Market During The Expiry Week Has Funny Behaviour & Could Provide Some Buying Opportunites In The First Session Or Even For That Matter On Wednesday.

Where Is Your Portfolio, Haven't Seen It Yet, Send It To Me In An Email.

Happy & Safer Investing

SavantGarde

Savant Sir,

Why did u mention someone to wait till Thursday?
Is the market in a decline or going downwards and y specifically Thursday?

Also i would like U to have a look at my portfolio, If time permits.... let me know if u can have a look at it.

Thanks.

 

[chaitanyagoa]

Savant Sir,

Can u please send me your email ID.....

Thanks.

 

[mayavi99]

Chaitanya, please see his user profile, under contact info.

 

[uma_k]

Vicky, Balram, Doc & Everybody Else Interested,

Vicky,

I Thought You Would Be Able To Crack It.....Especially After Giving You The Clue That It Was Based On 20 & 50 DMA

Hmmmmm......Ok Here It Goes While It Is Simple It Is Quite Powerful For Short Term Investors.

To Illustrate, I Have Taken The First One From My Post Of 5th April Which Is HDIL

HDIL CMP On 05/04/2009 Was 101.55 While The High Was 103.15

20 DMA Crossed Over On The Upside Of 50 DMA On That Day Thus Triggering A BUY For The Following Day

Since The High Was 103.15, It Was Told To BUY @ 103.15

Stop Loss Was 77.50 Is The 50 DMA Crossing Over 20 DMA Whenever That Happened In The Past....Therefore The Stop Loss Of 77.50

Now Coming To The Target Price

BUY Price - Stop Loss = 25.65 + 103.15 (BUY Price) = 128.80 (1st Target)Extra 5 Paise Added As Your Bonus....



Does That Solve The Mystery Of How The Target Price Is Achieved....

I Guess It Does......

If The Market Is Volatile & Range Bound There Is Another Trick For A Trailing Stop Loss & Exit.

Lets Say On The 6th You Bought At 103.15 & After Buying You Immediately Kept A Stop Loss Of 77.50 (50 DMA)

Now The Following Day To Trail The Move, You Calculate A New Stop Loss For 49 DMA, Whatever Figure You Get Becomes The New Stop Loss For That Day.
So On & So Forth You Keep Reducing 1 Day From DMA Calculation For Each Day Elapsed From The Date Of Entry, Reducing Till You Reach 10 DMA After Which You Don't Reduce The DMA Calculation..... Simple !!!

Vicky, Break Your Head Over The Quantity Of Shares To Be Bought, You Have 7 Days From Today To Come Up With The Answer....

Happy & Safer Trading

SavantGarde

Savant Sir,

With respect to the above explanation given by you as quoted above I have this query:

You say 20 Day MA crossed over 50 Day MA on 5-4-09 and CMP on that was 101.55 and High was 103.15. The cross over actually happened on 9-4-09. The CMP & High you referred were on 2-4-09, not on 5-4-09. On the crossover day the CMP(Close) was118.95 and High was 122.8.

For calculation of SL and target you mentioned SL of 77.50 being the Close of the day when the previous 50 Day MA crossed over 20 Day MA. This cross over has happened on 30-1-09. But the CMP on that day was 96.55. The CMP of 77.50 which you mentioned was actually on 20-02-09 much later than the cross over day.

I have these data from NSE EOD prices. So, there is a vast difference between the prices you have given and the actual prices. I want to know whether there was a mistake or whether I have not understood the concept of 20 DMA/50 DMA cross over.

Please explain at your convenience.

Thanks

*** Uma ***

 

[izzner]

Looks Like Everybody With Their Worries Have Disapppeared Seeing DOW +150 Points....

SavantGarde

Yes Sir,
DOW currently at +205 points...:thumb: :gunsmilie: