New Intermed Uptrend!!

[Saint]

thanx Saint

By the way where are you now a days, we are seeing lesser and lesser of you.

Looking out for some big fishes

cheers

Neeraj

Hi Neeraj,
Sorry about that ,my friend.Doing nothing right now......just sitting tight.The market is in a primary uptrend,the intermediate uptrend is still on.The short term pullback is an area to just sit tight........Am sure there are stock specific patterns looking good to erupt,though.

Meanwhile just trading in and out of the Nifty.Shall keep you updated when I see anything interesting.Keep me posted as well if you see sometning delcious.

Thank You

Happy Trading!!
Saint

 

[Saint]

Hi saintji. thanks for every thing posted in this forum its been really great to be with you guys albeit on the net. Would you care to take a look at these scrips for me. and let me know the stp.loss please. 1 Swaraj mazda 2.abhishek ind and 3 netvista info. hope to see your reply regards. shekar

Hi mkshekhar,
First of all,no saintji.....just saint would do. Just a friend who wants to help............

SWARAJ MAZDA:Still in primary uptrend.....if long term player or investor,push up stop loss to 305,and do nothing else.Looking good.But again depends where you entered.What was your entry?Was it a short term or long term trade?

NETVISTA INFO:From 2002 till now it's still sideways after a huge downtrend from 2000.Now threatening to start upward momentum.But if you are planning to enter this,careful.This can remain like this for another 3 years.If playing long term,stop loss of 6,and share size accordingly !

ABHISHEK INDS:Again,hope you took it at 30 levels.If not the next entry point would be the pullback that is currently in progress.I sincerely hope you didn't take this at the top of the b/out.Again,need to know your entry point.If got in before the breakout,then raise SL to 30.

Happy Trading!!
Saint

 

[vikasdewan]

Hi Saint,
At what levels should one get into Abhishek Inds. ?
Regarding Teledata, got out of it yesterday , couldnt see the gains being washed away. Any reentry levels that u can advise ?

 

[vinsu]

Saint,
Please advice about BSEL INFRA , I am already 20%+ in this scrip . You tgted 55 . Currently at 47 lvl .
Please advice , hold or push off .
Thanks
Vinsu

 

[Saint]

Saint,
Please advice about BSEL INFRA , I am already 20%+ in this scrip . You tgted 55 . Currently at 47 lvl .
Please advice , hold or push off .
Thanks
Vinsu

Hi Vinsu,
If you want to capture the move,raise the stop loss to 42.5.The target remains the same.Let's see what happens.At least that's what I would do.

Saint

 

[ragh_ash]

hi saint,
u have helped me earlier, i still need some help,
my entries are:
BILT 121
ESCORTS 109
TATAPOWER 435
ORCHID 389
PUNJ TRAC 185
TVS MOT 83
TELL ME WHAT TO DO?
REGARDS
ragh_ash

 

[Saint]

hi saint,
u have helped me earlier, i still need some help,
my entries are:
BILT 121
ESCORTS 109
TATAPOWER 435
ORCHID 389
PUNJ TRAC 185
TVS MOT 83
TELL ME WHAT TO DO?
REGARDS
ragh_ash

Hi Ragh_Ash,
I presume these are short term trades,accordingly the stop loss.
HIND MOTORS:Nice entry....sweet gains.Raise Stop Loss to 43
GEOJIT:Raise SL to 120
BILT:Keep SL at 110
CEAT:is in supply area,if meant as a short term trade could get out and put money elsewhere.Nice profits.Else,raise SL to 90
CUMMINS:Keep sl at 142.5
SAIL:Raise SL to 60.5
TATA POWER:Keep SL at 414
MAWANA:Keep SL at 96

Happy Trading!!
Saint

Hi Ragh_Ash,
Same advice for BILT and TATA POWER(Your entry point of 435 will create some tension for you).TATA PWR looks great.On the weekly charts,looks set to resume its uptrend.Stalking it for a while.If this area holds,actually looks good for a buy.If you can hold this one,it looks good on the weekly charts.I would hold.So too with BILT,looks good after this pullback is done.

More later!

Happy Trading!
Saint

 

[Saint]

Hi Vikas,
Good move on TELEDATA........it's in pullback mode.Let it pullback and form a higher pivot low on the daily and give us a good entry into it.For now,stalk it.

ABHISHEK INDS:Think it 's got more pullback left before going up again.For now,wait and watch.For now,I am looking to 33-34levels.

Happy Trading!
Saint

 

[rheinu]

rolta is flyiiing saint.. coming to your target...saint

 

[Saint]

Great going,rheinu!