New Intermed Uptrend!!

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Hello Saint,

I am a new to this forum. I am now learning the technical analysis. I am learning a lot from your posts in this forum. They are very good and gives a new dimension to look for before investing.

I bought Paramount Commn at Rs 260 prior to split, looking at the financials. Though the company has posted impressive results, the price has started coming down post split.

Technically, Is it good to hold for a period of 2 quarters for likely appreciation or book loss and buy at a lower rate.

Pls analyse the chart of this company and give your views.

Thanks,
John.
 
Hi Sanit,

Good to see you back in action. Thanks for your views on POLARIS (we discussed a month back)....couldn't take position (not able to follow market regularly) but contend with the fact that was able to put some TA knowledge to use. Was a good learning exercise.

Regards,
Ashish.
 
hi Saint,
thanks man. all well here except "making money"part! now that u r back i am sure i will take care of that also.
Also as u can see, one post from u and all oldies seem to come back to life.
somehow if Amitbe and Pankaj also join in, it sure will be lot of fun.

regards and best wishes
ps: (just can't help myself) ur view on Ajanta pharma?
 
Hi Sanit,

Good to see you back in action. Thanks for your views on POLARIS (we discussed a month back)....couldn't take position (not able to follow market regularly) but contend with the fact that was able to put some TA knowledge to use. Was a good learning exercise.

Regards,
Ashish.
The learning is always more important ......great going!

Saint
 
hi saint!

I am impressed with your replies here,i have weakness in exiting trade before losing good amount of profits.please give me hints to exit.most of the time i could enter at strat of trend but i failed to exit in proper time.

Thankyou
suba
Hi Suba,

Sometimes,in a bid to see the whole trend,one may end up losing the last part of the rally.......but just for clarity,could you give me an example of a trade that you entered,and failed to exit in time?

Thank you

Saint
 
Hi Saint,

how does ORCHIDCHEM looks at CMP? It has broken from consolidation and also had a minor pullback. To me it looks like a good entry with a SL of 255.

Awaiting your comments

Regards,
Ashish.
 
hi Saint,
can u please help me with Nifty charts. do you think it is in for a further uptrend towards 4400-4500 levels or is it in for a reversal in coming days. tdys volatile movement caused me heavy losses and now i m not sure whether i sholud go long on nifty on monday or short it or remain in sidlines.
your view on nifty would be great help in taking the call.
other seniors also please share your views.

Thanxs & Regards
Mohan
 
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