New Intermed Uptrend!!

[pnbalaji]

Saint,

Mahindra Gesco has crossed 530. Is it still a hold?

Thanks,
Balaji.

 

[Saint]

Saint,

Mahindra Gesco has crossed 530. Is it still a hold?

Thanks,
Balaji.

Yep,still a HOLD on GESCO.Keep raising your stops till out.

Saint

 

[Lal]

Dear Saint and Amit,

I am holding the following shares. Please advise the medium term outlook for these companies.

Jaiprakash Hydro @ 30 CMP - 29.75
Power Trading Corp. @ 60.50 CMP - 58

Thanks.

Regards,
Lal.

 

[alok]

Hey Saint,
Any take on kcp sugar now!

 

[sandynisha]

hi saint,
i am stuck in idfc for a long time with a stop loss at 69...its trading at 74....can u help me with a short term target...or should i exit..............thanx

 

[mgirotra]

Hi Mohit,

First of all,great attitude,my friend.

And,as you have rightly said,take your stops when hit.Can always buy it back lower,some will trigger you out and run upwards.Importantly,discipline is important.

Punj Lloyd especially was a good stop to take.The reason to get in is now gone,and an area of support that had held for some time is broken.As of now,from the daily chart perspective,it is back in a downtrend.

All the best!
Saint

Dear Saint

Thanks for the reply and encouraging words.

cheers
Mohit

 

[Saint]

Dear Saint and Amit,

I am holding the following shares. Please advise the medium term outlook for these companies.

Jaiprakash Hydro @ 30 CMP - 29.75
Power Trading Corp. @ 60.50 CMP - 58

Thanks.

Regards,
Lal.

Hi Lal,

JAIPRAKASH HYDRO :Looks like setting a higher pivot low on the daily so far.Still in sideways territory on the weekly charts.Hold for now with a stop at 28.5

PTC :So far so good.Hold with a stop at 55.

Happy Trading!
Saint

 

[pnbalaji]

Hi Saint,

Can you please tell me the prospects of Zenith computers (PP = 97.9, CMP = 88.7) and 3I Infotech (PP = 185.9, CMP = 185.1)?

I have been holding these for the past two months, but could not see much movement.

Thanks,
Balaji.

 

[Saint]

hi saint,
i am stuck in idfc for a long time with a stop loss at 69...its trading at 74....can u help me with a short term target...or should i exit..............thanx

Nope Sandy........looking good for now.Hold with the above stop.As for tgt,now in sideways trend.Once you get a break and close over 78,look to 95 as a tgt.

Saint

 

[sandynisha]

Nope Sandy........looking good for now.Hold with the above stop.As for tgt,now in sideways trend.Once you get a break and close over 78,look to 95 as a tgt.

Saint

thanx again saint