Trading / Short term ideas

Please share your trading ideas and short term ideas here. Please try to make your ideas simple by explaining it a bit .
dec 2015

 

I think heritage foods is good trading idea at rs 565. because it has backing of vijay kedia and expect it to be a multibagger by 2020. target price would be 700 in 3 months.

 

Heritage up 2%

 

L&T and Elantas Beck are beaten down stocks. Share Market Expert Mr Rajesh Tambe (Remember D-Street ka Don telecast on Zee Business a few years ago) feels that L&T has a target of 3000 and Elantas 2500 within 1 year. Mr. Tambe also feels that Ashok Leyland has a target of 250 within 1 year.

 

@New_Investor l&t is a good bet i think . dont know about elentas and ashok leyland.are you trading in these?

 

Not sure about 250 but Ashok Leyland does look very good fundamentally as well as technically.

Can give 50-60% returns very easily in the next one year. In the CV space I have highest conviction on Ashok Leyland.

In my opinion AL will outperform other commercial vehicle makers.

 

I have Ashok Leyland. Bought Ashok Leyland at various levels 21.8, 13.38, 13.24, 24.81, 29.98, 35.62, 70.42, 75.2, 73.24, 83.09, 85.8, 88.5, 88.91, 89.21, 87.71, 89.16, 88.86, 90.72. May buy more.

 

Railway stocks during Dec end to mid Feb before budget easily gives considerable upside every year.
Now all crude dependent stocks, including plastic, tyres etc should give good return before every quarterly results with reducing crude price .

Thanks,
Prashant

 

@New_Investor you bought AL all the way to 90. how many share you hold?

 

Recently I have bought some more SKM Egg Products (apart from the shares which i hold in long term portfolio) for short term gains at around 170 levels.
I expect a good dec qtr result and expect the stock to touch 240-250++ levels after the result announcement.
Planning to sell the trading shares after the result announcement and bring down the cost of the shares which I hold in long term portfolio.
Just sharing my personal view and personal trade. Not giving a call to buy.

 

good bet @Parin Gala i also like skm for short term.
parin how much of your porfolio is allocated to short trading ideas? i bets only 5-10% in trading

 

Yes 10% fund allocation to trading. Trading profit helps to bring down the cost of portfolio shares and generates some cash flow too.
SKM is a "techno funda" trade for me. Looking very strong on the charts. As well as fundamentally strong momentum can build up once dec qtr results are out. I personally expect this qtr to be very good for the company.
Also doing small swing trading in Sudarshan Chem

 

@Parin Gala bro.any new trading ideas?

 

HOW SHOULD ONE SELECT ANY TRADING OR SHORT TERM IDEA. How to find -if future price level of an idea is due for further upmove or correction? Kindly elaborate .

 

No. SKM is the only trading position I hold as of now. Expecting big upmove after Dec qtr results are announced.

 

Its a combination of technicals and fundamentals. The stock should be strong on the charts, the trading depth should be above normal average. And there should be a possible fundamental trigger (good result, some corporate announcement, some sector specific possible news, etc) which can propel the stock to higher levels within a couple of months. It does not always work. But when it does, you would make 30-40% in a couple of months. And if it does'nt you should be ready to exit with a proper stop loss in place.
In my personal case, I make profits 8 out of 10 times. 20-30-40% return in each successful trade easily covers up the 10-12-15% loss in the failed ones

 

THANKS. But Ye dil mange more. How to know the news is not fully priced in and correction is not due?

 

@ Mr Parin Gala - If it is not your secret findings , can you share some ideas showing forthcomig (expected) upmove on charts.

 

I have some scrips on the radar. But no point sharing unless I am totally confident about it. Will definitely share here when I find something worth trading

 

With due respect, my suggestion in this regard is -I am sure one will find some inputs from members also for consideration if one is forthcoming. THIS IS HOW ONE CAN IMPROVE BY TAKING ADVANTAGE OF FORUM .EVOLUTION MUST CONTINUE !!!