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Dear Shabbir,

I would like to see some multibagger stocks suggestion and some mid term stocks suggestion from you.. Like before you gave GDL @147

Best wishes

Irshad

 

Hi Shabbir,

1) I would like to see a thread wherein i can find some stocks being mentioned in either of the four phases a) Accumulation b) Mark Up c) Distribution d) Mark Down

2) I would like to know about innovative trading ideas. Any member can share their trading ideas which they adopt and your thoughts on those views could be highly appreciated.

3) Discussion on sector rotation policies. Or offloading of certain stocks and reinvestment to other stocks. I do not know if I'm clear on my point or not.

For citing an example in my mind, consider Bhushan Steel and Canara Bank - Please not there may or may not be any co-relation between these stocks. But what I did was this. I started selling Bhushan steel slowly from 434 levels to 474. 10% @ 434, 10% @ 444 15% @ 453, 15% @ 464, 20% @ 474. I started investing this on Canara Bank @ levels of 390, 417 & 429 . I'm expecting Canara Bank to go to higher levels slowly. My idea might be a crude one, but you might be able to refine such ideas.

Similarly when Crude was going high, I noticed Castrol falling and started investing in it from 470 levels. Now I've only 5% left for selling.

4) Identifying undervalued fundamentally strong stocks and trading in them, in such a way that once you make profits, exit otherwise you should be able to hold or accumulate more.

5) Another idea which i adopt is always trading with certain stocks like JSW Steel. Accumulate stocks as prices go down and sell as it goes up. At higher levels you will possess less quantity of stocks and at lower levels you will be possessing higher number of stocks. I would like you to suggest stocks which could be used for this sort of trading.

Eg: Buy 5@750 5@720 10@690 10@640 20@590 / Sell 5@640 5@670 10@710 10@750 20@790
This is if, the market keeps going down(buying) and market keeps going up(selling). In between you keep selling or buying based on the price at which your holding a particular bunch. Buying at higher levels should be lower quantity and buying at lower levels should be high quantity. Vice versa with selling small quantity selling at lower prices and high quantity at higher prices.

For this strategy, the first thing should be identifying a high beta stock, fundamentally strong and looking at technical support/resistance levels. These stocks can be a bit over valued. More of a buying high and selling higher strategy.

These are some of my thoughts.

Thanks
Naveen

 

Technical analysis trading success probability

How much probability would you assign to technical analysis according to you for a layman who has completed reading your e-book ? I'm asking this question since not all people could identify stocks and invest in the same way. So, in general what's your expectation ?
Also once you are through the technical analysis reading, what other tools(freely available if any) are required for intra day trading ?

Also, I can't somehow agree to the below point.
We are not as big as Warren Buffet to make accumulation in stock and we don't need to as well unless we have portfolio in crores.

May be term Accumulation, i used conveyed some wrong meaning. My strategy is just investing in small portions. It need not be in crores. Suppose I have the budget for buying as simple as 100 shares. I can buy 5/10/20/25 at a time.

Also doesn't promoters fool traders by creating false technical signals in trading ?

Good but normally I don't accumulate the falling stock and don't recommend the same to my readers. -

Doesn't market react irrationally for short/long periods of time to even blue chip stocks? For me such stocks ought to be bought into one's portfolio.

They should not be the ones you should be trading into. You should be investing into them.
I think, these are stocks which i can trade with comfortably without fearing loss of capital. Market can always provide opportunities for any stock to re-enter. If at all it's not going down, we can spend some time dormant and find new stocks as well. We'll still be holding small positions, since we wont be selling away all the stocks.

As you have rightly identified and pointed out 'These are sign of trader who is not sure of what levels you should be buying and selling stocks and not for those who are convinced of the when the falling of price would stop.' This is perfectly right i'm a novice at that.


Thanks
Naveen

 

Hi Shabbir,
You got me wrong here.

Let me ask you simple question. What if I tell you that the stock you plan to buy 100 would fall another 5% and so would you buy even 5% of it now? I am damn sure you would not.

I have stopped hearing technical analysis from any source long before. I have seen people coming and saying to buy stocks at very high prices. Eg: CASTROL and JSW Steel
Yesterday i heard some guy saying to go long on Castrol anticipating some news. But Castrol at this price is low on my portfolio. Only 15% left with me.
Similarly JSW Steel, very rarely analysts come and recommend good prices for getting in. I don't care technical calls on this stock. But mostly I'm trading on this, irrespective of any signal, news etc. Sometimes i go hibernate when i'm not sure on what to do for sure or got no time to play. In these stocks sometimes i play stop loss by reducing the number of shares owned by me. My entire money is not in to play with this method. But I'm satisfied trading this way for certain stocks.

From where do i get chart patterns ?(I'm not using my broker's portal, i communicate via phone.
Recently i've been using bazaartrend, but it shows data for 2 days only i suppose. Any good suggestions on this would be most welcome

Thanks
Naveen

 

Hi Shabbir,

Thank you very much.

By the way.
Yesterday i heard some guy saying to go long on Castrol anticipating some news. But Castrol at this price is low on my portfolio. Only 15% left with me.

I meant to say that i dont go by tv comments. I would rather identify some good stocks and trade with my principle. Even I'm not upbeat on Castrol any more. If it goes up well and good, just let it go away. I don't want to fall in love with any stock. Now it would come again in my radar only if it moves down drastically. Hence i hold a very small holding at this level.

Thank you Shabbir, once again for the great reply .
I would like/expect other members too to pour in their comments.

 

Dear Sir,

Can you Facility to see daily chart of stocks / futures.

 

Is n't it good to show latest posts on top? Now it is at the bottom and we have to scroll all the way down; some times across multiple pages to read the recent posts.
Thanks,
Sudin

 

Shabbir,
Not able to see the all the forum threads ever since the Shoutbox is introduced. How to see the forum threads (as it was earlier) ?

 

ok , it came properly now after I cleared the cache. thx

 

I have a suggestion -

If possible can a CHAT-box be added to the forum ? Online/active users can share tid-bits inside this small CHAT-box.
In urgent times, it also saves time in getting some urgent reply.

 

Wow same thing I was planning to see in DIY.
Dear shabbir plz don't tell it has PM facility cause I am talking about a messenger feature.