Stocks To Keep A Close Eye On

[manjeet78]

one of my uncle who is trading since 30+ yrs was saying yesterday that nifty tgt is 2500, so we are afraid.

Hi Folks,
Normally I Just Glance At The Markets Every 30 Minutes...While I Am Doing Various Other Things...
I Do Not Think That ....Whatever Happened In Our Markets On Friday Had Anything To Do With How U.S. Markets Would Have Closed..
It Was Also Extremely Sad To See Traders Being Jerked Around Like A Puppet.
Because Normally A Day Trader Or Short Term Trader Is Risk Averse & Rightly So....
Looks Like There Is Huge Amount Of Hot/Short Term Money That Has Entered Our Markets....& There Is No One Countering Their Move.... Looks Like Market Will Have Huge Moves On Either Side...
For Day Traders My Advice Is Stay Away Unless You Are Trading Off The Charts On 3 & 5 Min. Time Frame
Anyways, Have Managed To Get Intraday Data For Yesterday.....Will Post Some Charts Later Today Or Tomorrow...
Will Look Into Replies Of Individual Queries A Bit Later
Happy & Safer Trading
SavantGarde

 

[humble]

one of my uncle who is trading since 30+ yrs was saying yesterday that nifty tgt is 2500, so we are afraid.

I am sorry SG sir, using this thread for Nifty anaylsis:

It is tough to imagine this bro... Unless:
1. India's GDP is going to drop to "0" or -ve.
2. There is a War [Trade War/Political/Geographical].
3. A few top notch Indian companies like Tata/Reliance/Birla/Hinduja group of companies going bust.

So chill... dont worry!!! The chances for above or anyother extraordinary situation is unrealistic at this point in time.

Now technically speaking:
1. Nifty has moved from ~2800 to ~5180 with only one significant correction i.e from 4700 to 3900.
2. Dont you think there should be a correction for the entire move from 2800 to 5180?
3. Based on Fibonacci retracements, 23.6 retracement is ~550 points and the nifty levle is 4630. 38.2 retracement is ~4300. Until these levels are not breached the short term trend is up.
4. Look at the Daily/Weekly/Monthly Nifty charts we have broken out of the "Inverted Head and shoulder Pattern". Unless we dont break 3900 we do not negate the pattern.

So let's hope for the best .

Regards,
-Sri

 

[GuluGulu]

Savantji,

All we are worried who bought the 5300/5400 call, seeing friday's result. There are 9 banks fail in the US last friday. (Another Lehman Brothers?) Dow sheds 250 points even after good GDP rise, All world market falling...falling...falling...

Should we hedge the position now? Is there still any chance to get money from the Call bought @12.5 + brokerage.

Yesterday bought BNF and didn't close it - a 200 point fell. Same for PNB too.

Please advice.

Best Regards,

GG

 

[columbus]

Savantji,

All we are worried who bought the 5300/5400 call, seeing friday's result. There are 9 banks fail in the US last friday. (Another Lehman Brothers?) Dow sheds 250 points even after good GDP rise, All world market falling...falling...falling...

Should we hedge the position now? Is there still any chance to get money from the Call bought @12.5 + brokerage.

Yesterday bought BNF and didn't close it - a 200 point fell. Same for PNB too.

Please advice.

Best Regards,

GG

Even European Markets fell quite nastily,Losing not
less than 100 points (FTSE lost 93 points).

 

[aimer]

I am sorry SG sir, using this thread for Nifty anaylsis:

It is tough to imagine this bro... Unless:
1. India's GDP is going to drop to "0" or -ve.
2. There is a War [Trade War/Political/Geographical].
3. A few top notch Indian companies like Tata/Reliance/Birla/Hinduja group of companies going bust.

So chill... dont worry!!! The chances for above or anyother extraordinary situation is unrealistic at this point in time.

Now technically speaking:
1. Nifty has moved from ~2800 to ~5180 with only one significant correction i.e from 4700 to 3900.
2. Dont you think there should be a correction for the entire move from 2800 to 5180?
3. Based on Fibonacci retracements, 23.6 retracement is ~550 points and the nifty levle is 4630. 38.2 retracement is ~4300. Until these levels are not breached the short term trend is up.
4. Look at the Daily/Weekly/Monthly Nifty charts we have broken out of the "Inverted Head and shoulder Pattern". Unless we dont break 3900 we do not negate the pattern.

So let's hope for the best .

Regards,
-Sri

Thanks for the update Humble bhai...
if u dont mind then plz put the chart of the inverted H&S pattern of nifty...but just check where to post the tread , moderators plz see if my post is out of place plz do delete it....as this thread is made for stocks only...
thanks...

