Stocks To Keep A Close Eye On

[bunny]

Bunny,

WOW !!! Looks Like After All I Can Prepone My Holiday....

You Guys, Are Good...Not Just Good....But Very Good !!!

Happy & Safer Investing

SavantGarde

Thanks a lot Sir

 

[chaitanyagoa]

Savantjiii...

What do u think about GTL infra......... Looks good to me.... with my very limited knowledge (shows an uptrend)

Thanks

 

[SavantGarde]

Chait,

Operator Based, Therefore It Will Keep Moving Up As Long As The Market Keeps Moving Up....HFCL, Is Another One By The Way

While I Don't Keep These Stocks On My WatchList, You May Enter & Exit At First Sign Of Rumble.........Beyond That Can't Offer Much More.....I Realise You Are Itching To BUY Things...For Short Term.

There Are Much Safer Ones Such As RNRL, RPL, IFCI, C&C, DCB, BAGFILM, ERACON, GDL....Blah Blah

Happy & Safer Trading

SavantGarde

Savantjiii...

What do u think about GTL infra......... Looks good to me.... with my very limited knowledge (shows an uptrend)

Thanks

 

[chaitanyagoa]

Hello Savantjiii,

I have some queries........ I was just going through Zee news and looks the it is making LOWER highs and LOWER lows.... Is it an Exit Signal?

Also, it is the case with BAG films tooo.... IS it just a pull back or a sign for a downtrend?

It is not only ITching about buying things..... Just reading some Graphs or little excited to read and throw opinions

Thanks

 

[SavantGarde]

Chait,

Zee News I Don't Track, Neither Would BAGFILM, But A Very Good Friend Has Huge Quantity Of It...So I Know A Little About It.

BAGFILM Accumulate In Small Quantities, On Every Dip.

Can't Answer Anymore Queries, My Forex Is On....

SavantGarde

Hello Savantjiii,

I have some queries........ I was just going through Zee news and looks the it is making LOWER highs and LOWER lows.... Is it an Exit Signal?

Also, it is the case with BAG films tooo.... IS it just a pull back or a sign for a downtrend?

It is not only ITching about buying things..... Just reading some Graphs or little excited to read and throw opinions

Thanks

 

[balraj167]

Savant Sir,
ABAN OFFSHORE has already reached an intra-day high of 1072





Thanks LT

Anyways, here are my picks for trading session of June 3 2008:

IFCI - (Jun 2 Closing:53 ) BUY for intraday
ABAN - (958) TGT: 1060 1 week SL 905
RPL(143.8) - BUY for 1 week
SAIL(182) - Short sell
ROLTA(145.35) - TGT 155 for 1 week SL 140

IFCI touched 55 quite a no of times. It was chosen because of a shooting star formation on candle charts.

ABAN was chosen as a ascending triangle pattern was close to breakout
RPL was chosen because of a hammer candle stick pattern
SAIL because if hanging man pattern n candle charts.

I will update the figures again after closing

Thank you.

Hi Bunny,

Regarding RPL you chosen besouse of hammer pattern but dont you think this more suites for hangingman instead of hammer due to trend is up.

 

[lazytrader]

Hello Savantjiii,

I have some queries........ I was just going through Zee news and looks the it is making LOWER highs and LOWER lows.... Is it an Exit Signal?

Also, it is the case with BAG films tooo.... IS it just a pull back or a sign for a downtrend?

It is not only ITching about buying things..... Just reading some Graphs or little excited to read and throw opinions

Thanks

Talking about exiting on lower lows brings this to my mind:
================================================
Countback resistance: Countback resistance is from the "highest candlestick" go backward to find the next "lower low" from that lower low go back to find the next "lower low" that would be the countback resistance for the highest candlestick. If you see that the scrip is topping out and takes out the countback resistance then it could be an exit signal. One can, depending on the risk appetite wait for the next "lower low" to be taken out.
================================================

not that you should exit but it is good to know some of the strategies involved with trading.

 

[bunny]

Hi Bunny,

Regarding RPL you chosen besouse of hammer pattern but dont you think this more suites for hangingman instead of hammer due to trend is up.

Hi Balraj,
Your view could also be correct. I just looked up the chart and the book again. I think there might be some error in my conclusion. Hammer is preceded by 3 red candles. I the chart, only 1 preceding red is seen. This may be the cause of error. I don't know if that is important or not, but thanks for pointing out.

 

[Rkji]

savant sir,

what do you think about ispat ind at cmp of 27.30, can i buy 100 shares for a target of 32-36


cheers
rishi.

 

[jace48]

savant sir,

what do you think about ispat ind at cmp of 27.30, can i buy 100 shares for a target of 32-36

I have a holding in Ispat with SL of 22. Both Weekly and Daily charts show uptrend