New Intermed Uptrend!!

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Dhanan said:
Thanks a lot Saint. I had entered at 120 level. Some people tell me that targets are very high even frfom current level.
Hi Dhanan,

KCP LTD making its corrections,weekly still looking great.Nice entry at 120,now raise stops to 148.Allow it the room to do its thing.You are in profit zone even if stopped.Nice hold.....

Saint
 
Dear Saint.

What you say about Arvindmills. Why is it dipping and how long? I am holding almost 500 and would want to keep for 1 year. Any chances that the stock will see a better tomorrow..

Also keen on Clutch auto & Phoenix Lamps for a 1 year period. Any views on these 2 stocks.

Thanks

LAwrie
 
lawrieking said:
Dear Saint.

What you say about Arvindmills. Why is it dipping and how long? I am holding almost 500 and would want to keep for 1 year. Any chances that the stock will see a better tomorrow..

Also keen on Clutch auto & Phoenix Lamps for a 1 year period. Any views on these 2 stocks.

Thanks

LAwrie
Stock is up by 3% today. Saint can you give inputs on this...? Is it ripe time to enter...?

Thanks
Ramesh
 
Saint said:
Hi Ramesh,

Here was what I had said a few days back..........same status even now.



Still in the process of forming lower pivot highs and lows......let prices hold at a level.Enter on demonstration of strength which means that it suddenly starts to make a higher pivot low or if it takes out the previous pivot high.For now,it's still in a downtrend,a pullback on the weekly and monthly.

Don't anticipate an entry.........like in any battle,the smart general fights on the place he wants and the time he chooses,the time when the enemy is the most vulnerable and his own army at its strongest.Till then he dilly dallies,he waits till he is at his strongest.

Like the prowling tiger and the waiting general,time for a wait and watch for now on this stock.At present,you are not at the strongest as this stock does its thing.

Keep prowling,keep dilly dalying for now!

Saint
Thanks Saint. Got stopped from part of the stock yesterday.
 
Saint,

Entered India Cements yesterday at Rs129/-. There are some news that the world's biggest hydel power project is coming up in Arunachal Pradesh on the river Bhramaputra. Can you suggest some cement stocks on this...? Alstom Projects was mentioned as one of the major dark horse. 15,000MW hydel project.
 
Saint, Got a question on Federal Bank. Was looking at the results and the EPS for first 3 quarters is coming close to Rs29. Still another quarter to go. Conservative estimate of Rs 10 Q4 EPS, puts the stock at P/E of 4.5. Why is the stock so low when compared to other stocks like ICICI Bnk etc....?
Any idea or inputs on this stock?
 
sandynisha said:
hi saint ,
need ur help on this one .....Shanthi Gears Ltd .....can u help me with the short term targets .....i entered @64.50........thanx
Hi Sandy,

Look to 80-82 area as a target,meanwhile keep trailing your stops in case of any eventuality.

Saint
 
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