Gains !!!!!

[shrinivas]

Markets shot up yesterday..thanks for the infy show.....else if you look at morning moves, one was sure markets had to look downside for sure..but infy saved...

current markets look totally unjustifiable to me...I've though, taken advantage of it.....now i think that this short term uptrend has reached peak and one can see down from here........

BEWARE....

ganeshhity

 

[shrinivas]

The US markets not showing positive now....
other factors also negative...

I think the southward journey of indian indices on monday should not stunn anyone..

ganeshhity

 

[shrinivas]

The US markets not showing positive now....
other factors also negative...

I think the southward journey of indian indices on monday should not stunn anyone..

ganeshhity

hope people took note of this post on 15th July..If not, take it now...

stand aside..or make step by step investments now..play with strict stop losses...

my suggestions would still be to stand out...
all the best..

ganeshhity

 

[shrinivas]

Ranbaxy had enough beating now...one can start picking this up..and go long on this investment...atleast 1 year hold to get good profits...I hope public is well aware of it's recent acquisitons in Israel and other parts of world....one can start buying as soon as the uptrend is confermed in this stock(I still we are near to bottom of this stock)....this stock has burnt many fingures, so general public may be worried in picking up..but management problems, finance problems etc. are over now....My personal belief, it will show good run this year..

Bharti also looks good..will move up with sensex....already on lows now..can think to enter with each dips now...

ITC, Guj Ambuja...all time greens..can be picked if go down 5-6 Rs from current levels.......

Ashok Leyland......good time to buy now
MTNL..very good buy at current levels

Baja Hindustan and Balrampur Chini.....Wait for govt. policies......export policies can bring up/down them drastically...but i'm still hopeful in both these..

will discuss later other stocks..

as of now....watch and buy when the uptrend resumes....Though the knife is falling (as saint says), still watch carefully.....I believe we are heading for a drastic downtrend (sorry, too early comment).....but still, the valuations have started becoming attractive all of a sudden again..

all the best

ganeshhity

 

[amitt29]

Good observations my friend,or as our beloved Czar wud say good Sense(X).
Warm Regards
Amit.

 

[shrinivas]

With a upwards rally recently in this down market (forgive me if i'm using wrong terms), I expected some pullback.......See the nifty levels today, there was a small fight

my sincere suggestion to stay away as of now...July may see drastic days which would be worse than earlier falls.....I'm having the date of July 20th in mind, if market shows any negative journey, it has to be then.....but one never knows, it may be today, tomorrow...any day.....

will update later...seniors please check if I'm looking at charts the other way..

A firm close above 3200 would definitely prove me wrong......

ganeshhity

Hope people took note....now probably the extreme has to come......
better buy at dips at some downside now.....

ganeshhity

 

[judemit]

Hope people took note....
ganeshhity

Thanks to you and Saint, thats what i did.

now probably the extreme has to come......

ganeshhity

I guess we are looking for some more choppy sessions before a clear picture emerges. Please comment.
Thanks in advance

 

[shrinivas]

A A aaaa......
I've exited most positions again today...I hope people also doing same...flow with the trends as of now....

i had mtnl bought recently at 138 levels...sold at 148 today.....
Guj Ambuja bought at 98 levels...sold at 105.6 today
Holding back ITC purchased at 162...cmp 168..
holding back ashok ley...av. purchase price 31...cmp 33.20

will exit tomorrow from last two if get something above now....

all trades are of less than 7 days....

Dear members, this is the time to analysis and enter at dips...the valuations become pretty appealing when nifty goes back to 3050 levels...a good time for traders......so wait for dips now...as of now..EXIT

ganeshhity

 

[dominicsp]

Hey Ganesh,

Thanks for you tips.. it helps newcomers like me to think differently and make some money. Any new tips for the following weeks please share

Regards
Dominic

 

[shrinivas]

Hey Ganesh,

Thanks for you tips.. it helps newcomers like me to think differently and make some money. Any new tips for the following weeks please share

Regards
Dominic

Ahh, no tips will do...sheer commensense does all the trics...wait for fall, buy as soon as uptrend resumes...even if it gets down from your buy price, hold it for a span of 1 year, you'll be in profits...the pricing is good at current levels, but this up and down disco will let you make money even at so low prices.......trade with strict stop losses...and you win the trade....

all the best !!!!!

ganeshhity