Stocks To Keep A Close Eye On

[raj_hpking]

First thing is if you can earn money in Cash market why invest in future where risk is more then in cash market.

You are not going to become BILL GATES in stock market, but can loose everything you have here. Always try your luck in cash and not in future.

Nice Said,

If we can to it today then why wait for tomorrow. :clapping:

 

[raj_hpking]

Insha-Allah by end of this week your wish may become true ....

From what I am seeing -- Puts OI increasing when market falling -- that too for 4500. So we can infer that 4500 not going to break so easily. Maybe a small cross down (which has already happened - thats that).
Call writing 4600 strike is aggressive BUT overall PUT WRITING more aggressive from 4400-4600 strikes than overall CALL WRITING 4600-4800.
Monday morning maybe slight weakness after a decent open but by evening and tuesday hope to be up and running ....

Hello Murtaza sir,

Hope for the same.
I am not chartist but whatever i understand after reading Teach A Man To Fish..... Most of the stock in my watchlist are near to their Approx support level (It would take atleast 2 day to reach Exact support level). If i am not making wrong interpretation then market will move up on monday second half or (would be flat but not negative).

So hope for the best. :thumb:
Savant Sir would be the best person to clear the doubts...... Waiting for his comments.....

 

[SavantGarde]

Hi y2j826,

Futures Trader Are Aware Of The Risk & Moreover If A Persons Post Is Not Followed To Get The Real Picture Of What Has Transpired, It Is Quite Pointless Making One Off Remarks.

How Much One Can Earn In What Segment Of The Market Is An Opinion & Hence Debatable.

Happy & Safer Trading

SavantGarde

First thing is if you can earn money in Cash market why invest in future where risk is more then in cash market.

You are not going to become BILL GATES in stock market, but can loose everything you have here. Always try your luck in cash and not in future.

 

[anilbezawada]

Savant Sir,

Hindalco was on a strong up move before it fell in the last 2 days. It made a high of 115 last week before coming down to 101. What is you opinion on that stock for short term trading.

As advised I would never trade in Stock Futures until you give me a go ahead. But just tempted to invest in one lot of PTC or Hindalco (since they have fallen by good 6-10%) to see if I can recover some earlier losses a bit.

Regards
Anil Bezawada

 

[vssoma]

useful information...
thank you

 

[y2j826]

Hi y2j826,

Futures Trader Are Aware Of The Risk & Moreover If A Persons Post Is Not Followed To Get The Real Picture Of What Has Transpired, It Is Quite Pointless Making One Off Remarks.

How Much One Can Earn In What Segment Of The Market Is An Opinion & Hence Debatable.

Happy & Safer Trading

SavantGarde

Already told you once that people's here trust you very much and you are helping them to earn money, but sometimes its not in our hands and you can't predict the future, the last only 2 days fall was one example of that. So its always good to be at safe side then to loose everything you have.

 

[anilbezawada]

Dear y2j,

Savant sir did guide a lot of people including me in the last 2 days. His pivot levels and suggestions helped me to protect my capital and others to make some money in the last 2 days.

Izzners' case is different. He is far more experienced than me and you. And he understands the risks attached to the futures trading. And more over we dont know what situations have led him to holding the lots at a loss.

You are always welcome to give a useful suggestion (if you have one) but passing a general remark is rude and not appreciated.

It is not fair to comment on ones risk aptitude or trading methods until unless the comments are specific, polite and are substantiated by valid analysis.

My 2 cents. No offence meant.

Regards
Anil Bezawada

Already told you once that people's here trust you very much and you are helping them to earn money, but sometimes its not in our hands and you can't predict the future, the last only 2 days fall was one example of that. So its always good to be at safe side then to loose everything you have.

 

[prasadam]

First thing is if you can earn money in Cash market why invest in future where risk is more then in cash market.

You are not going to become BILL GATES in stock market, but can loose everything you have here. Always try your luck in cash and not in future.

dear y2j????

we are traders and not satta players like you trying our luck in the share market. we take positions based on our risk profile in any market segment. If you are interested in trying your luck go and buy a lottery ticket and confine yourself to your world of XXXX.

 

[enygma]

Queries on Profit Booking

All,

This question is not only for Savant but for all the seniors who do positional (more than 2-3 weeks) trading in stocks.

Around 60% of my trading capital is used for this kind of trading. The remaining is for futures - normally positions held for atleast 2-3 days in NF/BNF (depending upon my margin of safety)

I have been using the buy hold triggers of Savant to enter and scale up my positions in stocks. Normally, I look at EOD charts only to take decisions next day. Studying the charts and the behaviour of the specific stocks, normally my point of entry gives me enough margin of safety since I try to pick up or scale up only after a bit of retrenchment or near the lower BB if the stock is still in uptrend or near a good support etc.

My query is on profit booking. In the volatility of the past 2 months, I am seeing that I am better off taking profits off the table after a good uptrend (with around 15% profits), rather than waiting for the system to give a sell trigger or for my trailing stop losses to be hit. Is this just because of the current volatility in the markets or I am better off taking money out and putting it some other stock that is beginning its uptrend.

A recent example is Praj - I picked it up on 23rd June around 84 since it was already in a uptrend and on the previous day it had respected past supports, so I had stop loss around 78 nearby etc. This ran up to around 99 on 3rd and 4th July before starting to come down. It is currently at 89. It is still in a uptrend but now very near to my trailing stop loss. So I was better off selling it on 4th at around 99 and moving on?

Any suggestions?

Thanks,
Enygma

 

[SavantGarde]

Hi y2j826,

My Reply Was Specific To Comment You Posted Regarding Izzner's Trade & MTM Loss Of 90k

a) UNITECH Was Not Recommended To Izzner.
b) He Has A Base Capital Of +11-L
c) He Is Relatively New To Futures Segment
d) His 90K Notional Loss Doesn't Really Worry Me, It Is Good He Is Taking Decsisons On His Own....That Is How He Will Gain Confidence In Himself & His Trades
e) If His Trade Goes Out Of Hand....I Can Always Intercept & Make Up His Loss
f) You Keep Talking About People Trusting Me All The Time....While I Wouldn't Like People To Have Blind Faith In Me Or Anybody For That Matter, My Recommendations Are Always Postional Never Intraday.....I Doubt I Have Ever Posted Anything With An Ulterior Motive Or Bias.
g) Apart From Few Sporadic Posts Of A Future Trades Mentioned Here To Specific Memebers, It Was Never Part Of My Normal Triggers & Updates, Except That I Have Started One Now A Few Days Back & Bottom Note Can't Be More Specific As To Who Should & Shouldn't.

No Futures Trade Would Ever Be A Loss If There Is Enough Base Capital To Support The MTM....Loss Is Only Incurred When One Panics & Can't Support MTM Loss

Happy & Safer Investing

SavantGarde

Already told you once that people's here trust you very much and you are helping them to earn money, but sometimes its not in our hands and you can't predict the future, the last only 2 days fall was one example of that. So its always good to be at safe side then to loose everything you have.