Stocks To Keep A Close Eye On

[SavantGarde]

Hi Biggles,

Will Check The Charts Of The Scrips You Have Mentioned Later In This Evening & Reply Back.

Happy & Safer Investing

SavantGarde

hello savant G,

a small technical explanation is sought (dont know many experts who would care to clarify).

what does the scenario suggest to u when the price is falling and the RSI is rising? is this indicative of further lproce +ve action??

as a reference u could view IOLN chart. while the price and stoc have fallen almost linearly since mid jul, the RSI and PVT have risen handsomely. Volumes, well couldnt notice anything particular.

thanks for taking the trouble, in advance

 

[biggles]

hi folks,

here is food for thought and something to chew on this fine sunday morning. Some independent opinions and fresh views could generate a healthy dscussion.

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Posted by: sd3 on (01-Aug-09 22:23 )

Kalidas Says …. Saturday, August 01, 2009
While recovery has been touted, I do not see real evidence. What you see today is the short term positive figures that will be revised downward later on. The companies are still firing the employees. The profit margin is under severe pressure. The credits are simply not coming.

Yes, the markets are rising very fast, which may give the impression that we are leaving lots of opportunities on the table. Had there been even 20% real time recovery, I would have changed my call from sell to buy, though in specific counters, I always ask the investors to buy such as Hindalco, RNRL, RCOM, Petronet, Hotel Leela, SAIL etc. But to invest heavily into this market, just because a neighbor next door makes more money than you do, is not called investment, but a monkey business.

The Indian market is rising better than western market, and I was proved right that India may not suffer as much as Western market does. First, political rally was there, and now Monkey rally is there (it goes up because world markets are going up). Many of the Indian corporate are showing inflated profits and they are deliberately concealing derivative losses in the name of forex losses. Look at Reliance Industry Ltd. The large losses at RPL was absorbed in its books by merging their operation with RIL. How come RIL had smaller margin and Essar oil and ONGC higher? It does not make any sense. The analysts are just believing what they are told.

Look at the political events. Why China and US are meeting frequently at the highest level? Why the person of the status of Vice Premier goes to USA and meet the Treasury officials? The reason is that China appears to have issued advance notice that it will not buy treasuries and instead will lighten up.

Please note that Dow is rising against the backdrop of dollar falling, that means that the rally is domestic driven with trillions of dollars being pumped in is used to jack up the stocks. When the people do not have jobs, no money to pay for insurance nor health care, not even for food, where they will find money from to invest into stocks. That means that only large banks who are recipient of trillions of dollars from FED are being asked to invest into stocks near the fag end of the market so that it does not fall.

This is a con game. It does not last long. And why Gold is not falling when the market rose by 8% in a month? There is something which we do not know.

I am therefore stock specific. I am selling my portfolio steadily and will certainly lighten up by last week of August. When the fund managers return in September and if some treasury auction fails, you may see violent reaction. In fact, I expect street violence in entire USA in next 3 to 6 months or so.

Look at TATA, He does not find increased in sales nor he finds money to settle his debt. He is not able to sell his prized acquisition – Corus Steel which is a big stone around his neck. He is sinking.

I suggest you do not read too much into market and invest into specific stocks. And let me tell you, if there is real recovery in the US market, the flow of money will be redirected to USA from all emerging markets. So when the US markets rise in real economic terms, the Indian markets will fall. And the people will be surprised. Mark this post for your future reference
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Posted by: googol on (02-Aug-09 09:40 )

This message is for those who find the message from Mr.Kalidas bitter and unpalatable.

Mr.Kalidas used to post messages here in MMB regularly until a year back,when he started his own blog and shifted.
He is an extremely successful and knowledgeable senior Financial Professional who could predict the great crash of Jan`08 two months earlier(Nov`07) thro sound reasons and logic and not thro` charts which a few used to do right from Jan`06!Ironically then also,he was considered as a villain by many from Nov`07 and became a super star by Feb`08
His views can not be just brushed aside as can be done with some `Dooms Sayers` here!
Good Luck

 

[raj_hpking]

Thanks Raj

Very Nice work. Could You include the current closing price and percentage increase from the buy price

Thanks & Regards
Ken

Thanks Raj for your efforts. This is nice work and will benefit members. One suggestion if you arrange the scrips alphabetically it will be easier to find any particular scrip. Other members may comment on this.Thanks again.

