Queries on BUY IN/ SELL OUT targets of your stocks

[ravi t]

Re: BONGAIGOAN and WIPRRO

Hi ravi,

I have 500 Bongagoan shares at 88.70. After the record date of divident, the share is steadily falling. What is the future of this stock ??

Also i want to know, Is it recommended to buy wipro at the price range of 720 ?? what could be the possible price of the share after the 1:1 bonus record date ??

Dear Bang
what happened to Bonagn ReF, is not understandable to me.. Good results, good EPS health all around. Dividendt is also to be payed, currently in Book closure period everything is in place for the stock to shoot.. but still something is missing. lot of activity in 99-102 region. also the volumes are steadly declining which is quite unusuall in such conditions. The stock seems to have some good support at 80-82 region. this gives us an action window of roughly 20(from 80-100).
The stock is constantly in the sideways movemnt and mainting it's action window.Indicators are in perfect buy mode in daily as well as in weekly charts. Leaving any kind of bias, i will call a strong buy/hold in these symptoms.only thing which is out of place here is high percentage of shares with Indian promoters. Now why they are pulling down,if at all they are involved in pulling it down, cannot be explained.that brings us back to your question Why BNGN REF is falling constantly after declaration of results??? MY ans is "I have absolutely no Idea on what is happening on this counter and what to do right now????"
regarding Wipro i had earlier posted on that!!!! I opined that post bonus the wipro scrip is worth for sell around 480-490.....
regards
RAVI T

 

[ravi t]

Re: Indian Acrylic

Hello Ravi!

Again on Indian Acrylic....closed at 15.50 today.Is it time to enter now? What could be the possible target?

Thanks

Roneeth

hii roneeth
Indian acry now seems tempting to enter around 15.25. seems a target of around 18.5 to 19.00. don't forget to keep a SL of 13.5 here.
regards
RAVI T

 

[ravi t]

Re: Alka India

Another stock Which is towing on expected lines is ALKA INDIA. Now before entering please be forwarned that this is a reall trading (not investing) stock. it comes in the grup of penny stocks( as is described by traderji) and fluctuates very rapidly between the extremes of low and high.
but the good things about it is it follow the definite cycles. lately they have approved the GDR issue for their launch abroad.with this good news there was a spurt in the price movement from last couple of sessions.
technicaly the charts show a strong resistance at 1.5 levels. if this resistance of 1.5 is crossed then the target seems to be about 1.73. other indicators in daily as well as weekly charts are on the borderline of buy mode. currently at 1.28 the support seems to be around 1.23 levels.
if one wish to take some risk the scrip can be entered from here on for a minimum gain of 0.25. but again this stock is not to be bought heavily and one should exit quickly once the targets are achieved.
regards
RAVI T

Dear aman
above is my post regarding alka on 28th july..Nothing much has changed.the resistance of 1.5 has been broken twice first last week and then again yesterday. unfortuantley it was not able to close above the resistance and successfully maintain it.. the volume help in crossing alka is awesome but seens more is required. on weekly charts the volume is somewhat steady or even slighlty declining thogh the price is holding ....seems people are sitting on their portfolio and open up only when it crosses 1.5 resistance level. what does this indicates Alka has all the chances to cross 1.5 soon and reach new hights!!!!
regards
RAVI T

 

[roneeth]

Hello Ravi!

Thanks for the prompt response....
Appreciate your efforts .

Regards

Roneeth

 

[ravi t]

Suven Life

hi ravi,
i hv some scrips of suven life at 90/- and aksoptic fibre at 59/- . prices has already gone up by 5%. what will be the short term target for both. pls adv. tks. mdjamal99

Dear Mdjamal
my suggestion to you is to exit aksh optic fibre now when you are still in green.

SUVEN LIFE do raise some interest. a book closure is coming and indicators on dialy are in good buy position.seems it's heading north for some high target. but play safe keep a stoploss of 95 today and each day raise the stoploss to previous day low(very well explained by Traderji earlier)
regards
RAVI T

 

[ravi t]

Re: new entry and exit target

one more scrip which come into my notice is Baffin Eng which closed today at3.09 with a volume 6 lakh. now it is again a turn around candidate and seems heading for 4.15 soon with a further high target of 5.75. so the update list for today
22/july/2005 17.00 hrs
Stock ; Entry (today close); Possible exit Target ; Date of recomd
1.WELSPUN SYNTAX; 11.45(11.03); 13.30/16.25; 20 july 2005
2. ISPAT INDUSTRIES; 20.25(21.00); 23.25/25.50; 20 july2005
3. VARUN SHIPPING; 43.85(43.15); 55.00 ; 20 july 2005
4. ZENITH COMPUTERS; 31.50(32.10); 43.00 ; 21 july 2005 (t'day low 31.60)
5. BAFFIN ENG ; 3.00(3.09) ; 4.15/5.75 ; 22 july 2005

Seniors please comment and please correct the data if you don't agree and give your observations....
Regards to all

Yesterday Weslspun frrrzed at around 17
Ispat is trading around 24.
Varun is at 53
Zenith is trailing
Baffin is at 3.70
Syschem is at 7.50
Did anybody get into anyone of these stocks. please let me know
regards
RAVI T

 

[mkshekar]

Hi ravi.you are doing a wonderfull job keep it going. Pl give your analysis if i could enter nuchem , lyka labs vesuvius , what say you pepl and pent med graphics. i think they are on the verge of breakout? what say you at the earliest if possible.

 

[vinsu]

Re: new entry and exit target

Yesterday Weslspun frrrzed at around 17
Ispat is trading around 24.
Varun is at 53
Zenith is trailing
Baffin is at 3.70
Syschem is at 7.50
Did anybody get into anyone of these stocks. please let me know
regards
RAVI T

Dear Ravi
I have ISPAT with a average price of 21.27
Syschem i entered at 7.44
LLyod Steel entered at Traderji's reco in another thread , 10% ckt yesterday.
Into BSELINfra also , up to 46 lvl yesterday .

Thanks
Vinsu

 

[vinsu]

Hi Ravi
What is the tgt for LLOYD Steel .
Regards
Vinsu

 

[Ashwani Bhatia]

Hi
You all people are great and doing very good job.
I wan tot know about vijay textiles. Why zenith is trailing is it still a buy?

Regards Ashwani