Stocks To Keep A Close Eye On

[SavantGarde]

Hi Rangarajan,

It Will Require Quite A Few Charts & Explanation....A Bit Long Drawn...Will It Be Ok If I Take It Up After Ganpati Visarjan....


Happy & Safer Investing

SavantGarde

Savant,

Yr observation 'Consolidation turning to Congestion '.Literally different of course.With relevant to stocks,kindly explain & how to exploit it.

ranga

 

[bijoy2526]

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

Friends..stock to watch for tomorrow...aban offshore...reasons..macd signal suggesting buy...secondly..aban is trading just below its resistance level third..news based aban offshore has signed agreementfor deploymentof 3 new build jack up rigsin the middle east for a period of 3 years..fourth from future datas decrese in price with decrease in open interest suggesting lot of short position has been covered which may prevent its further decline let us expect aban to touch its recent highs on 5th june 09 1242 and then 1309 high on 6th june 09..let us see, what happens tomorrow with usa market trading positive may be followed by asian market which had decined today..Bijoy Bhilai

 

[bansalvaibhav]

Hello Savant ji and other respectful traders....
Can you please give some advice on GLENMARK... should i hold it or go with a loss...
and i also want to know about Parsvnath Developers Ltd (is it a good stock for short term....)
Hope to see your reply soon...

Regards
Vaibhav Bansal

 

[enygma]

For Glenmark, what is your entry price?

Regards,
Enygma.

Hello Savant ji and other respectful traders....
Can you please give some advice on GLENMARK... should i hold it or go with a loss...
and i also want to know about Parsvnath Developers Ltd (is it a good stock for short term....)
Hope to see your reply soon...

Regards
Vaibhav Bansal

 

[SavantGarde]

Hi L2T,

Will Need To Check On My Other Computer...Will Try & Do It Later.

Happy & Safer Trading

SavantGarde

Dear Savant Ji,

Can you please have a look at chart for Vishal Technologies (VITLINFO) and Orbit Corporation and please let me know your views on both from short term prespective.

Have entered into both near y'day's close.

Cheers

 

[bansalvaibhav]

For Glenmark, what is your entry price?

Regards,
Enygma.

Sir ji
it is 240 Rs

 

[rmrtn1981]

Hay Mere Pass Anu Labs Ke Share Qty 500 Rs 17 Me Buy Kiye Hue Mujhe Kya Karna Chahiye

 

[enygma]

Vaibhav,

Please drop the "Sir ji" bit

It has stabilized a bit after the drop of the last few days. Right now it has been able to withstand the selling pressure coming around 210 area.

I would get out of it around 220-225 if it comes to that level when there is a good uptrend in the market in the next 2-3 days and move to a stronger stock. In any case keep a stop loss of 205, which if gets broken, will continue the downtrend.

Just my few cents

Regards,
Enygma.

Sir ji
it is 240 Rs

 

[enygma]

Pooja,

Your stocks come handy during such times. Some of us (using ICICI still ) keep stocks as margin. You will still need good amount of funds to hold Nifty futures but this reduces the actual amount of liquid funds you need to keep in your account.

Mr S.,

What is the minimum you recommend as "liquid fund" for playing NF positionally? One Lac?

Regards,
Enygma.

Thanks a ton Enygma..You made the message crystal clear.

I could not purchase Nifty futures on Savantji's suggestion the other day due to lack of funds.

Thanks & Regards
Pooja

 

[SavantGarde]

Hi Enygma,

Yes 1 Should Be Sufficient & Also Mental Strength Worth 1 Lac Atleast Is Needed...Besides Cash....

Happy & Safer Trading

SavantGarde

Pooja,

Your stocks come handy during such times. Some of us (using ICICI still ) keep stocks as margin. You will still need good amount of funds to hold Nifty futures but this reduces the actual amount of liquid funds you need to keep in your account.

Mr S.,

What is the minimum you recommend as "liquid fund" for playing NF positionally? One Lac?

Regards,
Enygma.