New Intermed Uptrend!!

[Saint]

please explain bit more about this



waiting your reply

Regards
Satya

Shall do so,Satya,over the next few days in the other thread "Teach a..."

All the best!
Saint

 

[Satyen]

Shall do so,Satya,over the next few days in the other thread "Teach a..."

All the best!
Saint

Thanks
wil wait for it

Regards
Satya

 

[Satyen]

Do any one know any institute that provide training or course in online share trading in delhi. If u know please post the address soon with necessary details.
Thanks in advance.

please go thru saints other thread " teach a man ..."
hope it wil be help ful to u

Regards
Satya

 

[ssnkumar]

Yikes,Narendra,plz tell me he didn't buy at 11 and holding all the way down to 2...........Sideways trend in progress on the weekly charts.Could breakout or breakdown from here.I doubt if a breakout is going to those highs and to get him back to breakeven....More importantly,the magic mark is 1.95.Break that,and give this one up!

All the best!
Saint

Thanks Saint.
Initially he bought it at Rs.8 and later averaged it to 6!
So, it is almost 62% loss.

So, I think, it is better to take out whatever little he already has and invest it in some better stock.

-Narendra

 

[Satyen]

thanks satya..........bye n take care.

welcome

Regards
Satya

 

[punekar]

Dear Saint,

This is my first post in this forum. As per Mr Mookherjee's advice, i purchased Arvind mills @ 48. Please let me know when I would get a price of 60 and also let me know if I can hold this for 3 months.

 

[Saint]

Thanks Saint.
Initially he bought it at Rs.8 and later averaged it to 6!
So, it is almost 62% loss.

So, I think, it is better to take out whatever little he already has and invest it in some better stock.

-Narendra

Ouchh!!Painful.......the travails of anticipating a bottom.Probably correct in your advice,Narendra,but much earlier than here and now was where he should have fled from this one!

All the best!
Saint

 

[Saint]

thanks satya..........bye n take care.

A warm welcome to you,Sillu.......all the best!

Saint

 

[Saint]

Dear Saint,

This is my first post in this forum. As per Mr Mookherjee's advice, i purchased Arvind mills @ 48. Please let me know when I would get a price of 60 and also let me know if I can hold this for 3 months.

Hi Punekar,

A warm welcome to you.......

Weekly charts in ARVIND MILLS are still in a downtrend,buying here in anticipation of a move up was a mistake.Always best to buy a stock in an uptrend........Anticipating that the move down is over is a strategy fraught with danger.

If this stock has the fire-power to reach into the 64 area,that would be the time to hold on and not the time to sell!!.....so the real question now to keep in mind is:At what point do I bail out of this one?That would be 42.Take no more pain if the stock dumps to below that figure...

The whole idea of buying a stock in an uptrend is to make maximum money in mimimum time.........so buying a stock in a dntrend not only raises the odds of failure,it also wastes precious time.Whether you intend to bail out here and invest in another stock,or hold on to this one and see if it does have that fire-power or not,is your judgement call to make.

Once again,a warm welcome....and all the best!

Saint

 

[Dhanya]

Hi Saint,

I took some Reliance Inds at 1750.Now it's trading at 1940.My latest trail stop is at 1870.Is that fine?

Thanks in adv,

Sincerely,
Dhanya