New Intermed Uptrend!!

[Saint]

LONG TERM PORTFOLIO UPDATE

TRADES THAT WE ARE OUT OF
BONG REF --Stopped out. -8.8%
WELSPUN GUJARAT--At target +17%
ASHOK LEYLAND --at target +24.6%
HMT --Exceeded target. +102%
AMTEK AUTO --Stopped +12%
DIVIS LABS --stopped +12%
TISCO --Stopped +8%
ANDHRA BANK --stopped +4%
NOIDA TOLL BRIDGE --Stopped 0%
UTI BANK --Stopped +7%
INFOTECH ENT--Stopped -4.5%
FEDERAL BANK --Stopped -1%
B O RAJASTHAN---Stopped -8.6%
NTPC --out at 8.2%
UNION BANKartial profits taken at 138 and 140.Stopped at 124. +29%
RUCHI SOYA INDS:Stopped +10%
ESSAR OIL--Stopped -4.2%
TITAN --Stopped -0.5%
GARDEN SILK --Stopped +31%
ESCORTS --at target +15%
SESA GOA --stopped +21%
IVRCL --exceeded target +61%
MAHINDRA GESCO :Stopped. +54%


TRADES THAT WE ARE CURRENTLY IN
ABB --SL=1420,TGT=1630........currently up 20%
AVENTIS PHARM --SL=1350,TGT=1800........Currently up 10%
FLEXTRONICS SOFTWARE --SL=600,TGT=920........currently up 14%
JAIPRAKASH ASSOC ---Partial profits taken at 271,Reentered at 250,SL=220,TGT=350........Currently up 55%
IND HOTELS --- SL=690,TGT=900........Currently up 33%
BEML --SL=650,TGT=1000.......Currently up 23%
GAMMON --SL=270,TGT=425.......Currently up 42%
KEC --SL=200,TGT=340........Currently up 10%
MSK PROJECTS -- SL =66,TGT=100......Currently up 5.5%
KESORAM --SL=120,TGT=180....Currently up 15%
MANGALAM CEMENTS --SL=71,TGT=120......Currently up 12%
ORIENT PAPER --SL=165,TGT=280,Partial profits taken at 215..Currently+30%
GUJ NRE COKE --SL=117,TGT=250......Currently up 15%
INDRAPR GAS --SL=105,TGT=150......Currently up 16%
PETRONET LNG--SL=47,TGT=65.....Currently up 10%
POLYPLEX --SL=195,TGT=320.........Currently up 23%
JINDAL STEEL --SL=1050,TGT=1500.......Currently up 22%
MIRZA TANNERS --SL=170,TGT=280....Currently up 1%
BOMBAY DYEING --SL=350,TGT=500......Currently up 16%
MID-DAY --SL=80,TGT=120.......Currently up 53%
ANDHRASUGARS -- SL=118,TGT=180......Currently up 27%
IND SWIFT LABS --SL=180,TGT=250......Currently up 2%
D-LINK INDIA --SL=115,TGT=200.....Currently up 10%
GOODLASS NEROLAC --SL=600,TGT=850.....Currently up 8%
TV TODAY --SL=102,TGT=150......Currently -0.5%
TATA TELE --sl=28.5,TGT=38......Currently -3.8%
TIL --SL=142,TGT=240.......Currently -7.1%
SRF --SL=286,TGT=400.......Currently +1%
PRICOL --SL=49,TGT=80......Currently +1%
NOIDA TOLL BR--SL=26,TGT=42...Currently 0%
WELSPUN INDIA--SL=107,TGT=140.....Currently 0%
SHANTI GEARS --SL=50,TGT=75....Currently up 3%

There has been some confusion with last few updates....most of the above I am in on a short term and long term basis.I apologise for some confusion caused.Basically the SL and TGT for a long term hold are pulled out of the weekly charts.On the other hand,for short term,trade is off the daily .

SHORT TERM TRADES
ISPAT INDS --SL=20,TGT=30.......Currently up 4.5%
PRISM CEMENTS --SL=22.75,TGT=35.....Currently up 14%
MAARS --SL=5.5,TGT=11......Currently up 20%
GUFIC --SL=28.6,TGT=45.....Currently -2.5%

More later!

Happy Trading!!
Saint

 

[Saint]

thx saint,
i guess i "mistimed" it. (gross understatement)
but i sure will enter either right or not at all, from now on. again thx for quick reply.
should i take a hit and get out now?
ragh_ash

Hi ragh_ash,
Nope....let's wait ,you could still come out of this one with neat profits.Let's wait till Monday.

Saint

 

[avinash]

thx saint,
i guess i "mistimed" it. (gross understatement)
but i sure will enter either right or not at all, from now on. again thx for quick reply.
should i take a hit and get out now?
ragh_ash

ragh_ash,
I am a beginner like you.....but when you have the time,check out post #11,73,230 in this thread The New Intermed Uptrend for learning purposes.

Regards,
Avinash

 

[phoenix]

Hi Saint,
Thanks for the updates.......had also grabbed some MAARS.Great going!!
Hey Saint,just have a look at Arvind Mills.....may be something that you'd like.

Cheers
Phoenix

 

[Saint]

Hi Saint,
Thanks for the updates.......had also grabbed some MAARS.Great going!!
Hey Saint,just have a look at Arvind Mills.....may be something that you'd like.

Cheers
Phoenix

Hi Phoenix,
ARVIND MILLS looks good to break out to new recent highs but may get stuck around the 150 levels.It has resistance at these levels from '95,'96 and '97 highs.So not much reward in this one unless strong vol comes in and blasts it through all resistance.

But have a look at ALOK INDS ......nice weekly and monthly.Breakout in last part of 2004 then a nice pullback but held the 58 levels.Buy over 79 with a stop at 60,with an initial taget of 120.

Happy Trading!!
Saint

 

[Saint]

We 're in Andhra Sugars already from 122.......but those not in it's giving another opportunity to get in.For those not in,can buy ANDHRA SUGAR if it crosses 152,with a stop at 140 and a target of 190.

Happy Trading!
Saint

 

[Saint]

Keep watch on TATA POWER .....above 436 for resumption of uptrend

 

[sharv]

Hi,

Mascon Global Is Advancing Since Last 3 Sessions.

Shall One Enter At 20.25 ? Kindly Advice.

Thanks

Sharv.

 

[Saint]

Hi,

Mascon Global Is Advancing Since Last 3 Sessions.

Shall One Enter At 20.25 ? Kindly Advice.

Thanks

Sharv.

Hi Sharv,
I don't know about the fundamentals of the company,but technically this one looks awesome.....a higher pivot low and sideways for last few months.A breakout over 21.5 looks a neat entry with a stop loss of 17.8.....nice one,Sharv!!

Saint

 

[sharv]

Thanks.
Sharv.