Delivery Calls

[Jai.Shewaramani]

Hello

No of Buyers = Sellers is true for trades executed, but as Jai has pointed out Potential Buyers or Sellers willing to buy/sell high or low is what is reflected in price movements (pure demand / supply)

So price will move only when No of Buyers <> Sellers

Regards
Sanjay

Thank You SGM for putting it in a more clearer term

 

[Jai.Shewaramani]

Buy Brittania Only above 1140, stop 1090, target 1200

Jai Shewaramani

 

[prasad_ashish]

Hi Jai,
Can you pls give me your outlook on Era Construction and IVRCL in short term from current level.

Thanks
Ashish

 

[Jai.Shewaramani]

Hi Jai,
Can you pls give me your outlook on Era Construction and IVRCL in short term from current level.

Thanks
Ashish

Era Cons:- Strong support at 300, Strong resistance at 345. Buy on a dip towards 300 for target 340/345 or buy a break above 350 for target 420

IVRCL:- Support at 235/240, resistance at 270. Buy on a dip towards 240 for target 265/270 or buy break above 270 for target 300

Jai Shewaramani

 

[Raju]

Hi Jai,

Can you pls give me your outlook on Deewan Housing in short term from current level.There is good volume in this stock for last 2-3 days.

Thanks in advance
Raju

 

[Jai.Shewaramani]

Hi Jai,

Can you pls give me your outlook on Deewan Housing in short term from current level.There is good volume in this stock for last 2-3 days.

Thanks in advance
Raju

Dewan Housing had given a breakout 4 days back. It's near its target of 90/95. Would be risky to enter now. Buy on a dip towards 75/70

Jai Shewaramani

 

[shethharsh]

HI i entered mahindra gesco at 740 it went upto 836 but now has dropped to 786 . tell me what should i do ?

Harsh

 

[pappuhathi]

hi. am a new member. i have itc @ 185. whats the short term target?

 

[Jai.Shewaramani]

HI i entered mahindra gesco at 740 it went upto 836 but now has dropped to 786 . tell me what should i do ?

Harsh

Gesco should bounce up from 750 levels. Target is 875/900. If you want to hold on and be safe, then put a stop at your cost. If your stop is hit, then wait for a dip to 700 and re-enter the stock.

Jai Shewaramani

 

[Jai.Shewaramani]

hi. am a new member. i have itc @ 185. whats the short term target?

You have bought ITC very close to it's target of 190/192 which is acheived. Now it has to face some resistance before having any chances of going up. The resistance is at 195/196 and if broken, then it should see 205. Presently place your stops at 174. In case you want to add to your position, then buy at 180 with the same stop loss.

Jai Shewaramani