Stocks To Keep A Close Eye On

[SavantGarde]

Hi Arya,

There Are Basically 2 Strategies Based On Which Triggers Are Given:

a) 20/50 SMA Strategy, Where Target Price & Quantity Of Shares Are To Be Bought Is Based On This.

b) 5/6 SMA Strategy Which Is The First One That I Started Posting Many Years Back & Is For Longer Term HOLD Than The Above Strategy, Infact Last Update Was Done Quite Sometime Back & You Will Find It On Page 22 or 21 Of Chapter-II Thread.....Perhaps Time Permitting Was Thinking Of Updating That Today Or Tomorrow.


Now Coming To Query Of Position Sizing Quantity Of Shares Are Based On A Risk For That Trade Not Being More Than 1-2% Of The Capital, Based On The S/L Given For The Scrip.
20000/- Considered For Being Allocated For ONE Company
That Is How Number Of Shares Are Calculated. If Position Size Mentions 5 Shares Which Is Based On 20k & You Have 40K Then All You Need To Do Is Double The Quantity To 10.

Happy & Safer Investing

SavantGarde

Dear Savant,
I have been following your threads for some time past; however, have not been able to fully comprehend, there are so many strategies, so many ideas. Here I just want to know what do following words in your triggers mean? Is it that one has to buy in proportion? Don't mind for a very elementary question.

Quantity Of Share To BUY Is Position Sized For Rs.20000 Available For Each Scrip
(Adjust Qty. Depending On Your Availability)

arya

 

[SavantGarde]

Hi Anil,

Next Time You Will Get The Chlormint Treatment Like The Ad.

Anyways, I Would Go With PTC

SavantGarde

Savant Sir,

Apologies in advance for repeating my post.

Sir, I want to know your thoughts on Hindalco and PTC for tomorrow. Is it advisable to enter one lot of either of these with a strict stop-loss for tomorrow (intraday basis).

Regards
Anil Bezawad

 

[anilbezawada]

Thank you sir.

As I said before as well, even Chormint treatment is welcome from you.

I was looking at the buy/hold list of futures on the chapter 2 thread. There are a few which have fallen by more than 5% from the recommended price (and pbly hit the stop-loss mentioned too). Are they a good buy now. Or would the charts need to be re-looked at to check if they still have the same momentum.

This is a general question for info. Not planning to use the triggers until I get back some cushion and get the confidence of making some good trades.

Regards
Anil Bezawada

 

[izzner]

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.

Dude..
I made a whopping profit of around 2lacs(all gratitude to Savant sirs advice.:clap

so some pathetic correction getting me to -ve 90K doesnt bother me much.
I hold quite a few shares in secondary market too..(majority of which around 99% i would say.... those that savant sir recommends)

forgot to mention savant sir had recommended unitec a long time back after which he changed his recomendation and suggested me other stocks... the unitech call is purely mine coz.. I kinda have fallen in love with that name"UNITECH" ...:hug:
one more thing...i have a positional stance on unitech and plan to keep rolling over..(unless savant sir says otherwise)

I have invested 80% of my capital in savants sirs stocks and no probs till date...
Anyway thanks for the advice....:thumb:

 

[izzner]

Savant Sir,
monday ko mera kya hoga...???

 

[SavantGarde]

Hi Anil,

Yes S/Ls Are All Part Of Controlling Risk, Have Yet To Update Those For Tomorrow....Will Do It A Little Later, While Some Of Those Where S/Ls Have Triggered May Become Fresh BUYs, Let's See There Might Be Some New Ones Too.

Happy & Safer Trading

SavantGarde

Thank you sir.

As I said before as well, even Chormint treatment is welcome from you.

I was looking at the buy/hold list of futures on the chapter 2 thread. There are a few which have fallen by more than 5% from the recommended price (and pbly hit the stop-loss mentioned too). Are they a good buy now. Or would the charts need to be re-looked at to check if they still have the same momentum.

This is a general question for info. Not planning to use the triggers until I get back some cushion and get the confidence of making some good trades.

Regards
Anil Bezawada

 

[lancer]

'JAI BABA'

Hi Savant,

You had earlier asked me to keep a watch on EDUCOMP, IDFC, IDBI in the thread.

1. Educomp Solutions is currently down by more than 400 Rupees @3825 since July 29th price of 4260. . It reacts rather violantly on the retracement indignities bestowed upon it. It comes with a lot of 75 shares in FNO. Is it possible to snatch it in the early trade for it moves rather sharply for Intraday trade ?

