Some Good Steals...

[jaideep]

Hi Saint,.............
........Hey doc, why cannot you give some harmone injections to my ailing holding escorts? what do you prescribe for him? ............

Ah! Ah! Usha, now you're squeezing him for his medical worth eh? Knowing saint as we all do very well by now, you can be sure he'll try.

 

[Saint]

Ah! Ah! Usha, now you're squeezing him for his medical worth eh? Knowing saint as we all do very well by now, you can be sure he'll try.

lol

 

[Saint]

Hi Saint,

Thank you for your sincere wishes. I remember this quote always.
Usha

P.S.
Hey doc, why cannot you give some harmone injections to my ailing holding escorts? what do you prescribe for him? Suddenly it fell from 101 to 88, today it started recovering but market fell. How is the stock looking technically?

Hi Usha,

ESCORTS -Quite a few problems from the technical aspect.Taken out two previous pivot lows and is making lower pivot lows and highs.Also,making what seems like a double top(not confirmed) ,the prev top being Jan 2004 highs.For now expect much more correction.............frankly,better to get out on a pullback rally,unless you mean this as along term investment.

Sorry Usha,no hormone injection gonna help this one.......

Happy Trading!!
Saint

 

[usha]

Ah! Ah! Usha, now you're squeezing him for his medical worth eh? Knowing saint as we all do very well by now, you can be sure he'll try.

Jaideep,
He declined harmones and adviced natural long term growth
Usha

 

[AMITBE]

Hi Amit,
Now in this correction phase, I am on my nerves .

I have bought ITC @ 142 and IndiaInfo @ 152.
But today market have taken some of my amounts.

I think I am ok in ITC because I invested in it for long term but regarding India inforline I am very much afraid, shd I exit from it or wait for some uptrends.
Also SAIL is on downside and went below its intraday supports 60.4 and 59.6 and I hope it will touch its strong support 55 I entered into SAIL @ 62

Please reply with your valuable suggestions. Regards sjoshi

Hi Joshi, sorry for the late reply, but my data is giving me lots of hassles..
As you said, you are ok with ITC in the mid to long term, and the results should soon take it to higher grounds.
With SAIL too, in the long term you should be fine, but wait till closer to the results to see if there is a rally. Last results were not liked much by the market. If things remain the same, pull out. While it may not have a lot of downside, it's going to be slow. Only some great results and an international uptrend in steel is going to make this move quicker.
With India Info, you have some trouble on hand in the short term weakness. This sector is a growth story in the long term, and there is every reason that there would be a recovery at some point. I'm not aware if the results are out and what they were.
On techs, it is hanging in just above a support at 126 now. Below this, 123 and 120 if tested with force, would break it further.
You are way below your entry at this time...so it's a difficult call. If it climbs above 135-137, then wait to see what happens as it would be safer here. Above 142, you should be looking for your entry level again.
Be cautious if 126 breaks, but perhaps wait for a couple of sessions...it may climb over 132, a short term refuge.
Good luck!

 

[jikku]

Hi all
Can any body suggest what is the future of the Amar remidies & FCS Software stocks...just tumbling day by day..bought amar remedies @62
and FCS Software @199

jikku

 

[jikku]

Please advise abt the below queries

i) split (rs 10 to rs 2) with Bonus (1:1) and

ii) Only Bonus 1:1

is there any benefit of the above bought before Ex-Date, if so what is the type of benefit and how much time it will take to credit split shares and bonus shares come to your account.

waiting for valuable advise from all seniors

thanks
jikku

 

[AMITBE]

Hi all
Can any body suggest what is the future of the Amar remidies & FCS Software stocks...just tumbling day by day..bought amar remedies @62
and FCS Software @199
jikku

Hi jikku...there is not a lot of data on Amar, and from what there is, it appears 47-49 are supports. It's trading firm today at 52 off and a close above 57-58 with better volume should give it strength.
Lack of hitorical data in FCS again makes it difficult, but by the looks of it you are in a fair bit of trouble. Very bearish at 127 now and I doubt if it will get back to your entry in the near future. Your call on this, whether to hold or exit.

About your other question, a Rs 10 share split to Rs2 would now equal 5 shares in place of 1.
1:1 bonus would make this 10 shares in place of 1.
Do check with your broker to confirm this, and he should be able to answer the rest of your question too.
Thanks.

 

[jikku]

Thanks Amit,

for the information provided.


-jikku

 

[mail2joshi]

Hi Joshi, sorry for the late reply, but my data is giving me lots of hassles..
As you said, you are ok with ITC in the mid to long term, and the results should soon take it to higher grounds.
With SAIL too, in the long term you should be fine, but wait till closer to the results to see if there is a rally. Last results were not liked much by the market. If things remain the same, pull out. While it may not have a lot of downside, it's going to be slow. Only some great results and an international uptrend in steel is going to make this move quicker.
With India Info, you have some trouble on hand in the short term weakness. This sector is a growth story in the long term, and there is every reason that there would be a recovery at some point. I'm not aware if the results are out and what they were.
On techs, it is hanging in just above a support at 126 now. Below this, 123 and 120 if tested with force, would break it further.
You are way below your entry at this time...so it's a difficult call. If it climbs above 135-137, then wait to see what happens as it would be safer here. Above 142, you should be looking for your entry level again.
Be cautious if 126 breaks, but perhaps wait for a couple of sessions...it may climb over 132, a short term refuge.
Good luck!

Hi Amit,
Thanks for your kind reply.
Now one more trouble to you this is regarding Gujarat Ambuja Cement, it went down to settle at 67.45 (-4.90), Also there is board meeting on 22/23 to decide on split or not.
Depending on that news and other factors, like overall cement market is down....should this dip can be taken as good time to hold it...or shd the basic rule "ride the trend" be followed.

Happy weekend to all members.

Regards
sjoshi