Some Good Steals...

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AMITBE

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nn0023 said:
Amitda
Kindly Depict Ur Views :-
1)natco Pharma
2)indramedco
3)moser Baer Nandan
Tomorrow early session, Nandan...going to crash now.
Night.
 
Hi Amit

Good Morning

It was great technical analysis on Sunflag Iron BSE 500404. I was confused earlier till I got your analysis. It has closed at 23.10. Please guide me what should be the target now.

I would also like your technical advice on the following:

Radhe Developers BSE 531273. entered at level 15.10, CMP 16.85.
Bihar Sponge BSE 500058 entered at level 16.25 CMP 19.95
Facor Steel BSE 532657 entered at level 12.105

Thanks and regards

Suja
 
satdat said:
can ssomebody give target for spanco?
Hi Amitbe,

Need your help on Spanco Tele's target...dont think you follow the stock but would help if you coulde leicit your views...the upmove in the scrip started from 83..went up to 258...on huge volumes. It had taken a breather at 156 in between b4 continuing to 258.

The rally was fuelled by ADAE (Anil Ambani) being alotted 15% pref equity in Spanco.

Now its is trading in the range of 210-225...at a Trailing PE of around 35..it is ahi growth company. I believe that the stock has support at 210 ( 2/3 of the run from 156 to 258 = Rs.60)..that i understand is the pattern in an upmove.

If you could let me know the targets it would be very helpful.

Also, whats the target for Mcleod .. had entered at 65. :)

Thanks
Gaurav
 
AMITBE said:
Hi Vicky...you've been coming in with some good ones lately...wassup? :)
Yes, Glenmark is starting to look good, and while I won't advise an entry at today's close, be alert...it can come any time. The volume shot up, and on daily charts there is congestion ahead till 315...same with weekly readings. If you can get in and be disciplined with a s/l at 296, take your chances. Better still, coming in at 296 at a possible pull back would not be bad too. Be cautious.
Looking at Kotak, it reacted at 220, today and last month too. The pull back today came on decreased volume and the buy is still on. Wonder if you got in? Update tomorrow, please.
Regards.
HI AMIT

THANKS FOR UPDATE. YES I AM IN KOTAK WHEN I AM EXITED AT 199
REENTERD AT 203 AVG PRICE.

THANKS
 

AMITBE

Well-Known Member
transell said:
Hello Amit, Thank you for your continued guidance to us.

I am sorry if I missed your views on STARPAPER, NARMADA CHEMATUR and UCO BANK earlier. Could you throw some light on these?
I have Narmdchema (1000 @ 41.45) and UCO (2500 @ 32.10). What should I be looking out for in those.
Was trying to take STARPAPER but it ran away too fast today. Is it still a buy at CMP ~111?
There are some others if you get a chance to review:
IVP
MURUDESHWARA CERAMICS
DEEPAK FERTILIZERS
3IINFOTECH
Thanks a lot Best,
.
Hi transell...there are way too many scrips to get a look in. Do keep them to two, max three please. Much pressure on my time.
Starpaper is not advised..run too high.
Narmada...keep a tight s/l at 42.50, should it turn south. Needs to clear 46, stiff resistance here...beyond this, trail stop.
UCO...is in the midst of congestion currently. Needs to clear 34 then 37 for an upside. Tight s/l at 30.50 is advised to preserve capital.
Will check the others later.
Regards.
 

AMITBE

Well-Known Member
sujarouf said:
Hi Amit Good Morning. It was great technical analysis on Sunflag Iron BSE 500404. I was confused earlier till I got your analysis. It has closed at 23.10. Please guide me what should be the target now.
I would also like your technical advice on the following:
Radhe Developers BSE 531273. entered at level 15.10, CMP 16.85.
Bihar Sponge BSE 500058 entered at level 16.25 CMP 19.95
Facor Steel BSE 532657 entered at level 12.105
Thanks and regards Suja
Hi Suja....thanks, and happy Sunflag ran to order. My suggestion is you may hold this one over a few weeks and see where it's gong. Should do well. A new cycle seems to have begun. 16.50 remains final s/l and trail stop it for now. Don't be too concerned with daily movement, as it's an investment for now.
Radhe...wait for it to pass 17.50 for a possible upside to 21. Keep me posted on it. S/l at 15.50 and below at 14.50.
Bihar Sponge is at a bounce-up level, and should it clear 21.50 on better volume, you may look to 23-24 or higher. Tight s/l would be 17 though 18 should hold.
Facor...not enough data to get a close look, but at 14 off needs to clear 16 to start an uptrend, as much as I can make out. 13.20 would be s/l. Keep a close watch...seems a new listing and may go either way. Steel has done well recently and all sorts of scrips here have gained. The test will come at a slowdown in the sector.
Regards.
 
Hi Amit,

Can you suggest one or two very good scrips which can be bought today, for long term holding? (This is for my friend. If this clicks, he will also become your fan :) )

Regards,
Narendra
 

AMITBE

Well-Known Member
VdoconInt has made a great move. Hold for now...and trail stop. Should it want to slip below 99, could exit to conserve profits to take again later.
Great moves too in GujNRECoke. Bigger target ahead...hold.
Aftek too...it's a hold if anyone come in at recent call.
JPAssociates a hold.
Allahabad bank...if anyone trapped at 99, hold for that level.
 
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