Intraday calls

[n_arvind2000]

Who have entered around 332-335 should book some profits here....

Who have missed Gitanjali try to enter around 338-339 levels...and hold

 

[n_arvind2000]

Who have missed Gitanjali try to enter around 338-339 levels...and hold

who have entered around 338 levels..add few more @ 332-334 ....

 

[n_arvind2000]

NIFTY spot 6065.35 -56.25
Gitanjali still holding...... 333-334 levels....

guys........gitanjali today trading above 340...convincingly will hit 350+++++++++++ soon.....trade with small qty.....

 

[n_arvind2000]

NIFTY 6034.55 -87.0

Nifty crashed....time to enter now...
gitu hold it...now around 331....

 

[n_arvind2000]

weak heart traders...close the terminal..and open after 1-2 hrs ...

Gitu...near 331....and NIFTY spot 6004.55 -117.05

 

[n_arvind2000]

Guys...i will not be available for another 1-2 hrs...

Nifty spot 5960-5980 is good time to enter....

I'm maintaining my stance that gitanjali will cross 350 and above..... Have patience
As soon as i'm back..will update you..the same.... Hold on guys............ we will rock...

 

[n_arvind2000]

NIFTY 5974.45 -147.15

if 5960 did not hold..next 5920-5930 should be watched carefully.....bounce will be effective from 5930 odd levels...

Who are still holding Gitanjali ...HOLD it for BTST.... upside is left in that....we will recover soon....

Quite disappointed with todays performance...sorry guys....
Aslo add Orchid also for BTST....

 

[n_arvind2000]

5970 is a good sup level for NS. Todays slide is because of selloff in china mkt Though official announcements is not there shangai faced selloff expecting monetary tightening by china. But commodity mkt is not this much panicky So expect some bounce thursday.

Lupin, Tata power, IRB can be bought with short term view..

for Gitanjali...it has corrected 15-17% in 2 days.... should give a bounce back..soon... Braveheart traders...stay with me...

 

[smartboy]

No need to apologise Mr. Arvind. You are also human. Even Sachin has his rough days. We are very much with you. Great going

 

[n_arvind2000]

Lets look into Gitanjali Techinicals

Trend line is Bullish but 5-day swing is on the downside..

S 2 S 1 Pivot R 1 R 2
282.25 296.95 319.90 334.55 357.50

Also 5 Day RSI - 32 and 14 day RSI - 52
If market holds 5930-5910 levels... bounce back is imminent.

Results looks positive going forward: Gitanjali Gems Q2 cons net profit up 54.62% at Rs 80.4 cr as against Rs 52 crore.

Consolidated revenues were up 42.74% at Rs 2,509 crore from Rs 1,757.7 crore (YoY).
The company's trailing 12-month (TTM) EPS was at Rs 18.42 per share (June, 2010). The stock's price-to-earnings (P/E) ratio was 17.83. The latest book value of the company is Rs 241.60 per share.


Mitesh Thacker has active buy calls on this...Thacker told CNBC-TV18, “Gitanjali Gems still looks pretty good in the sense that while we have seen a correction today the stock price has had a very good run for the last couple of months and it’s broadly correcting it so the broader trend still remains up. I think corrections like this probably you might have few more days of time wise correction as well as some more pricewise correction still left. Once that is through if there is a good base building activity happens here I would be probably comfortable getting into the stock again.”

Hope that tide will turn soon...and we will ride...the rally

Have a nice day... guys