Alok Industries - Mid Cap Stock Pick

[andy]

Alok Tex now at 66.5 area.....if we close like this,we in breakout territory!

Happy times are here.... at www.Traderji.com (remember the old Thums Up ad?)

Well I have been too busy following Traderji's recommendation and enjoying it too!

keep up the good work at www.Traderji.com!

 

[Saint]

I second that,Andy........Thanx Traderji/TradersEdge!!!!!

 

[Sandy]

YES you can BUY now!

If it breaks out of 66 you could see the stock go up yo 95.00 - 100.00

Closed today @ 69. Time to enter into the stock.... Best wishes to all!!!

 

[keenes]

Another nice pick. Thank you for helping us make money.

 

[sanagarwalsan]

Thank u

 

[vikasdewan]

Hi Traderji,
After breaking out, Alok went to around Rs.75 levels and is now correcting and at Rs.68-69... Should one hold on to the stock and till what level?

Any stop-loss you can suggest at this stage?

 

[Traderji]

Hi Traderji,
After breaking out, Alok went to around Rs.75 levels and is now correcting and at Rs.68-69... Should one hold on to the stock and till what level?

Any stop-loss you can suggest at this stage?

The stock could correct down to 64.00 - 66.00

Keep you stoploss at 59.00

 

[lavanay]

HI, Trader Ji,

Can you please let m eknow that if it is 100% sure that textile quota regime is gonna go....

 

[investock]

Hi, Traderji,

Alok is forming a double bottom ? What will be direction now ?
Thanks

 

[kkz59]

I think there are other value picks in the textile industry. Alok's equity has increased and is one of the highest.

Instead, one could switch to other counters which offer scope for faster appreciation. I would suggest Amar Jothi Spinning Mills (It was also recommended by India Infoline). Amar Jothi will reach 100 faster than Alok.

What's your views Traderji ?