Doubt Relief !!

[karthikmarar]

Yes indeed Karthik, After I read your analysis, I added more Hexaware shares (50 shares @102) to my portfolio and I am thankful for your analysis on the stock.

The volumes has been buzzing on this counter..with over a million shares traded for 3-4 consecutive days!

Best Regards,
Kool

Hi cool

Nice to know my analysis was useful. really cool move kool.. . Now it should stay above 115. I am sure it will. It will see some resistance at 120 and 126 above this. Try and get the maximum out of the up move. All the best.

regards

Karthik

 

[anilsharjah]

Dear Karthik


I entered two shares in wrong time. UCO BANK 1500@31 & AMAR Remedies 800@59 . Last two month I am following these shares and lost my hope. Shall I book the loss or wait for some time.

Please help me solve this.


Anil Kumar

 

[karthikmarar]

Dear Karthik


I entered two shares in wrong time. UCO BANK 1500@31 & AMAR Remedies 800@59 . Last two month I am following these shares and lost my hope. Shall I book the loss or wait for some time.

Please help me solve this.


Anil Kumar

Dear Anil

Here is my view on your stocks

Amar Remedies

Technically I feel you can hold this some more time. The ADX is lying low and the overall bias is positive. Presently the stock is consolidating and there is good possibility of this one making a good upward move in the near future. My favorite indicator TRIX is also slowly turning up. Hence you may be able to recover your losses soon. We are in the right track as long as the stock keeps above 49.

Uco Bank

Ohhh.. This one looks miserable on the chart. After the second quarter results were announced this once never really looked up. Though the total income increased by 20% the net profit decreased to 50% compared to the same period the previous period.
The chart looks quite bearish. Presently at 24.8. There is some support around 24. Below that would be 22. Beyond this it would tumble down to below 20. Presently below its medium and long term MA. Currently there is some consolidation and the stock could go for more pronounced move. The overall bias is bearish and for this the probability of move could be downward. Looks like only the next quarter result can rescue this one (if it is going to be positive). It is disheartening to say that the prudent thing would be to exit at next possible rallies. In fact it may be better to exit it this falls below 24. One can put it aside as a long-term investment, but unlocking up so much money when the market is likely to go to higher territories is also pretty sad.

Anil, it is apparent that you are not working with stop loss. Stoploss is very important for successful trading. Even if you had kept a 10% stop loss you would have reduced your losses. Most people consider even 7% as too high. Also never risk more than 2% of your equity on a single stock. And if the stock falls below the long term MA it is a definite exit. Hope you will take care of these in future.

All the best

Regards

karthik

 

[anilsharjah]

Dear karthik,

Thanks for your advise . I will take care in future?

anil

 

[Agilent]

Thanks Karthik, but unfortunately the co's (Mysore Cemet's) current performance trends (and outlook ) still remain mysterious to me ... I mean how can the losses grow so steeply when most other cement cos are minting money..

With your permission (and with no disrespect to your own analytical prowess) , may I throw open this 'riddle' to other members , some of whom may perchance have 'inside' info on Indian cement cos' working, and specially Mysore Cements

People ... please help me solve this puzzle : WHY IS MYSORE CEMENTS FAST LOSING MONEY>>> EVEN IN SUCH PROSPEROUS TIMES ???

I shall forever be grateful to anyone who can enlighten me . MAny thanks in anticipation !!
Agilent

Hi everyone (specially all senior members)

It is with a deep sense of anguish that I have to say : despite three pleas for
informed advice on Mysore Cements (as to why it losing money even in such prosperous times) none is able to enlighten/guide me. Karthik .. you did offer explanation (thanks for that) , but I'm afraid you elaborated mainly on the 'symptoms', and not so much on the underlying 'disease' troubling this terminally sick (?) cement firm.

Surely someone out there (amongst the hundreds of you) is knowledgable enough about the economics of the cement industry, to be able to throw some light on the 'riddle' I have posed .

SO please, please, take a few minutes and explain to me. That alone will explain why the stock is inching down even in such times.

Thanks in advance !
AGILENT

 

[chopra]

Dear Karthik,

Gateway Distriparks Limited has informed the Exchange that the Company has successfully raised US $ 76.50 million through the issue of 15 million GDRs (excluding the greenshoe).Each GDR was priced at $5.10 (Rs.235.16) and represents one underlying share and will be listed on the Luxembourg Stock Exchange. The GDRs were placed through a book building exercise. Citigroup and CLSA acted as bookrunners and Joint lead managers on this transaction. The proceeds of the issue will be used to fund the growth of the Company.

What could be the impact of this on the share price here. CMP 269.


Thanks a lot.
Regards,
Ashish

 

[kitikee]

Dear Karthik,

What is your opinion on Geometric as a long term investment. where do you expect that to be in the next 6 months/1year.

Thanks

 

[nkpanjiyar]

........ This should provide a good accumulating opportunities as Petronet is a great long term story and could prove to be a multibagger. I feel that this is share which one can accumulate and finally it would pay for your kids education or just could be your retirement money..

I would be nice to see contrary view if any..

regards

karthik

Very well said Karthik. No contrary view either. I second your thought. Benefitted a lot in IPO distribution. Indeed its a multibagger in long term.

cheers,
nkpanjiyar

 

[gopii]

Dear karthik
I would like to thank you for all yr effort in replies in details and explanations, and believe me i am learning a lot from yr thread.

my friend re: M.A. and M.A. Crossover what is the period u suggest for the two averages, i.e short term average and long term average, specially for short term trader.

thks
gopii

 

[harmads]

Dear Harmads

Yes, I will check about these ones. Long term picks need some detailed research. I will do it over the weekend. Short term picks seems much easier to do

Regards

Karthik

Dear Karthik

Looking forward to hearing from you on my query

Thanks