Stocks To Keep A Close Eye On

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enygma

Well-Known Member
Thanks for the reply :)

Nah most of my positional stocks play are still loaded - just took advantage of the weakness to weed out some and keep some cash for more possible adds.

The main bullet offloaded is BNF, was tempted to buy the Sept one when it come to 69xx but your Chinese whispers prevailed on me.

Regarding Glock, I did have my margin of safety on BNF, but then have lost enough on Budget day to know the importance of a trailing stop loss !!

Regards,
Enygma.

Hi E...:)

I Just Took The Ride In The Direction Crude Was Going...That's All

No Chance Of Diversifying....To Chinese Markets...Looking To Do Them In For All The Trouble...They Have Been Giving Us In The Last Few Days...When They Come Here....

Where Is The Question Of Reloading...When You Shouldn't Have Offloaded..
Now That You Have Offloaded...Play The Range Till Expiry Then Take A Fresh Positional Entry...On The Day Of The Expiry 27th August.

You Should Have Been Carrying A Glock Or Something With Enough Rounds...So It Doesn't Require...Reloading For Sometime...:)


Happy & Safer Trading

SavantGarde
 

enygma

Well-Known Member
Prasenjitsh,

As a trader in Glenmark - I got out when it was not able to go beyond 27x - my suggestion would be wait out. More brokerages will come out with sell recommendations etc and depending upon where the general market is, you might get a lower price. Pharma again is a defensive play and with uncertainties like today's events in Glenmark make them Volatile Defensive Plays :)

Just my 2 pills on this.

Regards,
Enygma.
Hi Savant Sir,

I am an investor not trader.Shall i buy GLENMARK PHARMA at this level for long term?:confused:
 

SavantGarde

Well-Known Member
Hi Prasenjit,

For An Investor I Wouldn't Recommend GLENMARK, All The Milestone Payments They Have Recieved Have All Slowly Bombed At Various Stages Of Clinical Trial...Or Companies That Paid Have Withdrawn...As A Result No Payment No Further Research....& Moreover I Don't See Much In The Pipeline...All In All It Is Not Looking Very Good For Them...Infact If You Are Particularly Interested In PHARMA.....There Are Many Others Doing Very Well, But Will Need To Wait To Buy On Some PullBack...A Few That I Can Recommend Are

1) DISH PHARMA
2) LUPIN
3) CIPLA
4) CADILLA

Can't Think Of Anymore Offhand...But There Are Some More.

But If You Are Getting Into Pharma Stocks, It Is Always Better To Have A Few Companies Than Just One....


Happy & Safer Investing

SavantGarde

Hi Savant Sir,

I am an investor not trader.Shall i buy GLENMARK PHARMA at this level for long term?:confused:
 

tazzking

Well-Known Member
Re: Stocks To Keep A Close Eye On - Chapter II

Hi All Friends,

I had to go out and was moving around different places since 31-8-09. Therefore, I was not able to post the follow-up and new triggers during this period. A lot of things have changed and need updating. I may be able to update today in the evening and resume the posting.

Regards

-Anant
Thanks anant..we all are waiting for your post ....
 
Hi,

I am a new trader and have just opened my acount in Sharekhan, please suggest me which stocks to buy intially to see profit in a months time.

I have Nagarjuna Fert and Unitech in mind. are these good ?
 
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