Stocks To Keep A Close Eye On

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SavantGarde

Well-Known Member
Hi Hardik,

Will Need To Look At The Charts & Will Require Till Evening To Give You A Detailed Reply....


Happy & Safer Investing

SavantGarde

HI Savant Sir,

I entered the market few months back with about 3lakh and all except my initial buy of 500 Suzlon at 141 went terribly long.
I dont mind holding it for as long as required but after geting a littile bit of knowledge I now understood that it was technically the worst buy possible.

I also beleive that the share has got a very strong resistance around 106-109 level..

Do you recommend to hold it till it turn into green to something else...

Regards,
Hardik
 

SavantGarde

Well-Known Member
Hi Amit,

1 Lot Meaning You Have Bought The Future Of RNRL....Anyways Even If It Is Future Then I Suggest During This Week To Rollover In Such A Way So That You Make Atleast 2 Bucks In Rolling Over.

If It Is Equity Then HOLD It For Now.


Happy & Safer Trading

SavantGarde

Hi Savant

Sometime back you had recommended RNRL. Had purchased 1 lot at 84 accordingly. Seek your views on the same. Thanks in advance

regards

Amit
 

talisman

Well-Known Member
@ Priyanvada,
BALAJITELE


If you want to go long, this is not a safe entry because it is near a resistance. Yes, there are efforts to pierce through the resistance line(increasing volume and price spreads). If it pierces up through the resistance line, it will again "test" the resistance line(a downday on low volume). If the test is successful, enter long and you will see a rally within couple of days. Edit: I suggest you wait for the test because the last candle has a closing in the middle(indicative of supply dormant in the background).

Now for the spot marked as "1":
The price was pierced through the resistance on July 25 with high volume and price spreads. While many books say that this itself is a genuine breakout(because its coupled with high volume), an addon-test its genuineness is the next 2 days where price is falling on lower volumes. This means that there is no selling pressure and the professionals can conveniently start a rally.
Hi,
Perhaps its too early to say but seems the script is breaking out of resistance! 11% up with great volume.
 

izzner

Well-Known Member
Hi Amit,

1 Lot Meaning You Have Bought The Future Of RNRL....Anyways Even If It Is Future Then I Suggest During This Week To Rollover In Such A Way So That You Make Atleast 2 Bucks In Rolling Over.

If It Is Equity Then HOLD It For Now.


Happy & Safer Trading

SavantGarde

Savant Sir,
How exactly can one make 2 bucks in just roll over.. please explain..:confused:
 

enygma

Well-Known Member
Re: Brokerage stocks?

Do not take me seriously on that one :)
Was just joking on the volatile times we live in and the retail mentality to keep jumping in and out of stocks ...

Regards,
Enygma.
Hi Sameer,

Brokerage Scrips Are Those Companies Who Are Brokers & Are Listed On The Exchanges...

EDELWEISS, INDIAINFO, MOFS, PRIME SECURITIES, JM Finanacial...Etc.


Happy & Safer Trading

SavantGarde
 
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