Hello friends
SAI BHAJAN ADDED :
http://www.4shared.com/audio/Y3vHO_h1/01_JAHA_BAJE_SAI_DHUNI_-_INH10.html
our trades are going on through comments section of the last updated post, till either a requirement of a new post is felt OR i get time to update on the previous/ongoing trades.
I could not update on my earlier/ongoing trades through a post this week due to health related issues/slow browsing speed due to virus in my P.C./interrupted power supply in my viccinity. I expect my readers to execuse me for the same. But, updation were continuing through comments section. As soon as, these issues are settled, i wud continue to update my trades with a regular post every thursday & weekend. Even then, please make an habit to track my comments section, to check whether any fresh trade has been suggested.
till then
happy sailing
OM SAI RAM
46 comments:
hello sunil
did nt i sound confident to you, when i recommended a short trade in reliance industries ( i shorted @ 999, it even did not hit 1000, & asked to cover @ 972, low made is 970 ).
Reliance industries, the moment it hit its high during loksabha election results ( 15th may 2009 ) , it never looked promising thereafter. it never looked like breaking the high made @ that time. Its primarily underperforming the nifty. every time nifty hits a 52 week high, it hits a new low & presently when nifty is roaming around its fresh 52 week high, its trading around its trading range ( range 960 odd to 1090 odd ). Its massively range bound along with rel infra & rel capital. Its a huge setback for traders, since, it is having a heavy proposition in the indices, & since its not having big time, not allowing indices to trade healthily above the 52 week highs.
Since, its massively range bound, really, i can only speculate about it. No other analyst in this world wud dare to make statement like what i am gonna make to reply ur query honestly. But, since, blogging is meant only for stating what actually is on ur mind, i can dare to claim that no wonder reliance wud have to hit lows like 700-725 to start a reversal ( although, i may be proven entirely wrong by the markets, after all markets are supreme ).
u did not made clear, whether ur buy is for trading gains or investment. But, if its for trading gains, i must say, reliance has been taking support previously @ 993-990 kind of levels, before it finally broken it, so levels like 993-995-998 wud act like stiff stiff resistance for it. But, if it is for investment, no other better scrip to buy. Although, it has a scope of about 25 % to fall from current levels, rewards are also a handsome 60 % from current levels. I wud advise u to simply keep holding it, if its an investment & to average it around 730-710 ( if and when available ), but, if its a trading position, please keep 967-965, nse spot prices as your stop loss.
happy sailing
sir
I have read you comments I think you have misunderstand me. I have big faith on you . If i dont have faith on you why should I communicate with you I have start visting on your blog since 2-3 days ago before that seen you at Ilingo ,viren's blog.My RIL Holding is 12-15 days old and I think you must have given RIL call 4/5 days back. Coz before that RIL was trading above 1000 as I am holding from 1015. My entry in RIL is for trading not for investment.
I will follow the level you have given to me.
once again " I have big faith on you" that why I am here.
@ sunil
thanks for your faith, that u have put into me.
since, u told u r short sell frenzy trader, i request u, my record till now suggests , i am not good at short sell calls. so, please be cautious while trading my short sell calls.
shorting is a fine art, & needs lots of determination, patience, experiences & margin ( capacity to bear MTM, in case it arises ). i hope u have all of the above in you.
i will be soon writing an article on short selling, make sure to read it out.
till then
happy sailing
ankur drugs 126.80, buy initiated at 117. more to come. keep trailing with TSL.
i hope people took me seriously when i said, buy agressively.
sir
Thanx for reply ,this is true that i m short frenzy. Coz mkt is at all most 125 week high. From here I m afraid to take long position every body is here to earn whether it is from long/short position I dont mind to take long position also.
advised to sell/book profit of your 50 % bought quantity in ankur drugs @ cmp. This quantity can further be added if u get to see prices like 118-120, that wud reduce our avg. buying price to less than 105 & then we can comfortably carry the whole quantity with a SL of 110.8, nse spot.
