Queries on BUY IN/ SELL OUT targets of your stocks

[aman1973]

Dear Ravi
Thanks for your analysis/guidence on ALka india
Your thread is a delight to visit
Regards
aMAN

 

[ravi t]

Hi Ravi,

Any ideas on why Punjab Alkalies has suddenly shot suddenly by 20 percent ? Since it is in an upward trend, is it a good option to invest or should wait for sometime ?

cheers
T

Dear traderbul
Punjab alkalies has constantly posting good results. it has good sales, good net profit, healthy EPS what else is needed for an investor commitment inthe stock.moreover there is constant talk of disinvestment(which has to be completed by september 30) which might take it to some heavy weight private firm. so might grow all again if the new managment is able to run it more professionaly.
Technically i cannot find a entry point. and i am finding it very difficult to fix a target point for this rally.what a pitty??? Such a good counter and still i have a suggestion to stay clear..Probably AMIT,SAINT or JOY will guide better here......
regards
RAVI T

 

[ravi t]

Dear Ravi
Thanks for your analysis/guidence on ALka india
Your thread is a delight to visit
Regards
aMAN

dear Aman
thanks for your sweet words of appreciation. hope to see you here quite often..
regards
RAVI T

 

[ravi t]

Hi Tech Gears

Dear Ravi thanx great calls by u and other people.

Can anybody tell about Hi Tech Gears. Good results, suppliers to major auto giants. Book Closure Dates:August 27 to September 05, 2005 (both days inclusive). AGM being held on Monday the 5th day of September 2005, to approve dividend. Please see to it.

Regards
Ashwani

Dear Ashwani
you are absolutely right the results of HI TECH GEARS are quite promising indeed. They have also posted good EPS in the financial results. Also the much awaited AGM to approve the dividend of 12.5%(1.25/- rupees) is coming on september 5. But one thing to be noted on this counter is that though the company has good sales but at the same time the Expenditure is also very high bringing down the overall profit of the company. and untill and unless they improve this flaw it will be hard to come tot he expectation of investors and keep on paying the dividends....
Technically the volume doesnt seem to be supporting the price change. Frankly speaking i didn't found a single session, in recent times, where the volume crossed the psychological 1 lakh range. the stock seems to have an Action Window of 23-25 Rs(140-163,165) and at present it is quoted right in between this window.Indicators also are not in good buying mode.there is lot of selling pressure at 163-165 range..AGM or no AGM better to stay away from this stock for the time being. Strong buy only seems when it sustains the selling pressure above 165 and move up from there. The other good option is to trade such stock in their action window (in this case buy at 141 sell at 162) and enjoy the fun!!!!
Regards
RAVI T

 

[g_m246942]

hallo sir can u tell what is the posetion/outlook for" manglore chemicals & fertilisers"
( @16.50) bse code 530011.

 

[swapnil007]

buy this stock its gonna touch 50 soon

ahmedabad steel currently tradeing @ 18.5 its allready hit the upper circuit twice

 

[ravi t]

Re: Ginni Filament

Hi,

does it mean that Ginni Filament has still left some strength in it or it has reached to its desired heights. I'm asking this because I have bought it at 44 and now it has dipped to 41.6

dear tarik
it's better to keep a S/L of 39 in Ginni Filament since you had bought at 44. lets hope it doesn't dip beyond that for the moment.
regards
RAVI T

 

[Ashwani Bhatia]

Dear Ravi thanx for u r analysis.

1. I am holding vishal exports [email protected]. Its bonus RD is 26the Aug. Going ex bonus on 25the Aug. Onfriday it touched 24.35 but close around 23.90. What the charts indicate? Can it brek its reistance? or in safer mode i should sell it on Monday near 24.00? It can take dip as was happened in case of vijay textiles few months back.

2. What is the current scenario of syschem. Currently should I hold or semm?


Regards

Ashwani

 

[doobyanil]

Hello Ravi,
Can you comment on Punjab Tractors/TV Today and BalaSponge
Thanks
anil

 

[ravi t]

Mrpl

MRPL is moving in long sideways movement. very painfull indeed..it is the one stock which has tested the patience of all for so long.everything is in place but one which is proving detrimental is the all time high price of crude in the international market. we are all aware of this.to add up the burden the oil cess policy of India eating up the profit. on the positive side the 23000 crore approval by Prime Minister Office to ONGC to set up plants in mangalore is a relief. MRPL is going to be the real beneficairy here because ONGC had to collabrate with it.
Technically there is lot of selling pressure at 56-57 level. currrently in a downtrend which may continue for a few more time. though indicators are not in a sell mode but it will be a mistake to buy MRPL in current situations untill and unless it crosses 57 mark comfortably.
if already invested keep a S/L of 3-4 Rs below your buy price. If buy is above 50 then best option is to hold on and keep praying for the blessings of Oil God!!!!!!
regards
RAVI T