New Intermed Uptrend!!

[mkshekar]

Hi saint. thank you very much for your concern really. Now that i have made a mistake in buying it when it dropped down,I 'll try to sell it today at a decent price if possible. could you pl. look at the charts and let me know if the stock DIVISLAB is at the support line. and weather it would not go up from here in the short term?

 

[avinash]

Hi Saint,

Could you have a look at HMT.....it broke out of an asc triangle(I think) and now pulling back.....I know the market is not looking good,but still,what is your opinion on this stock?

Thx in adv

Avinash

 

[jraj]

Hi Saint,

Could you have a look at HMT.....it broke out of an asc triangle(I think) and now pulling back.....I know the market is not looking good,but still,what is your opinion on this stock?

Thx in adv

Avinash

What is an asc triangle? Sorry still new.........

JayRaj

 

[jraj]

Hi Saint,

What is your opinion on Balrampur Chinni.......can enter now?or wait?

Jay Raj

 

[Saint]

Guys,

I was wondering if anybody has this book.
It is from www.stockteacher.com called "The StockTeacher Method" or "The DayTrader MEthod".

Would any of you (who has it) be interested in sharing it with the forum members?

Thanks
Prashanth

No idea,Prashanth...........sorry,my friend!

Saint

 

[Saint]

What is an asc triangle? Sorry still new.........

JayRaj

Hi JayRaj,

Shall explain later............maybe after market hours.Good to know that you are eager to learn.

All the best!
Saint

 

[Saint]

Hi saint. thank you very much for your concern really. Now that i have made a mistake in buying it when it dropped down,I 'll try to sell it today at a decent price if possible. could you pl. look at the charts and let me know if the stock DIVISLAB is at the support line. and weather it would not go up from here in the short term?

Hi mkshekhar,

Can't help you much,except that we are near an area of congestion at around 1440-1470,and may get a bounce..............but my friend,this is the problem.When we do this,now we hope the trade bounces,we
hope that the area of support holds,we hope that we get our prices back.The trade is no more in our hands..........it is in the hands of the market,Luck,God,etc.

Chances are we'll get a bounce..........I hope so.

All the best!
Saint

 

[Saint]

Hi Saint

I am back after a while.. took the most needed break from work..

Suggest some opinion on

Pantaloon Retail
GAIL
UTI Bank
Dr. Reddy.

Would appreciate it

Thanks

Nishant

Hi Nishant,

Welcome back !!! Hope you had a good time........... a break is good for the soul.,rejuvenates you............great!

Got the same advice for you on all the above plays if you are looking at them as long plays over an intermediate to long term................Sidelines for now,wait n watch,the correction is still not over,for now sit on your hands and track them .

Great to have you back!

Saint

 

[Saint]

Hi Saint,
I asked you earlier about entering in WIPRO at current level and you said if it sustain above 385, then you can enter. I am watching this counter since then and it sustained above 385 level. What do you suggest now ?
I have 200 Hexaware @113 and after long time it has recovered from dip. In past few days it's recovering. So is this a hold or I should sell it at this level ?
Geometric s/w and Tata Power is also very low currently.
What do you suggest about these counters. Pls suggest.

Regards
Ashish

Hi Ashish,

HEXAWARE : Depends if you are in this for the long haul...........if so,HOLD,if more short to intermed,SELL around 125........stalk it for an entry at a later date.

WIPRO:Nice breakout,and as correctly said by you,holding over 385......Personally am not too happy with the way market is to jump in right now.On the other hand,if you are a more aggressive player,you could enter here,preferably only 1/2-1/3 positions with a stop at 381.

GEOMETRIC :Stay away........this is worse than a falling knife!Don't hurt yourself getting into this one.

TATA POWER :Uptrend still holding.......but no clear buy signal as yet.Hold off for now.

Whatever you do at this time in the market is High Risk........so careful,my friend!

All the Best!!
Saint

 

[Saint]

Hi saint. thank you very much for your concern really. Now that i have made a mistake in buying it when it dropped down,I 'll try to sell it today at a decent price if possible. could you pl. look at the charts and let me know if the stock DIVISLAB is at the support line. and weather it would not go up from here in the short term?

Hi mkshekhar,

Hope you are out around the 1490's today earlier on..........if not it's down to 1440 now.Hope you are out ,my friend.........and if out,please ....now is the time for sidelines,my friend!

Saint