Hi,

Raj,

No problem with the modified sheet, but as you are keen on presentation, let me suggest a minor add on, can you FIX the title bar in the sheet, so it will be easier to roll down/up rest of the sheet.

Regards,

CNB

-------------------------------------
Thanks a million kenneth, prabit, cnbondre for your kind words.

Hello Kenneth, I can not add daily closing price and percentage increase as if we add closing price and percentage then we have to update it every day irrespective of whether script is present for that day in trigger given by Savant Sir and Anant. I think we will update information only if for respective script we get a call by Savant Sir or Anant.

This is my suggestion. You can change the file as per your views.

I hope u understand. Sorry for bad and confusing english.


Hello prabit and cnbondre
Please find the changes according to your suggestions.
I have sorted the scripts and fixed the title bar.

And added one more column(Not column exactly) where i have commented important information given by Savant Sir. (I don't know how to add the scoll bar to comment, for reading u have to edit the comment.)

Please feel free to make the suggestions.

 

[ravitrader]

Hello friends,

This is my first question in this forum and also in traderji. I have learnt fundamentals and some technical analysis thro traderji forums... Thanks to all helped here to learn the basics.. now i m confident. so started investing...

tell your views on

godrej industries, GMR infra and chambal fertilizers.

i bought godrej at 139, GMR @ 140 and chambal @ 58.

 

[bansalvaibhav]

hello savant sir,
I have bought airtel 80@426 and the last closing price on friday 31st july was 410.10.
What you think about this stock should i stick with it or i move further with a loss.
I set a target of 450 what do you think will it hit this target soon or not.
Hope to get your valuable reply very soon.

 

[SavantGarde]

Vaibhav,

Have Some Patience, You Should Be Able To See Your Target Price Soon.

Happy & Safer Investing

SavantGarde

hello savant sir,
I have bought airtel 80@426 and the last closing price on friday 31st july was 410.10.
What you think about this stock should i stick with it or i move further with a loss.
I set a target of 450 what do you think will it hit this target soon or not.
Hope to get your valuable reply very soon.

 

[lazytrader]

Hi Raj,
As Murtaza bhai and Savantji said, it all depends on the broker.
I have an account with SBI, and in their demo guide this is what provided,

Trade book shows the executed orders.
Buy trades are shown in blue background and sell trades are shown in red background.
Intraday trades can be converted to delivery trade and vice versa.
To convert the trades, click on the exchange trade number, a trade modification window will pop up at the bottom of the screen, in which you can change the trade product type.
With SBI, you have to mention while placing the order whether it is delivery or intraday, and may able top modify it as said above.

Thanks,
Sameer.

With SBI if you buy shares for delivery and then place a SL and it gets triggered on the same day then they automatically convert it to intraday and charge you lower brokerage. That is one good thing. But this I check long time ago before there was a limit on which stocks can be traded intraday and which not.

I think as per the circular the broker needs to keep a updated list in the back office for investor. My broker has it.

That said don't jump into SBI because connectivity is so bad I have no words to express.

 

[cinelsoy]

I got IVRCL 200 @ 340, RCOM 250 @ 286, INDIA BULLS FIN 100 @ 205..........Any chance to exit in near future......?

 

[raj_hpking]

With SBI if you buy shares for delivery and then place a SL and it gets triggered on the same day then they automatically convert it to intraday and charge you lower brokerage. That is one good thing. But this I check long time ago before there was a limit on which stocks can be traded intraday and which not.

I think as per the circular the broker needs to keep a updated list in the back office for investor. My broker has it.

That said don't jump into SBI because connectivity is so bad I have no words to express.

Thanks a million lazytrader for your useful information.

 

[bansalvaibhav]

thanks a ton savant sir,
Well 450 was my own target for airtel. Can you tell me the your expected target for airtel in coming few days...

Thanks & Regards
Vaibhav