Some Good Steals...

[darsh_goswami]

Sorry i forgot to write something.

For tomorrow i m seeing 830 as resistance and 813 could be a good support for the Reliance ,.. M i right @ Amit ,. plz reply ,...

Regards
Darsh

 

[AMITBE]

Sorry i forgot to write something.

For tomorrow i m seeing 830 as resistance and 813 could be a good support for the Reliance ,.. M i right @ Amit ,. plz reply ,...

Regards
Darsh

Hi Darsh, your other question about determining targets I'll need to come back to later.
Yes, there are supports for Reliance at 810-815. 792-781 are further below.
It'll continue to be strong above 820 and sustaing these levels, can move to 840, but not all in one day.
Regards.

 

[Sai]

Hi Amit,..

One querry ahead ,.. Tisco is trading below its all 3 major moving avg. 50 Days, 100 Days n 200 Days ,.. Can u please explain me what is cooking on this stock? What kind of pattern is there on the chart?

Reliance had given breakout today with good volume. What next ? What could be the next target price,..? I dont know how to decide the Target, Can u please mail me regarding how to determine targets ? my email is [email protected],. hope i will hear very soon from ur side,..

Regards,..
Darsh Goswami

Hi Amit,

Pls consider sharing "how to decide the target" with the forum. This would be beneficial to many of us, I think.

Thanks and regards

 

[AMITBE]

Hi Amit,

Pls consider sharing "how to decide the target" with the forum. This would be beneficial to many of us, I think.

Thanks and regards

Hi Sai...yes I will in a day or so as I've been busy, and will only post it here.
Best wishes.

 

[AMITBE]

Amit & Saint. I have been waiting watchin as suggested. The market has picked up again and sensex closed at 8,595.92 +101.63pts
Should i wait? The stocks I have on my watched list have surged from 2 to 8% since the last low.

I am keen on Wipro, Gateway distri, Bharat tele, ICICI

Also understand ICICI coming with a new IPO issue.

thanks in advance for your advise
Lawrie

Hi Lawrie...all your shares except ICICI are good for further gains. They are all high now and could be taken at declines, assuming you would hold in the midterm. You could add Aegis Logistics to the list too, the other player besides Gateway in the pack.
I don't know about the IPO in ICICI, but charts are looking pretty bad.
Regards.

 

[roneeth]

Hello Amit!

Want is your opinion regarding Bata, Volumes are back,cmp 162...
Is it time to Exit??

Regards

Roneeth

 

[AMITBE]

Hello Amit!

Want is your opinion regarding Bata, Volumes are back,cmp 162...
Is it time to Exit??

Regards

Roneeth

Hi Roneeth...you may want to wait...it's making a third attempt at breaking past 164, and if it does so you are likely to see a little spurt at least. Watch for now..it's been moving against the market all morning.
Regards.

 

[roneeth]

Hi Roneeth...you may want to wait...it's making a third attempt at breaking past 164, and if it does so you are likely to see a little spurt at least. Watch for now..it's been moving against the market all morning.
Regards.

Hello Amit!

Thanks for the prompt response as always.

Regards

Roneeth

 

[AMITBE]

Hi Amit,..
One querry ahead ,.. Tisco is trading below its all 3 major moving avg. 50 Days, 100 Days n 200 Days ,.. Can u please explain me what is cooking on this stock? What kind of pattern is there on the chart?
Regards,..
Darsh Goswami

Hi Darsh...had missed this one.
The steel sector as a whole is in a downtrend and Tisco is suffering too despite being one of te best companies world wide. That's all to it.
This is reflecting in the charts and the moving averages etc. If it breaks above 390 it may progress but looks unlikely. A drop to 330-340 would weaken it further.
Regards.

 

[hemanta_baishya]

Dear members,

I am Holding the following stocks.
ITC@121
Hindalco@136
Mphasis@137
Cesc@118
HPCL@344

Please give your precious feedback on the folloing. Thanks..