Hello friends
SPECIAL MENTION - FOllowers of my blog list are kindly requested to send me a mail on stockngains@gmail.com, mentioning following
Name on follower list
Real name - Not compulsary
Age - Optional
Sex
Location
Screen name used for comments section
Twitter id
Yahoo messenger ID
Whether added on yahoo messenger or not
This leads me to spot blog followers on yahoo messenger.
My recent failures carry a hidden message, which is revealed through this post.
astra zeneca -Tis is what i wrote while recommending it
"for agressive players, SL lies deep down @ 1178 in astra zeneca."
( 11.15 am, 20 th august ).
Now, when conservative sl hits, agressive's sl is the level, close to which conservative can initiate the trade again keeping agressive's sl as their SL. This applies for all the scrips i recommend. likewise
a. WWIl - mentioned SL 13.65, that means if after hitting 13.95, if available close to 13.65, conservative need not to ask to initiate a trade, keeping 13.65 as SL.
b. KEI - Initially considering the 5 % risk & 30 % award, a buy was initiated @ 32, mentioning 30.5 as SL. That means, after buying @ 32, if available, by chance close to 30.5-30.6, shud be averaged keeping 30.45 as final SL.
& all further trades. 2 levels, conservative & agressive lvls are mentioned.
Ramco system ( we exited ) - Volumes were dicouraging & we exited, but was mentioned that its to be re entered, if volumes occur. Same thing happenend. Had somebody tracked it, wud have easily made money.
Resurgere minerals ( v cud not buy before it ran )- It was on my radar, i noticed the volume increase also & then recommended to enter agressively if dips. But, then it did not give an opportunity. These kind of opportunities like Crisil & Ispat, keep running into mind. But then i dont discuss them onto blog just b coz, risk remains equal to the reward in such cases OR SL identified is far away from the buying prices. FOR SUCH KIND OF TRADES, i had created one more blog STOCK4INSTANTGAINS.BLOGSPOT.COM. Which is being created ONLY FOR IMPULSIVE & IMPATIENT TRADERS. Now onwards, i will be updating such trades into that blog, so that if somebody is ready to trade for a equal risk & reward OR for a SL which is far away, can fancy his chances. However, these trades wud be highly risky/impulsive & meant for impatient traders. Neither regular updates wud be provided NOR performance report wud be made. Also, it prevents me from putting impulsive trades before my readers on this blog.
Ankur drugs ( Ran exactly from our TSL ) - TSL was identified as 120, it did not score even 119.95 but i advised to exit ( i admit my mistake ), but, traders can wait in such kind of trades that whether SL is exactly hit or not OR even if someone wud have placed his Sl below 120, wud not have been hit.
Biocon ( Fell from 358 to 330 ) - Well, while updating an exit from our buy call initiated from 323 ON 341, i had advised that it shud react from 356-358 kind of levels. Readers can keep these levels on mind or simply can produce a habit of writing these levels on a notepad ( b coz, new posts always make old post go away ) & then taking a 1-2 % risk, can initiate such trades on mentioned levels.
ALTHOUGH, in either of conditions, partly profit booking as per 4 % & 10 % rule shud be done.
Here is a SAI BHAJAN for all of u, since its a SAI VAAR today
http://www.4shared.com/audio/qoOwQtL1/AGAR_HO_SAKE.html
Trade discussions as earlier now carries through comments of current/recent post.
HAPPY SAILING
OM SAI RAM
36 comments:
Jyoti structures - i hope & i wish , somebody bought it
rochack sir,
Is it right time to buy Reliance? or shd wait for furthr low?
vgs
not really vg
rather buy nitin fire, ur favourite
3 rs to loose & 25 rs. to gain
Also, reliance is never a NO NO, if its an investment, otherwise a BIG NO NO for trading bets.
But, if u like to play for low risk, u can try ur LUCK ( structure is very weak ), placing a SL below 950
ISPAT INDUSTRIES
40 paisa to loose, 1 rs. to gain
buy @ 17.9-17.8, SL 17.45
Tgt. 18.85-19.1 , next week
nitin fire - close to the trade if closes close/below 314 today, but to be initiated compulsarily tomorrow morning again, keeping same sl.
We wud be squaring it just b coz A volume price trader (VPT) square off a trade, that ends the day near to its sl, in order to avoid any loss, due to a gap up/down.
Dear Rochak,
I have purchased Jyoti @141.85 day before yesterday. Should I hold or sell?
Veer
please resolve some quantity @ 146.6, to be bought by placing a buy order @ 143.5.
This will reduce ur price by 3 rs.
sell tomorrow morning above 149.
to be re bought close to 140 next week.
this reduces ur avg buying price under 130 to carry it with a ultimate sl of 137 for a tgt like 157-159 in 2 weeks.
i hope this helps
dieing minutes updates
Orient papers - SL gone, will wait for a level close to 53-52.5 to re enter,
WWIL - Conservative may square off, just as to initiate tomorrow morning again if it seems to be closing close to our SL, or else keep holding
HCC - high scored 62.85, i hope readers enjoying this stuff of buying low & selling high.
