Stocks To Keep A Close Eye On

hi murtaza,

plot nf 20 ema on a daily chart, as long as it stays above the 20-ema it will go up....use the settings for next day trade.

happy & safer trading

savantgarde

Jackpot .....

Thank You sirjee .....

:clapping:

Sashsaha -- Here's your answer :-

WEIRD ObSERVATION :


BSE supposed to have one of the very good and robust system had another technical snag after the one noticed on ckt day !


Suddenly all A - B group stocks had a circuit filter of 20% instead of 5% ... T2T stocks Z grp stocks all had a field day with 20% freeze which might have trapped a few traders in the morning. By mid -day the snag was rectified with filters being re-imposed !! .....


Could there have been another solution ? Simply put the exchange needs to pull up their systems and improve !!


Making no efforts to post the details ...


A small article posted by Palak Shah on Business Standard describes what happened.




Nearly 80 stocks on the Bombay Stock Exchange (BSE) today witnessed an unusual price movement of up to 20 per cent. Belonging to ‘S’ and ‘Z’ categories and the trade-to-trade group, these scrips normally attract 5 per cent circuit breakers.


Similarly, Transcrop International Ltd, a ‘B’ group scrip, fell 30.14 per cent today to close at Rs 33.15. Stocks in the ‘B’ group normally attract a maximum circuit breaker of 20 per cent on BSE. Even an ‘A’ group stock, Hindustan Copper, which generated a massive volume of 1.56 lakh shares today, recorded a high of Rs 278 against its upper circuit of Rs 245.95.

Apart from this, the counter of Assam Tea Company, a ‘B’ group stock, witnessed a 1.38-crore block deal at Rs 77 even though the share was being traded at around Rs 16. The block deal was later reversed by BSE.

Gramac Infrastructure Equipment and Projects, Fertilizers & Chemicals Travancore Ltd, National Fertilizers Ltd, Ahluwalia Contractors and Asian Oil were other ‘B’ group stocks that recorded prices higher than the circuit breakers on huge volumes.

According to market players, BSE did not issue any clarification during the day, nor did the exchange halt trading in these counters to examine the problem.

Lesser known stocks such as Empower Industries India Ltd, Bhagyashree Leasing & Finance, Sturdy Industries, Rama Phosphates, RAS Extrusions, United Drilling, Women Networks and Integra Capital Ltd emerged as the top gainers today with a 20 per cent rise. Strangely, the volume in some of these stocks was as low as 100 shares.

When contacted, a senior BSE official said there was a ‘technical snag’ and trading would resume tomorrow with normal circuit breakers. BSE, however, did not answer an email query asking it about the technical error and how it happened.

Market sources said that some brokers were planning to approach legal experts to present a case before market regulator Securities and Exchange Board of India (Sebi). Out of the 80 scrips, 30 rose over 10 per cent and 12 fell more than 10 per cent, triggering stop-loss of share traders. Brokers were also asking for additional margins from clients as these erroneous trades had caused them huge losses.

The problem, say experts, is that when the exchange does not reverse ‘illogical or artificial trades’, the price of a particular stock, which is part of this error, remains at a level that it could have never touched in the near future. Proper action and withdrawal of all such trades are necessary, they say.

Hi Mogambo (and others interested in Updater document),

You may download the document from the following link.
.....
Thanks for your interest. Please post your comments and views.

Regards

-Anant

Anant,
Thanks a lot for your document.
... ... ...

I am not getting the chart displayed. I configured it to connect to Quote tracker plugin and the status bar says, connected OK.

Can you help me out when you find time ?

Thanks,
Sameer.

Savant sir Good eve.,

Sir, from your all buying stocks trigger list i bought nearly 63 stocks , invested each stock Rs 25,000/- to 45,000/-, as you mentioned all stocks for short term investment with SL also.But i never exit from any stocks.

Sir, invested 80% funds till now, this invesment i will keep up-to Dec-2010 or Mar - 2011 , so in abovementioned period IF any strong BIG FALL will arise (ie Last fall 21000 to 8000) how to keep SL for entire INVESTMENTor is there is any method ? requesting you please guide me.

SIR I HAVE FULL TRUST WITH YOU & YOUR BYUING TRIGGERS.

Awiting your kind revert.

Thanks & obilige the same.

- Abhishek.

Hi Aabhi,

I Hope They Stand Good For 366 Days From The Date Of Contract Note.

21000-8000 Will Not Happen For Sometime...But Regular Correction Of 3000-4000 Points Is Always There Couple Of Times A Year.

Moreover There Is No Point Holding Any Stock If It Gives A Longish Sell Trigger.

Anyways, Just Mail Me Your Portfolio....With Update.

Will Discuss The S/L Once I Have Been Through Your Portfolio.

You Guys Are Scaring Me With So Much Faith In Me...I Hope You Are Working Towards Finding Your Own Triggers.

Happy & Safer Investing

SavantGarde