Stocks To Keep A Close Eye On

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

Hi Suresh,

Tgt = 2 * H - SL;

is an empirical formula to calculate the target price. It has no theory behind it but it has Savant's experience behind it. I would roughly understand it like this:

When the Buy trigger is given, the price has already moved up from the previuos low. I assume that it has alrady moved by 50% towards the target. The total move from its low to the High of trigger day is therefore (H - SL) where H is high of trigger day and SL is the previous low (which we take as stop loss). As this (H - SL) is 50% of actual target, it will move by the same amount (50 + 50) above the High to reach the target. Therefore, our target price is Tgt = H + (H - SL) = H + H - SL = 2 * H - SL;

As you see, it is only an empirical formula. But it works most of the time. It does fail some times, without achieving the target. But it is part of a system which we can not predict. Till we find a better and more accurate way of calculating Target, use it with its limitations.

As for the history of Sep-Oct period, you can see the charts with the AFL and find that in those periods the system has performed well. In the uptrend of 2007, the system has given BUY triggers near the beginning of the uptrend and continued till the end of the trend without any Sell trigger in between. Of course, a few whipsaws in some cases are there but overall its performance was good. Similarly, in 2008 (the downtrend period), the system has given Sell triggers just after the beginning and No Sell triggers till the end of that period. Again, a few exceptions are there. Therefore, the overall performance is good. The system has been back-tested with historical data and also with live data since July till date.

-Anant
Hello Anant

Thanks for your detailed reply.

I wonder if you have a list of scrips that you run your afl on, or you run it on all the scrips in CNX Nifty 500?

Looking forward to analyse your updated afl.

Rapidshare suggestion from Savantji appears good to me, so that there is no issue about the limits whatsoever. Anyways, you know better.

The team must collectively find some parameters to avoid whipsaws and further refine the triggers. I mean 10 solid triggers a week with more than 90% accuracy cumulatively in a month so would be ideal :).

Anyways, you are doing a marvellous job.

Thanks
Suresh
 

SavantGarde

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

Hi Suresh,

Anants List Of Stocks Are Present In This Thread...You Need Some Elbow Grease....:)


Happy & Safer Investing

SavantGarde

Hello Anant

Thanks for your detailed reply.

I wonder if you have a list of scrips that you run your afl on, or you run it on all the scrips in CNX Nifty 500?

Looking forward to analyse your updated afl.

Rapidshare suggestion from Savantji appears good to me, so that there is no issue about the limits whatsoever. Anyways, you know better.

The team must collectively find some parameters to avoid whipsaws and further refine the triggers. I mean 10 solid triggers a week with more than 90% accuracy cumulatively in a month so would be ideal :).

Anyways, you are doing a marvellous job.

Thanks
Suresh
 

asnavale

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

Hello Anant

Thanks for your detailed reply.

I wonder if you have a list of scrips that you run your afl on, or you run it on all the scrips in CNX Nifty 500?

Looking forward to analyse your updated afl.

Rapidshare suggestion from Savantji appears good to me, so that there is no issue about the limits whatsoever. Anyways, you know better.

The team must collectively find some parameters to avoid whipsaws and further refine the triggers. I mean 10 solid triggers a week with more than 90% accuracy cumulatively in a month so would be ideal :).

Anyways, you are doing a marvellous job.

Thanks
Suresh
Hi Suresh,

I have a list of about 200 shares on which I run the AFL. The list is given in the mother thread. Search for my posts in that thread around 30th June.

The system is being improved through collective efforts with contribution of ideas from all the members here.

The modified AFL is being uploaded. It is not much changed. I have added another option in it to draw Bollinger bands. This was suggested by Savant and Prasad also has contributed to the idea. At present there is no interpretation added based on BB. There is option to draw BB and facility to play around with BB period and BB width.

Thanks for your ideas and words of appreciation.

Regards

-Anant
 

raj_hpking

Well-Known Member
Hello Savant Ji,

What happen to jindal south and west hodlings limited?

It is tremendously increased today. from 1343 to directly @1588 hight till this time.

I searched for any news but nothing?
 
Re: Stocks To Keep A Close Eye On - Chapter II

'JAI BABA'

For Short Term Investors (For 22/09/2009)


1) BUY EVEREADY (CMP 73.85) @ 76.40
Quantity 16 Shares
Stop Loss 64.05
First Target 88.80

2) BUY HCLTECH (CMP 351.25) @ 348.80
Quantity 4 Shares
Stop Loss 307.00
First Target 380.95

3) BUY MARUTI (CMP 1639.30) @ 1650.00
Quantity 1 Shares
Stop Loss 1454.60
First Target 1845.45

4) BUY UNITY (CMP 393.05) @ 398.00
Quantity 5 Shares
Stop Loss 363.10
First Target 432.95

5) BUY 3IINFOTECH (CMP 90.20) @ 90.85
Quantity 22 Shares
Stop Loss 81.85
First Target 99.85

6) BUY SINTEX (CMP 246.70) @ 247.35
Quantity 9 Shares
Stop Loss 228.00
First Target 271.85

7) BUY NATIONALUM (CMP 358.45) @ 365.05
Quantity 4 Shares
Stop Loss 321.60
First Target 408.45

8) BUY GITANJALI (CMP 122.95) @ 126.00
Quantity 13 Shares
Stop Loss 111.50
First Target 140.50

9) BUY APIL (CMP 544.75) @ 558.00
Quantity 3 Shares
Stop Loss 505.40
First Target 610.65

10) BUY TNPL (CMP 80.35) @ 81.20
Quantity 41 Shares
Stop Loss 76.40
First Target 86.05

11) BUY GESHIP (CMP 284.60) @ 288.30
Quantity 7 Shares
Stop Loss 262.50
First Target 314.15

12) BUY KSK (CMP 207.90) @ 212.90
Quantity 14 Shares
Stop Loss 199.10
First Target 226.75

13) BUY JPHYDRO (CMP 83.90) @ 84.40
Quantity 53 Shares
Stop Loss 80.65
First Target 88.15

14) BUY AMBUJACEM (CMP 100.00) @ 101.50
Quantity 36 Shares
Stop Loss 96.00
First Target 107.00




Quantity Of Share To BUY Is Position Sized For Rs.20000 Available For Each Scrip
(Adjust Qty. Depending On Your Availability)


Happy & Safe Investing

SavantGarde
Hello Savant Sir,

Short Term as in?? is it to be hold for 3 - 4 days? I bought Eveready today.

Thanks,
Rockk
 
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