Stocks To Keep A Close Eye On

[tazzking]

Thanx savantji....for ur advice...NOW what is best time for BTST calls...last thursday I bought noida toll at the level of 44..at 3:25 PM..very next day it's open @ 45...I sold all 500 share at this rate...another thing I observe when people buy after market closed the price open with high at very next morning...

So, is that advisable to trade like that way...

 

[talisman]

Bunch of answers were pending upon 4700 Calls.

1. There was a reason for Savant to advice 4700 as the strike price. At the money or In the money call options gain faster during upwards movement of nifty. You would have observed that one point of gain in Nifty would make the 4700 call move more than the 4800 call and so on.

2. There is a time decay factor attached to the premiums we pay whenever we buy options. For e.g, the 4700 call closed at 174.10 and the nifty closed at 4732. (Am going by NSE last prices and not settlement prices, which might be a bit off but do not make too much difference for the math that follows). This means that 4700 call is now in the money since nifty is above 4700 (by 32 points). We are paying around 142 points (174-32) for the fact that there are still 18 trading sessions before expiry during which Nifty can go further up. This "time decay premium" will obviously come down as days pass and Nifty remains rangebound and this is what affects options buyers.

3. 4900 Call premiums will fall rapidly in case Nifty moves downwards towards 4500, since the probability of Nifty scaling 4900 becomes lesser as days go by.

4. You can sell options intraday or any day including on expiry. This is similar to selling a stock. The only thing to be careful is the fact that options expire on a specific date and hence there is a clock ticking. Do not get married to an option that is against the market trend because the premiums will fall off rapidly.

Having said all this, set the target as suggested by Savant next week and we can review the progress as the week unfolds. In case of a strong upmove, there might be a case to get into 4800 calls as well.

Regards,
Enygma.

@ Enygma,

The explanation was far from 'enigmatic' and very clear to my understanding. Very well explained. Clears quite a number of things.
Thanks for your time.

Regards,

 

[SavantGarde]

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

Hi Talisman,

There Maybe A Few....But Will Try & Post Thos In The Night

Happy & Safer Investing

SavantGarde

Before Updating new targets/SL, is there any new triggers in pipeline? Am asking because, if answer is yes, I would incorporate new list as well otherwise just the new updated sheet.

Regards,

 

[hills_5000]

BTST can be very risky , you just might find the trade going against you next morning ( as i have in the past )...

next..how do you manage to buy after market closes....

Thanx savantji....for ur advice...NOW what is best time for BTST calls...last thursday I bought noida toll at the level of 44..at 3:25 PM..very next day it's open @ 45...I sold all 500 share at this rate...another thing I observe when people buy after market closed the price open with high at very next morning...

So, is that advisable to trade like that way...

 

[superprogrammer]

Which all brokers allow STBT?

 

[kenneth]

Hi Ken,

I have attached the modified Updater AFL in my original post (Page 341, post no. 3403) replacing the earlier version. This AFL lists the Target / SL reached columns as you wanted. If you have anything more please post here.

Regards

-Anant

Thanks Anant.

Regards
Ken

 

[somanchirajasekhar]

hello savant sir
how ru doin ?? hope you are doin good
savant sir aapne bola hai ki will tell some good stocks to buy.Hoping to hear from u soon

Thanks and Regards
Rajasekhar

 

[kenneth]

Hi Ken,

I have attached the modified Updater AFL in my original post (Page 341, post no. 3403) replacing the earlier version. This AFL lists the Target / SL reached columns as you wanted. If you have anything more please post here.

Regards

-Anant

Thanks Anant Trying your updater for a quick review to see the stocks that have reached the targets and new triggers. I know Savant will give his list of buys. One thing I observe is that chart is not displayed when you click on the list. Could you please let me know the reason and if there is any way to have a quick look at the chart.

Buy Date	Updated on	SymbolBuy PriceToday's CloseTargetTarget ReachedBuy Trigger	
8/24/2009	8/28/2009	ABAN	1197.55	1570.15	1428.80	YES		
8/24/2009	8/27/2009	ABAN	1197.55	1558.60	1428.80	YES		
8/24/2009	8/28/2009	ORCHIDCHEM104.50 122.00	118.35	YES		
8/24/2009	8/27/2009	ORCHIDCHEM104.50 124.10	118.35	YES		
8/24/2009	8/27/2009	BHARTIARTL413.80 416.50	443.95		Buy	
8/24/2009	8/27/2009	BRFL	189.80	205.30	213.70		Buy	
8/24/2009	8/28/2009	CESC	336.90	379.75	392.80		Buy	
8/24/2009	8/27/2009	BANKRAJAS 77.40	 80.30	 84.90		Buy	
8/24/2009	8/27/2009	GDL	 99.75	105.70	119.05		Buy	
8/24/2009	8/28/2009	HDIL	284.50	316.10	333.45		Buy	
8/24/2009	8/27/2009	NDTV	161.65	162.65	175.40		Buy	
8/24/2009	8/28/2009	TATAELXSI170.00	166.05	174.00		Buy	
8/24/2009	8/27/2009	TV-18	107.70	117.65	119.00		Buy	
8/24/2009	8/27/2009	DCB	 37.45	 40.00	 40.80		Buy	
8/24/2009	8/28/2009	BHARTIARTL413.80435.20 443.95		Buy

Thanks & Regards
ken

 

[aditya14]

Again a doubt related to first point. I know little about options and know the meaning of ITM,ATM and OTM. As per ur point 1, wont it be gud for a person to enter into option trade(call/put) with ITM or ATM.Example:-

Let say I cannt read charts or predict market/stock direction.Now suppose Nifty is above 4700 and the expiry date is month away, we can trade the call for 4700(ITM).Similarly if it comes below 4700, i can trade the put of 4700(ITM) and exit with the best opportunity available.

Easier said than done.There are tons of factors involved,its not as easy as buying 2 ITM call and put and u make money.Seriously i would ask you to look at some strategies before jumping into options as it`ll rip ur pockets quickly.

Google Bear/Bull spreads,or Iron Condors.Don`t just dive in i have paid the price i wudn`t want newbies to do the same.

 

[bansalvaibhav]

Hello sir ji,
I would like to know about one scrip i.e. Ceat Ltd.
It is doing very good from past two months... and currently it is at its 52 week high...
I am posting the chart of ceat here so that you all can help me to make a decision over this stock.....

can anyone tell me that how many days are left of this up rally.....


Hope to see your comments soon

Regards
Vaibhav Bansal