New Intermed Uptrend!!

[Saint]

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% on half size
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%
GUFIC -Stopped -8% on half size
AVENTIS PHARM -stopped,out at +2%
JP ASSOC -stopped,out at +65%
ANDHRA SUGARS -Profits at 178. Stopped at 159,out for +31%
KEC -stopped,out for +6%
MANGALAM CEM-Stopped,out for +8%
MID-DAY -Stopped,out for +50%
TV TODAY-stopped ,out for -6%(half size)
MAARS-stopped,out for +15%
TATA TELE -stopped ,out -5%
VIJAYA BANK -stopped,out -7%(half size)
SIEMENS -stopped,out 0%
IOB -stopped,out 0%
NAHAR EXP -stopped,out for -5%
KESORAM INDS -stopped,out for +24%
INDRA PR GAS -stopped,out at +15%
CITY UNION BANK -Profits taken at 114,stopped at 98.Out at +8%
ALOK INDS -Stopped 0%
PETRONET LNG -stopped,out at +20%
ISPAT INDS -stopped,out for -5%
BILT -stopped,out at 0%
PRISM CEM -profits taken at 27.5,stopped at 22.8,out at +12%
MAHINDRA GESCO -Profits taken at 280,stopped at 260.Out +8%
GUJ ALKALIES -out at 0%
SRF -stopped at +17%
PRICOL -stopped at -8%(half size)
GNFC -stopped at -3%
TIL -stopped at -2%
SHANTHI GEARS -stopped,out at 0%
JBF INDS -stopped,out for -6%
MIRZA TANNERS- stopped ,out for 0%
TATA POWERS stopped,out at 0%

TRADES THAT WE ARE CURRENTLY IN

ABB --SL=1650,exceeded target,currently in trail stop mode,profits taken at 1775........ .Holding half.
IND HOTELS --- SL=722,TGT=900,profits taken at 756........holding half size.
BEML --SL=750,TGT=1000........Still holding full size
GAMMON --Profits taken at 368,Reentered at 355,Profits taken at 395.SL=355,TGT=425........Holding half.
NOIDA TOLL BR--SL=29,TGT=42,profits taken at 34.8....Holding half size.
ORIENT PAPER --SL=190,TGT=280,Partial profits taken at 215.Reentered at 198.Profits taken at 234.Holding half size.
BOMBAY DYEING --SL=380,TGT=500,Profits taken at 438.......Holding half size.
SESA GOA:SL=940,tgt exceeded,profit taken at 1010,in trail stop mode..holding half size.
GUJ NRE COKE --SL=117,TGT=250.......Holding full size.
JINDAL STEEL --SL=1280,TGT=1500,Profits taken at 1204........Holding half size
POLYPLEX --SL=205,TGT=320,profits taken at 268..........Holding half size.
SUNDARAM CLAYTON --SL=675,holding half size
INFOTECH ENT --sl=300,tgt=425.....Holding full size.
KITEX GARMENTS:SL=90,TGT=118....holding full size
GOODLASS NEROLAC --SL=620,TGT=850......Holding full size.
D-LINK INDIA --SL=115,TGT=200.....Holding half size

STOPS TRIGGERRED TODAY

TATA TELE -stopped ,out -5%
VIJAYA BANK -stopped,out -7%(half size)
SIEMENS -stopped,out 0%
IOB -stopped,out 0%
NAHAR EXP -stopped,out for -5%
KESORAM inds -stopped,out for +24%
INDRA PR GAS -stopped,out at +15%
CITY UNION BANK -Profits taken at 114,stopped at 98.Out at +8%
ALOK INDS -Stopped 0%
PETRONET LNG -stopped,out at +20%
ISPAT INDS -stopped,out for -5%
BILT -stopped,out at 0%
PRISM CEM -profits taken at 27.5,stopped at 22.8,out at +12%
MAHINDRA GESCO -Profits taken at 280,stopped at 260.Out +8%
GUJ ALKALIES -out at 0%
SRF -stopped at +17%
PRICOL -stopped at -8%(half size)
GNFC -stopped at -3%
TIL -stopped at -2%
SHANTHI GEARS -stopped,out at 0%
JBF INDS -stopped,out for -6%
MIRZA TANNERS- stopped ,out for 0%
TATA POWERS stopped,out at 0%


Happy Trading!!
Saint

 

[avinash]

Hi Saint/Amit,

Thank you for continuous warning.....stayed clear of the market last 1 week,except for afew stocks,and I went into 50% cash last week.And took all my stops last two days.......didn't feel this sharp drop at all.

