Queries on BUY IN/ SELL OUT targets of your stocks
- Thread starter ravi t
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My view..This one is likely to breakout of the ascending triangles.Already at 136. immeadiate resistance at 145. next resistance level at 160. above this this will a long way.
Refer saints post on this
http://www.traderji.com/showpost.php?p=17458&postcount=424
regards
karthik
Refer saints post on this
http://www.traderji.com/showpost.php?p=17458&postcount=424
regards
karthik
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Hi Ravi I am holding suven@88 and [email protected] happened to suven , it went up and touched 110 and now its falling. Is it better to hold or dispose.pls advise.For hexaware ,will it resist or go down,pls suggest Regards, mdjamal99.
NATCO PHARMA drug firm based in Hyderabad which is actively involoved inthe development of anticancer drugs..They have active reascher institute involved in identification and filling of patents for newly discovered anticancer drugs. A new patent(Investigational new drug application) is expected to come in mid-late 2006 for a new drug which was discovered with the active involvment and cooperation of a leading USA based university. With this discovery the company has a leading edge in this sector of anticancer(especially blood cancer) drugs among pharma majors.
The comapany was also backed by some good results though the net profit this year was not that much as was of previous year..
On technical grounds the cause of concern is the low liquidity among Indian Public. As is mentioned above the stock has some stiff resistance at 147-149 levels. this resistance has to crossed with the volume support of about 5.5-6 lakh to reach to newer hights. Probably the Book closure from sept 13-15 might fuel up the required volume. The indicators are somewhat in b/w the sell and buy point and might turn to any side after the declartions(if any) in the coming EGM. So what should one do????
Simple track daily and wait for clear sign...if the resistance crossed with the required volume jump in if drops from here the buy point is at the support level or 120-125 which isnot far off.
once the confusion are cleared the stock might reach a target of about 240-250 before settling for some more correction!!!!!!!!
Hope I made some sense here!!!!!!!!
regards
RAVI T
The comapany was also backed by some good results though the net profit this year was not that much as was of previous year..
On technical grounds the cause of concern is the low liquidity among Indian Public. As is mentioned above the stock has some stiff resistance at 147-149 levels. this resistance has to crossed with the volume support of about 5.5-6 lakh to reach to newer hights. Probably the Book closure from sept 13-15 might fuel up the required volume. The indicators are somewhat in b/w the sell and buy point and might turn to any side after the declartions(if any) in the coming EGM. So what should one do????
Simple track daily and wait for clear sign...if the resistance crossed with the required volume jump in if drops from here the buy point is at the support level or 120-125 which isnot far off.
once the confusion are cleared the stock might reach a target of about 240-250 before settling for some more correction!!!!!!!!
Hope I made some sense here!!!!!!!!
regards
RAVI T
SUVEN LIFE has very good support at 102-103 levels. there is hardly any chance of it dipping any further. The approaching Book clousure is sure to set in the rythem in the stock.. Hold for a target of 136-141. The stock will consolidate at this target to shoot to new hights of 200+.HOLD/BUY
HEXAWARE is consolidating at the current price. Now quoted at its previous resistance and at present its support level of 105. the volume is going to come with each trading session which is then going to take it at some good height(Which unfortunately not clear at the moment).HOLD/BUY
regards
RAVI T
HEXAWARE is consolidating at the current price. Now quoted at its previous resistance and at present its support level of 105. the volume is going to come with each trading session which is then going to take it at some good height(Which unfortunately not clear at the moment).HOLD/BUY
regards
RAVI T
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Ap Paper
AP PAPER MILLS is reaching to its stiff resistance of 129.5-131. In the past it had tried so many times to cross this resistance but hardly get successfull.from january this month the stock is trading in the range of 110-130 and only in the month of March was it successfull to touch above 130 level for two weeks.
The Key again is volume. The critical volume here seems to be 2 lkahs to outperform the selling pressure above 131. this time the volume build up has indeed gained some momentum and the stock has all the chances to cross the 131 mark with the required critical volume. if that is achieved the target is seem to be around 153-156 region which if successfully crossed might take the counter to to 200-205...
regards
RAVI T
AP PAPER MILLS is reaching to its stiff resistance of 129.5-131. In the past it had tried so many times to cross this resistance but hardly get successfull.from january this month the stock is trading in the range of 110-130 and only in the month of March was it successfull to touch above 130 level for two weeks.
The Key again is volume. The critical volume here seems to be 2 lkahs to outperform the selling pressure above 131. this time the volume build up has indeed gained some momentum and the stock has all the chances to cross the 131 mark with the required critical volume. if that is achieved the target is seem to be around 153-156 region which if successfully crossed might take the counter to to 200-205...
regards
RAVI T
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