Ispat - bought
Nitin fire - Hold, not closing near our sl
AL chem - hold
Jyoti - reduce tomorrow morning in two parts, 146.4 & 150.7
I hope, nobody trying to re enter ramco,
Thank you
Veer
buy jindal saw in 2 parts, 1 st part @ 203.3 & then wait for rest 50 % to be bought @ 197, sl remains 194.8
tgts no lesser than 218.6/222.6 in 2-3 weeks
R power - Low risk trade, strong support lies @ 150. Place a sl below 148 & go long for 172 & 181, in 3-5 weeks.
hello MANoj
thanks for visiting & tracking my blog. thanks for evaluating my blog, able enough to post ur trade, i feel honoured.
i can understand ur excitement & i appreciate ur enthusiasm. I wish u all the best for a better & fruitful blogging.
i request to please restrain from posting a trade recommendations over here, due to 3 reasons
1. After recommending a trade over here, in ur absence, people might find them helpless, for a further assistance, if required.
2. This might become a general/regular practice.
3. Then, my blog readers can get confused to consider trade recommendations given by other blog authors as my personal recommendations. & they also wud have to take trouble to make difference between trade recommendations of so many people.
Please use different forums available all around the net, for the same purpose, as they are meant for same purpose, if u want ur trades to be tracked by them.
I hope, people understand my point.
Sir,
At present, no. of trades is as high as 20+. Would you please restrict them to 6-8 so that it becomes easy to track them?
Thanks for your splendid work once again.
volumes are encouraging , dont book jyoti structures, rather put a trailing sl @ 146.8 & exit, if it hits
sir sl for sintex i have sold at 360
@VVVVV
I totally agree with u & i appreciate u for ur concern. Thanks for tracking the trades so closely. But, at the same time i feel that u shud also try to understand differences between our outstanding positions
Vishal retail, sterling biotech, xl tele are our investment bets. One doesnt need an update on day to day basis for such bets. But, i do b coz, just, i concern for my blog reader. I wont update on them now, if they are counted as our outstanding positions.
Concor & sintex are for shorting frenzy candidates only. Since, they are also to be entertained as a visitor of the blog.
Orient papers ( stopped out yest. for a re entry ), HCC ( we booked yest. ),Tata power , jindal saw, indian hotels, asian paints are kept on radar only to be entered at appropriate levels. By the time these entered, some other trades may get closed ( like jyoti structure is gonna closed today )
So, to me outstanding positions remain
KEI, WWIl, R POWER, Ispat, Nitin fire, alchemist.
Concor & sintex ( sintex, might get close today ), are for a trader with a different taste.
So, 6-7 positions at a given point of time are not bad at all. One need not have positions in all of them. Take ur pick.
& then there are people who come new on the blog.
There are few those also who could not initiate a buy on either of them, wud wanna some new trades to be freshly entered.
Then, there may be some readers who exited to be re entered & could not enter again. Then, i got to produce choice also to be made from varieties of trades.
Then, one should follow his own discipline , to not to follow newly introduced trade, if earlier positions are outstanding.
I hope this helps, & once again, thanks for ur concern. This shows development of maturity in u as a trader.
Sintex - we have all the comfort of shorting again, since we have an advantage of 17 rs. reduced to our average shorting price. We dont try with intuition, we trade by levels. & level suggest, exit short only if it start trading above 370.05.
Jyoti structures - My tgts completed today. Just advised on it to hold for a preferably higher tgts. Call will stand close either above 155 or below 147 today.
astra zen - strong support @ 1178, one may , if desired can choose to carry. we are stop following it now, its a very low volume stock. call closed
SAZ
Thanks for visiting & tracking my blog.
I hope, its a re entry after being squared off earlier shorts yest.
even if it is not, u got to square off ur shorts if it hits 370.05 on nse spot. since, this makes the structure positive for short term.
thanks for ur reply.no i have shorted it today(first time)
dear sunil
if u can affod a SL of 2 % then financial tech is a good candidate to short above 1406-8, with a SL of 1445, tgts below 1300.
good luck
Tata comm is also a good shorting candidate above 338-40. but, positional only. 8 % to loose 18 % to gain. SL above 362. ( FINANCIAL TECH & TATA COMM , NOT A TRADE RECO's, personally for sunil ). Will add them in outstanding positions as & when appropriate levels come.
Tata power - to be initiated not higher than 1232, ideally @ 1218-15, & in parts. If 1230 hits, call may be considered as initiated.
