Stocks To Keep A Close Eye On

[SavantGarde]

Re: Stocks To Keep A Close Eye On 23rd Jun 2008

Stocks To Keep A Close Eye On For 23rd Jun 2008

NEW BUY / SELL TRIGGERS & FOLLOW-UP

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NAME		 CMP	SIGNAL	S/L-1	 S/L-2
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[B]ADANIENT	 779.40	[COLOR="Green"]BUY[/COLOR]	 790.05	 759.65[/B]

[B]ORCHIDCHEM	 231.35	[COLOR="Red"]SELL[/COLOR]	 248.20	 241.10[/B]

[B]PRAJIND		 183.60	[COLOR="green"]BUY[/COLOR]	 190.60	 186.80[/B]


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Triggered [COLOR="green"]BUY[/COLOR] On 16/06/2008 @ 109.60
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[B]NIITLTD		 109.60	[COLOR="green"]B.HOLD[/COLOR]	 108.90	 107.10[/B]

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There Maybe Some New Triggers Will Try & Post Those Before The Market


Happy & Safe Trading


SavantGarde

 

[lalpar]

Hi Savant,

In a Bear Market lows are lower than previos lows.
With Inflation,Crude Oil,Political uncertainity hovering arounfd market dont you think it is time to wait and watch for atleast 2 to 3 months rather than stay invested big time in market!!

 

[SavantGarde]

Hi Rajat,

Can't Really Recommend S/L For What You Have Bought Today, Considering That Market May Have A Maximum Of 900 Point Of Pain Left.
The Best You Can Do Is Sell & Buy It Lower Again Instead Of Keeping A S/L. That Way You Will Reduce Some Impact Cost From Your Entry Price.

Now Coming To Options.
Nothing Is Risky If Traded Intelligently. Initially Don't Get Into CALL or PUT Writing Which Basically Means Short Selling.
To Gain Some Confidence Try And Do 'At The Money' & Exit With Smaller Profits & If It Moves Against You Keep A Tighter S/L or Play Both CALL & PUT Together 'At The Money' For The Same Strike Price, This Way One Will Move Against You & One Favour The One That Moves In Favour Book Your Profit & Wait For The Other To Start Moving In Your Favour.
This Strategy Is Valid Only In The Current Scenario.
If The Market Does Move Down to 13680-14000 Then My Suggestion Would Be To Only Play The CALLs.
Considering Today Is Already 20th Of The Month, Try & Play The July Series.

Happy & Safe Trading

SavantGarde

Hi Savant,

Thank you so much for your prompt reply as usual.

Kindly also guide, shall i keep any stop loss for these stocks,
or shall i buy them for 1-2 months time frame ?

Savant, a friend of mine trades in Nifty Options only,
is trading in options risky ? In case if any one trades these Nifty Options, how can we calculate the stop loss for them ?

Awaiting your response,

Thanks & Regards,
RajatGupta

 

[ramsvenku]

Hi Savant,
Hope you are fine, writing you after long gap, as you suggested, the DLF and Mecator lines have dipped and is this right time to take a call on those scrips?? or want me to weight for some more days??
And also just review below scrips that have bought recently and share your thoughts on the same.
1. Chambal Fertilizer 50 shares @ 94.48
2. FORTIS Health 500 shares FORTIS HEALTHCARE
3. RANBAXY 50 shares @ 569.72
4. Hindalco 50 shares @ 173
5. Wipro 25 shares @ 485
6. Satyam 50 shares @ 465
7. Tamilnadu petro products 300 shares @ 18.50
Unfortunately none of the above scrips are not doing well so far... and am going with great loss..... and my bad time continuous from last two months
I desperately looking forward your confidence/advise to hold these scrips or sell ????
Eager to know from your reply.
Thanks and regards,
Rams

Mr.Savant,
Thank you very much for your kind inputs. Honestly, your reply boosted me to stay in bull market, definitely will pick MTNL in day or two (Waiting for some more dips if so!!!) and further to your suggestion on Polaris, will take your advise at the time, once i sense a profit out of it (currently facing a big loss) and also i respect your advise on banking scrip as well....

Coming to DLF & Mercator scrips am watching these scrips to dip to pick...

Once again thanks for your valuable inputs... looking forward some more value picks from your end.
Regds,
Rams

 

[SavantGarde]

Hi Lalpar,

It Is True What You Say, But Some Stocks Are Trading Very Deep Discounted As If The Index Was @ 10000, Therefore With A View Of 6-12 Month Investor, There Is No Harm In Exposing Themselves To Such Scrips & Investing 30% At This Point Of Time.
It Is Also True That We Are In A Violent Phase Of This & Therefore, End Should Not Be Very Far Away.

Any Bear or Bull Phase Ends Just As Violently As We Have Witnessed.

Regards

SavantGarde

Hi Savant,

In a Bear Market lows are lower than previos lows.
With Inflation,Crude Oil,Political uncertainity hovering arounfd market dont you think it is time to wait and watch for atleast 2 to 3 months rather than stay invested big time in market!!

 

[SavantGarde]

Hi Rams,

Most Of What You Have Mentioned Except You Have Not Mentioned Any Entry Price For FORTIS

CHAMBAL Was Overbought @ The Price Where You Entered, Anyways Would Advise To Average 50 Shares @ 75-78

RANBAXY Was Moving Only On News You May Have To Wait A While Maybe You Might Be Able To Tender Some Successfully @ 737

Rest Of Them You Don't Have A Problem, Just Hold Till August - September, You Should Get Very Decent Profit On Them.

MTNL & Mercator Is Still Buy On Dips, Infact You Can Enter MTNL On Monday & Mercator Will Review Again After The Market On Monday.
Another One You Can Look Into Is IFCI For Short Term Profit, Have Mentioned Entry & Exit To Somebody You Will Find It A Few Post Earlier.

Happy & Safe Investing

SavantGarde

Hi Savant,
Hope you are fine, writing you after long gap, as you suggested, the DLF and Mecator lines have dipped and is this right time to take a call on those scrips?? or want me to weight for some more days??
And also just review below scrips that have bought recently and share your thoughts on the same.
1. Chambal Fertilizer 50 shares @ 94.48
2. FORTIS Health 500 shares FORTIS HEALTHCARE
3. RANBAXY 50 shares @ 569.72
4. Hindalco 50 shares @ 173
5. Wipro 25 shares @ 485
6. Satyam 50 shares @ 465
7. Tamilnadu petro products 300 shares @ 18.50
Unfortunately none of the above scrips are not doing well so far... and am going with great loss..... and my bad time continuous from last two months
I desperately looking forward your confidence/advise to hold these scrips or sell ????
Eager to know from your reply.
Thanks and regards,
Rams

 

[SavantGarde]

Hi Rajat,

If You Do Want To Trade Options

Here Is A Couple Of Suggestions

1) BUY NIFY JULY CALL STRIKE 4500 On Monday If The Market Goes Down

2) BUY IFCI JULY CALL STRIKE 58 If IFCI Goes Down On Monday

Happy & Safe Trading

SavantGarde

 

[sanyad74]

what is Nifty July call? You mean its a derivative/ warrant?
or r u talking about NIftybees?
Please elaborate thanks
rgds

 

[sanyad74]

Hi Savant,

3. RANBAXY 50 shares @ 569.72

Ranbaxy did not trade above level today? R U sure u bought today?

 

[SavantGarde]

Sanyad,

They Are All Derivatives

Happy & Safe Trading

SavantGarde