Queries on BUY IN/ SELL OUT targets of your stocks

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ravi t said:
ORCHIDis trading today at 253(that's comes out to be just short of 380 pre bonus) and is up almost 4%. volume build up is also good. seems the counter had started to move. fresh buying can be taken here for a target of 320( approx 500)....
any body still holding it !!!!
regards
RAVI T
Thanks Ravi.
 
Southern Iron

SOUTHERN IRON AND STEEL is currently quoted at 29. the company is trading with huge volumes thanks to the overall trend in metals.
Last quarter was very good with lots of profit in the result book. the Eps is somewher at 1 and the liquidity is also high all of which gives a fair idea about the scrip. Technically the stock has now started to rise. the last week crash saw it bouncing back from the support level of 25/- the indicators on the daily are in good buying mode. the resistance is seen around 30-32. Picked here(29) the stock has reasonable grounds to reach around 50 or even more..
regards
RAVI T
 
Re: Thanx Ravi,.. Shall i ask another ?

darsh_goswami said:
Hey Ravi ,... Thanx for ur comments on TNPetro,...
Next is i would like to know about the icicibank oct. futures ,.. what do u feel for that ,.. i bought icicibank oct fut. @ 585 . Can u please guide me to the next entry level n support level ?

N one more thing about this thread ,.. I never saw any thread so happening in my entire life ,.. Great job Mr Ravi ,.. N also thanx for keeping it for ppl like me ,..
hI Darsh_goswami
Thanks for your kind words. most graciously accepted..
Regarding Futures, I unfortunatley don't deal in derivatives and probably won't be able to give you a satisfactory ans. perhaphs my friend Saint will be able to help you better on this. Please direct this query to him...
As such the scrip ICICI MIGHT start to correct from here since most of the indicators are now in sell region....
regards
RAVI T
 
Re: Southern Iron

ravi t said:
SOUTHERN IRON AND STEEL is currently quoted at 29. the company is trading with huge volumes thanks to the overall trend in metals.
Last quarter was very good with lots of profit in the result book. the Eps is somewher at 1 and the liquidity is also high all of which gives a fair idea about the scrip. Technically the stock has now started to rise. the last week crash saw it bouncing back from the support level of 25/- the indicators on the daily are in good buying mode. the resistance is seen around 30-32. Picked here(29) the stock has reasonable grounds to reach around 50 or even more..
regards
RAVI T
dear Ravi T

thks for this on south iron, I appreciate your very specific writing leaves no ambiguity, i was just planning to get out of it this week, but now i am holding on. I will take my chances

thks
gopii
 
oldmirage said:
Hi Amit,
Thanks much for valuable information and guidelines you have been providing in this thread.
Can yo please post information for Gokaldas Exports Limited ? It's been an alloted share and I have made some good gain in it. What would be the price target from cmp of 568 ?

Thanks.
Dear Oldmirage
Gokaldas Exports had appreciated from last couple of sessions. This might have tempted you. But unfortunatley it seems to me that there is an overall correction going on in the counter and the recent spurt is just a momentarily break from the earlier down trend. The major problem here is very low liquidity,though the volume has incresed on each successive day but the overall interest(volume) of the investors in this scrips seems to be low. currently at 563 the Indicators on daily are in dangerously sell mode....
for me it's a very risky counter.. Make your own choice....
regards
RAVI T
 
D

darsh_goswami

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Hey Ravi Thanx again bro ,..
Even i wish ICICIBANK to be correct a little till 570 level ( cash ) ,... So that i can buy them more for delivery ,..

Anyways ,.. thanx for ur concern ,..

Regards n best wishes ,..
DArsh
 
ravi t said:
dear Devansh
Thanks for your wishes. Though i have not fully recovered but still better than before.Thanks for asking.
Regarding ORCHID, as i had mentioned earlier the current price of 248 comes out to be somewhere 372 before split/bonus. And with the same rational it should reach atlease 330-335 for an equivalent earlier target of 500.if stillnot entered wait for a confirmation till 260. or if you wish you can buy here for a target of 300+
regards
RAVI T
hi ravi .
does orchid target of 300+ still hold out.
regards
 
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