Stocks To Keep A Close Eye On

[bijoy2526]

SAIL is not falling due to mining issues in karnataka..its profitibity declining..in a regular fashion since last 3 to 4 years..its proposed modernistaion is facing hurdles and already delayed.SAIL is no longer largest steel producer in india..i see near term levels for SAIL..106

 

[bikashkumar11]

Seniors
what time dlf results today

 

[SavantGarde]

Hi CT,

Since EOD data isn't updated since June.... let me outline a few things....

a) For a longer positional trade use the 9/100 SMA crossover for entry and exit.....overlay BB 9,2 ....with BB in place one can exit part quantity when the price touches the upper BB and similarly re-entry of the exited quantity on some retracement...

b) Trailing S/L on T+1 keep a 50 DMA (Day Moving Average) as S/L thereafter on T+2 keep a 49 DMA, T+3 48 DMA......so on & so forth going upto when you reach T+41 where your 10 DMA shall remain constant till it is taken out.

c) If one actively trades the scrip then one can always trade part quantity on swings.

Slightly bleary eyed at the moment...can't think of anything else...

SG

Hi SG

Need advice on the following scrip.

Hexaware

I have following positions in it.

Bought 5x @ Rs 74
Bought 2x @ Rs 79
Bought 2x @ Rs 83.5
Bought 2x @ Rs 91

x is some number.

PROBLEM
I am not able to decide a Trailing stop loss/Exiting strategy for it. The stock is in very strong uptrend so i am skeptical about keeping a small trailing stop loss. whereas the position has grown so much that emotions are now getting involved.

Wanted to know what a discretionary trader has to say on this. How would you have handled such situation.

Also Help from other senior members who are specialist TA traders like SmarT_Trade,Pride,AW10,linkon etc will be highly appreciated. How do you handle this kind of situation. How are you guys reading the daily chart of Hexaware.

Its first time in my life that i am not able to sleep due to a winner

CT

 

[msa5678]

Hi CT,

Since EOD data isn't updated since June.... let me outline a few things....

a) For a longer positional trade use the 9/100 SMA crossover for entry and exit.....overlay BB 9,2 ....with BB in place one can exit part quantity when the .......................SG

Hi SG,

Nice strategy you have put in just a few lines. I would like to try them out on some scrips. Please can you name a few good scrips which can be relied upon. I assume the time frame as Daily, Please correct me if I am wrong.

Regards

 

[SavantGarde]

Hi MSA,

Strategies are not new....they have been outlined several times before.

Yes .... TF is Daily

SG

Hi SG,

Nice strategy you have put in just a few lines. I would like to try them out on some scrips. Please can you name a few good scrips which can be relied upon. I assume the time frame as Daily, Please correct me if I am wrong.

Regards

 

[tradetogain]

SAIL is not falling due to mining issues in karnataka..its profitibity declining..in a regular fashion since last 3 to 4 years..its proposed modernistaion is facing hurdles and already delayed.SAIL is no longer largest steel producer in india..i see near term levels for SAIL..106

SAIL has been falling due to the causes you mentioned from around 240 levels.my suggestion is for investment purpose only and not from a trading view.
good luck

 

[gaur8788]

mundra port is a part of adani group.

 

[prst]

however, adani has recovered, but mundra has not

 

[SavantGarde]

Hi Suro & BSM

Look for going Long in RELIANCE current series.... present rate is 826.60....S/L is a little deep therefore there is not much to worry about today....

SG

 

[Suro]

Hi Suro & BSM

Look for going Long in RELIANCE current series.... present rate is 826.60....S/L is a little deep therefore there is not much to worry about today....

SG

Hi SG, do you mean Tuesday's low around 823?