Hi all,
Chances like Voltas and Aftek dont come every day and I hope some of the members made it to them.
For the first time since I called it at 118, GujNRECoke has closed above 130. From here it has one level to cross: 134. Past this, it will turn bullish for a rally to 140 and then to 150. Wait for it to cross 134 first. By this I mean a close above 134 and not an intraday crossing of it, unless it does so very clearly.
Should the market turn volatile and dips further over the next couple of days, try to keep cash on hand as there will be lots of good buys available. Will keep posted.
Hi roneeth, nice to see you here again. Both Arvind and Sonata are in short term correction it seems, though Arvind was making attempts to break past 133 today. The rally will commence past 133 once the market calms down as this happens to be one of the most volatile scrips I have seen.
I am also holding Sonata at higher levels. It has tested 34 recently and will get back once the money returns to the IT scrips. I'm happy you picked up Aftek.
Im suggesting some levels for Escorts as it seems you are still holding. Has support at 98 then at 92. It made a nice move to 106 today and I wonder if you got off. A rally to 106 plus may yet materialise tomorrow so keep an eye.
Hi sharvno, I dont use Metastock or any other software. I build my own database daily and work with it mainly.
This much for now.
Chances like Voltas and Aftek dont come every day and I hope some of the members made it to them.
For the first time since I called it at 118, GujNRECoke has closed above 130. From here it has one level to cross: 134. Past this, it will turn bullish for a rally to 140 and then to 150. Wait for it to cross 134 first. By this I mean a close above 134 and not an intraday crossing of it, unless it does so very clearly.
Should the market turn volatile and dips further over the next couple of days, try to keep cash on hand as there will be lots of good buys available. Will keep posted.
Hi roneeth, nice to see you here again. Both Arvind and Sonata are in short term correction it seems, though Arvind was making attempts to break past 133 today. The rally will commence past 133 once the market calms down as this happens to be one of the most volatile scrips I have seen.
I am also holding Sonata at higher levels. It has tested 34 recently and will get back once the money returns to the IT scrips. I'm happy you picked up Aftek.
Im suggesting some levels for Escorts as it seems you are still holding. Has support at 98 then at 92. It made a nice move to 106 today and I wonder if you got off. A rally to 106 plus may yet materialise tomorrow so keep an eye.
Hi sharvno, I dont use Metastock or any other software. I build my own database daily and work with it mainly.
This much for now.