&
book fully if u get prices like 136-138.
sunil
i respect/appreciate/admire/agress with ur observations. truely said , that markets are at 125 weeks high, its too risky to trade long @ this juncture.
But, sunil, are u trading indices ? then, ur observations come into play. but, if u r trading stocks individual, then please get rid of your indices based trading for stock individual. there are many examples, when stocks getting punished instead of indices kept making new highs (suzlon, reliance, bharti, tata comm, punj lloyd, r com etc etc ) & then, there are instances where stocks kept making new highs, inspite of indices kept making lows ( again bharti, rcom, idea, titan, asian paints, dr. reddy, page industries, these are just few to name ).
I know, in the euphoric stage of a bear or bull run, all stocks behave in the same manner, but mind u, that only happens in the euphoric stage. otherwise, markets are full of stock specific activities. That too happens for 3-4 days around indices medium term low/high that stocks behave in same manner, otherwise, u know, stock specific follow their own trend. so, & really it gets too late, when we came to know about such euphoric moves of the indices that stocks start behaving in the direction of indices. in such extreme scenarios, stop loss helps us.
so,i dont deny that the markets are at their extreme tops. Even, i dare to claim that these are the medium to long term tops that we are seeing right now. But, even then stock specific moves are gonna continue. So, keep hunting for your preys, u wud never fall short of preys, dear.
happy sailing
i hope, vishal retail is re entered as advised yesterday.
I also hope, oriental papers was also re entered @ 54 yest/day before yest.
although, i advise to book vishal retail @ 59-60, & buy agressively if available @ 49 ( very very remote chances, but nothing can be denied in equities ),
BUT
i dont advise to book profits in oriental papers, since it has attracted huge volumes today, and also since its a re entry, so we are already having comfort of reduced average buying price, so please keep carrying
i hope ankur drugs was booked in 50 % quantity
now, look to enter only close to 118, & place SL @ 110.8, nse spot
sunil
i hope ur shorts in asian paints are intact.
since, it broke 2627 ( as mentioned earlier ) your shorts are safer now. Please see that it breaks 2604 convincingly, that makes ur short trade more safer.
ankur drugs re entered
keep an eye on ramswarup industries
agressive players can buy even @ cmp
details tomorrow morning,
if u get levels close to 81.5 buy tomorrow morning without asking.
i hope ankur drugs was re entered yest. As suggested close to 118, please again book some part of your quantity @ this juncture. this will lead us to reduce our average now down to below 100.
RAMCO SYSTEMS - Volume is very subdued.
I request an exit from ramco systems ( we initiated between 103.5-104 ). i will advise a re entry again, when volumes see boosting. AT present, i advise a COMPLETE EXIT from ramco industries.
i hope, ramsarup industries has been bought
reliance, subdued as expected. made a low of 965, now if it breaks this low, its more weaker. we had a short reco & we exited. now no trade. we are expecting levels like 720-710, on a convincing break of 950. let us see
asian paints - had mentioned yest. , further weak below 2605, see it did not break 2605 & bounced back.
now, again recommending a short sell, but for only those who had booked their short & to b short sell only above 2675, so that our avg. short cost comes out to be less than 2600.
REPOSTING
RAMCO SYSTEMS - Please sqaure off ramco systems. a long trade was suggested in it. but volume is subdued, we will again re enter, since its looking promising. but for now, we are gonna exit cost to cost in it.
Ankur drugs - Please book ankur drugs which was re entered close to 118 yest. it wud lead our avg bearing cost below 100, & now on please maintain a sl of 110.8. Even if it hit stop loss, we wud exit with 10 rs. profit, this is the power of 4 % rule.
Ramsarup industries - i hope its bought, as suggested yest.
