Stocks To Keep A Close Eye On

[aditya14]

Bulls gain as traders rush to cover their short positions

Brokers said covering of short positions was the main trigger for Fridays rally. This is evident from the provisional data on institutional activity, which shows both foreign and local funds as net sellers. Foreign funds net sold shares worth Rs 400 crore while net domestic fund activity was negligible, as has been the trend over the past week.

Most brokers expect key indices to trade in a narrow band, unless there is a sudden acceleration in foreign fund inflows or the situation on the global markets front improves significantly. Technical analysts see 16000 as a key resistance for the Sensex and 4750 as a major hurdle for the Nifty.

News from world markets was mixed. In the US, the pace of job losses slowed down to 216,000 in August, raising hopes that the recession is ending. However, the unemployment rate reached a 26-year high of 9.7%, underscoring threats to consumer spending gains in the recovery.

In Asia, China shares rose for a fourth day after the government said it may take years to implement stricter capital requirements for banks. Post-market hours, the government announced draft rules raising the amount foreign funds can invest in equities and bonds by 25%.

Guys, What's your interpretation from the above news? How will be the market on monday?

Weak,twice it has failed to breakout.The market may open 30-40 points up but there may be weakness in the afternoon.Anyone else notice that DOW is seemingly taking cues from Asian markets which is a role reversal.Market should remain rangebound between 4500-4750/4800 next week.

Does anyone follow SmartInvestors on business standard website.I bought shares following some fund managers and doin well.They show live when the fund managers buy stocks so worth looking into.
What do you guys think about markets next week?

And please predict the market closing this month any guesses i know its a short month.

 

[tazzking]

Weak,twice it has failed to breakout.The market may open 30-40 points up but there may be weakness in the afternoon.Anyone else notice that DOW is seemingly taking cues from Asian markets which is a role reversal.Market should remain rangebound between 4500-4750/4800 next week.

Does anyone follow SmartInvestors on business standard website.I bought shares following some fund managers and doin well.They show live when the fund managers buy stocks so worth looking into.
What do you guys think about markets next week?

And please predict the market closing this month any guesses i know its a short month.

buisness standard/khelostocks those websites are not very good..cause they don't have any clarity...its like a simulator...last week one of the fund manager bought anant raj [email protected] two days that particular counter lost its momentum and hit 141...

 

[SavantGarde]

Hi Aditya,

Without Knowing What Actually A Site Is Upto, Refrain From Mention & Recommendations Here.

Predicting Where The Market Is Going To Be This Month....Is No Help Either To A Trader Or Investor & Perhaps Not The Right Way To Look At Things....If One Is Going To Be Involved In The Market.

Happy & Safer Investing

SavantGarde

Weak,twice it has failed to breakout.The market may open 30-40 points up but there may be weakness in the afternoon.Anyone else notice that DOW is seemingly taking cues from Asian markets which is a role reversal.Market should remain rangebound between 4500-4750/4800 next week.

Does anyone follow SmartInvestors on business standard website.I bought shares following some fund managers and doin well.They show live when the fund managers buy stocks so worth looking into.
What do you guys think about markets next week?

And please predict the market closing this month any guesses i know its a short month.

 

[SavantGarde]

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

Hi Anant,

The Link Needs A Little Editing

It Is A Very Very Impressive Performance Of Your System & Is Just As Logically Put Together & Formatted As We Have All Come To Expect From You...

Explanation Of Your System That You Are Proposing, Please Post Here In Chapter-II

Excellent Work & Hats Off To You

Warm Regards As Always

SavantGarde

 

[asnavale]

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

Hi Anant,

The Link Needs A Little Editing

It Is A Very Very Impressive Performance Of Your System & Is Just As Logically Put Together & Formatted As We Have All Come To Expect From You...

Explanation Of Your System That You Are Proposing, Please Post Here In Chapter-II

Excellent Work & Hats Off To You

Warm Regards As Always

SavantGarde

Thanks Savant,

I think the link is now working. I have edited and tested it.

Thanks once again for your encouraging words of appreciation.

Regards

-Anant

 

[somanchirajasekhar]

Hi Rajasekhar,

I Wouldn't Suggest ONGC Or Any Other Oil Stocks...Please Read Between The Lines....They Are Rallying To Make OILINDIA IPO Look Attractive....

If You Want Entry, Then Wait For Some Correction....CAIRN Looks Attractive On Dip.

Preserve Your Capital....If There Is Anything Worth Deploying Some Money Just Check For Fresh Or Continuation Triggers Is Chapter-II Either From My List Or Anant's

One That Is Looking A Little Attractive At The Moment Is TTML....Looks Like Something Is Cooking...Do Not What....Though

Happy & Safer Investing

SavantGarde

Thank you savant bhai for the info .Do you think it is good to buy TTML ?? main aapka Do Not What....Though samjha nahi
if u think it is a good buy for midterm will buy it and will def check those triggers and also i was lookin at uttam galva and with the arcelormittal deal i am thinkin it will increase.what do u think savant bhai ?

 

[talisman]

Thank you savant bhai for the info .Do you think it is good to buy TTML ?? main aapka Do Not What....Though samjha nahi
if u think it is a good buy for midterm will buy it and will def check those triggers and also i was lookin at uttam galva and with the arcelormittal deal i am thinkin it will increase.what do u think savant bhai ?

Hi,
As far as I think, "Do Not What... Though" referred to some news/announcement/operators/ or any other such unusual thing that might be taking place or will take place but he is not sure of it. But yes, the counter seems active and based on that either you can play along the rumours or..just take your own call... also, there is no triggers recently posted as far as TTML is concerned.

About Uttam Galva, I think, if you notice, it has almost doubled in last 2-3 weeks. Probably people were aware of the news and now that news is out probably a day or two and the steam will be over.

Just my two cents.

Regards,

 

[SavantGarde]

Hi Rajasekhar,

My Apologies...For The Typo...It Should Have Read As 'Do Not Know What...Though'
TTML - Yes You Can Enter....But Divide Your Target Quantity In 4 Parts, Of Which BUY 1 Part Now....2nd.....3rd & 4th...At Ever 0.80-1.10 Dip....

UTTAMGALVA Had Triggered BUY Earlier...There Might Be A Bit Of Quick Profit In It....In View Of The Open Offer From Arcelor-Mittal.

Happy & Safer Investing

SavantGarde

Thank you savant bhai for the info .Do you think it is good to buy TTML ?? main aapka Do Not What....Though samjha nahi
if u think it is a good buy for midterm will buy it and will def check those triggers and also i was lookin at uttam galva and with the arcelormittal deal i am thinkin it will increase.what do u think savant bhai ?

 

[talisman]

Anant Ji,

Checked your triggers' list. very well compiled and presented. A job well done.
What I wanted to ask is the system you were working upon is finally done with or some more modifications or changes are likely to take place? I mean kind of ongoing process?

Regards,

 

[talisman]

Savant ji,

Oops..I am so sorry...did not check your reply and explanation about TTML...Plz delete my reply...

My Apologies...

Regards,