Stocks To Keep A Close Eye On

[MurAtt]

actually what i am looking is 25% profit is that possible in this BO
Next question is how to find shares which are ready to BO

Agar yeh pata hota to TJ me seekhne ke liye aate kya -- broker ki office me baith ke note chhaap rahe hote

:rofl: :lol:

 

[praveen taneja]

Agar yeh pata hota to TJ me seekhne ke liye aate kya -- broker ki office me baith ke note chhaap rahe hote

:rofl: :lol:

Now Motto changed to Trade less but wise no need of filling brokers stomach:thumb:
Patience is must in all my trade suggestion by many stalwart in TJ including Savant bro will try my besy:thumb:

 

[enygma]

Seems to be stuck in a trading range after the 10% upmove of 24th August. After that it has been making lower lows - so that is bearish.

I would go long if it closes above 226 and go short if it closes below 205 and ignore it till the time it remains in that range.

Regards,
Enygma.

Any view on this chart which way BO can happen????

 

[ANMOL]

Hi SG,

I have got rid of the 5200 CE which I had written a few days back. Loss on this is RS 827 (incl brokerage) However, all my other written calls are in profit and hopefully by expiry I will pocket all the premium.
If you remember, I had written 5300 CE 200 @ 32.7 which is now at 11.6. Do you feel that I should get rid of this as well in case nifty approaches 5300 by expiry ?

Regards
ANMOL

Thanks SG for the prompt reply.
Maybe I will have to get rid of the 5200 CE if nifty approaches / crosses 5200. I will wait for your reply over the weekend.
I always find writing OTM (7% away) options more easy as I cannot follow the market regularly. I always build my position at the start of the series and then wait for nifty to expire between my range so that I can pocket the entire premium. Since I write OTM options, the returns are also low.
Please give your comments on my strategy and suggestions for improvment

Regards
ANMOL

 

[stockBond]

Savant sir

I have seen your target for Sesagoa

SESAGOA, Trig Date: 7-10-09, Profit= 22.08% (Next Target 440.20 S/L 283.25)

But still it would help if you could post your detailed analysis with chart.

Today it was down (cmp 347.55) may be Q2 results effect.

I suppose all dips should be an opportunity to buy with a target of 380 by this month end.
Anyways how are the results of Q2 ..........anyone knows ?

 

[enygma]

PT-Bhai,

Have a look at the stocks Anant and SG put out on the Chapter-II thread. If you were to pick out 10-15 stocks from the fresh triggers and trade them with strict stop losses, you will get "decent" winners.

25% ka pata nahi - but have observed that stocks giving a confirmed close above the 20 EMA (which is what Anant's system uses) give decent break outs .....

Regards,
Enygma.

actually what i am looking is 25% profit is that possible in this BO
Next question is how to find shares which are ready to BO

 

[rajeshn2007]

Hi SG,

I have got rid of the 5200 CE which I had written a few days back. Loss on this is RS 827 (incl brokerage) However, all my other written calls are in profit and hopefully by expiry I will pocket all the premium.
If you remember, I had written 5300 CE 200 @ 32.7 which is now at 11.6. Do you feel that I should get rid of this as well in case nifty approaches 5300 by expiry ?

Regards
ANMOL

Good strategy Anmol.
There was no runaway rally or a steep crash, so those options went worthless. Is there any reason for picking 7%( I know it was OTM), since markets could have moved more than 7/10 % ?

 

[stockBond]

Savant sir

I have seen your target for Sesagoa

SESAGOA, Trig Date: 7-10-09, Profit= 22.08% (Next Target 440.20 S/L 283.25)

But still it would help if you could post your detailed analysis with chart.

Today it was down (cmp 347.55) may be Q2 results effect.

Sesa Goa Ltd. has informed the Exchange regarding the consolidated Results for the quarter ended on 30-SEP-2009 as follows: Net Sales of Rs. 53411 lacs for quarter ending on 30-SEP-2009 against Rs. 86984 lacs for the quarter ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 16646 lacs for the quarter ending on 30-SEP-2009 against Rs. 33662 lacs for the quarter ending on 30-SEP-2008.

 

[ANMOL]

Hi Rajesh,

Thanks for the encouraging words.
Rajesh, I normally look for a 10% return from the option. Hence the option could be 7% or 10% OTM. Also I tend to keep the delta neutral so that loss on one side is covered by the profit from the other side. I may not be able to cover the loss totally but with time decay, I normally get in profit. Also, as time passes, I adjust my position in such a way that on the adjustment date, my upper breakeven and lower breakeven are shifted in a similar manner as per the movement of NIFTY. Hence probability of reaching the breakeven points is the same as in the original strategy. Adjustment is made by geting rid of the loss making call / put and writing higher / lower call / put. Hope I am clear on the strategy.
In case there is a rally / crash, I have the option to quit. But I have seen that whitout any news (election results, etc) the market does not rally / crash more than 8 - 10% in a month. Hence this strategy.

Reagrds
ANMOL

Good strategy Anmol.
There was no runaway rally or a steep crash, so those options went worthless. Is there any reason for picking 7%( I know it was OTM), since markets could have moved more than 7/10 % ?

 

[praveen taneja]

PT-Bhai,

Have a look at the stocks Anant and SG put out on the Chapter-II thread. If you were to pick out 10-15 stocks from the fresh triggers and trade them with strict stop losses, you will get "decent" winners.

25% ka pata nahi - but have observed that stocks giving a confirmed close above the 20 EMA (which is what Anant's system uses) give decent break outs .....

Regards,
Enygma.

That why I had written I lack patience u know many time taken from that list and bcoz of me other too phas jaate hain:rofl:
so better let others earn I took few stocks from that list and that went in sideways when they saw I am in buyers list
But one thing is dead sure one day i will surely understand this system and earn with 20/50 system:thumb: