vijaynair said:
Hello everyone,
First of all. congradulations for starting this thread.
Please comment on following suggestions.
a) TISCO entry 345-355 longterm target 430-440 Short term exit 405-410 and reentry at 380-385
b) Guj. Amb. Cement entry 60-62. short term target 75-78 longterm target 95-98
c) Wipro entry 690-700, exit (ex-bonus) 450-475
Thanks and regards,
Vijay Nair
Thanks for putting your query on this thread.
Sir I request you to keep this thread simple by just asking about immediate entry or exit points. For the sake of simplicity I tend to give only the first probable exit point or to back it up a second exit target. I dont calculate targets on the basis of long/short term. Further the calculations for Re-entry or Re-exit are very risky and most of the time tend to go wrong. we can always calculate these re-entry or re-exit point once the previous targets are achieved.I am only trying to learn with experiences and suggestions of senior members of this forum. Now to answer about your queries
First and foremost TISCO is not at all to be entered now. It appears to me that it may rise to 395 from current levels of 379 but again the fall is imminent and one should not enter in TISCO just to gain 15-17 rupees. If it crosses all the way above 400 then we have to again set the targets. Now if it doesnt rise to 395 and start to decline from this point onwards then your entry point seems to be most probable to me. But if it rises to 395 and then fall than according to my opinion the entry point is far below your expectations. let us keep a close eye on this scrip and I will give me opinion on this as soon as some major movements occur.
Guj amb cement is again seems right to be entered at 60 as suggested by you but exit point is less around 70
For wipro I agree that it seems to right to enter here at 700 levels and after the euphoria of amalgamation and later bonus the exit point will be somewhere 490
any senior member comments from you is much appreciated.....
Regards to all!!!!!!
RAVI T