VISHAL RETAIL - asked to re enter < 53 ( low made 52.7 ), now @ 58
Orient papers - asked to re enter < 54. (low made 53.8 ). now 58. yest. i asked to not to book any profits in orient papers, for the quantity re entered. i still believe, it should be carried. we wud get much better levels to exit.
Ankur drugs - asked to re enter @ 118. Low made 116.5. now 123.2. ( asked to book )
ramsarup industries 83.65. asked to buy, without asking, if available @ 81.5-81.
I hope, people are taking me seriously & following my trades to get benefitted.
asian paints also re shorted, now our shorting price is above 2750, so we can comfortably exit with a profit of 48 rs. even if our SL 2702 hits.
indian hotels broke out, that too with huge volumes, what should we do ?
Well, ideally we were waiting for 108 to be taken out, that happened today with huge volumes.
This lead us to establish that structure became positive. Now, traders should ideally wait for a dip below 102 patiently to take long position. If not now, i am sure, sometime in september, we wud get such levels.
Investor, can rather start accumulating indian hotels, in 3 parts, one part immediately, since structure became positive. Then the second part below 100 & the final part below 88 if available. Buying now, makes sense, its targets are no lesser than 142-145, i.e. 35 % from here sometimes, september end or october start.
exit ankur drugs, if
1.- it breaks 120 on downside, after making a new high above current intraday high of 124.
2. it breaks 118 on downside, with 124 remaining its intraday high
ramswaroop hits 89, more to come, cool 10 % intraday. keep enjoying
sir
Last night, I read your blog but unfortunately I was out of town for some urgent work. so i could not enter in ramswaroop ind. But really gr8 work /good call.
wonderful. your calls are rocking.Thanks
IS IT POSSIBLE TO ALERT THROUGH YAHOO MESENGER REGARDING YOUR POST IN COMMENT SECTION?
thanks bala,sunil
credit goes to blessings of shri sainath maharaj.
i hope, my readers kept praying for me, so that lord saraswati, herself speak through my blog.
Well, faith put in by all my readers, puts responsibility on my shoulders to focus on my work properly.
Well, i hope my readers keep spreading my good work. B coz, its a disclosure that site traffic & no. of followers, click like adrelaine to me. Well, also, i am working on a something, due to which members added to my followers list wud get some additional benefits from me.
Well,vvvvv
first solution is to subscribe to my comments through e mail link. So, every time a comment is added, a mail wud be sent to your mail box.
secondly, twitter. my twitter id is stock2gains. every time, update a trade through either a post, or a comment, i dont forget to intimate on twitter.
WELL, friends ! My pc is on format. So, i wud be not able to comment for few hours. Using my friends net for the same.
I hope, Kei industries was entered, hits 34.65. Place a sell order of 50 % of ur quantity on 35.6 to be hit possibly by tuesday. Then look to re enter the booked quantity @ 32.5.
Ramsaroop - For trading purpose, Sl can be comfortably placed @ 79.8, with 50 % quantity to be booked < 91.
WWIL - If u have noted, starts a reversal from 14 itself, which was our SL. Keep trailing with the same SL to be moved to 14.4, once 15.8 is crossed.
Ankur drugs - As expected, bounced back from 120, tgts seems achievable like 136-138. Book some > 130. To be re entered @ 124-121. & keep trailing with a TSL. Our avg. bearing cost will be less than 96 then.
Vishal retail - keep riding. Tgts like 61-62, is the levels where 50 % profit is to be booked, sometime next week.
Asian paints - 2604 never broke. Its convincingly bearish only below that. Till then, it might attempt a false 2-3 % break out above 2710. Keep trailing with TOday's high as Stop loss. Even then, v wud get 50 rs. profit
This comment got too long. to be contd...............
Sir, how can I find your daily calls respectively as i used to get in vfm-site.Whatis the link/site/address,which i find easily.I have not much knowledge on net.pls. help me to folow ur call in easiest way. BEST REGARDS-JINDABOONI
Really good work, Rochak!
