Ashwani Gujaral giving tips at wrong time.

alokdaga · #11 1st April 2006, 03:16 PM

Quote:

Originally Posted by swingtrader

Pravin,

Can you give few more examples which led you to the conclusion that you are getting a raw deal from Ashwini Gujral? The example you gave doesn't support this argument. According to my analysis PBA INFRA is in a good position until it breaks below the support level around 150, if the market stays supportive it could actually breakout to new highs after this slight pullback. After you bought it at 177 it has only had a small pullback. I am not sure how this particular example indicates that all of Ashwini's tips are bad.

This is just my opinion. I am not endorsing Ashwini Gujral's tips, I have no idea about the sort of tips he gives. I firmly believe that nobody can predict anything in the market, not Ashwini Gujral nor any other person giving you tips. Trading is all about probabilities, you take a sensible strategy (even a moving averages crossover strategy will do) and take all trades it gives. You win some & lose some and if your stop loss mgmt & position sizing is good you wll come out ahead. Since you have no idea if he is using single or multiple strategies for the tips, all you can do is make sure your position sizing & stop loss mgmt are good. You might want to relook at your position sizing strategy, smaller size would have allowed you to withstand the small pullback in PBA INFRA and you would probably have not felt like this.

When you got the PBA INFRA tip, you should have seen that the nearest support around 150. So if you select 149 as the stop your risk would have been 177 - 149 = Rs. 28 multiplied by number of shares you bought. If you would have gone thru' this computation you would have known if you were capable of withstanding this loss. If you were not prepared to accept this loss when you initiated the trade then you had no business to be in the trade. When trading, before you enter the trade, be ready to accept the risk. If you had not thought all this and just blindly too the tip then I cannot say anything more.

These forums here have wealth of information buried inside, search and learn some more on how to manage risk and that will train you to not even be in such a position as you are in right now.

I hope you don't get angry and blast me, the above is just my humble opinion. I can understand your hurt but when trading on tips you still need to do lot of homework from your side.

--SwingTrader

Great Post - Swing Trader !!

anshul_161 · #12 1st April 2006, 09:28 PM

ashwin is a swing trader he doesn;t belive in just intra day tip or 1-3 days call. he belives in swing trading which gives results on 20 days. so time frame is also important here before blaming ashwin gujral

manisha · #13 1st April 2006, 11:25 PM

I agree with pravin because i had experienced same with ashwin gujaral tips, now take example of Educomp solution he had suggested buy at 445 but from last one month price of that share come down to 380, so what do you think about 20 days time frame for swing trader ?

dantool · #14 2nd April 2006, 07:26 AM

same thing happened with my cousin in educomp.he was holding it from 390 levels it shot up to almost 465 in no time and retracted from there.then after that on 445 came ashwini gujral's call(i don't recall the target.guess it was 520-540) anyways poor lad instead of booking any profits decided to hang on and rest is history cos the stock retracted back to his buy point(though it has not hit the stoploss mentioned which was around 380).guess gujral has already sold his share of educomp to the poor fellas following his tips

mdv10002000 · #15 2nd April 2006, 11:09 AM

becareful before buying any stock recomond by analyst on news channel with special intention mostlikly there is a trap so checked chart whether stock is at top or near at bottom then take decison otherwise you will loose your money

mdv10002000 · #16 2nd April 2006, 11:16 AM

read this news
SEBI has directed Mr Mathew Easow, Chairman of Mathew Easow Research Securities Ltd, to "cease and desist" from recommending any investment in public media which amounts to violation of a key regulation embodied in SEBI (Prohibition of Fraudulent and Unfair Trade Practices Relating to Securities Market) Regulations, 2003.

SEBI had as part of an ongoing initiative examined recommendations given by the analyst. These, when compared with the trading pattern of his associate companies (Mathew Easow Research Securities Ltd and Mathew Easow Fiscal Services Ltd) clearly indicated that he "took an opposite trading position" in a few stocks.

The stocks are: Kalpana Industries, CESC, Ahlcon Parenterals and Albert David. Mr Easow started selling after giving an opposite advice to the market. "This indicates an obvious attempt to mislead the investors through investment recommendations, in a striking posture of ambivalence coupled with interest", the order has mentioned.

With CESC, for instance, recommendations were made in mid September (giving the target price of around Rs 300 in three months). The stock rose to Rs 241.20 on the date of recommendation (September 14) as compared to the previous close price of Rs 239.05.

He sold 3,300 shares on the day of his recommendation. "Interestingly, he was also carrying short position of 4400 shares in futures and options segment prior to his recommendations which, he covered on September 28, 2005, at a lower price," SEBI has mentioned.

vinayakvb · #17 4th April 2006, 06:59 PM

Quote:

Originally Posted by sureshk

Hi Pravin and Manisha ,

I am following delivery newsletter of ashwin gujral.But my expirience is different.Ashwin has given followng target for short term for above two stocks.

PBA INFRASTRUCTURE : BUY ABOVE 179 ........TARGET 290.

EDU COMP : BUY ABOVE 432....... TARGET 540.

My expirience about ashwin is that he is great technical analyst and his recommended shares achieves target. I have positions in both shares, but i have patience and trust on ashwins reommendations and his tech analysis.

So don't get confused ....you will get good returns ...

Good luck.

sureshk

My expirience is similiar to you sureshk.All the delivery calls given by ashwin achieve the targets.

Right now I am holding PBA Infra and piramid retail.
For piramid retail his target is 330 for short term.

Thanks.

ameet777 · #18 4th April 2006, 07:18 PM

hi people
i'm new to this forum.can anyone tell me that how can i get recommendations from ashwani gujaral?what's the weblink to get the tips?

Vins · #19 5th April 2006, 03:37 PM

pravin & kush both are right. well i have also observed the same. take mahindra gesco for example before ashwani gujral reported a recomendation it had moved strongly 11% on previous day.

swingtrader · #20 5th April 2006, 05:40 PM

Does anyone have Ashwini Gujral's stock picking statistics? (at least the past 40-50 trades) By statistics I mean winning percentage, average winning trade (in Rs), average losing trade, max drawdown etc? If such statistics are available (and assuming Ashwini is giving his picks based on a single strategy) we can come to somewhat reliable conclusions about whether he really gives reliable picks or not (assuming the statistics are authentic).

Just talking about one or two trades doesn't mean much. Given the sort of current parabolic move up in the market, anyone can give you picks that profit. The real test is to see if the person is giving tips that CONSISTENTLY make money (over many trades) in varying conditions in the market.

Wherever you get tips from, if the person is running a business giving tips then ask him for such statistics. If he does not have the statistics then he is either not a good trader (every good successful trader I know maintains detailed trading stats) or his stats are so bad that he does not want you to see them.

If you want to trade on tips you at least have to try and find out such things because it is your money on the line, not the person's who is giving you tips. In the end it is you who are responsible for your trading, no one else. There is no point blaming anyone after the fact.

--SwingTrader

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