New Intermed Uptrend!!

[ajesh]

hello all members

i am new to market and this forum

i am holiding ashok leyland
sbi amd ril at @ of 30.36, 886.54, 693.71 respectively should i purchase more of sbi and wht is the future of ash ley

 

[Saint]

Re: Gujambuja

Saint bhai plsssssss help. purchased gujambuja at 95 today... such a stupid. now wht shud i do? hold or average and exit? pls help with data...

Thx in anticipation & regards,

njoyyyyyyyyyyy

Hi Sachin,

First of all,please ,please have a ready stop loss area before you enter the trade.In this case,I do not know how much you've bought and whether you had share sized properly.......But,if it were me,I d see how tomorrow pans out.If this falls below 88,I 'd get out.Else,I 'd hold.

Saint

 

[joy_verma]

hi saint,
I am also Keeping an eye on arvindmill. Looking carefully at the falling
wedge, and also on the macd,and RSI Positive divergences that this
scrip is showing for the past sometime could be an interesting scrip
to buy if it breaks on upside
Regards,
vinay

 

[Saint]

hi saint,
I am also Keeping an eye on arvindmill. Looking carefully at the falling
wedge, and also on the macd,and RSI Positive divergences that this
scrip is showing for the past sometime could be an interesting scrip
to buy if it breaks on upside
Regards,
vinay

Hi Vinay,

Agreed ,my friend........looking good.

Saint
ps:You have a nice thread going based on Elliot Waves.Fascinating stuff,great thread,keep it running.

 

[ajesh]

no one to help me

 

[joy_verma]

Thanks saint. My work is too small compared to Yours . I am only Tracking one index while you are tracking whole universe of stocks for those who need help which is
so difficuilt to do. Great service to the Trading community my friend.Hats off to you saint.
Regards,
vinay

 

[moneylaundrer]

Hi saint,

noticed that u mentioned weekly pivots in ur TA of scrips
I wanted to use this indicator as well but couldnt know which type of pivots(classical,woodie,camarilla?) to use.
And how to come to a value for weekly pivots(as in is it a simple average of daily pivots or another formula)
As u can c from my questions i dont know much about this..
Ne elaboration on this would be a great help

Regards
ML

 

[Saint]

hello all members

i am new to market and this forum

i am holiding ashok leyland
sbi amd ril at @ of 30.36, 886.54, 693.71 respectively should i purchase more of sbi and wht is the future of ash ley

Hi Ajesh,

The below was a reply to you by Amit on "Some Good Steals".

Hi ajesh, on Ashok Leyland...despite being one major player in its sector it has disappointed the investors and yet continues to have the faith of many. Even so, its a good defensive investment counter. Stay invested there with a s/l at 29. A close above 33 should set up a rally.
SBI with entry at 896 can be cosidered high entry even if this is the leader amongst the non-private Banks. It's a great counter to hold in your kind of time frame, but I would seek an entry lower. Keep a tight s/l at 875 should it correct and look for an entry lower down. Some supports are at 865-846-830 and consider entry at evidence of support around any of these levels. To the up a close above 923-926-929 would set up at least a 30 point rise.
Reliance is a top counter to hold and can be accumulated at dips. A close above 715-722 may result in a strong move. S/l 672.
Ranbaxy I would suggested another round of correction. 350-360 if holds at some pont, would be a decent entry.
On BOB IPO...I'm not too clear at this point and I don't know the price-band. It's come out with strong numbers and zooming for now. Keep it on your watch list to come in lower. It's a strong counter.
Regards.

Saint

 

[Saint]

Thanks saint. My work is too small compared to Yours . I am only Tracking one index while you are tracking whole universe of stocks for those who need help which is
so difficuilt to do. Great service to the Trading community my friend.Hats off to you saint.
Regards,
vinay

Thank you for your kind words.......


Saint

 

[ajesh]

thank u amit and saint