Stocks To Keep A Close Eye On

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SavantGarde

Well-Known Member
Hi Scorpio,

SELL Was Because Of The Kneejerk Reaction Because Of Their Debt Rating, Otherwise It Was In The Uptrend Before That....Hopefully Tomorrows Move Will Trigger A BUY Again, But Did Post Today To BUY In F&O As Contrarian Play.

Let's Hope It Works


Happy & Safer Investing

SavantGarde

HI Savant,

IDFC triggered Sell yesterday and is a strong buy today! What changed? Am posting the daily chart and 30 min with SMA 5,6.

My observation, on the 30 min there is a constriction / neck formation of the bollinger and the candles have reversed and are on their way up after piercing the bollinger. All chances of a positive breakout. Correct?

PS: Learning to fish, no free lunches!
 

scorpio77

Well-Known Member
Thanks!

So this call would be a combination of chart reading / price movement and action based on news-flow / market trend. Any other reason for this contrarian play?


Hi Scorpio,

SELL Was Because Of The Kneejerk Reaction Because Of Their Debt Rating, Otherwise It Was In The Uptrend Before That....Hopefully Tomorrows Move Will Trigger A BUY Again, But Did Post Today To BUY In F&O As Contrarian Play.

Let's Hope It Works


Happy & Safer Investing

SavantGarde
 
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izzner

Well-Known Member
With the Dow, DAX and CAC up more than 2% yesterday. I think we should be maintaining a very tight trailing stop loss as I feel Europe will consolidate today...
Even if we have a very good to modest opening for nifty as soon as Europe opens today 12:30 its a good bet to keep a very tight SL. As it is very well known that Sensex/Nifty mimics the European moves.

Savant Sir,
As suggested by you I think I'll square off one lot of suzlon and follow the second with a very tight SL.
And no fresh adventure today...
 

enygma

Well-Known Member
The Dow futures were down late night US time because of Microsoft results etc. Hence the importance of stop losses today.

Regards,
Enygma.
With the Dow, DAX and CAC up more than 2% yesterday. I think we should be maintaining a very tight trailing stop loss as I feel Europe will consolidate today...
Even if we have a very good to modest opening for nifty as soon as Europe opens today 12:30 its a good bet to keep a very tight SL. As it is very well known that Sensex/Nifty mimics the European moves.

Savant Sir,
As suggested by you I think I'll square off one lot of suzlon and follow the second with a very tight SL.
And no fresh adventure today...
 
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