New Intermed Uptrend!!

[nirmald]

Nirmal kotak securities has given target of Rs 355 for Aegis Chem. So hold as long as the market is up.

Dear John,

Thanks for the reply. Sorry for thanking u so late as was away and cud not login for some time. I will stay put with aegis for the time being.

Rgds
Nirmal

 

[nirmald]

Hi Nirmal,

How are you keeping,my friend?Hope all's well with you.........Great going on AEGIS.Nothing to be done for now,It's a HOLD.Raise ur stop loss point to 253.You are in clear profit on this trade.For now do nothing but raise stop losses till stopped out.

Great trade!!

Happy Trading!!
Saint

Dear Saint,

Advice taken, i shall follow a trailing SL for this and thanx as always for ur prompt reply though i m sorry for responding so late as i was away for some time and did not login. even i was worried for some time when i did not see ur reply for a few days well now u r back its comforting.

Regards to you

Nirmal

 

[karthikmarar]

Saint

Mphasis BFL and Karnataka Bank great calls ....as you say... keep em coming..

regards

Karthik

 

[Saint]

Hi Saint,

Can you please mention SL and Target for Ranbaxy (planning to enter it and would appreciate your comments on SL and Targets).

Thanks in advance.

Regards,
Ashish.

Hi Ashish,

Actually meant by that post to get into some other better looking play,other than Ranbaxy.

All the best!
Saint

 

[Saint]

Saint

Mphasis BFL and Karnataka Bank great calls ....as you say... keep em coming..

regards

Karthik

Thanx Karthik........

 

[srikrp]

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

Hi Saint, Thanks for this. Appreciate your time on this.

Regards,
Srikanth

 

[Saint]

Dear Saint,

Advice taken, i shall follow a trailing SL for this and thanx as always for ur prompt reply though i m sorry for responding so late as i was away for some time and did not login. even i was worried for some time when i did not see ur reply for a few days well now u r back its comforting.

Regards to you

Nirmal

Hi Nirmal,

Nice move in AEGIS today........great going! Hold the same stop for now.

Saint

 

[Saint]

Hi Saint, Thanks for this. Appreciate your time on this.

Regards,
Srikanth

Most welcome!

 

[vizzie]

Hi Saint!

KEI Industries looks good on charts.
Looks set for a nice move.
Though a little overbought.
What is ur take on this??

cheers
vizzie

 

[Saint]

Hi Saint!

KEI Industries looks good on charts.
Looks set for a nice move.
Though a little overbought.
What is ur take on this??

cheers
vizzie

Hi Vizzie,

KEI INDS :Agree with you totally.........looking good!Weekly charts just about making its move.Nice volume coming in.That wide range breakout bar on the 31st of Oct never got negated with all subsequent trading in the coming weeks staying in the top half of that bar.ADX had indicated a buy a few days back as well.Overall,looking good.

Buy with a stop loss of 187 and share size accordingly.Trail stop upwards and get the max as possible.

All the best!
Happy Trading!
Saint