New Intermed Uptrend!!

[Saint]

Hi Saint!
Nice move in KEI Industries today!

cheers
vizzie

Yep,noticed.............great going,vizzie!!

Saint

 

[Saint]

Valecha Engineering-Speeding up the Expressway
BSE 532389; CMP Rs 260; BUY
12 M price target: Rs 400
Upside: +73 per cent

The Rs 140 crore Mumbai based Valecha Engineering, is all set to enter the big league. This small cap construction company which has hitherto focussed on building roads and highways in the past, is now scaling up business operations to include Airport runways, .............................


.................... from now a Rs 145 crore organisation could very easily have become a Rs 500 crore outfit with a substantive increase in profitability. This when the Equity would have merely doubled up to Rs 10 crore after the already announced equity placements are undergone.

I think the current price of Rs 260 is a good entry point for this stock.

BUY.

Hi Lavanay,

Appreciate the great write up.Would have been a greater service if you had put this in a new thread,could've been appreciated by more.Technically,Valecha is looking good to continue its uptrend.

All the best!
Saint

 

[vizzie]

Hi Saint!!

Still waitin for ur views on these counters.. HMT@99 indiainfoline@145 punjab tractor@220 saregama@206


whenever u find time..

cheers
vizzie

Hold all three for now,vizzie.........am tied up right now,shall give you detailed explanation a bit later.

Saint

..

 

[gandharvashu]

Hi!
HMT, Punjab tractors, and India Infoline are likely to move sideways for sometime and then give breakout. Only Saregama if it sustains above 200 will move further, otherwise, it will also consolidate.

 

[gandharvashu]

Hi Saint!

Plz check this out for me Bharat Gears. I think it is ready for breakout. What you say.

 

[srikrp]

Hi Saint,

Can you tell me a simple method to plot moving averages .. 3, 13 or 39 day. Is there any software or any website which can be used to do this? Do we have to do this manually or can prices be taken directly from the stock exchanges.

This may sound like amateurish.. but would request your help.

Thanks in advance.

Regards,
Srikanth

 

[Saint]

Hi Saint!!

Still waitin for ur views on these counters.. HMT@99 indiainfoline@145 punjab tractor@220 saregama@206


whenever u find time..

cheers
vizzie


..

Hi Vizzie,

Sorry about that,my friend.Was in Bali last 1 week........just came back.

HMT :Nothing wrong with it so far.It 's a HOLD.Presume you are not looking for the long haul.Then,keep stop loss at 92.

PUNJAB TRACTORS :Had called it at 199-200.Am in it myself.The monthly and the weekly are looking set for a neat run up.Definitely a HOLD.But don't expect gains in days.In this we are playing for bigger gains in a larger time frame.

INDIAINFOLINE :Also a HOLD.Keep the stop loss at 135.

SAREGAMA :Once again,we are playing for bigger gains in a larger time frame.Not the 2-3 Rupees in 3 days business...........that huge basing on the daily,expect a huge run up,but gotta give it time.Definite HOLD.

All the best!
Happy Trading!
Saint

 

[Saint]

Hi Saint!

Plz check this out for me Bharat Gears. I think it is ready for breakout. What you say.

Hi Gandharvashu,

At present,BHARAT GEARS is in the middle of a downtrend,but a turn around here makes it a higher pivot low and therefore a juicy buy.A break below 78 and we continue this dn trend.A break above 83 and we could be moving up,with confirmation of an uptrend coming if we close the week over 95.So,now a wait and watch.If aggressive,could take a buy in this one over 83 and add over 95,but the stop loss is at 78......Breaking that number,stay out of the resultant fall and get it at lower prices.

Nice find,my friend.........Great going!

All the best!
HappyTrading!
Saint

 

[chopra]

Dear Saint,
Sent a PM to you.
Best Regards,
Ashish

 

[Saint]

Dear Saint,
Sent a PM to you.
Best Regards,
Ashish

Sorry bout that,my friend!Shall answer you after market today.......apologies!!

Saint