Queries on BUY IN/ SELL OUT targets of your stocks

[ravi t]

Alka India

Another stock Which is towing on expected lines is ALKA INDIA. Now before entering please be forwarned that this is a reall trading (not investing) stock. it comes in the grup of penny stocks( as is described by traderji) and fluctuates very rapidly between the extremes of low and high.
but the good things about it is it follow the definite cycles. lately they have approved the GDR issue for their launch abroad.with this good news there was a spurt in the price movement from last couple of sessions.
technicaly the charts show a strong resistance at 1.5 levels. if this resistance of 1.5 is crossed then the target seems to be about 1.73. other indicators in daily as well as weekly charts are on the borderline of buy mode. currently at 1.28 the support seems to be around 1.23 levels.
if one wish to take some risk the scrip can be entered from here on for a minimum gain of 0.25. but again this stock is not to be bought heavily and one should exit quickly once the targets are achieved.
regards
RAVI T

Dear aman
above is my post regarding alka on 28th july..Nothing much has changed.the resistance of 1.5 has been broken twice first last week and then again yesterday. unfortuantley it was not able to close above the resistance and successfully maintain it.. the volume help in crossing alka is awesome but seens more is required. on weekly charts the volume is somewhat steady or even slighlty declining thogh the price is holding ....seems people are sitting on their portfolio and open up only when it crosses 1.5 resistance level. what does this indicates Alka has all the chances to cross 1.5 soon and reach new hights!!!!
regards
RAVI T

did anybody had gone for Alka!!!! It had reached it's target today and closed at 1.76 with upward freeze and a massive volume
regards
RAVI T

 

[ravi t]

Indian Acrylic

Dear Roneeth
indian acrylic posted a excellent results this year. each quarter is improving from the previous one or at least maintaing the profit. the EPS is also around 3.00. thus fundamentally its a sound share. technically also the indicators are in perfect buy mode in daily charts. though weekly charts are not as promising as daily charts but a sell is not indicated at any cost. i have a feeling the crucial point is 14.10 which the stock may test soon probably in next 1 or 2 trading sessions. after that there is a strong possiblity of it bouncing to 18+ something.if unfortunately it dips further than might test 12.50.
my suggestion here is if already invested then sit tight for some real fast action. or if planning to enter then just wait for couple of trading sessions to look out for some clear signal......
One more request to you. in future please write your position(i.e. if entered than at what level or if planning to enter what is the minimum return desired). this will help to calculate targets easier for me!!!!!!! also please do let me know how much this calculation was helpful to you........
regards
RAVI T

hii roneeth
Indian acry now seems tempting to enter around 15.25. seems a target of around 18.5 to 19.00. don't forget to keep a SL of 13.5 here.
regards
RAVI T

Is anybody lucky at this counter...
regards
RAVI T

 

[naga2054]

Re: Alka India

did anybody had gone for Alka!!!! It had reached it's target today and closed at 1.76 with upward freeze and a massive volume
regards
RAVI T

Hey ravi!
This looks to be a pennyShare.. i guess trades/profit booking have to be strictly by technicals.. Is it time to jump in or jump out? ne targets for the same...

 

[roneeth]

Re: Indian Acrylic

Is anybody lucky at this counter...
regards
RAVI T

Hello Ravi!

I am holding it at 15.50 .Thanks for your Guidance was very helpful.There was a huge surge in volume....closed at 16.50.

Thanks

Roneeth

 

[ravi t]

Re: Alka India

Hey ravi!
This looks to be a pennyShare.. i guess trades/profit booking have to be strictly by technicals.. Is it time to jump in or jump out? ne targets for the same...

Dear Naga
if you have not bought at the entery call, it is best to stay away now..
regards
RAVI T

 

[ravi t]

Re: Indian Acrylic

Hello Ravi!

I am holding it at 15.50 .Thanks for your Guidance was very helpful.There was a huge surge in volume....closed at 16.50.

Thanks

Roneeth

dear Roneeth
tommorow session will decide whethere Ind ACr is going to reach it's target of 18+ or not...
regards
RAVI T

 

[roneeth]

Re: Indian Acrylic

dear Roneeth
tommorow session will decide whethere Ind ACr is going to reach it's target of 18+ or not...
regards
RAVI T

Thanks Ravi!

 

[chsudhir]

Hello Ravi

Could you please let me know what you feel about Prism Cements. Is it a good buy ?

Sudhir

 

[tarik]

Re: Alka India

did anybody had gone for Alka!!!! It had reached it's target today and closed at 1.76 with upward freeze and a massive volume
regards
RAVI T

Hi Ravi,
I had picked up Alka India at 1.45. Could you pls. tell me the target for it?

Regards
Tarik

 

[aman1973]

hi ravi
had alka at 1.04.squared off at 1.76 yesterday
regards
aMAN