Thank you both for continuously warning the whole forum persistently last 2 weeks.

Regds,
Avinash

 

[ravi t]

Karthik,

Wednesday ended up a bit gray.....today has become a sort of a Black Thursday for the markets!

Saint

yep Saint
Black Thursday....indeed..may be with a double dose of it...just sitting and sniffing for an opening.. soon it may come.. In a way it's good to cool down before standing up and rearing to go again, with all the freshness!!!!!
regards
RAVI T

 

[comerciante_inde]

Freshness .. perhaps yes, but for 'all the freshness' I guess it needs some time. For the sentiment to get back in line sans the pennies it is reasonable to be slightly patient. While the market grapples with the damage its waves unknowingly did in some part let us be patient and work out strategies poste.

In the meanwhile don't forget that the inherent nature of the market will make it to fluctuate.

Good Luck

 

[feels_good_today]

This should be called the 9/22 like 9/11 today two towers collapsed

 

[Saint]

This should be called the 9/22 like 9/11 today two towers collapsed

Not so bad ,my friend.....a usual market pullback,that's all.Nothing in comparison to loss of thousands of lives.But I get what you mean.......for many of the smaller investors heavy into small caps alone,must have been a mini calamity of sorts.

Saint

 

[Saint]

Freshness .. perhaps yes, but for 'all the freshness' I guess it needs some time. For the sentiment to get back in line sans the pennies it is reasonable to be slightly patient. While the market grapples with the damage its waves unknowingly did in some part let us be patient and work out strategies poste.

In the meanwhile don't forget that the inherent nature of the market will make it to fluctuate.

Good Luck

Wise words,my friend,wise words.........keep em coming!

Saint

 

[Saint]

Hi Saint/Amit,

Thank you for continuous warning.....stayed clear of the market last 1 week,except for afew stocks,and I went into 50% cash last week.And took all my stops last two days.......didn't feel this sharp drop at all.

Thank you both for continuously warning the whole forum persistently last 2 weeks.

Regds,
Avinash

Hi Avinash,

That is so great to hear......to know first that you made handsome profits initially last few months,and then went into 50%cash a week before the correction,and allowed the others to either run or be stopped,.......great going,Avinash!

You are doing great,my friend.......it is one thing to see something on a chart and warn of impending fall,another to heed that warning and act accordingly.Credit all yours........great going!!

Saint

 

[caprice]

Hi Saint

Your and every senior in this forum are the reason many people who could not have survived this calamity of sorts as we call it.. Have endured and survived it.. Appreciate your wisdom and knowledge.. as Udyan says Three Wise Men this morning.. we are lucky to have more then three wise men in here..

thanks to all seniors.. AMIT, Saint, Ravi T and everybody..

thanks

Nishant

 

[kkz59]

Saint

Re.: Kitex Garments

I received the Annual Report of Kitex Garments yesterday and it makes some interesting reading. The highlights are:

Turnover for 31 03 05 80 Cr.
for 31 03 06 Projection 125 Cr.

GP Margin 20% for 31 03 05

No. of pieces of Garment produced for 31 03 05 2 Cr. (yes 2 Cr.) at an average of around 60000 pcs per day.

Production capacity being doubled and enhanced capacity to be operational from Decmber 2005. Based on this, the projected turnover for 31 03 07 without considering any price increase or efficiency increase would be Rs.160.00 cr.

Equity is 4.75 Cr.

EPS for 31 03 05 5.52

Icing on the cake: Share of Face value 10/- is being split into Shares of Re.1/-.

This is must hold and add share.

Kamalesh