...........
since, i mentioned, i could not log in since yest. due to virus issue, i couldnt make out that asian paints was stopped out. we made 60 rs. profit. let see how it pans out. but do not hesitate to short it below 2600, without any doubt.
Ramsaroop i - since, i am writing this second part of the comments from my own pc after 4 pm, i could get to see ramsaroop hitting 72 intraday. Well, our stop loss saved us from a disaster. Always remember that 2 things are always placed on ur trade on daily basis as soon soon as u initiate a trade. 1 st tgt. 2nd the stop loss. However distant u think, both these things are, but dont forget to place them every morning.
Orient papers - as expected, did not hit 56 & kissed 60. Expecting it to hit our tgts 62-63, some times on monday. Look to book fully above 63, to be re entered only below 55.
Rest already discussed in last comment.
Well, Ramsaroop gave us one critical lesson. Profits like 10-12 % should be grabbed with both hands, that kind of profit, that too in 2 days is too handsome to be lost. I hope, u people kept trailing it with a valid SL to grab some profit.
Next time, we are gonna grab anything 100 %, if profit made is above 10 % within an extremely shorter time period, after booking some @ 4 % , according to our 4 % rule.
Well, could not able to update the blog this time due to my own reason, this thursday. but definitely gonna post one sai bhajan, within 1 hour positively.
till then
happy sailing
@ saibaba
thanks for ur appreciation
Dear jindabooni
well, first of all
register urslf in follower's list on my blog.
dont forget to keep refreshing the page, again & again, b coz, that s the only way to know, if something new is being added by me through comments of the last post. As i am introducing the trade updates only through comments of the recent post, whereas the blog is updated every thursday & weekend.
I am also available on twitter. Id is stock2gains. Be a follower there. as soon as, i add any comments on my blog, i dont forget to intimate there.
Go to any comment & click the link - subscribe through email. This way, u wud find an email sent to your mail box, everytime there is a comment on my blog.
Soon, i am gonna introduce my services through yahoo messenger, but it might take some time.
@ ALL
IF u r following my recommendations, please request u all to adjust urselves with my trading methodology. for details, please go through the following links
http://stock2gains.blogspot.com/2010/06/what-is-your-trader-type.html
http://stock2gains.blogspot.com/2010/06/why-to-put-stop-loss.html
http://stock2gains.blogspot.com/2010/06/trade-summary-functioning-of-volume.html
http://stock2gains.blogspot.com/2010/07/monthly-performance-report-card-july.html
Well, u may find repeatition of many a things, mentioned already through comments in my next post. & since, its a while, that i have posted, that post might be a lil lengthy. May be this weekend.
Please find a sai bhajan, within this post.
Happy sailing
P.S. - Through, experience of ramsaroop industries. we got several lessons.
1. 4 % rule is worth following.
2. we must respect, what market is giving us.
3. Markets are supreme.
4. Nobody is perfect.
5. 10-12 % is too handsome profit to be lost. So, after 4 % our sell order will always be placed @ 10 % of our buying price, as soon as the trade is initiated.
6. ANYTHING IS POSSIBLE IN SHARE MARKET. ( high made 87 & low made 72 )
6.
aaj ka baba ka bhajan kaha hein rochak bhai
dear sai bhakt vishal
sorry for the delay, but bhajan is added now.
due to virus related issue in my pc, its got late.
sorry mate
BUY FINANCIAL TECH.
Keep stop loss below 1380 for intraday. Solid support lies @ 1360. VOlume generated reco. Try buying close to 1395, placing a stop loss below 1380.
tgts may be 1440, book some.
& 1504/1538 positional
for positional players, sl is 1358
Financial tech. for risky players
here is a defensive bet
astra zen
keep a SL below 1210. 1208 may be a perfect SL. tgts may be 4-5 % higher from here. Play as per 4 % rule.
happy sailing
for agressive players, SL lies deep down @ 1178 in astra zeneca.
