New Intermed Uptrend!!

[rpc]

Hi
I would like to buy Balrampur Chini and Dabur.Can you guide
Thanx
rpc

 

[[email protected]]

Re: Swing Ceat

I think you should get out of this trade now and use the money to buy something else.

Wastej

 

[Saint]

Hi rpc,
BALRAMPUR CHINI:Creameeee had called it a few weeks ago at around 60,then ran up to the 90's......if you are already in for a long haul,it's a hold.Still looks good.If you are planning to get in,pullback in progress......still more to go.Stalk it for an entry.....but not yet.

DABUR:Again,if in for a longer haul,it's a hold.Else wait for a pullback.Your chance to enter will come,but not as yet.

Happy Trading!!
Saint

 

[Saint]

Saint

Your views on the following:

Lakshmi Mills (Holds 72000 Equity shares of Lakshmi Machine Works - quoted at around 14000/- per share; Equity of Lakshmi Mill is about 7/- Cr. i.e., about 7 lac shares of Rs.100/- each)

Magna Electro

Amarjoti Spinning

Hi Kamlesh,

AMARJYOTHI SPG:It's been on pullback mode for some time now.....chartswise,enter only if it can take out 105 levels.

MAGNA ELECTRO:Nice uptrend....is a hold if in already.Wait for a pullback if planning to enter.

LAKSHMI MILLS:That was one nice pattern.....a higher pivot low and consolidating via time before breakout.Would have liked to enter at the consolidation phase.Now that this has blasted off,I need a pullback to enter.If in already,is a hold.

All the best!!
Happy Trading!!
Saint

 

[Saint]

Hi Saint,
Nice move in TV TODAY and MANGALAM CEM today......

Phoenix

Hi Phoenix,
Yep.....Both looking nice for a further move up.Nice!!

Saint

 

[Saint]

hi saint,
i am into
a) geojit
b) bilt
c)HM
d)cummins
e)mawana
d)escorts

pl tell SL for all these
ragh_ash

Hi ragh_ash,
Stop losses differ as per the time frame you are trading.I need to know your entry points and whether these are long term or short term trades.

Thank you
Saint

 

[Saint]

Re: Swing Ceat

Saint
I have average 300 Ceat @ 74.50
what do you think should be the exit target technically ?

Hi vivek,
Lot of supply around these levels .......may go higher,may fall from here.Since you have made a neat profit,and this stock may take some sloshing around these levels,maybe a good idea to exit here and put your money to good use elsewhere.

Saint

 

[AMITBE]

Re: Swing Ceat

Yes viveanan, seek an exit from here.
Largely a steady decline in rubber prices causing the rally. Just the fickleness of the market to react like this. No other news known to me.

 

[neeraj4u]

hi Saint

I have tried to do the analysis of Vijaya bank. Pl correct me where i am wrong and give your opinion about the same. It will be highly useful for my learning.

On daily chart, it has formed a right angle triangle and seems to be on a breakout on the upper side.
On weekly it has confirmed it's upward trend by making higher pivot low and high.
On monthy charts also it seems to be on long time uptrend.

Pl give your suggestion.

thanx
Neeraj

 

[Karuna]

Dear Amitbe & Saint,

Holding August call options of

SBI-800
Karnataka Bank-125
Allahabad Bank-90
Syndicate Bank-80

Any chance of these scrips doing well before expiry ???
Lot of money stuck in the above.

Pls advise. V worried.

Thanks,
Karuna