Shiva Cements

[Prabhjeet]

First of all congratulations for this excellent find Birju, keep it up.

Coming to the technicals, Shiva has a very strong support at 13.5 to 14.5 levels and should be bought at these levels.

As far as long termers like Birju are concerned any 10-15% fall should be used as a buying opportunity, this one is a dark horse and good news is that the price rise will not stop at 60 levels, it may well test even 100 levels

REGARDS

 

[mayavi99]

Got 500 @ 18.15. If it falls tomorrow, I will acquire some more. Thanks a lot for the call.

 

[Mayuresh]

Let me tell one important thing to everyone in the post,

"SHIVA CEMENT is a VOLUME game"

I hope you all understand wht i mean

cheers

 

[sahil.taneja]

Let me tell one important thing to everyone in the post,

"SHIVA CEMENT is a VOLUME game"

I hope you all understand wht i mean

cheers

what s a volume game???????????????????

 

[Mayuresh]

what s a volume game???????????????????

Hi salil,

By Volume Game i mean that the quantity of stock (number of shares) in such scripts should be large to really gain from them.
Usually such stcoks trade over a circuit limit and Shiva is no exception.

Currently there is a 10% circuit on Shiva which menas the stock can fluctuate by just +/- 10 % of its previous close , which is a very small amount.
But when the volume of stock held is large say may be 5000-10000 shares 1-2 Rs deviation results in large diff. in terms of value

Moreover it is not difficuit to buy such stocks in larger quantity since the price/share is in range of 15-20 Rs

So the real game is the Volume Game


Cheers

 

[darsh_2002us]

shiva cement movements goin slow....y wat happen to it....

 

[Prabhjeet]

shiva cement movements goin slow....y wat happen to it....

That is because Shiva cements needs some more consolidation, if it hits 14-15 levels which happens to be the support level then it may start its uptrend again

 

[darsh_2002us]

That is because Shiva cements needs some more consolidation, if it hits 14-15 levels which happens to be the support level then it may start its uptrend again

ok sir...
i think i would sell shiva cement at 19.50 and re enter again around 16...

 

[birjubanarasi]

Looks like Shiva Cements is breathing before next run.

I'm accumulating Shiva Cements on every dip for LT(12 months) or for a really good gains, so that i can exit.

 

[lamerider2]

i have bought 500@ 19.50 a day ago
then another 500 @ 17.90 today
any hope of going up??
or still downfall left?