Asian paints - never gives up. Thankfully & fortunately, we earned 60 rs. through short sell. Dont forget to short it below 2600. 12-15 % return possible.
"astra zen
keep a SL below 1210. 1208 may be a perfect SL. tgts may be 4-5 % higher from here. Play as per 4 % rule."
Rochak, when u r giving a buy call, pl give the buy price also (as a range, i.e. from Rs..... to Rs. .....). We may not be seeing your post continuously. When we see your post sometime after it has been posted, we don't know at what price you recommended a 'buy' and also what is the target (4-5% from here?)
sir,
this is vgeeyesaiyer.
First I thank u for your valuable guidances.
sir do u have the sai bhajan of o s arun Om Jai Jagadeesahare
pl up give me the link to download
and can I use this place to clarify and take guidance in trading from u?
@ saibaba
thanks for the suggestion, & clarifying suggestion in details, it helps.
@ filmy
will look forward to it this weekend. i have got wide informations about sai bhajan only, will try to
@ all
astrazen
buy close to stop loss. my buy initiated @ 1225.
tgts close to 1280-85, coming tuesday
On twitter, I have seen this post ; "hello friends, i am available now on yahoo messenger, my id is fox4stocks@yahoo.co.in."
When I added this id to my contacts, I got a reply form Romesh Chourasiya (fox4stocks) (not from Rochak). What is this?
what is your view about GMDC WHICH IS ACCUMULATING BETWEEN 120-130 CAN IT BE BOUGHT AR 120-22 LEVEL
@ saibaba
rochak is the screen name
Nice effort to help others! All the best! God bless you!
finan tech
move SL to 1400, if positions taken. We will have a re look, once stop loss is taken out, also place a sell order above 1448.
astra zen - close to stop loss, nice low risk high gain opportunity if SL is not gone. very low volume stock.
vishal retail - good buying opportunity anything close to 53, add agressively once dips below 51.
orient papers - act as advised earlier
i am off for the day, happy sailing
sterling biotech massively range bound between 105 to 111, its an agressive buy close to 106.5 now onwards with a Sl below 104.8. once 111 is taken out, then 118 seems a destination. no stopping above 120-122
astra zen - SL about to hit for extreme short term traders.
remain a buy, wud look up for a better opportunity close to 1190 for a positional trade, if 1208 gets hit.
astra zen, since ending near our Sl to be squared off immediately.
to be re initiated, with same Sl 1208 on monday.
if opens below 108 on monday, then requires a re look.
since, i got late in intimating astra zen, try liquidating in the post session.
please make it a rule, anything that ends the day near our SL , is to be sqaured off, to be re initiated next trading day, with the same SL, but position remains closed if opens next day below our SL. This is to neglect any possibility of taking our SL due to a gap up/down.
this doesnt applies to Finan tech, since our original SL in it is 1377.8. keep trailing it on monday with an updated SL of 1399.8.
happy sailing
helllo rakesh
sorry4d delay
i actually missed ur query
i will reply ur query on sunday.
thanks visiting
Hello Rochak, nice job doing by U. Keep it up,but try to post in simple just like------ Buy Wwil @ 14 sl-13 T-10%. It will be very easy to read & understand, besicde I am also a Indori just like U.
Jai SAIBABA
Sir,I have gone thru ur post for me.Thanks a lot.One thing u told 4% profit!i understood if buying price is 100/- then tgt104/-buy.1200 tgt.1240/- Is it mean for inradey also?FINAN TECH reached up near 1420/-on 20-08-10.I may want to reqest you, (if it be logical according to you) to give a medium tgt.at 2%/2.5% for me like one day player having low investment. NAMASTE
Thanks Bro
As suggested by you
I have added the disclaimer
Really Thanks
Add me up on ur Yahoo :
manoj_borse9@yahoo.co.in
Thanks once again
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