2. IDBI CMP 96 from the high of 109 on 4th August ( 2400 lot size)

3. IDFC CMP 131 from 140 on 4th August but your recc. was Buy above 142 with target of 160+ ( lot size 2950 )

4. Holding on to PTC and STERLINBIO.

Of the above scrips IDBI looks more promising of better returns for long hold and EDUCOMP for intraday. Your opinion please ?

Wishes,

Lancer.

 

[SavantGarde]

Hi Izzner,

No Problems So Far, But Remember To Exit One Lot With A 7-9 Bucks Profit & Maintain Only 1 Lot For Positional.

Will Give Us The Necessary Leeway To Do Other Futures, Whcih Could Range From Intraday To A Hold For A Few Days.

Market Is Going Nowhere But Up....So Don't Worry, We Will Keep An Appropriate S/L When The Market Exhibits Some Weakness & Looks Like Might Go Down 1500 Points....In The Meantime...Just Ride It & Banks For Tomorrow Are Looking Very Attractive..

Thanks ! But Please Don't Give Me So Much Credit, Most Of The Credit Goes To You For Choosing The Right Stocks....& Believing That Market Has Turned For Better....

Guys, Please Don't Start And Make This Into One Big Issue, y2j826 Is A Good Friend , Meant Well By Cautioning...., No Harm With That, Just That I Only Pointed Out Izzner's Capital Base Is Something He Should Have Been Aware Of, That's All...Peace To All

Happy & Safer Investing

SavantGarde

Happy & Safer Investing

SavantGarde

Savant Sir,
monday ko mera kya hoga...???

 

[lazytrader]

Re: Queries on Profit Booking

Thanks Savant for the kind words - me is still learning ...

I take it that I should let the market decide how much it needs to give me in each trade - just stick to my way of trailing stop losses and not worry of even "possible" higher profits if I ever I were to churn?

Is that the moral of the story?

Regards,
Enygma.

Enygma, I feel (personal opinion) that the amount of money you make is the direct result of effort you put in managing your money/stocks. If you are a laid back person or dont have much time for stock analysis or prefer the take what the market gives you then it is best to place trailing stops.

If you prefer to monitor your stocks continously and want to make as much as possible then learning a bit about analyzing chart will help. It will help in capturing more profit. However predicting stocks moves is difficult or looking for tops and bottoms will not be possible and even if you try will meet with losses.

So all said, your trades depends what make you feel comfortable. I have learnt a lot in this forum and continously learning more, because I am a person who likes to look at the details I analyse charts more closely but it takes more time. Since time=money it all fits together too well - spend more time to analyse stocks = make more profits.

Below is a chart with my analysis on praj. I would like to re-iterate, for those who think it is too complicated or advanced you dont have to go through charts in such detail. It is important we trade the way that we feel comfortable the same way we take the risk that we are comfortable with.

I've tried to explain as simply as possible but due to lack of space it looks cluttered. Take it one at a time from Left to right. I owe it all to traderji.com and seniors in this forum that have helped me in my TA journey.

 

[SavantGarde]

'JAI BABA'

Hi Lancer,

Hmmmmm..EDUCOMP Yes I Remember The Day I Told You It Went Up By 133 Bucks, Tomorrow Could Be Another Such Day......But Especially Keep An Eye On The Crossover.....For Intraday Exit.

IDFC & IDBI Are Slow Movers....So Wait If The Market Gaps Up To Enter On Retracement....But Exit Intraday....& Remember For All Trades Once In Decent Profit Trail It By Protecting Decent Amount Of Profit...Incase There Is Sudden Move Against Your Position.

Happy & Safer Trading

SavantGarde

'JAI BABA'

Hi Savant,

You had earlier asked me to keep a watch on EDUCOMP, IDFC, IDBI in the thread.

1. Educomp Solutions is currently down by more than 400 Rupees @3825 since July 29th price of 4260. . It reacts rather violantly on the retracement indignities bestowed upon it. It comes with a lot of 75 shares in FNO. Is it possible to snatch it in the early trade for it moves rather sharply for Intraday trade ?

2. IDBI CMP 96 from the high of 109 on 4th August ( 2400 lot size)

3. IDFC CMP 131 from 140 on 4th August but your recc. was Buy above 142 with target of 160+ ( lot size 2950 )

4. Holding on to PTC and STERLINBIO.

Of the above scrips IDBI looks more promising of better returns. Your opinion please ?

Wishes,

Lancer.