Queries on BUY IN/ SELL OUT targets of your stocks

[ravi t]

Silktex

Dear Ashwani
Just got some time to check SILKTEX.
The scrip has reached to almost at the end of the rally. currently at 60.55 with continuous declinning volume. the indicators are not in favour of buy at any cost. instead allthe indicators are in the sell region. the resistance of 65 seems difficult to cross. if covered with sufficient volume the next stoppage is around 73.25. beyond that there is a free run to 119-121 region. the last part seems to be difficult to reach at the moment. may be the 15% divident put on some fire but in all the chances it seems hard to cross 73-75 region. if the fall from here still contiunues the next stoppage seems to be around 53-54 region. from there it may rise again.
keep a close watch on it and exit if it dip 54 and beyond because if a declaration of divident cannot push it then nothing else can.....
regards
RAVI T

Dear Ashwani
On Friday Silktex touched a low of 55.60 and closed a meagre higher at 56 something.Seems our earlier analysis is intact and Silktex is now trying to test crucial 54 levels.
Once it touches 54 it may bounce back with all the strength so as to touch the earlier target of 73-75..So we have a candidate here which is on the verge of trend reversal. which will be confirmed if it touches 54 or a little lower,bounce back and try to consolidate at around 57-59 region.so exposure can be taken with greater confidence around 60 for a gain of 15 rupees..
start tracking
regards
RAVI T

 

[Ashwani Bhatia]

Ravi
Your analysis is very good. Please see to indian acrylic Karvi has given a buy call to it for a target of 30. AGM on 30thSept.
yes I have made exit in silktex after your analysis. I am tracking it. I think it will take 1 or 2 months to consolidate. Even if it starts before I will enter but not now. Before that i want to make exit from Gufic and Ajanta hope the coming book closures for both these will give chance for the exit in profit. I have ajanta @14.80 and gufic @31.00.

Regards
Ashwani

 

[stockfreak]

Hey RAVI

I have been following a stock named FRESHTOP FRUITS, this stock has given some brilliant results this quater. Have a look at it.

SF

 

[aman1973]

Dear Ravi
thanks a lot for your prompt reply and that too pointing towards a silverline.
regards
aMAN

 

[ravi t]

Hey RAVI

I have been following a stock named FRESHTOP FRUITS, this stock has given some brilliant results this quater. Have a look at it.

SF

Dear Stockfreak
good to hear from you.
Results apart, Freshtop Fruits is very low on liquidity and thus quite prone to rigging..I personaly keep away from such counters where one can easily be suffocated once entered.
Indicators on weekly are not in buy mode.the stock is struggling at the current levels. Unfortunately I cannot find out where is it heading from here south or north? Might gain a few, but who knows,Might loose a lot too??
If you are tracking this please keep me updated
regards
RAVI T

 

[ravi t]

Updates/reminders

Dear Ashwani
On Friday Silktex touched a low of 55.60 and closed a meagre higher at 56 something.Seems our earlier analysis is intact and Silktex is now trying to test crucial 54 levels.
Once it touches 54 it may bounce back with all the strength so as to touch the earlier target of 73-75..So we have a candidate here which is on the verge of trend reversal. which will be confirmed if it touches 54 or a little lower,bounce back and try to consolidate at around 57-59 region.so exposure can be taken with greater confidence around 60 for a gain of 15 rupees..
start tracking
regards
RAVI T

Dear Ashwani
ATN Int is now at its support level of 7.66 there is hardly midterm corrrection left.. hold on the stock may spurt again for some good action. to me the target from here is somewhere 12.5. if somebody wishes fresh buy can be taken here... S/L 6.75
regards
RAVI T

ATN INT freezed today at 7.6.
SILKTEX is at present trading at the price of 58.00 still not clear entry..
AJANTA is lagging behind...HOLD for this
GOLDSTONE TELE is also up at 6% at it's resistance level(cmp 19.45).earlier set target of 35 if 21 resistance is crossed.
VARUN SHIPPING is struggling at 55-57 for last almost two weeks. target is 70
BAFFIN ENG has also shown good movment cmp 4.17.
HEXAWARE touched a high of 212 today.
ZENITH after touching its target of 45 yesterday bounced to 41 today down almost 5%
HINDUSTAN ZINC also down below its support level of 207(cmp 205)
seems most of the things are in place and running as schedule???????
regards
RAVI T

 

[Saint]

Re: Updates/reminders

ATN INT freezed today at 7.6.
SILKTEX is at present trading at the price of 58.00 still not clear entry..
AJANTA is lagging behind...HOLD for this
GOLDSTONE TELE is also up at 6% at it's resistance level(cmp 19.45).earlier set target of 35 if 21 resistance is crossed.
BAFFIN ENG has also shown good movment cmp 4.17.
HEXAWARE touched a high of 212 today.
ZENITH after touching its target of 45 yesterday bounced to 41 today down almost 5%
HINDUSTAN ZINC also down below its support level of 207(cmp 205)
seems most of the things are in place and running as schedule???????
regards
RAVI T

Hi Ravi,

Welcome back........was wondering where u had disappeared off to from yesterday morning

Saint

 

[roneeth]

Hello Ravi !

How is Indian Acrylic doing.... now it is at 17.60.....

regards

Roneeth

 

[ravi t]

Re: Updates/reminders

Hi Ravi,

Welcome back........was wondering where u had disappeared off to from yesterday morning

Saint

hii
thanx. just down on bed!! Viral... season change.. just got some time for few updates. hope the rest of the house is in order? if anything unusuall please let me know? will write back in the evening/night!!!
regards
RAVI T

 

[ravi t]

Hello Ravi !

How is Indian Acrylic doing.... now it is at 17.60.....

regards

Roneeth

HI Roneeth
Indian Acrylyic tried 19 but was not successfull. may be the slight pull back it to gain the needed strenght for the push...
I am still hopefull for a target of 19.5-20. S/L16.85
regards
RAVI T