Stocks To Keep A Close Eye On

[biggles]

Hi Biggles,
You have already got an important lesson - not to trust the media and those analysts.

The analyst appearing on the TV is just one of the many tools of the market/share operator. I have my own reservation about these analysts who talk about operational aspects of the company.

For ex: On CNBC TV18, these days they have a new segment called "Bull's Eye" where they invite expert analysts to suggest stocks. Those analysts speak at length about how some company is improving its manufacturing process, its distribution, its mergers/demergers, acquisitions, etc. This type of analysis, which I term as "operational analysis" is one of the most useless type of analysis. A company may be acquiring some company but it may be selling one of its subsidiaries. Sometimes there are like "CEO of XYZ company sold a huge lot in open market". But it is known that many such CEOs have secretly bought back the same stock!

Since myself is versed technical analysis, its easy to verify the "tips" given by the analyst. Also, many times I find that the analyst tips after the big move has occurred, whereas as there is many times enough indication a day or two in advance that a big move is coming. They don't want you to buy before the big move because themselves want to accumulate the stock. Once the big move has occurred and their accounts are showing good profits, they will recommend the stock target with a very lucrative "target" so that the "herd" falls for it and buys it. This herd buying is nothing but distribution of the stock from the share operators to the idiot herd. You can yourself lookup the performance of "tips" given by these "expert" analysts. Some analysts have been busted and banned from offering "advice" in public media.(They advice BUY but secretly they are selling into it). Don't know why exactly are they called "experts". May be because they are expert in making money for themselves and operators!

Ah! bunny, couldnt agree with u more there.

well said mate! Three cheers to that.:clapping:

 

[bunny]

hi bunny,

can u have a look at two scrips, reiagroltd and simplexinf, both seem to be dancing to some strange music. ( wassup?????) So buy or dump? value the opinion.

thanks
reg

On charts,
REIAGRO could touch 60-61 in very near term(under 1 wk).

No views on SIMPLEXIN as it is a very thinly traded stock, but it seems there is a strong resistance at 394.

 

[learn2trade_ar]

Hi L2T,

Hmmmm....You Still Haven't Given That Old Habit Of Yours.....Like The One You Did With EDUCOMP...Before The 18th May....

Very Short Perspective Meaning....Next Couple Of Days....Is Easy....It Will Remain Where It Closed Today.....

Just Kidding L2T....Will Have A Look At The Charts Tomorrow...

Happy & Safer Trading

SavantGarde

You're great Savant sir, kamal ki memory hai. You've been answering so many queries on daily basis from different members and still you remember my last query I asked around 3 months back :clapping::clapping::clapping:

And regarding my very short perspective, this is what I'm trying to overcome. And ironically these 2 are the trades where I did not take my comfortable 4% kind of profits available on the table (same day) and instead thot of riding the rally further and squeeze it till end. But, now looks like, I shud have taken the profits available.

I'm very desperately these days working on riding on the rallies as long as possible but my general tendency is whenever I see 5% types of profit, I book them. And I also know that this way, I'll never be able to achieve my ambitions as small profits will be squared off by inevitable small losses. so, need to master "Let your profits run" part of trading. Looks like I'm now getting bit ok with the other part "Cut your losses short".
Sir, if you can provide any inputs/methods to master this, I'll be obliged.

Anyways, eagerly awaiting your reply on Maruti & Hero Honda query sir.

 

[learn2trade_ar]

On charts,
REIAGRO could touch 60-61 in very near term(under 1 wk).

No views on SIMPLEXIN as it is a very thinly traded stock, but it seems there is a strong resistance at 394.

Hi Bunny,

Just wanted to confirm my understanding, is this call on REIAGRO based on bullish engulfing on Thursday and then confirmation happening on Friday + steep rise on volumes.

Please let me know if any other technique/method gone behind this call so that newbies like me can also gain.

Thanks & Regards

 

[tazzking]

DOW recovered from intraday low....closed with -76..point... don't worry....:thumb:

 

[izzner]

Looks like the bad news for Dow wasnt that bad after all... Dow recovered but Europe(Dax) tanked more than 1.5%..:rofl:

Dax is gonna be all guns blazing on monday... so logically it would be a very good idea to buy momentum stocks monday morning before Europe opens coz Dax opening positive or a lil on higher side will drag the FTSE and CAC along with it... and our markets will run after them..:rofl:

so some quick bucks possible on monday... ofcourse no fundamentals or Technicals here its a plain GWF call..

 

[tghai]

Re and $

Savant,

I know its a silly question but still i want to ask.
Is rupee expected to go down or up on coming monday and tuesday compared to USD.

Thanks ,
Tarun

 

[SavantGarde]

Re: Re and $

Hi Tarun,

What I Have Noticed Is If The Markets Go Up Then Rupee Goes Down & Similarly If Markets Go Down, Rupee Goes Up.

By The Way, Your Offline Msg The Other Day..Got Accidentally Deleted, Therefore If You Can Send Another So I Can Save Your ID

Happy & Safer Investing

SavantGarde

Savant,

I know its a silly question but still i want to ask.
Is rupee expected to go down or up on coming monday and tuesday compared to USD.

Thanks ,
Tarun

 

[Mehr]

Good Morning Savant Ji,

I m logging on to traderji after a gap of nearly 15-20 days. Infact I was out for work. Now I m back.
If you remember you had suggested me to remind you regarding my holdings (small) in mid august. They are as such:
JP Hydro - 200 - 91.0
IFCI - 100 - 44.5
Indowind - 100 - 38.5
Ispat - 500 - 20.4

I can hold on to them for as long as I have to but then please guide if any of the shares is to be sold n the money to be invested in some other share.

Kind Regards,

SUMEET

 

[bunny]

Hi Bunny,

Just wanted to confirm my understanding, is this call on REIAGRO based on bullish engulfing on Thursday and then confirmation happening on Friday + steep rise on volumes.

Please let me know if any other technique/method gone behind this call so that newbies like me can also gain.

Thanks & Regards

Hi L2T,
I am using historical price and volume data. See the below chart.