Jindal saw - also, an avoid if not close to 203. preferably in parts @ 203.3 & 196.6. Call initiates if 203.3 hits.
if somebody planning to initiate tata power
please understand the risk before initiating
support lies @ 1190 only. Although, my call initiates @ 1230, i prefer buying it below 1220.
al chemist stopped out
ispat & nitin fire look promising
monitor jyoti to lock 7-8 % gain, if TSL hits.
thanx sir
rochak sir,
i bought 200 nithin fire @ 317 with a stop loss 314 and the stoploss trigered for me. I think still it is a favorit stock of mine and should I stop chasing the same as per your rule or do u think I will b loosing a opportunity sorry to bother u jus learning the technicals sir
vgs
Mr.rochak,
i have booked loss at 365.20(sintex) as i went shot at 360 in the morning .
Now its 355 what a miss...
as i cannot hold positions in future i covered shot at a wrong time
@ VG
trading is a risky game, but, then what else in our life comes without a risk. While trading we always consider risk reward ratio into mind, i.e. how much is to loose & how much is to gain. & then we initiate a trade @ level which is affordable for us to make a loss.
Nitin fire, when earlier referred to u, was identified with a Sl as 342 & was recommended @ 347, it kept roaming around 347-353 for 3-4 days, but u bought @ 352 & then its u, who did not keep the sl. NOw, considering ur outstanding position in mind, i kept it on my radar, & day before yest. identifying a Sl, again recommended u to buy it @ 315.5, it again kept roaming around 315 for more than 4 hours. Even now, its stop loss given is not hit ( i dont claim it wont hit ). But, it was a low risk trade. Now, then when u have liquidated, no point blamming you. But, its an attractive bet, till it doesnt break 302. & also, it has fallen 25 % from its recent peak. But then vg, nobody guarantee it wont hit 300. that s why however attractive it is, we always put a sl while take position.
@ saz
Dont stay concerned. This not happened with u but with everybody. But, i wish u wud not have created a position just for intraday. Nobody rest assures that this stock is gonna fall today OR tomorrow only.
really sad. people shud refrain themselves from shorting at least, if doing it for intraday basis, & then why intervening the positions between the levels. Either let sl hit or hold. But, u cant guess to short a fno stock, that it will fall today only & taking intraday bet into it.
All the stocks which i am tracking are @ a cruicial juncture, mostly roaming around our sl ( support ). indicating, market is @ a make or break level.
For instance, supports in
Tata power (1190), WWIl ( 13.65), vishal retail ( 48 ), KEI ( 30.45), Sterlin bio ( 105 ), nitin fire ( 302), r power ( 148 ), ISpat industries ( 17.60 )
Now, following are the scrips along with their support levels which are on my radar\
orient paper ( 53 ), Ramco ( 99), Hcc ( 58), jindal saw ( 195 ), Pir health ( 468 ), ( THESE R NOT MY TRADING RECO'S )
Please stay cautious while holding ur positions. This last shake could either be an attempt to jerk off the weaker hands before moving northwards OR a distribution. Actual position will easily be described by sl. If sl starts hitting for most of them, its a distribution, else an accumulation.
@ vg
sl of 314 in nitin fire for closing basis was given only for yest. closing, otherwise our sl in initial recommendation is 313, which is not hit ( i dont claim it wont hit )
please understand the difference, the closing sl 314 mentioned yest. was only for intraday. chapter closed yest. as it did not close below 314. Then, today morning onwards, SL has to b considered as the original one ( 312.8, i again say, i dont claim it wont hit ). But, this is to clarify any confusion, if occur in any further trades.
SL shifts to TSL if mentioned, but such kind of sl on closing basis remains for that day only.
Thank you MR.Rochak, your dedication in reply's is mind-blowing. you don't have to give such a detailed reply without getting much(monetary etc), but still you are doing, that too in market hours.Its fabulous job.
good karma.
jai sairam
saz
ya saz
let us pray to baba, that my deeds keep converting into sweet fruits to all of us.
Sir,
I want to know the method how you pick a stock for trading (to educate myself in that art.)
will you do that favour to me?
dear vg,
i could not find the bhajan requested by you
kindly tell me the details
sure VVVVV
Not sure, whether wud b comfortable to reveal it or not.
but, its not the time yet to even think for that.
Please switch to new post for comments -
http://stock2gains.blogspot.com/2010/08/wwww-week-which-was-weak.html
RELIANCE INFRA=buy at present market rate looks promising with RSI as low as 30 and macd giving buy signal target 1040, 1080,1145,1195.please comment
STERLING BIO IS NO DOUBT A INVESTMENT BET BUT ONE THING IS SURE THAT SHARES WHICH PARTICIPATE IN ONE BOOM ARE LEFT IN NEXT BOOM SO WE WILL HAVE TO WAIT FOR ANOTHER BOOM
hello rakesh
please switch to latest/recent post for comments.
u were lucky that ur comment is tracked, as i was roaming around my old post, other wise i wud have missed to comment on that.
please post this into my latest/current post, if u want others to comment on issues raise by u.
or else wait for today evening for my views.
Post a Comment