|
| Discuss Trading Picks and Strategy at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; CANARA BANK has finally broken out of Triangle . I think we can now use the ... |
|
|||||||
| Register | Blogs | FAQ | Chat Room | Search | Today's Posts | Mark Forums Read |
| Equities Discuss & analyse stock market news, views, trends and your favourite stocks here. |
|
Welcome to the Traderji.com - Discussion forum for Stocks Commodities & Forex. You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today! If you have any problems with the registration process or your account login, please read the FAQ. |
 |
|
|
Thread Tools |
| Sponsored Links |
|
#1
4th January 2007, 12:45 AM
|
|||
|
|||
Canara Bank Broken Out Of Triangle
CANARA BANK has finally broken out of Triangle . I think we can now use the trading strategy as mentioned below for the few days . Anyways one may now take a LONG/CALL position in the stock with the following parameters.
Entry Level ->> 280-285 TARGET PRICES ->> 310-315 stoplosses ->> 265-270 Holding Period ->>10- 15 trading sessions. View of the chart: http://www.traderji.com/attachment.p...1&d=1167851565 Last edited by sujarouf : 5th January 2007 at 01:03 AM. 
|
|
#2
4th January 2007, 01:09 AM
|
|||
|
|||
|
Call And Put Options For Ril
Another trading strategy based on combinations of CALL AND PUT OPTIONS . As we see below RIL has consolidated into a nice triangle formation and is now expected to breakout in either direction.
View of the chart http://www.traderji.com/attachment.p...1&d=1167852870 As one can see the attached charts there exists a possible SWING of around 100 RS in either direction of breakout. So one may use the strategy of buying CALL and PUT options to make good of movements in either direction. STRATEGY IN DETAIL BUY CALL OPTION at STRIKE PRICE ->> 1290 ==>> 34 Rs (Last traded price)* 300 = 10,200 Rs. BUY PUT OPTION at STRIKE PRICES ->> 1260 =>> 16 Rs(Last trader prices ) * 300 = 4800 Rs. TOTAL COST ->> 15000 Rs. SCENERIO 1-RIL BREAKSOUT ON UPSIDE RIL BREAKOUTS ON UPSIDE ->> TRIGGER LEVELS = 1300(STOCK REACHING THIS LEVEL SIGNALS UPSIDE BREAKOUT) POSSIBLE TARGET =>> 1390-1395 CALL OPTION (STRIKE PRICE 1290) WILL BE VALUED AT 100 Rs. Total GAIN = 100*300 = 30,000 - 15,000(COSTS) = 15 K. SCENERIO 2-RIL BREAKSOUT ON DOWNSIDE. RIL DOWNSIDE BREAKOUT ->> 1270 (SIGNALLING DOWNSIDE BREAKOUT) POSSIBLE DOWNSIDE TARGET =>> 1160-1170 PUT OPTION (STRIKE PRICE 1260) WILL BE VALUED AT 100 Rs. Total GAIN = 100*300 = 30,000 - 15,000(COSTS) = 15 K. SCENERIO 3-RIL DOES IT MOVE (MOST UNLIKELY , 5 % PROABILITY) Then we will loose the time value of money of the options thus we may loose a possible 20 Rs in the option costs.Total loss would be 6000. So we may use this strategy to safely play the RIL STOCK ! Regards Suja Last edited by sujarouf : 5th January 2007 at 01:02 AM.
|
|
#3
4th January 2007, 01:16 AM
|
|||
|
|||
|
Tcs Breakout
TCS also seems to be moving up after a breakout from the channel formation.
View of the TCS Channel Chart http://www.traderji.com/attachment.p...1&d=1167853402 LONG POSITIONS IN TCS may be opened with the following parameters . Entry Prices ->> 1250-1275 Target Prices ->> 1350-1360 Stoplosses ->> 1235-1240 Holding Period ->> 6-12 trading sessions. Regards Suja Last edited by sujarouf : 5th January 2007 at 01:01 AM.
|
|
#4
4th January 2007, 06:32 AM
|
|||
|
|||
KEI Industries & Graphite India
Does anyone track these two stocks? Both of them recently split from FV10Rs to FV 2Rs.Even after the dilution these two looks extremely good with P/E ratio of less than 2.
