Stocks To Keep A Close Eye On

[talisman]

As long as you are bringing profits home, you are doing great !! Over a period of time, you will get comfortable with these intraday movements and trades. Am not a great fan of intraday trade in stocks but I would like to add a few points for nifty option trades

- Use intraday trades to maximize profits on your positional trades. Always have a positional trade in the direction of the current positional move so that you do not get completely wrong footed.

- If you are taking a trade only for intraday, keep a stop loss (like a Nifty level) and even if your target profit is not reached, evaluate whether you need to carry the position overnight or you are better off squaring off.

- Writing calls blocks up margins. You can also buy PEs to get the same effect.

- Evaluate how much brokerage you are paying. If you think you are paying too much, think about moving to a cheaper option but profits minus brokerage is still profits ....

- Trade intraday only when you sense an opportunity. For example, yesterday was such a narrow range that I did not feel the need to do any trades. My positional longs were already in place. Today was different and as you correctly pointed out, there were enough opportunity to play both sides.

Regards,
Enygma.

Mr. E,

So many valid points....Yes, PE option should work equally fine..Just have not tried it yet..

However, I feel susceptible about carrying positional trade overnight..Its like okay, I am willing to book profit or loss but I wont carry them...Probably the psychological effect of 4700 CE had on me still spooks me...I mean that was my first attempt at options and watching it sliding from 170 to 85..It was as if my heartbeat was skipping in that range...
The fact that, How US & Asia will fare and that will consequently affect Nifty..I mean, yeah, undertone is bullish but apprehension still lingers on so thats why my view about carrying overnight point...

Tell you what, Honestly speaking...when you trade and make good returns, what gives you more high is the fact that whatever you achieved today was based on logic and sound judgement...I think, if these things are right, money will follow...money here is more like a by-product...Just the fact that your learning is being put into practice and that too with effective result...thats the real kick...
totally off topic..just wanted to blabber..

Will keep all your points in mind....

Thanks a ton...for the umpteen times...

 

[bansalvaibhav]

Hello Everyone...
I would like to know about two stocks of my portfolio...
I have bought HFCL Infotel Ltd and anu labs for a long term period.
What do you guys think about these two stocks... can they will perform good for a long term period like 6 months... or did i make a wrong decision...

One more small query as Suzlon has already broken its first support of 97 so should i exit or give it an another chance....

Hope to see your useful response soon

Regards
Vaibhav Bansal

 

[SavantGarde]

Hi Vaibhav,

I Am Sure Both Were Recommended To You....Anyways The Day You See A Big Downside In Either Of Them, Exit & Never To Buy Back, Applies To Both.

Happy & Safer Investing

SavantGarde

Hello Everyone...
I would like to know about two stocks of my portfolio...
I have bought HFCL Infotel Ltd and anu labs for a long term period.
What do you guys think about these two stocks... can they will perform good for a long term period like 6 months... or did i make a wrong decision...

One more small query as Suzlon has already broken its first support of 97 so should i exit or give it an another chance....

Hope to see your useful response soon

Regards
Vaibhav Bansal

 

[bansalvaibhav]

Hi Vaibhav,
Anyways The Day You See A Big Downside In Either Of Them, Exit & Never To Buy Back, Applies To Both.

Happy & Safer Investing

SavantGarde

Thanks savant sir for your quick reply...
i am quite confused a big downside or upside...

Or should i exit quickly with a small loss.....

 

[SavantGarde]

Hi Vaibhav,

Apologies...Didn't Mean To Scare You.....Just That...Both Will Keep Going Up As Long As The Market Moves Up....Therefore, Wait To Exit With Decent Profit...Don't Press The Panic Button Tomorrow.

Happy & Safer Investing

SavantGarde

Thanks savant sir for your quick reply...
i am quite confused a big downside or upside...

Or should i exit quickly with a small loss.....

 

[bansalvaibhav]

Hi Vaibhav,

Apologies...Didn't Mean To Scare You.....Just That...Both Will Keep Going Up As Long As The Market Moves Up....Therefore, Wait To Exit With Decent Profit...Don't Press The Panic Button Tomorrow.

Happy & Safer Investing

SavantGarde

Ok sir ji,
i understand now.... means they are not good for long term race...
and as i understood from other posts I must have to wait to invest in some good scrips for long term..

Hope soon i will get some suggestion from your side for long term perspective

 

[welcome1100]

Hi,

Can anyone please tell me how to short sell options using ICICI Direct coz i thought the only way to trade downside in the market is by buying PEs.

Talisman - great trades. Can u give me ur email id, preferably yahoo one.

Thanks
Pooja

Savant Ji,

Like always...Thanks for your input....

'Emotional detachment'..umm..that makes so much sense...I mean..Yes, I used to have this affinity for certain stocks...but did not actually realize when I moved out of that feel...It really makes sense...I understood your 'control' statement...Guess, that thing is going to come with practice...

* Waise..I still have a biased view about one stock..Everonn..Dont know why ...I dont trade in it but I just don't let it go from my portfolio...

Slightly, Off-topic..You are so Eloquent with your language...By profession, I am a freelance writer..but looking at the way you convey things..I think, You have an alternate career waiting for you..

Thanks again..

 

[chaitanyagoa]

Hi,

Can anyone please tell me how to short sell options using ICICI Direct coz i thought the only way to trade downside in the market is by buying PEs.

Talisman - great trades. Can u give me ur email id, preferably yahoo one.

Thanks
Pooja

Hello Pooja,

When u want to sell(write) a sell option.... u can go to


F&O>> Place order>> Select Options and then call (at the side)>>

Then U get a page displayed with all the series and its values......

Suppose u want to sell a OCT 4700 then

Fidn the OCt 4700 and then click SELL.... that short's the OCT 4700.

Hope i got it cleared...........

 

[chaitanyagoa]

Hello All,

Can someone explain me the terms Strike Price, Premium, Intrinsic value etc with an example. I have read it many times in many websites But it doesn't seem to get into my head for some reason:annoyed:

Thanks

 

[SavantGarde]

Hi Talisman,

I Have Already Done The Needful....

Happy & Safer Trading

SavantGarde

Hi,

Can anyone please tell me how to short sell options using ICICI Direct coz i thought the only way to trade downside in the market is by buying PEs.

Talisman - great trades. Can u give me ur email id, preferably yahoo one.

Thanks
Pooja