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Stocks To Keep A Close Eye On

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  #781  
Old 18th May 2008, 09:29 PM
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Default Re: Stocks To Keep A Close Eye On

Thanks savant fr ur kind suggestion

Last edited by anjubhatia; 18th May 2008 at 09:51 PM. Reason: spell mistake
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  #782  
Old 18th May 2008, 09:49 PM
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Default Re: Stocks To Keep A Close Eye On

Hello SavantGarde,

Your words encourage me a lot .In my intial days of trading I used to do lot of Day-Trading..but lost many times.After which I started reading TA and one of my old friend Jai Sherwarni who happens to be from our same forum had suggested me to pratice TA along with reading.So I started few months back.Have a long way to go ..With guidance from You and all our seniors we new people could perform in the long run..This forum is a real GEM...

Thanks for your fresh Spirit ,You supply each day ,Thanks for guidance ,Along the way.

Raju
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  #783  
Old 19th May 2008, 05:33 PM
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Default Re: Stocks To Keep A Close Eye On

Hi Savant,

What is the target u r looking on IVRCL, on my charts it is displaying support at 434 area, is it the best place to keep SL tomorrow ? please let me know. I have futures position.

Thanks,
Nagendra
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  #784  
Old 19th May 2008, 09:35 PM
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Default Re: Stocks To Keep A Close Eye On

Hi Nagendra,

Should Be Able To See 448-452 Tomorrow

Your Support Level Is Ok....If You Keep S/L Then Don't Keep Round Figure As S/L


Happy & Safe Trading

SavantGarde

Quote:
Originally Posted by nagendra_gb View Post
Hi Savant,

What is the target u r looking on IVRCL, on my charts it is displaying support at 434 area, is it the best place to keep SL tomorrow ? please let me know. I have futures position.

Thanks,
Nagendra
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  #785  
Old 19th May 2008, 10:44 PM
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Default Re: Stocks To Keep A Close Eye On

Quote:
Originally Posted by SavantGarde View Post
Hi Nagendra,

Should Be Able To See 448-452 Tomorrow

Your Support Level Is Ok....If You Keep S/L Then Don't Keep Round Figure As S/L


Happy & Safe Trading

SavantGarde
Hello Savant,

should we avoid Round figure as SL in all teh cases or this is a statement specific to thsi case. Also any special reason aprtfrom toomay people doing teh same? just curious. thanks as ususal for your help.

kind regards,
Shrineha
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  #786  
Old 19th May 2008, 10:48 PM
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Default Re: Stocks To Keep A Close Eye On

Hi Savant,

Since U.S. Market seems to be high, i guess i will miss your calls on
Educomp, Suzlon and Zeel.

But in case RPL goes up, then can i short it ?

Or can i get a chance to buy any of the three mentioned above,
if they come down a bit, as you guided ?

Kindly guide me for these stocks, or i will wait for your new calls,
during the market hours tomorrow.

Awaiting your response,

Thanks & Regards,
Optionstrader
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  #787  
Old 20th May 2008, 12:15 AM
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Default Re: Stocks To Keep A Close Eye On

Hi Optionstrader,

EDUCOMP May Still Be OK, But If You Want Something For Intraday Then I Will Post Something Before Noon Tomorrow...Just Check The Posts Here.

As Far As Shorting Is Concerned Don't Short RPL, RCOM Has Moved A Lot In The Last Two Trading Sessions, It Especially Had Gap Up On Friday... Let's See If Tomorrow It Goes Up....Then I Will Probably Short It Tomorrow or Sometime On Tuesday.

Hi Shrineha,

How Many Times Have We Heard Traders Complain That Soon After Their S/L Got Triggered Stock Moved Higher....
Normally, I Hold More Than One Lot Of Any Stock Future That I Have Position In..& If I Have Sold Some While Holding Some Back...& I Want To Buy Back What I Have Sold...Then What I Do, Is From My Existing Holding I Keep Some At A Lower S/L Than The Ones That I Want To Buy Back Which I Had Sold Earlier....And Keep A Watchful Eye On The Movement....The Moment It Is Closing Towards My S/L Trigger...I Buy Back All Or Some Of What I Had Sold.
To Illustrate An Example:
Let's Say I Have 2 Lots Of IVRCL Future @ 438.00
I Have Sold One Say @ 448 & I Want To Buy It Back Say @ 442
So I Keep 1 Lot With A S/L Of 439 & The Moment I See The Price Come Down To 442 Or Thereabuts...I Buy It At Market Price & Delete My S/L Trade Of 439

Round Figures Are Much Easier For S/L To Trigger & Lot Of Very Big Wigs Have Software Where They Can See The S/L... I Do Not Know What The Software Is Apart From Being Just Aware Of Its Existence.


Happy & Safe Tarding

SavantGarde
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  #788  
Old 20th May 2008, 12:07 PM
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Default Re: Stocks To Keep A Close Eye On

Hi Savant,

Thanks for you reply.

Savant, i do not trade intraday, as its very risky.

Kindly guide for the calls like BTST and the ones that i can hold
2-3days only or maximum for a week.

Kindly also guide, that when i purchase the stocks on delivery,
on my own cash, then also should i keep stop loss ?

Can i still purchase, educomp, suzlon or zeel at cmp ?

Awaiting your response,

Thanks & Regards,
Optionstrder
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  #789  
Old 20th May 2008, 12:43 PM
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Default Re: Stocks To Keep A Close Eye On

Thanks Savant for your reply and insight on your trading method.
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  #790  
Old 20th May 2008, 12:49 PM
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Default Re: Stocks To Keep A Close Eye On

Hi Optionstrader,

I Would Suggest Wait Out Today & Let's See Tomorrow For Any Entries or Today Towards The Second Half


Happy & Safe Tading

SavantGarde
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