Queries on BUY IN/ SELL OUT targets of your stocks

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doobyanil

New Member
#81
#81
Re: Universal Cables/SANGHVI MOVERS

ravi t said:
Dear anil
it is dangegrous to enter universal cables now... though making newer highs each day the indicators are now in sell mode and the stock might start to correct any time. if already entered start looking for points where you can book profit
SANGHVI MOVERS again is near it's 52 week high and there is no reason to enter at such a high price just because it is rising day by day. correction might come any time
regards
RAVI T
Click to expand...

Thanks Ravi.
 
V

vinsu

Member
#83
#83
ISPAT Industries

Hi Ravi ,,
You are doing a good work , guiding small investors like mw.
Please advice , what it the next tgt / Exit point for ISPAT Industries . Yesterday it closed at 22.25 with a volume of 10,645,497 shares .
Thanks .
 
R

ravi t

Member
#85
#85
Canara Bank

dear neelumin
CANARA BANK is in correction mode now. the volume is also drying up. the stock is sliding and moving to some support level which is far low and unfortunately cannot be calculated at present.weekly indicators might decide the fate of the scrip and they show a sell sign... the scrip might turn around from here again but will it or will it not, no body can tell that for sure..if i would have CANARA bank in these situations I would had booked profit and move out to some other better looking ones. but for yourself, you have to make your own decisionss
regards
RAVI T
 
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vinsu

Member
#86
#86
Ravi T,
Hi , I have been reading your mails and you have been doing a good job of guiding small investors like me .

Can you please tell the TGT for ISPAT Industries . Yesterday it closed at 22.25
with huge volumes , What would be the exit price if i wish to exit

Thanks
 
R

ravi t

Member
#89
#89
Idbi

Dear AMIT
IDBI posted a very good result this quarter. the yearly results were also very promising. moreover the liquidity is high in this stock.
technically daily charts are in good position so it seems there is no rush to sell. but then there is some news of a director resigning. Also i expect a strong resistance at around 119-121 region. i feel it is very difficult for it to cross that resistance for the time being. now weekly charts are not in favour for any kind of adventure.
the stock may rise for some strength and then fall for some long correction. Again please remember that each fall, and for that matte each rise also, is not straight and smooth. there is always stop then start and again backtrack approach.
to me it appears good time to square off.
i wish my suggestion could be of some help to you.
regards
RAVI T
 
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