 

[santhusmiles]

Hi All,

Can anyone suggest me some nice shares to pick up for a short term investment say one or two months ?

 

[aimer]

Hi All,

Can anyone suggest me some nice shares to pick up for a short term investment say one or two months ?

plz follow the link given blw...it is a very good thread only for short term stocks...pick what ever stocks u want according to ur risk appetite and MM...
all the stocks are given by Savant and Anant Sir....
enjoy...
http://www.traderji.com/equities/29292-stocks-keep-close-eye-chapter-ii-47.html

 

[SavantGarde]

Hi GG,

Here Is First Part Of The Four Parts....Other parts Will Follow After Tuesday & Wednesday's Closing

Writing (Shorting) Following NF PUTS

4700 PE CMP 138.15
4800 PE CMP 191.00
4900 PE CMP 258.40
5000 PE CMP 337.50

How To Do It Is As Follows If NF Falls Further Short Each Of The Above At 40-60 Points Fall On NF As A Result, We Are Looking At A Total Of Approximately 250 Point Fall To Short The Above PUTs.....
Lower The NF Higher The Premiums Will Be Collected By You & Outlay Will Be Margin Of 4 NFs

PNB - You Are Still Sitting On Marginal Profit....Any Jump On Tuesday Exit,
Difficult To Communicate During The Market Hours & Moreover It's Too Late...By The Time Communication Gets Through

BNF - Hold It..For Now But If It Jumps Up Above Your Entry, Then Trail It By Protecting Some Of The Profit...Check The BNF Thread For Intraday Pivots.

Am Still Working On It.... Perhaps May Have One More Additional Strategy To The One Outlined Above

Happy & Safer Trading

SavantGarde

Savantji,

All we are worried who bought the 5300/5400 call, seeing friday's result. There are 9 banks fail in the US last friday. (Another Lehman Brothers?) Dow sheds 250 points even after good GDP rise, All world market falling...falling...falling...

Should we hedge the position now? Is there still any chance to get money from the Call bought @12.5 + brokerage.

Yesterday bought BNF and didn't close it - a 200 point fell. Same for PNB too.

Please advice.

Best Regards,

GG

 

[GuluGulu]

Hi GG,

Here Is First Part Of The Four Parts....Other parts Will Follow After Tuesday & Wednesday's Closing

Writing (Shorting) Following NF PUTS

4700 PE CMP 138.15
4800 PE CMP 191.00
4900 PE CMP 258.40
5000 PE CMP 337.50

How To Do It Is As Follows If NF Falls Further Short Each Of The Above At 40-60 Points Fall On NF As A Result, We Are Looking At A Total Of Approximately 250 Point Fall To Short The Above PUTs.....
Lower The NF Higher The Premiums Will Be Collected By You & Outlay Will Be Margin Of 4 NFs

PNB - You Are Still Sitting On Marginal Profit....Any Jump On Tuesday Exit,
Difficult To Communicate During The Market Hours & Moreover It's Too Late...By The Time Communication Gets Through

BNF - Hold It..For Now But If It Jumps Up Above Your Entry, Then Trail It By Protecting Some Of The Profit...Check The BNF Thread For Intraday Pivots.

Am Still Working On It.... Perhaps May Have One More Additional Strategy To The One Outlined Above

Happy & Safer Trading

SavantGarde

Savantji,

Thank you very much for the help. Anyway, As a novice, I have little questions, if you can reply.

1. Shorting means selling, you mean to say, as I understand. Anyway If I sell PUTs, and then if NF goes much Lower, this PUT price will increase, and if I cover them later at higher price, will not there be a loss? Or, I shall have to buy?

2. For Shorting PUT, I think, I need huge margin money in opposite to buying where only premium price to be given. Am I correct?

3. For 800 lots of 5400CE bought, how much of those PUTs have to be shorted at a time? Do they have to short in order you wrote starting with the first?

4. The last question is, If Nifty does not move up to 250 points, say 100 points only or even move much below 250 points, say 500 points what will happen? When to cover them?

Sir, As I understand, I have made a huge mistake, but done it totally having blind faith on you, is there any possiblity to communicate with you through messanger just for this time, during market hours?

Sincerely Yours,
GG

 

[aimer]

Savant Sir,
A very good evening to u...
Sir even i have one mininifty long at 4837...do i also apply the same strategy put for GG by u?
do i also short PE of NF??? Other then this i am holding 5400& 5300 CE, 30 & 20 LOts respectively....do i need hedging for this also...
Plz. reply to my post also, sir jee...
mera number kub aayega sirjee...