Delivery Calls

[Jai.Shewaramani]

I think BOC at current price is good buy for delivery....as volumes are increasing from the last couple of days.

Suggestions are invited.

Hiren.

Good observation Hiren. You can Buy Boc anywhere between 160-180 levels with a stop loss below 150, and target of 210/230

Jai Shewaramani

 

[Jai.Shewaramani]

buy cipla sure to touch 170 soon

Hi Chetankc1
Did u mean 170 or 270? Cipla has an immediate (minor) resistance @ 258. Above 258, it will go to 270/280

Jai Shewaramani

 

[Jai.Shewaramani]

Any thoughts on Bombay Dyeing? CMP is 670 and its has been gaining by leaps and bounds for the last few sessions.

Bombay Dyeing has had increased volumes on the 14th and 16th. It has a resistance at 702/705. Above 705, it should touch 780. And above 817, it should jump to 900 (too Optimistic)

Jai Shewaramani

 

[Jai.Shewaramani]

Minor resistance for SUN TV @ 1390 levels...Above 1400, next target is 1500

Jai Shewaramani

 

[jagadeesh]

Hello Jai,
What is immediate target for NALCO. I have bought @196

Cheers

 

[Jai.Shewaramani]

Hello Jai,
What is immediate target for NALCO. I have bought @196

Cheers

Stop loss for nalco under 189, 1st target 208/210. 2nd target 230

Jai Shewaramani

 

[Jai.Shewaramani]

Buy Mahindra Gesco above 915, stop loss 820, target 1150/1240 (Short/Medium term)

Jai Shewaramani

 

[Jai.Shewaramani]

Bombay Dyeing has had increased volumes on the 14th and 16th. It has a resistance at 702/705. Above 705, it should touch 780. And above 817, it should jump to 900 (too Optimistic)

Jai Shewaramani

Bombay Dyeing broke the 705 resistance barrier. it should see 775/790 next.

Jai Shewaramani

 

[agupta]

Bombay Dyeing broke the 705 resistance barrier. it should see 775/790 next.

Jai Shewaramani

Good call on Bom Dye. I got in at 670 as suggested and exited at 700. Now I have again taken exposure at 715, CMP 730. Good call all the way. Thanks Jai.

 

[Jai.Shewaramani]

Bombay dyeing made a high of 742. Hope everyone had trailed their stops to 700, which was the price where we entered the scrip.
If you did infact keep a trailing stop, as I've always insisted in my posts that a trailing stop is of utmost importance, you must have booked profits or closed the position without any losses.

For those who didn't keep a trailing stop, all is not lost. Bombay dyeing is retracing as profit booking has been seen at higher levels. It has a support at 623 and then 600 levels now (596 being the 61% retracement level). Below this level, we might see 550, and then 500.

P.S.- Bombay Dyeing has still maintained a bullish sentiment. Only a drop below 500 will change the sentiment to bearish.


Jai Shewaramani