Could anyone let me know your views and results expectations? Best Regards, Abhi
|
|
#5
4th January 2007, 09:56 AM
|
|||
|
|||
|
Re: KEI Industries & Graphite India
Quote:
Suja
|
|
#6
5th January 2007, 12:53 AM
|
|||
|
|||
|
Rel Triangle
Hi
I beleive that the market is critically poised now a days as I see several triangle formations in the NIFTY stock charts. This signifies that most stocks have finished their state of consolidation and are now ready to make moves. ONE such stock is REL . View of the REL TRIANGLE Chart http://www.traderji.com/attachment.p...1&d=1167938475 DOWNSIDE TRIGGER ->> 515 LEVELS ON CLOSING BASIS. UPSIDE BREAKOUT TRIGGER ->> 545 LEVELS ON CLOSING BASIS. WAIT FOR BREAKOUT and trade in the direction of breakout Suja
|
|
#7
11th January 2007, 12:04 AM
|
|||
|
|||
|
Rel Triangle Breakout
As seen in the chart there is downside breakout in REL (REL TRAINGLE) .
CHART OF THE DOWNSIDE BREAKOUT OF REL TRIANGLE http://www.traderji.com/attachment.p...1&d=1168453835 With this breakout we can take positions as follows. SHORT SELL REL ENTRYPRICES =>> 515-525 Target Prices =>> 475-480 Stoplosses ->> 532 Regards Suja
|
|
#8
11th January 2007, 12:18 AM
|
|||
|
|||
|
Tcs At Support
An update to my recommendation on TCS breakout.
VIEW OF THE CHART TCS AT SUPPORT http://www.traderji.com/attachment.p...1&d=1168454246 After todays fall it closed to its stoplosses as mentioned in my previous postings. So one needs to see if the market falls further or not .(NIFTY has broken below its support levels at 3930-3940 and has closed at 3850 today). So I think TCS will voilate its stoplosses mentioned in my post and may go further down. Regards Suja Last edited by sujarouf : 11th January 2007 at 12:25 AM.
|
|
#9
11th January 2007, 12:40 AM
|
|||
|
|||
|
Re: Trading Picks and Strategy
I have got some news about Shilp Gravue BSE Code 513709 which is up for takeover @ 120.00. The CMP is 58.35 and the company has Equity of Rs 6 crores, PAT Rs 6 crores Dividend payout was 18%. If this news is correct then it is recommended to buy this scrip at this level for a target of Rs 120.00 which will happen in very short term.
We should take the advice of Mr. Ahmed regarding the fundamentals of this company before investing. I have no position in this scrip and will wait for Mr. Ahmed to give his view before I invest. Thanks and regards Suja Last edited by sujarouf : 11th January 2007 at 01:03 AM.
|
|
#10
14th January 2007, 01:52 AM
|
|||
|
|||
|
Re: Trading Picks and Strategy
Quote:
Hi suja, Script was good to buy at 45-50 range. now its cmp is 63. I have checked the fundamental. fundamental is OK. but my suggestion is always Do not enter into the script which is already spurt a lot?. I will not enter into the script now instead wait for the current quater result and pullback into my buying range. Ahmed Please wait for some pull back before buying as the scrip has come down after touching 71 to 63 and may go down further. Regards Suja
|
| Sponsored Links |
|
|
|
| Thread Tools | |
|
|
Similar Threads for: Trading Picks and Strategy
|
||||
| Thread | Thread Starter | Forum | Replies | Last Post |
| My trading strategy | ksganesh100 | Technical Analysis | 4 | 18th July 2006 08:20 AM |
| Swing Trading Strategy | Crimsonarcher | Technical Analysis | 5 | 12th July 2006 12:43 AM |
| Day trading strategy | tanewbie | Trading on Technicals | 0 | 17th February 2006 12:14 AM |
| scalping trading strategy | susheel04 | Risk & Money Management | 0 | 18th December 2005 08:52 AM |
| Swing trading Strategy | sh50 | Trading on Technicals | 5 | 5th January 2005 07:13 AM |
Indemnity, Disclaimer & Disclosure
Notice:
• By visiting Traderji.com you indicate your acceptance of our Forum
Rules Disclaimer & Disclosure and indemnify Traderji.com, its
associates and related parties of all claims howsoever resulting from
the usage of the forum.
• Disclaimer: Trading or investing in stocks & commodities
is a high risk activity. Any action you choose to take in the markets
is totally your own responsibility. Traderji.com will not be liable for
any, direct or indirect, consequential or incidental damages or loss
arising out of the use of this information.
• Disclosure: The information in this forum is neither an offer
to sell nor solicitation to buy any of the securities mentioned herein.
The writers may or may not be trading in the securities mentioned.
• All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy of information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. If you find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
