Watchlist for April 2019

Hi,

Watch Hero Motocorp Ltd. (NSE symbol:HEROMOTOCO )

The stock closed on 2639. It is likely to try for 2740-49 and 2790-99 in coming sessions.

Best buying range @ 2610-2625. If unable to get it at this price then Buy when it crosses 2650
Stop loss @ 2600

First Target @ 2740 to 2749 (sell 50% qty)

Trail stop loss @ 2700

Second Target @ 2790 to 2799 (sell the remaining qty)

Risk : 10-50 points
Reward : 115-174 points

Expected holding period: 45 days

Edit : 16-Apr-2019

Hope you were able to make some money as per my recommendations above given on 12-Apr-2019. The stock gave buying opportunity at 2650 on 15-Apr-2019 and today it hit the first target of 2749 as predicted. Hope you were able to offload 50% qty at this price. Now move your stop loss to 2700 for the remaining qty and book profits when the price reaches our second target of 2790-2799

Here is the snapshot of the prices after our recommendation

Edit: 19-Apr-19

Market tanked a bit because of the Jet Airways fiasco. However our stock attempted a new high of 2759.90 but was not able to sustain there. it made a low of 2732 closed at its opening price of 2742. this shows signs of selling coming in. We will have to move our stop loss from 2700 to 2725 in order to protect our profitable position.
We had entered at 2650 and have sold 50% qty at 2749 making 99 points profit on that one, now for the remaining qty we will move our stop loss to 2725 so that we get 75 points profit from our buying price of 2650.

Here is the snapshot of the prices.

Edit: 23-Apr-19
Yesterday, that is 22-Apr-19, Hero Moto stock nose dived the way it was predicted. Good we trailed our stop loss to 2725. It got hit and it went further down to touch a low of 2685.
we are out of this stock now with a total of 99 + 75 = 174 points divided by 2  = 87 points average profit from our buying price of 2650. this trade gave us a profit of 3.28% in 9 days. This works out to an ROI of 170% p.a. 

Happy Trading !!!

Mail : TradewithLS@gmail.com to get trained on my Day trading & Investing strategies.

Oct 2018 watchlist update # 2

Hi,

Watch this stock, seems to have caught attention of buyers. look at the delivery %. its showing 96%. Stock is trading very near to its 52 week low and yet 96 % delivery .... sounds like good amount of buying is coming in. (source : nse website)

Let us wait and watch to see what happens to this stock in the coming weeks.

An here is the weekly chart of Ganesh Housing Corporation Ltd.(source : icharts.in)

Looks like if  61-66 price level holds and the overall market remains positive then It may try to touch 89-99 in the coming months

Best buy would be @ around 62-67 levels. The True Range and avg weekly ATR is around 7 & 10 respectively, 

Hence our targets & stop loss workout to : Target 74-79-84-89-94-99  & Stop loss would be @ 60

Expected time for all targets to achieve is 12-15 weeks

Happy Trading :)

Lawrence Sequeira

Some October 2018 Picks... Part # 1

Hi,

Have a look at this stock.... if overall market remains positive then this stock is likely to continue its upside movement too. 

The quarterly results also seem to be good and there is a dividend coming up ex. date 23-Oct-2018

From the current market price of 69 the best buy would be around 60 for targets of 74-89 in near future. Keep stop loss @ 50

Happy Trading !!!

Trade # 2 for 4-Sep-2018

Hi,

Another stock to watch is SMS Pharmaceuticals Limited

Looking at the price and volume pattern it looks like many have got attracted to this stock. It seems to be fresh in terms on volume play.

People who missed out will try to enter.

The stock has touched a high of 91.50 yesterday 

Quick intraday strategy trade would be :

Buy above 91.55 for target of Rs. 5/- 10/- from the days low or VWAP.

expect the stock to reach 99 if it breaks above 91.50 

For short term bet the best buy is around 76-81 for target of 99-119. 

Stop loss would be at 70

Warm Regards,
Lawrence Sequeira

Trades for 4-Sep-2018

Hi,

Network18 Media & Investments Limited 

 

Date	Symbol	Series	Open	High	Low	LTP	Close	Volume	Turnover (in Lakhs)
03-Sep-2018	NETWORK18	EQ	47.95	54.80	47.60	53.80	53.70	93,34,544	4,937.67
31-Aug-2018	NETWORK18	EQ	45.40	48.25	44.80	48.00	47.55	22,00,077	1,031.44
30-Aug-2018	NETWORK18	EQ	45.20	46.50	45.00	45.05	45.10	4,92,085	224.73
29-Aug-2018	NETWORK18	EQ	43.40	46.10	43.20	45.60	45.70	8,75,083	392.96
28-Aug-2018	NETWORK18	EQ	44.30	44.30	43.25	43.45	43.40	1,74,844	76.49

Stock seems to have given a good bounce with volumes from 43-47 level and it may try to go higher upto its 52 week high of 64.10 made on 15-Jan-18.

Its VWAP on 3rd Sept was 52.89

Trading levels for NETWORK18 :

If the stock opens anywhere between 53 and 54.80

Immediate first trade would be Buy at 55 and Sell 50% qty at 57.4

Sell the rest at / near 59.80-62.3

If the stock opens higher than 54.80

Wait and watch for Buy at 55.10 and Sell 100% qty at 55.80

Warm Regards,
Lawrence Sequeira

HDFC Analysis for Oct 2017 series

Date: 13-Oct-17
HDFC at last close is at 1755
Going by the options activity and the traders footprints on the chart, it seems more likely to target 1779-1789-1799 in the coming sessions.
Stop loss could be at 1740.

If you feel like it short the DITM 1800 OCT PUT and hedge it with OTM 1800 OCT CALL.
If you are lucky enough and HDFC stays afloat 1800+ in october series you may end up making 23,000/- on a margin of approx 90,000/- a clean 26% within two weeks ....

Happy Trading !!!

Random picks for Sept 2017

Date: 02-Sep-2017

Watch for buying opportunities in the following stocks :

1. Axis Bank is currently at 507, best buy would be at 506 for a target of 514,519 & 539 in coming days. Stop loss should be at 500.
Potential profit is 1.58% to 6.52%. Potential Loss could be : 1.18%

2. SBI is currently at 278, if it crosses over 282.5 comfortably then the stock may try to reach 289-294 & 299 in coming days. Stop loss should be at 275
Potential profit is 2.30% to 5.84%. Potential Loss could be : 2.65%


3. Bank of Baroda is currently at 138, if it crosses over 141 comfortably then the stock may try to reach 149-154 & 159 in coming days. Stop loss should be at 135.
Potential profit is 5% to 12%. Potential Loss could be : 4.25%

Happy Trading !!!


Date: 08-Oct-2017
Trade update of above recommendations:
1. Axisbank : Achieved our target of 514 and 519 : Profit 2.56%
2. Statebank (SBIN) : No trade as the stock did not cross our trigger price of 282.5
3. Bank of Baroda: Achieved our target of 149 : Profit 5%

Sept 2017 ROI : Profit 7.56%