Stocks To Keep A Close Eye On

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cnbondre

Well-Known Member
Hi Chaitanya,

Let me explain this with an example. In Chapter II, I have given the Buy Triggers generated today. Let us take the example of GTLINFRA. Today GTLINFRA has closed at 37.20 (NSE price) and reached a high of 38.65. It has a made a low of 34.10 on 22-7-09. Using these values we calculate the Target and SL as Follows:

STOP LOSS = RECENT LOW = 34.10 (I have rounded this to 34, as we should have SL a little below calculated value).

TARGET = 2 times High minus Stop Loss = 2 X 38.65 - 34.1 = 77.3 -34.1 = 43.2

This is the way I calculate initial SL (There are other ways of calculating SL).The trailing SL will be same as the initial SL till a new LOW is made during retracement which is higher than the initial SL. Once a new higher LOW is made (during a retracement) the Trailing SL will move up to that value and the same process continues till either the SL is hit or a SELL triggered.

For any clarification please do post.

Regards

-Anant
Hi,

Anant,

Is there any afl available for calculating trailing stop loss ?

If there is one will you pl post it here if permitted in this thread.?

Regards.


CNB
 

chaitanyagoa

Well-Known Member
Hi Chaitanya,

Let me explain this with an example. In Chapter II, I have given the Buy Triggers generated today. Let us take the example of GTLINFRA. Today GTLINFRA has closed at 37.20 (NSE price) and reached a high of 38.65. It has a made a low of 34.10 on 22-7-09. Using these values we calculate the Target and SL as Follows:

STOP LOSS = RECENT LOW = 34.10 (I have rounded this to 34, as we should have SL a little below calculated value).

TARGET = 2 times High minus Stop Loss = 2 X 38.65 - 34.1 = 77.3 -34.1 = 43.2

This is the way I calculate initial SL (There are other ways of calculating SL).The trailing SL will be same as the initial SL till a new LOW is made during retracement which is higher than the initial SL. Once a new higher LOW is made (during a retracement) the Trailing SL will move up to that value and the same process continues till either the SL is hit or a SELL triggered.

For any clarification please do post.

Regards

-Anant
Hey Asnavalejii,

That was really awesome explanation Bro...
Enjoyed it throughly

Thanks a Ton
 
Hello friends,

Yesterday a strange thing happened:confused::confused:

I had bought 48 shares of bartronics at 179.95 at the market price.... I t showed in the order book as executed.. today i went to the trade book and updated the previous day's trade.... But there was no sign of Bartronics in the trade book nor in my Portfolio...:(

Can u guys tell me what might have happened or any suggestion on what to do?:cool:
Most possibly the seller of shares to you could not complete his part to deliver the shares. Hence it is likely that shares will be bought in auction to settle the trade and the amount will be credited to you after T+5 days.

Generally, you will be benefited by this.

You can write a mail to customer care of the broker and you may receive the reply as stated above.

Regards
Chachi
 

SavantGarde

Well-Known Member
Guys,

Here Is What You Need To Look For When You Don't Receive Your Purchased Shares T+2

a) To Check If You Had Enough Balance In Your Ledger To Pay For It.

b) If The Cheque For The Purchase Was Given, Then You Need To Check Your Ledger If The Amount Has Cleared

c) If The Payment Is Cleared Then Your Broker Should Release The Shares To Your Demat Account On The Following Day & The Same Should Be Reflected In Your Demat By Noon.

d) If There Was Enough Balance In The Ledger For The Purchase Then The Shares If Delivered Should Be Released By 9.30 AM On The 3rd Day After Purchase & Same Should Be Reflected In Your Demat By Noon.

e) With Reference To Point 'd' If It Is Not Reflected On The 3rd Day After Purchase Then The Person Who Sold The Shares Has Defaulted On Delivery & There Will Be Auction Of The Same & You Should Benefit Atleast 15% From Your Purchase Because That Is The Minimum Penalty Levied To The Seller Of Which Buyer Is The Beneficiary.... There Is No Question Of Shares Being Credited On T+5.

Many Brokers Buy It & Credit The Client's Demat Account & Pocket The Penalty.

If One Comes Across Any Such Irregularity, Insist On Auction Contract Note, Where Details Of The Trade Can Be Verified On NSE Or BSE Website Whatever The Case Maybe. Alternatively Threaten The Broker That You Are Reporting The Matter Directly To The Concerned Exchange.

Believe Me Broker's Are Extremely Scared Of Complaints Made To The Exchange By Clients.


Happy & Safer Investing

SavantGarde
 

SavantGarde

Well-Known Member

cnbondre

Well-Known Member
Hi Anant,

Thanks for explaining bro. :)

Just wanted to know, do u follows trendlines to calculated this ?
I have seen your post in chapter -II thread there u says buy/sell signal generated what do u mean by signal generated i mean are you programmer and using any kind of software to generate those signals? If so then what is the logic (Is it trendlines or something else).

It is not compulsory to give reply to my questions as it might be your personal logic to calculate those signals. :)
Hi,

Raj,

Anant is a great Human Being Like Savant Sir. He is "A MAN OF LOGIC", a sincere and studious person, always ready to share his knowledge. Please go through all his postings. He has a habit of verifying his study and then share his knowledge in the forum. He helped me as well as everybody in the forum who did not wanted to disturb Savant Sir, at the initial stages in trhe forum. He is a very good friend available here. Savant Sir is "THE MASTER OF THE MARKET", Anant is "THE MASTER OF FREINDS"

Thanks Raj, nothing personal. Please try to understand me, I did not mean to criticises you or anybody here. Anyway......

He uses Amibroker Trading software. Trying to develop a trading strategy. He is in the process of developing an afl (Amibroker formula language). You will find all the information in his postings!

Regards,

CNB
 

raj_hpking

Well-Known Member
Which account you are holding ?? ... I have got the same problem earlier with sharekhan. I think it's working like this. We are buying shares from sharekhan (or something else) and they are settling these orders (from others also) in bulk later. But sometimes it happens that they could not manage to get the required number ( i don't know the reason). I think you can write a mail to them. They normally inform only after 2-3 days (may be after settlement date). It happened to me that I manage to sold these shares also and I got some kind of penalty.
Hie friends,

I too facing the same problem.

I have purchased BHARTI on 24-Jul-2009 and i can't believe it till today's date i am not able to view BHARTI stock in my DP/SR report, DP Balance, Receivable Balance, DP Margin Balance and Client Stock Account Balance. But i am able to view that stocks transaction in Transaction Reports. Where i have purchased ABAN and HEXATECH yesterday and today they are in my DP/SR report whereas BHARTI is no where?

I am too using Sharekhan Account, Please tell me what should i do?
 

SavantGarde

Well-Known Member
Hi Raj,

When Shares Of A Company Are Purchased During 'No Delivery' Period, Contract Note Squaring The Purchase Is Generated Everyday Till The ND Period Ends & No Amount Is Debited From The Ledger For The Purchase.

For BHARTIARTL ND Ends On 30th JULY, Same Should Be Delivered Thereafter.


Happy & Safer Investing

SavantGarde

Hie friends,

I too facing the same problem.

I have purchased BHARTI on 24-Jul-2009 and i can't believe it till today's date i am not able to view BHARTI stock in my DP/SR report, DP Balance, Receivable Balance, DP Margin Balance and Client Stock Account Balance. But i am able to view that stocks transaction in Transaction Reports. Where i have purchased ABAN and HEXATECH yesterday and today they are in my DP/SR report whereas BHARTI is no where?

I am too using Sharekhan Account, Please tell me what should i do?
 
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