Building Up A Portfolio At A 7000 Level

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Zenith Inf: CMP 139

This counter has just broken out.

You may expect more upside in the counter.

Also could look at GTC Industries

Thanks and Regards
Supratik
 
Hi Supratik,
i,m a new member,please tell me whether we have to consider the major correction in market before entering the above counter?what will be the stop loss?and what time we assume when saying short,medium,long?(people consider different time frame as they like),is it better we use 2w,3m,6m etc
help me:)
Regards
 
HI Supratik

I would appreciate if you give me your valuable opinion on YES Bank. I am a little cautious as its a new entity and there is not much info available.

Thanks
 
Hi All,

Look out for a short term bull in Kirloskar Electric Code 590052.

CMP 140.9 . I would say a target of 170 odd level is achievable.

Visual Softwares CMP 150, you could start averaging out Visual.
The counter has shown weakness over the past few days.

I believe there are no -ve news on the counter. Please let me know if anybody has come across any news that impacted this exponential drop.

Thanks and Regards
Supratik
 
Last edited:

AMITBE

Well-Known Member
Hi Supra...though I'd make a posting on Visualsoft.
Recently, early Jan it made a double top in the 260-266 area. The previous top here was in Jan '04 on both weekly and daily charts.
Later end Jan this year I had also called it as 230 area then looked like a good support. This was just a little before it announced flat results. Later then, stops were triggered.
Now, Visualsoft has just broken below 152-149 an important area of contention over the past two years. 135-138-142 are important supports now to watch for.
Below here there are several supports all the way to 120.
I'm not aware if the fundamentals are so poor for this kind of a bashing, but this is very likely a tecnical break down.
A move above 160-172 is the least it has do do now, and sustain it. At that point one could assess again.
All the best.
 
supratik said:
Hi All,

Look out for a short term bull in Kirloskar Electric Code 590052.

CMP 140.9 . I would say a target of 170 odd level is achievable.

Visual Softwares CMP 150, you could start averaging out Visual.
The counter has shown weakness over the past few days.

I believe there are no -ve news on the counter. Please let me know if anybody has come across any news that impacted this exponential drop.

Thanks and Regards
Supratik
Visualsoft Merger with Applabs has been called off . ( As per MMB ) . Maybe that is the reason and again from MMB that Mutual Funds are selling

Regards
Vinsu
 
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