Queries on BUY IN/ SELL OUT targets of your stocks

[ravi t]

Jp Hydro

JP HYDRO is at a very crucial point of 31. the volume is drying very rapidly and the company posted not a big profit... now if 31 is crossed with big volume to the up next stopage seems to be around 32.75. we are soon expecting a RD for company first divident so the stock is most likly to shuttle b/w the support of 29 and resistance of 31. I only expects a rise from current level untill and unless some very bad news or results for the next year pulls it back..
regards
RAVI T

 

[ravi t]

Hexaware Technology

HEXAWARE TECH is sliding day by day. Currently quoted at 98.45, it was trading at a volume of more than 5 lakh in mid July and in one month the volume has droped 10 times to just around 50 thousand. posted a good yearly results and the scrip is backed by respectable EPS.
the daily range is also decreasing slowly. from a range of 7-9 rupees daily in mid jouly to just a range of 1-1.5 in mid of august.though the stock is moving side ways but tthe indicators are in buy region.
to me it appears a good candidate to add in my portfolio...if already bought just hold on for some good profit in near future...
regards
RAVI T

 

[ravi t]

India Info/venky/bhushan Steel/aptech

INDIA INFO line posted good results last quarter/year. They have good reserves and good EPS. The company is actively involved in diversification and just entered in contact with Times Group of company for Advt.
Technically only a little bit of correction is seen in the coming sessions and then the stock might move to some good heights. To me India Info is a safe buy b/w 88-95. we can set a target of 125-30 befor next evaluation

VENKY has posted all time high results as compare to previous years/quarters. But surprisingly the profit is not as high as the net sales data. The yearly EPS is slightly high showing the stock is little bit volatile. Promoters have more than 52% of shares this shows the stock has only moderate liquidity. The company had just paid dividend and still estimating the loss caused by rain in their breeder farms in Gujrat.
Technically the indicators are in correction mode on weekly charts but on daily charts something different is happening. I feel if already entered one should keep holding on for a target of 245-250. Unfortunately No fresh exposure is warranted at the moment.

BHUSHAN STEEL again has posted good results in this quarter/year. The EPS is quite high around 38 and the stock is quite volatile. There is a book closure coming b/w September 12-14 for the purpose of payment of dividend
The recent fall might be due to the pressure of cutting of prices by various steel giants. Today the steel are rising again and Bhushan will soon follow
Technically only a slight correction is foreseen and the stock might turn around on high volumes. A target of 260-265 is best achievable in the current conditions. One can always buy Bhushan at its current price for a return of 70-80 rupees.

APTECH at present seems to be heading for a quite long correction. In any case it is difficult for it cross 105 levels and sustain there. Better to square off on the next high and then move to some other counters.

regards
RAVI T

 

[ravi t]

ravi, i have been going through your pointers and i admire the effort you are taking...it may help you learn but also shows selflessness.Thanks for the trouble and more strength for your pains

dear Bipin
thanks for you sweet words of admiration and encouragment. I am honoured to be noticed here and getting attention of some genuine viewers of this thread. I am trying my level best to complete the queries at there earliest and help others make some decisions on their portfolio..
thanks once again
regards
RAVI T

 

[blrboy]

Ravi,

Could you pls comment on hfcl infotel, valiant comm and ruchi infra. Recently my broker has recommended them, but i aint sure of their valuations.

Thanks much in advance,
blrboy

 

[roneeth]

Hello Ravi!

Great thread........ Appreciate all the hardwork behind it.

Regards

Roneeth

 

[jdutt]

Great shot Ravi Bhai,

I am really impressed, hope ur wisdom will always guide us.

Refards.

 

[sharv]

hi,
keep it up Ravi T

thanks

sharv.

 

[ravi t]

Dear Roneeth, Jdutt and Sharv
thanks you all for your appreciation and encouragement. My wishes to all of you
regards
RAVI T

 

[ravi t]

Ginni Filament

GINNI FILAMNT is currently quoted at a price just below 42. For a long time this stock was down and all of a sudden it jumped to its present height with good volume. last month the stock was quoted at around 23 and all of a sudden it shoot up to all time high of 47 before settling at around 42.the golden question is why such a sudden interest in this scrip? Unfortunately I have no answer to this.
Now two questions arise
1. Should i buy this stock? Well!! it sure is worth a try after all only few stocks are helpful in making fortunes overnight.
2. Will i be safe after putting it in my portfolio?? welll! Well! Well! try to look a little deeper in the stock. Just around 19% of stocks are in the hands outside the promoters. not an impressive profitable result for sudden spurt in price seen. No announcement of diversification things like that which increases the confidence of the investors? Yes book closure coming inthe early September probably for paying the dividend. So what's going on??? Some internal rigging?? I don't know you make your own guess? But if someone is playing, if at all someone (remember the volumes are good), he is not playing by the rules. For me just a declaration of book closure is not good enough to double the price over the week.
So what to make out all of this. The target seems to be 52, but it may also go beyond that. so is it really worth a try.. I would say NO NOT for me!!!!! What if it doom next week? What about the sleepless night and heartburns it is going to give me if it falls. After all it is my hard earned money. I am not going to gamble and risk it in some scrip for which i have very less confidence. Yes the stock may still double from here but when or above all Why? At least i am not able to telll!!!! Of course i want to make and earn lots of money in stock market but not overnight, not by adopting risky shortcuts and certainly not in rash unplanned gambles(some call it calculated risk)!!!!!!!
But that is for me every one else has to make his/her own decision!!!!!!
Regards
RAVI T