Thread: Itsmemad stock tips

Macro-economics of the country and price fluctuations of the last one month suggest that it's time to BUY NOW.

One thing bothering me is the magnitude of scams and the way it may affect Indian promoters and FIIs. Indian promoters may have got little used to the scams. I'm not sure about the FIIs. There is a slight possibility that they may press the panic button first and start taking out their investments.

Regardless of the negative news, I'm still bullish as I was in the last week. Don't want to miss the opportunity to buy some fallen stocks. Hence, I've picked out few scrips which I may buy if the market opens in Green on Monday. Also, these stocks should breach the previous day's high to be fit for buying.

Scrips Stop-Loss
AIAENG 387.25
ESABINDIA 521.30
OFSS 2015.00
MUNDRAPORT 114.00
RELIANCE 958.30
AMBUJACEM 119

I'm going to buy only 25% of the total I intend to spend on each stock. Later will add more as the market strengthens.

Time-Frame:

This is going to be short-term investment (as long as the stop-loss is not being hit). The stop-loss will trail the price movement.

I've sold half of Jagran at 138.50 last week. Tomorrow I may exit it.


INVEST AT YOUR OWN RISK

Could buy only AIAENG and Reliance. First targets are 494.75 and 1101.70 respectively.
Couldn't place the order for the rest as there was some technical glitch in my broker's terminal. Then, I got buzy in some other works.

Exited Jagran. Total profit was 5.5 points + dividend in one month.

According to economic historian Angus Maddison in his book The World Economy: A Millennial Perspective, India had the world’s largest economy from the first to eleventh century, and in the eighteenth century, with a (32.9%) share of world GDP in the first century to (28.9%) in 1000 AD, and in 1700 AD with (24.4%).
Wonder if the stock market was in existence then?

Yesterday I made my first purchase in the OPTIONS. Purchased 100 CA of Vijayabank at Rs. 1.90. Today squared it off at Rs. 2.20 just minutes before the closing bell. Its high was Rs. 2.25.

After reviewing the price structure of RIL, I thought that it will come down a bit from today's open price of Rs. 1072. Hence, purchased 1040 PA @ Rs. 5.10. As of close, the RIL spot price stands at Rs. 1056. And my OPTION's price is Rs. 9.20. Wow!! Will exit it tomorrow asap. I fear that the big players are pulling down the RIL's spot price to scare away the small traders like us. Market is so strong that it should go up.

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Booked profit on Rs. 8.25 for RIL 1040 PA. Now, trying to buy RIL 1080 CA.

Bought RIL 1080 CA @ Rs. 6.10. CMP: Rs. 6.50. Hopefully market and RIL shall end in Green today.

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Looks like someone is big time wrong footed on Reliance. Trying to kill the premium on the options. What an equilibrium in the options for Reliance. I'm holding 1080 CA @ 6.10; CMP is 5.85. Whereas for 1040 PA, CMP is 5.20. Classic! I hope that the Bulls win.

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Bought SBI 2800 CA @ Rs. 30; CMP: 33.35. Keeping the buy order for Vijayabank 100 CA @ Rs. 1.10; CMP: Rs. 1.80.

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Exited all positions in the OPTIONS today. Don't want to leave anything open for the weekend.

Sold SBI CA @ Rs. 32.

This week profit in 3 OPTION trades.

Loss in 1; Reliance 1080 CA sold at 5.

Today profit in TATA STEEL intraday. bought @ 663.70. Sold @ 667.90.

Keeping all the long positions in the equities.

3 points loss in TATA Steel intraday;
Vij 100 CA bought at .90, sold at 1.30
Holding 2800 CA of SBI; bought @ 18.55. CMP Rs. 13.60. I know I'm living dangerously in this trade. Just hoping that the spot price will move towards Rs. 2800 or more till Wednesday. A big gamble.

Good info dude.......thanx

Very nice thread maddy and valuable thread!
nice info