Some Good Steals...

[AMITBE]

Hello Amit!

Gufic at 28.90... the stoploss at 28.80 right?
What about Noida Toll Bridge? what is the stoploss for this scrip.All the scrips are dipping in my portfolio.....

Regards

Roneeth

30 is s/l for Noida on techs...just wait a bit for now. Go if you like if this is threatened.
Gufic is less volatile.
Everything is dipping here too. But possible bounce cannot be ruled out.

 

[Saint]

Amazing to see how upbeat the market is being...such ready hands waiting to buy the good trending scrips at lower levels and bouncing them back.
Check the sudden dip at Vijaya Bank, saint...fell to 66.25 in a jiffy and clawing back a bit. Hope you were quick to reverse sweep it?


Not a good time to buy, Madhura..and thanks for your trust.
Let's wait and ride this out. Choppiness is expected till the market takes its course. There'll be many good steals(!) going later...as if they are not around always.. Let's wait.

Hi Amit,
No reverse sweeping yet...........but if it can close below 63.Maybe....

Saint

 

[AnandJ]

Hi Amit

Would like to know about Abhishek Industries (ABHIND).....seems to be a bit under-performer.....is it because though having made pretty good profits for the past 4 years no dividend declared at all? Would you suggest a 'Buy' at these rates?

Thanks........Anand

 

[AMITBE]

India Cements is showing very strong support at 110. A good place to buy here, or if it slips a tad more, coming up from here. Good target ahead.
This is not really a buy call...that would be irresponsible of me.
But the facts are these.
Similarly Rolta at 175.

 

[VICKY_SEEKINGINR]

Hi Dear AMIT

I have a question about volume issue.

i want to know that how we can see the selling volume in meta stock chart.
i am talking about the Glenmark Volume. and i am downloading
its chart from indiabulls.

that chart is showing only blue color candle sticks, and its vol.
but how i can judge that weather its selling or buying?

If you have a time please clear my doubt..

Thanks a LOT in Advance

 

[transell]

.
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.

Hello Amit, thanks a lot for taking time to give your views. Really marvel at your ability to look in to a scrip's run. Best Regards,

 

[AMITBE]

Hi Amit Thanks For Your Calls..
Now Market Looking Very Easy With You Thank

Hey there now, Vicky...Doing what I can but please don't bet your last buck on it!
Cheers.

 

[AMITBE]

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

Hi Gaurav..you'd agree with me that it's not really possible to arrive at a target for a scrip that has been fuelled by news mainly...at least I'm finding it difficult. This kind of a move would skew the data over a longish period of time. On it's own without the hype, I wonder if the fundaments would really hold up to the current price, regardless of PE ratios etc or future growth prospects. Again, I'm not sure of the formula you have described above. Support immediately is at 200-206. Wonder where you entered, but if from some lower level, I'd suggest exit for now.
Mcleod still looks good to me. The volumes are good and trading range tight. Despite the volatility today, this stood solid and hardly took a dip. A further upside may come soon, but keep s/l tight at 81 to take home the profit should there be selling pressure.
Regards.

 

[sharv]

hi,
Amit, GAIL is moving north with good volumes since last 10 sessions

any update?

thanks

sharv

 

[praz]

Hi Amit ,


I have been following your calls and reading your views very regularly and you are doin an excellent job .
Hope You keep up the good work .


i have a query and if possible if you can answer then please do .

i want some information on Silktex

is it a good share to buy ?

i believe the current market price is around 58.

Any Kind of information will help thanks