Stocks To Keep A Close Eye On

[kenneth]

Hi Savanji,

Fail to understand the levels given. Could you please review and confirm.

1) BUY ANDHRABANK (CMP 84.40) @ Or Above 87.70
Quantity 3 Shares
Stop Loss 37.20
First Target 138.20

Thanks & Regards
Ken

 

[columbus]

Pls recommand what should i do........

I have 300 shares of PVR bought at 136... what should i do with that... can i hold or sell

i have 200 shares of SRF bought at 142... what should i do with that... can i hold or sell

SRF is better placed than PVR, SRF is fundamentally good.
The only problem with SRF is high equity component.

 

[SavantGarde]

Hi Ken,

I Have Reviewed It & Is Correct In All Respects.

Explanation As Follows:

87.70-37.20=50.50+87.70=138.20 (Target)

If S/L Triggers, Total Loss Is 151.50 For 3 Shares, Which Is Approximately Less .80% Of 20000=00 Available Or Allocation For The Scrip.

Happy & Safer Investing

SavantGarde

Hi Savanji,

Fail to understand the levels given. Could you please review and confirm.

1) BUY ANDHRABANK (CMP 84.40) @ Or Above 87.70
Quantity 3 Shares
Stop Loss 37.20
First Target 138.20

Thanks & Regards
Ken

 

[kenneth]

Hi Savantji,

Is the stoploss correct? It is 4 months low. Shouldn't the stop loss be low of the previous week . Current price is 3 weeks low.

Thanks & Regards
Ken

 

[SavantGarde]

Hi Ken,

S/L Has Been Tweaked As The Lowest Low Formed Around 6th or 9th March...
Because Risk Is Still Less Than 1%.

I Have Been Trying Out Something For Longish Hold On Banking & Some Other Sectors, Based On My Calculation Where Our Broader Market Is Headed.

Didn't Want People To Get Stopped Out Easily With Low Relative Risk.

It Is Something Not Applicable Across The Board....But Should Be Ok For Banking In Particular, Especially PSU Banks.

Happy & Safer Investing

SavantGarde

Hi Savantji,

Is the stoploss correct? It is 4 months low. Shouldn't the stop loss be low of the previous week . Current price is 3 weeks low.

Thanks & Regards
Ken

 

[columbus]

Some more FIRE left in NITINFIRE????

 

[Rkji]

hi savantji.

i am keen on holding 3000 shares of indiainfo for one yr plus.

i had bought indiainfo @ 152.65 - 500 shares recently & want to buy more on dips & CMP is 136.50....how shall i go about it....i am stilll learning charts, so posting the chart for experts to comment.

thanx a ton.
rishi.

 

[kenneth]

Thanks Savanji for the explanation. Now since the Stop Loss is LLV of 6-9th March Only 3 shares will be bought to keep the risk at 1 %. That is an investment of around 262 Rs out of 20000. I understand your point that you don't want to people get stopped out easily but then you have given the trigger price of 87.7 the probability of gaining is higher. In that case we be holding only 3 shares and the price has to reach 138 to realize same gain as buying 23 shares to reach a price of 92 to realise the same amount as per the original risk and return. Until then money will be idle. Just trying to understand.

Thanks & Regards

 

[SavantGarde]

Hi Rishi,

Your Next 500 Quantity Can Be Entered Around 127.00, Bottom For INDIAINFO In An Event Of Market Retracement Is 104.40....Therefore, You Will Need To Wait For An Opportune Time To Make An Entry For Your Balance Quantity.

While It Maybe Prudent To Spread Your Risk With A Basket Of Other Brokerage Stocks....& Reduce The Target Quantity Of INDIAINFO To 1000-1200 Only.

Happy & Safer Investing

SavantGarde

hi savantji.

i am keen on holding 3000 shares of indiainfo for one yr plus.

i had bought indiainfo @ 152.65 - 500 shares recently & want to buy more on dips & CMP is 136.50....how shall i go about it....i am stilll learning charts, so posting the chart for experts to comment.

thanx a ton.
rishi.

 

[SavantGarde]

Hi Ken,

Great Questions As Usual....I Love That.

I Have This Thing About Waiting For People To Ask These Questions, So That I Know They Are Paying Enough Attenton....Not A Sadist, Neither A Drip Irrigator....

For Next 3 Weeks I Shall Post Here How The Scaling Up Happens & Some Of The Balance Capital Gets Utilised....With Relative Safety. Better To Scale Up With Trend.

Only Thing, I Shall Be Away From 16th To 18th, Hopefully Will Be Able To Post Late Evening On 18th.

Happy & Safer Investing

SavantGarde

Thanks Savanji for the explanation. Now since the Stop Loss is LLV of 6-9th March Only 3 shares will be bought to keep the risk at 1 %. That is an investment of around 262 Rs out of 20000. I understand your point that you don't want to people get stopped out easily but then you have given the trigger price of 87.7 the probability of gaining is higher. In that case we be holding only 3 shares and the price has to reach 138 to realize same gain as buying 23 shares to reach a price of 92 to realise the same amount as per the original risk and return. Until then money will be idle. Just trying to understand.

Thanks & Regards