Queries on BUY IN/ SELL OUT targets of your stocks

[ravi t]

it won't be an intelligent decision to enter HINDUSTAN ZINC at its current price of 215.In september last year the stock was somewhere around 80 and in just 1 year it has reached to it's present levles. A splendid run of almost 275%. more than the expections of anyone.
Unfortunately its time to clean up the house, shed off some extra bulk, gain strength before marching again... the stock may reach a hight of 235-240 but i am skeptic about that becaue there is no volume support for rising prices.
start tracking for a clear and confident future entry.
regards
RAVI T

 

[mamug2002]

dear ravi
i have andra [email protected]
aravalli [email protected]
baffin [email protected]
india [email protected]
itc@1700
jaypee hotels@60
[email protected]
oversees fin @22
tele data @32
transgene biotek @119
vishal [email protected]
wipro@355
kindly have a look on the above stocks and express your opinion and advice.awaiting your kind response.thanks in advance.

 

[ravi t]

Dear Ravi,
Thanx for ur reply, i bought Mphasis for 280. I am atleast expecting to recover my money. pls guide me on this counter.

.
Dear Khan
i can understand the pain of loosing your precious money when one has some bad entry..
at present Mphasis is struck b/w a narrow range of 250-255. Technically I expect a appreciation to a level more than your entry point...but whether that really happens nobody knows for sure??. The best thing i can suggest here is to book some loss once the stock dipps below 240. And if we ran out of all the luck, come clean of all the holdings at 230(the worst scene).In future always try to look for good entry points so that even if you lose( God forbid) the loss is minimum!!!!
best wishes
regards
RAVI T

 

[ravi t]

dear ravi
i have andra [email protected]
aravalli [email protected]
baffin [email protected]
india [email protected]
itc@1700
jaypee hotels@60
[email protected]
oversees fin @22
tele data @32
transgene biotek @119
vishal [email protected]
wipro@355
kindly have a look on the above stocks and express your opinion and advice.awaiting your kind response.thanks in advance.

Dear Mamug
regarding your above list. i had posted in detail about several of them please go through my posts...
quickly Indian Acrylic CMP 18.65 target 19.5
Marson CMP 7.85 target 9.5
Baffin CMP 4.20 target 5.75
Wipro CMP 377 target 475
Vishal exp CMP 9.49(9.49X 3= 28.47) S/L 9(27/3 = 9)
On rest i will write soon.....
regards
RAVI T

 

[narmad]

Matrix Labs

Hi

Thanks for the advice, given earlier.

Had bought Matrix Lab for day trading, but missed out selling it when it
reached 221.

Should i still hold on ?
Do you think it will appreciate more?

Dear Narmad
Matrix lab was an expensive purchase at 217. now seems to be moving sideways and GOD forbid even slip some more. the support level is 180 which if tested may be bad for your portfolio....

Thanks
Narayan

 

[ravi t]

Dear Ashwani/Karthik
As is said by Supratik, you can soon expect a spurt in the price of pharma shares. MATRIX split in the month of january this year and now it is quoated at 191.8.As is said by karthik there is no doubt that company is very good for long term investment. But what about near future? Though I usually don't calculate time frame for my targets but this scrip is quite tempting to do so???
There is a stiff resistance at 195 which if crossed, the next stoppage will be 200 and then a strong resistance at 204.beyond that there seems to be a free run for some time. of course as is always happen there will be some flatuations here and there but if the last hurdle is crossed successfully the final target seems to be about 275-280 region.On the lower side the support is at 185 which when breached will take it to 175.
the whole moment depends on the volume. As such the liquidity is not high and hence untill and unless the first resistance of 195 is crossed with a volume more than 3 lakhs it is not going to sustain the selling pressure..futher to make the situations worse the indicators are not in perfect buy condition....
My suggestion here is that keep a close watch on this scrip.If the first resistance of 195 is crossed with the required volume it is a safe buy,if the first resistance is crossed but not with the req vol wait for second resistance to cross. after the second resistance if the volume is still short some can still be bought. After the third resistance the stock is ready to explode(at lease I think so)!!!!!! Keep a stoploss of 176.
regard
RAVI T

Dear Narmad
My above post on Matrix labs might be of some help to you!!!!!
regards
RAVI T

 

[narmad]

Wonderful

Thanks a lot RAVI T

I should have gone thru the posts more carefully

thanks again
narayan

 

[ravi t]

Aravali Securities

ARAVALI SECURITIES is at present at it's support level of 13.35-13.55. Being in correction mode there is all the possibilities of this scrip to dip further to 12.25-12.50 levels.if that is again breached the next support is around 11.00 from where it may rise again.. In all the possiblities i don't see it crossing 15 and above in near quick near future. If entered around 12 a target of 16.5-17 can be planned....
regards
RAVI T

 

[ravi t]

Jaypee Hotels

JAYPEE HOTELS had very good last quarter. they had also given the divident in the month of March. they have very good operating profits and and by all means a fair EPS.The only negative point is very low liquidity.
Technically the stock has now corrected to a level what was expected?????presently at 65.8 very little correction is left.. if Picked around 64.5-65 the stock has a good prospects to reach 77-80 with anticipation of declaration of interim divident. The cause of concern is again the critical volume which should be around 75 thousand and more to give the much needed push to the required targets..
regards
RAVI T

 

[ragh_ash]

hi ravi
some time back u suggested
Clariant & Orchid along with others.
Clariant i know i got in right at 311. what do i do at 344 sell or hold?
Orchid my entry was wrong at 383 do i book loss on this? (of course my mistake : entry point was 8% higher)

pl reply
ragh_ash