New Intermed Uptrend!!

[heartchakra]

Dear Saint,

Thank you for answering my query on uptrend in Mphasis. You mentioned a high target of 220 + ....appx what period are we talking about here? Also, can you please tell me where I should place SL ??

Thanks a lot,

HC

 

[smatrix]

Geometric

Looking good for last few days.
would like to hear on this from seniors

 

[ragh_ash]

hi saint,
seems u r busy somewhere else?
but man, keep posting. though i am sure people on this forum take investment decision based on their own thinking, still it is always nice to have second opinion from somebody who has been there, seen that earlier.
keep the good work up.
we all guys who log on just to read u r post are very appreciative of your selfless work.
regards
ragh_ash

 

[srikrp]

Hi Saint,

I am a new member here. Can you give your views on Teledata Informatics. Fundamentally, the stock seems to be good. Low PE and good growth.

Still, the price seems below par. Can you give your views technically. If you have any fundamental views, do tell me..

Thanks in advance
Srikanth

 

[Saint]

hi saint,
seems u r busy somewhere else?
but man, keep posting. though i am sure people on this forum take investment decision based on their own thinking, still it is always nice to have second opinion from somebody who has been there, seen that earlier.
keep the good work up.
we all guys who log on just to read u r post are very appreciative of your selfless work.
regards
ragh_ash

Hi Ragh_Ash,

Thank you for those very kind words.Always great now and then to get a pat on the back............and to keep going.Once again,thank you.

Saint

 

[Saint]

Hi Saint,

I am a new member here. Can you give your views on Teledata Informatics. Fundamentally, the stock seems to be good. Low PE and good growth.

Still, the price seems below par. Can you give your views technically. If you have any fundamental views, do tell me..

Thanks in advance
Srikanth

Hi Srikanth,

Had been keeping an eye on this one the last few days.No idea about fundamentals though.

TELEDATA :Looking good.Making a higher pivot low and looking set to take out previous pivot highs.That wide range bar in the 2nd week of November at the bottom is bullish.The subsequent retarcement within the top 1/3 of that wide range bar is added bullishness.Weekly TRIX and RSI showing bullish divergence..........meaning we can take our chances going long on this one with stops in place as always.

Let it clear the previous pivot high of 28.5 and demonstrate strength.Buy once it touches 29.Stop of 24.2.Add over 35.
Target=Use trail stops and let's get as much as possible.

Happy Trading!
Saint

 

[Saint]

MPHASIS BFL:Monthly and weekly making a higher pivot low,breaking out of a symmetrical triangle that has lasted nearly 2 years.Looking good to resume uptrend.

CMP=143.75.Buy here with a stop loss at 125.Target of 220.(all this if the broader market does not put a spanner in the works!)

Happy Trading!
Saint

 

[Saint]

SAREGAMA:Nice volume coming into this one.Nice range bound sideways move for the last 5 months before threatening now to resume its uptrend.Keep a stop loss at 180,with a target of 275.

Happy Trading!
Saint

 

[Saint]

Re: Geometric

Looking good for last few days.
would like to hear on this from seniors

Hi Shirish,

Geometric :The steepness of that fall followed by this comparatively feeble low gradient rise is not very encouraging.Moreover,the monthly stochs suggest we are not yet done on the downside as yet.Suggest we look for better ones out there.

Saint

 

[Saint]

Dear Saint,

Thank you for answering my query on uptrend in Mphasis. You mentioned a high target of 220 + ....appx what period are we talking about here? Also, can you please tell me where I should place SL ??

Thanks a lot,

HC

Hi HC,

I focus on timeframe that I am trading rather than timespan of the trade.......but if you want me to hazard a guess,I'd put it at 3-6 months.But a guess is just that,I suppose,a hazard............basically,I'd rather trail stop till out,even if falls below expected target or exceeds it.

Stop of 125.

Happy Trading!
Saint