New Intermed Uptrend!!

[prasad_ashish]

Hi Saint,
I am holding 100 TCS shares since it's IPO. It's facing lot of resistance at 1400 level. Even after getting 200 million Euro project from ABN Amro bank it's not climbing well. What should I do ? Should I hold it or sell it ?

Regards
Ashish

 

[avinash]

Hi Saint

TIL on firday fell to close at 156.15. What should be our stop loss point. Previously you kept it at 142 and in your latest mail it's 152. if it's time to exit if it reaches that level??

Also look into IOB, if it can be bought at current levels.

regards
Neeraj

Hi Saint,
I have the same query regarding TIL.........Time to get out at 152,or hold

Thx in adv,
Avinash

 

[avinash]

Ashik 1001 is doing great by giving many downloads in a separate thread that would be of great value to any trader especially the beginner.Check out

http://www.traderji.com/showthread.php?t=3723

Saint

Hi Saint,

Thanks for the link.....I had not noticed this thread.Great for all newbies like us who are learning how to trade.

Thnk u,
Avinash

 

[phoenix]

Ashik 1001 is doing great by giving many downloads in a separate thread that would be of great value to any trader especially the beginner.Check out

http://www.traderji.com/showthread.php?t=3723

Saint

Great stuff.........thx for the link!

 

[phoenix]

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%
IND SWIFT LABS :Stopped 0%
FLEXTR SOFT :stopped +12%
WELSPUN IND:at target +28%
IVRCL --exceeded target +61%
MAHINDRA GESCO :Stopped. +54%
MSK PROJECTS:Exceeded target +50%

TRADES THAT WE ARE CURRENTLY IN

ABB --SL=1650,exceeded target,currently in trail stop mode,profits taken at 1775........ up 37%.Holding half.
AVENTIS PHARM --SL=1410,TGT=1800........Currently up 12%.Still holding full size.
JAIPRAKASH ASSOC ---Partial profits taken at 271,Reentered at 250,Profits taken at 307.SL=275,TGT=350........Currently up 63%.Holding half.
IND HOTELS --- SL=722,TGT=900........Currently up 19%.Still holding full size.
BEML --SL=750,TGT=1000.......Currently up 23%.Still holding full size
GAMMON --Profits taken at 368,Reentered at 355,Profits taken at 395.SL=355,TGT=425.......Currently up 48%.Holding half.
KEC -- Profits taken at 278. SL=236,TGT=340 ......Currently up 9%.Holding half size.
KESORAM --Profits taken at 180.SL=160,TGT=exceeded,trail stop mode....Currently up 27%.Holding half size.
MANGALAM CEMENTS --SL=79,TGT=120......Currently up 12%.Holding full size.
ORIENT PAPER --SL=190,TGT=280,Partial profits taken at 215.Reentered at 198.Profits taken at 234.Currently +51%.Holding half size.
GUJ NRE COKE --SL=117,TGT=250......Currently up 15%.Holding full size.
INDRAPR GAS --SL=115,TGT=150......Currently up 19%.Holding full size.
JINDAL STEEL --SL=1100,TGT=1500,Profits taken at 1204.......Currently up 32%.Holding half size
PETRONET LNG--SL=51,TGT=65.....Currently up 20%.Holding full size.
POLYPLEX --SL=205,TGT=320.........Currently up 24%.Holding full size.
MID-DAY MULTIMEDIA--SL=94,TGT=exceeded,trail stop mode,profits taken at 116........Currently up 53%.Holding half size.
ANDHRASUGARS -- Profit taken at 173,SL=154,TGT=180......Currently up 32%.Holding half size
BOMBAY DYEING --SL=380,TGT=500,Profits taken at 438......Currently up 12%.Holding half size.
MIRZA TANNERS --SL=190,TGT=280....Currently up 3%
GOODLASS NEROLAC --SL=620,TGT=850.....Currently up 16%.Holding full size.
D-LINK INDIA --SL=115,TGT=200.....Currently up 10%
NOIDA TOLL BR--SL=29,TGT=42...Currently up 14%.Holding full size.
TIL --SL=152,TGT=240.......Currently up 2%.Holding full size.
SRF --SL=292,TGT=400.......Currently +8%
PRICOL --SL=49,TGT=80......Currently +1%.Holding half size.
TV TODAY --SL=102,TGT=150......Currently +0.5%
SHANTI GEARS --SL=50,TGT=75....Currently -2.5%
TATA TELE --sl=28.5,TGT=38......Currently -3.8%
ALOK INDS :SL=77,TGT=120.....up +3.7%
TATA POWER :SL=432,Holding full size.
NAHAR EXPORTS:sl=83,up 3%.Holding half size.
JBF INDS:Half position,down -4.1%,sl=73
ISPAT INDS --SL=20,TGT=30,profits taken at 23.5.......Currently up 0%.Holding half size
PRISM CEMENTS --SL=22.75,TGT=35.....Currently up 17%.Profits taken at 27.5.Holding half size.
MAARS --SL=5.5,TGT=11,profits taken at 7.6......Currently up 22%.Holding half size
GUFIC --SL=28.6,TGT=45.....Currently -3.1%.Holding half size.

Happy Trading!!
Saint

Hi Saint,

Thx 4 da updates,my friend!!

Phoenix

 

[phoenix]

Hi SSM,

GUJARAT NARMADA(GNFC):Super looking chart,my friend.Great find!!Nice!!okay,superlatives aside.....GNFC is forming a higher pivot low on the daily,and a pullback on the weekly with relatively lower volume.So far lower highs and lows till last week.Stop=92 with a provisional target of 130,and trail stop from there.

Happy Trading!
Saint

Looks good if can get over 102.5........

Phoenix

 

[phoenix]

INFOTECH ENT :This is looking great.If we close this week around here or higher,bodes well for this stock to see higher prices in the near term.If tomorrow ends badly,we may have a failed breakout on our hands,and more sloshing around or lower prices.......a wait and watch.For more aggressive hands,buy over today's high(half),and add on Monday over this week's high.

Nice Find,Karthik and nice call,Saint.......weekly charts looking good!!Adding more on Monday as advised.

Phoenix

 

[Saint]

Looks good if can get over 102.5........

Phoenix

Yes,agree......

 

[Saint]

Hi Saint

TIL on firday fell to close at 156.15. What should be our stop loss point. Previously you kept it at 142 and in your latest mail it's 152. if it's time to exit if it reaches that level??

Also look into IOB, if it can be bought at current levels.

regards
Neeraj

Hi Neeraj,
Yes......I am out if it goes to 152.If you want to give it more room,150.25 is the low of the previous week(that is the week b4 the one that just finished)--so maybe a stop of 149.75.But no more than that.....if this thing stops us out and blasts off,well let it....

IOB looks good.Still within an ascending triangle,and looking to resume its uptrend.Get in only if it takes out 91 area.
Great find as always,Neeraj!

Happy Trading!!
Saint

 

[Saint]

Hi Saint,
I am holding 100 TCS shares since it's IPO. It's facing lot of resistance at 1400 level. Even after getting 200 million Euro project from ABN Amro bank it's not climbing well. What should I do ? Should I hold it or sell it ?

Regards
Ashish

Hi Ashish,
Still making higher pivot highs and lows......still looking good.Yes there's a resistance around 1400,but as you are in it for a longer term,it's still a hold.Looks good!!

Saint