New Intermed Uptrend!!

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Saint said:
lol about the eyes bit.......:) But about the entry point,had called in an entry in the 390 region.Had said that a close over 410 is confirmation of the move up.

Saint
Dear Saint ..

GUJ FLUORO @ 425 .. Great going ..

Regards
Vinsu
 
Hi Saint,

I bought two scrips on 13.02.2006.

My logic and observations are as under:
1. Bank Of Baroda: It is more or less range bound. I feel it has a good support at a level of 230. It has not yet started an uptrend. But looking at the trend I expect a short term target of approx. 250-255.
Net profit in the 3rd quarter has jumped substantially compared to that of previous year, EPS 6.89,
P/E approx 12.

2. Lyka Lab: Sales increased to 48% with a good profit rise. EPS 1.08, P/E 13.
Seem to form an uptrend with higher highs and higher lows. I bought at 68. Expecting a short term target of 75. Can I hold it for a bit longer duration? or better to sell before budget?

As per today, BOB has closed at 234 and Lyka Lab closed at 71.5.


Kindly give your view on the above --- Is there anything I have missed out or wrongly interpreted?

Regards,
Babun
 
Saint said:
lol about the eyes bit.......:) But about the entry point,had called in an entry in the 390 region.Had said that a close over 410 is confirmation of the move up.

Saint
Dear Saint,

Current Level of GUJ Floro is 441. Do u think it is a buy. If it then what should be expected short term price. Also what should be the stop price.

Thanks
Raj
 
saint, i have a query for u on indoco remedies.the chart is looking fine to me.
the way trendlines r shaping up it seems that a closing above 386 can really bring good moves in this stock as it would signal a break above the upper trendline.macd line is also good.faster line has crossed slower line above signal.rsi is fine at around 50 levels.please advice if i have made a correct analysis and if yes then how should i find possible targets for the script.
 
nift. took support at 12dma but could not reach pre.day high,and closed below 5dma.not good.above3027 targt3050,may see selling press.at that level.weakness will push it to2980.choppy.......buy ipcl.....ntpc.....ranbaxy
 
rajesh.sadhanala said:
Dear Saint,

Current Level of GUJ Floro is 441. Do u think it is a buy. If it then what should be expected short term price. Also what should be the stop price.

Thanks
Raj
Hi Raj,

Difficult to answer that.....my conservative reply would be to wait for a consolidation sideways or a slight correction to enter on a pullback.An aggressive one would be to buy once the day's high of 453 is crossed keeping 405 as your stop loss.

A short term price target from where I'd entered was 470.

All the best!
Saint
 
Saint said:
Hi Raj,

Difficult to answer that.....my conservative reply would be to wait for a consolidation sideways or a slight correction to enter on a pullback.An aggressive one would be to buy once the day's high of 453 is crossed keeping 405 as your stop loss.

A short term price target from where I'd entered was 470.

All the best!
Saint
Great call friend ,gujarat fuoro trading at 480+ again another amazing call
 
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