Some Good Steals...

[AMITBE]

Roneeth, if you are here...
Bata has reached some difficult levels at 175-177 with supports at 172 and 167.
If you like you could book out two thirds of your position here and hold the rest for the next target area of 178-182. Can't say when it'll get there...a few days or weeks? It'll rally on after a close above 177. For now it seems quite high into this move.
Or take it all some place here and hand it over to the next buyer...you'll have earned good profits in addition to some good Karma!
Regards.

No Roneeth..a surprise move in Bata...testing 180 already.
Hold it for tomorrow and see.

 

[AMITBE]

Dear Amit,

Hi, I was saddened to read that u were going to take a break, will miss ur inexpensive support and guidance. Then again i was relived when i read that u will be on fifty fifty. Just make sure that u dont stop sharing ur great knowledge with ppl like me who are continuing to benefit immensely from it. By Best wishes to U.

Amit if u dont mind, can u advice me about Aegischem. I have entered it arnd 236.5 now its moving between 270-280 . Shud i book profits or shud i wait.

Thanks in Advance.

Rgds
Nirmal

Hi Nirmal...yes I just want to take some time out and do some reading and research, and you could check with Karthik too.
Aeigs is way up there and while this sector has taken the players' imagination and will do well further, you may look to 273 and 267 as immediate supports. It'll certainly go further but should need some correcting and consolidating. A a close above 288 is likely to take it to the next target area of 296-300.
A possibility is take your investment out and let the rest run...or take out some profits and let the rest be...I'd take some off now for sure. That way some profits are locked in.
Take care.

 

[roneeth]

Roneeth, if you are here...
Bata has reached some difficult levels at 175-177 with supports at 172 and 167.
If you like you could book out two thirds of your position here and hold the rest for the next target area of 178-182. Can't say when it'll get there...a few days or weeks? It'll rally on after a close above 177. For now it seems quite high into this move.
Or take it all some place here and hand it over to the next buyer...you'll have earned good profits in addition to some good Karma!
Regards.

Hello Amit!

Thanks for the Message ,Exited at 179...
Good Trade after a long time... Thanks to you....

Regards

Roneeth

 

[ssnkumar]

Hi Nishant...thought I'd reply to this as it's pending.
Gateway is showing a good base at 260. You could consider taking it above a close of 266 when it appears well sustained there with a stop at 260 though 254 would be quite good.
Reliance is sticking at 828-830 and should it fall off from here, 810-817-824 are immediate supports and further down 795-788-781 are also good. Look for price weakness and then support at the levels mentioned to consider entry. To the up past 830, 839-847-855 are the next immediate levels it may see.
All this is subject to the market conditions, and should the market run up to test the previous high areas, Reliance would certainly have a fair deal to with it. If you can hold in the mid to long term, it'll give great profits.
Check with me from time to time if you decide to go in.
Good luck.

Amit,

Reliance is scheduled to demerge in another week.
And all the shareholders will get shares in all the 4 new companies in 1:1 ration.
But, what will happen to the price of Reliance shares.......will it be brought down to reflect the changes/demerger!?

Regards,
Narendra

 

[AMITBE]

Amit,

Reliance is scheduled to demerge in another week.
And all the shareholders will get shares in all the 4 new companies in 1:1 ration.
But, what will happen to the price of Reliance shares.......will it be brought down to reflect the changes/demerger!?

Regards,
Narendra

Hi Narendra...this was pending and wanted to close it.
I'm afraid I'm not aware of what is going on here, you may want to check with your broker, or another member could help you.
There's going to be some unlocking of valuations it would seem.
Thanks.

 

[roneeth]

Hello Amit,

As you said the good results will show sooner or later....
Cummins at 171 ....had added one more lot at 153 on friday.

Thanks
Regards

Roneeth

 

[AMITBE]

Hello Amit,

As you said the good results will show sooner or later....
Cummins at 171 ....had added one more lot at 153 on friday.

Thanks
Regards

Roneeth

Fantastic and great going Roneeth!
Can't remember where you took the first lot.
166 is imediate support and 174 resistance. Past 174 expect 178-182 first.
Cheers.

 

[bhatia1405]

How is Advani Hotels looking as a Buy.
I want to enter and hold for at least 1 year. Is it worth investing in this stock

 

[AMITBE]

How is Advani Hotels looking as a Buy.
I want to enter and hold for at least 1 year. Is it worth investing in this stock

Hi bhatia1405...the chart looks pretty good, but I have no idea on the fundamental picture. You may want to look into the fincials at the BSE website and on advain's if they have one.
The hotel industry is poised for growth and being invested in quite widely.
You could look at others in this segment also.
This is brief but I have not tracked Advani before, Do look into the financial results and future plans etc if you are loking to invest.
Regads.

 

[roneeth]

Fantastic and great going Roneeth!
Can't remember where you took the first lot.
166 is imediate support and 174 resistance. Past 174 expect 178-182 first.
Cheers.

hello Amit!

Cummins is trading with low volumes today,taking support at 162 and reacting at 164..

Regards

Roneeth