Queries on BUY IN/ SELL OUT targets of your stocks

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Mangalore Chem And Fertilizer

MANGALORE CHEM & FERT has a book closure from Sept 21 to Sept 23. there is most probable chances of declaration of dividnet giving to the good results posted by the cmp.technically a strong resistance around 17.5 which it is now testing constantly. seems the barrier is going to be broken soon.Indicators are good in place for a safe entry around 18-19 level for a target of 24-25..
regards
RAVI T
 
Ajanta Soya

tarik said:
Hi Ravi,
I've recently seen this website and found it very useful.
I have 500 shares of Ajanta Soya. Can you pls. recommend what is the prospect of this scrip.

Thanks n Regards,
Tarik
the best entry point for AJANTA SOYA was last month when it was trading at around 8. In a month this scrip has appreciated 200% and now quoting around 16. technically i still feel that there is lot of scope at this counter. if picked here the money can still double from here and we can set a target of 30-32.
regards
RAVI T
 
ravi t said:
BUY
ORCHID CHEM present 375 target 500-510 stop loss of 360 Buy
PUNJAB TRACTOR 182 headed for 230-235. Buy

hi ravi,
pls will u specify, the estimated time period of these stox for tgt achievement(wks. or mnths)... short term or not........pls do it as small traders lke me do value time a lot...........
 
Hi ravi

I need your suggestion on Vishal exports. I took it @20.25. After it has announced Bonus shares it's price has risen to 23.90. It's record date is 25th august. What do you suggest, if i should book profits on say 24th or I should keep them and book profits after the Bonus shares.

regards
Neeraj
 
Re: Vishal Exp

ravi t said:
Dear Saint
It is always a pleasure to have an honorary observation/viewpoint from such a senior and experienced member like you. It really gives us a chance to learn those few things which make all the difference between an ignorant investor and a smart trader. Please always come back here once in a while to enlighten us with your knowledge....
Encouraged by your comment on VISHAL EXP, I did some research myself on this scrip. Fundamentally the company is doing really well. As posted on BSE the net sales for the apr-june quarter is 8698.29 million and a net profit of 121.56 million on an equity capital of 120 million. The AGM held on July 25 approved a handsome dividend of 40% and a bonus of 2 shares for every 1 share held. Probably this might be the reason why this stock freezed consequently for two days on 1 and 2 august. So far so good but there is one caveat which is somewhat troublesome. More than 71% of shares are with promoters and out of the remaining only 13.75% are with the Indian public. Now from last few trading sessions the price are falling continuously (after two freezes on 1 and 2 aug).now does this price fall is because of offloading by the promoters some other reason is difficult to find out at the moment but important thing which cannot be missed here is that this stock is one of the volume toppers at the same time when sensex is rising. So where does this high volume (read it interest) came from FII, general public or just promoters, it is a wild guess at the moment. thus on fundamental grounds buoyed by good results, dividend, bonus issue and high interest in the stock, it seems to me that it is BUY for VISHAL EXP at the moment.
Technically on daily charts the price is falling but again the indicators have not shown any clear sign of sell. %R, stochastic, OBV, RSI are certainly not showing sell if not buy. I am sure you will agree that the stock has a support at 20.50(almost near to its current price) so there is a strong possibility of bounce back from this level. On weekly charts again the indicators are not showing clear sell. Seems the stock has been accumulated for long and looking for some breakout in the upside. Thus technically again I feel it is a BUY for vishal exp from current levels.
Thus overall to me there is green signal of BUY for vishal at the moment.
Sorry Saint!!!! But i somewhat disagree with you over here. But then again I might be overlooking some important point which only an expert eye like yours can pick out. So I will eagerly wait for your critical review of my observation!!!!!!
Regards
RAVI T
any prophecy regarding Vishal expo is quite risky... seems lot of people have stake in it.. the scrip goes for bonus on RD on 26 august. the Exbonus date is 24th August. that leaves us with two days 22 and 23 to decide for our action.first and formost if not already in then play it very safe and forget it.crucial question is if already entered then what to do????
the biggest problem is it is reallyhard to fix entry and exit in a situation like this when the comapny is near it's RD and promotors are ofloadng. there is all the chances that you can always go wrong but somehow i manage to do some of my calculations on my own. the indicators are currently in total sell mode.so if one sells now(when entered at some lower point) he is totally happy to book atleast some profit. the charts indicate that the scrip is finding it very difficult to cross 23.95 mark..Whenever it tried crossing it, it was pushed back.so we have to take 23.95 as our signal point. it also appeared to me that there is lot of volume build up at this level.seems lot of people are still in the hope that the scrip is going to perform or may be they are interedsted in the divident.on Monday if the stock successfully cross this 'signal point' with a volume roughly above 6.5 lakh it might be safe to go for the bonus.if it don't cross signal point then it will be better to sell off and go home happpily.if it rise but with volume b/w 4-5 lakh there are lot of chances that someone is ling the thread with not good intentions. so in that case it's again better to square off on tuesday.
once the scrip goes into bonus there is always a chance for some sudden price spurt and then the stock settlles down to some reall valuation.thus the decision totally depends on you whether to get it bonus or sell on monday and tuesday..Please be reminded that in doing above calculations i have to assume various things..and assumptions can always go wrong in real life!!!!!
I know the above comments are very contradictory but unfortunatly this is the best i can suggest at the moment for this counter....
regards
RAVI T
 
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Re: Ajanta Soya

ravi t said:
the best entry point for AJANTA SOYA was last month when it was trading at around 8. In a month this scrip has appreciated 200% and now quoting around 16. technically i still feel that there is lot of scope at this counter. if picked here the money can still double from here and we can set a target of 30-32.
regards
RAVI T
Hi Ravi,
Thanks for the information. I bought Ajanta Soya at 15.3. So, if going by the target there is still a potential in the scrip.

Tarik
 
Hi ravi thanx for the detailed answer to vishal exports.
I am holding baffin @ 3.05. NOW IT IS NEAR 4.00. Though it was evaluated earlier i wan tot know its movement with respect to its AGM which i have heard is in Septemebr end. Another rumour is that Reliance is going to buy it. Please see to it if u have any information. Another pick suggested by creeame was bhandari hos now near 12. He has suggetsed its target 18. Please also throw some light on it
Regards


Ashwani
 
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