Some Good Steals...

[AMITBE]

hi all..I have shares of india cements and mtnl..should i hold or sell and come out...at current rates, i'm making nominal profits..

regards,
Ganesh

Hi Ganesh, there is a posting further up on this page on India Cements. It's not likely to fetch sharp gains in the near term, and later in January with the results coming on, you should see a rise. The activity in the recent days has been on account of certain changes in levies by the Tamil Nadu govt. which is seen as being favourable to India Cements. If you wish to hold and see, stop is at 96 or 93.

I have never considered MTNL as being a strong counter, and would exit now. There is not a lot in the company unless it's merged with BSNL.
Regards.

 

[game4trade]

Hi Amit,

Can you please share your view on Lloyd eng. cmp ~159

Thanks & Regards,
Ashish.

 

[AMITBE]

Hi Amit,

Can you please share your view on Lloyd eng. cmp ~159

Thanks & Regards,
Ashish.

Hi Ashish...don't know where you entered but it's certainly a hold. From today's movement it's seems to be attempting to break above 160 plus, with increased volume. Should the momentum continue, expect 163 where it runs into congestion. If it proves to be strong in this area, expect 166-169-171-173 for now.
Supports at 154-151-148-145-143.
If the entry is lower still, consider 143 to exit.
Follow-up later if you like.
Regards.

 

[game4trade]

Hi Ashish...don't know where you entered but it's certainly a hold. From today's movement it's seems to be attempting to break above 160 plus, with increased volume. Should the momentum continue, expect 163 where it runs into congestion. If it proves to be strong in this area, expect 166-169-171-173 for now.
Supports at 154-151-148-145-143.
If the entry is lower still, consider 143 to exit.
Follow-up later if you like.
Regards.

Hi Amit,

Many thanx for your reply. I am planning to enter this so thought of taking your advice (sorry for not specfying that). Do you think it is OK to enter at this level (with SL of 154) or should I wait for a pullback?

Regards,
Ashish.

 

[hvram]

Hi
Can you tell me about the prospects of
MARAL OVERSEAS bught @55 . cmp ~ 40
FDC bought @ 55 CMP ~ 40
GTC Industries bought @ 97
Aurobindo Pharma bought @ 340

Thanks

Hari

 

[mail2joshi]

Hi Joshi...long time no see...been well I hope.
Rajshree Sugars it seems you entered in error?
It's been running like most other sugar counters and would come in to correct surely.
If you wish to keep and see, hold with a stop at 95 or 93. It didn't quite sink today but consolidated with a drop in volume.
The charts aren't indicating an emergrncy exit, but it's certainly overbought. The concern is your high entry, so the stop should be in place.
Good luck.

Hi Amit,
Thanks a lot for your kind reply and remembering me.
I am in IT industry so sometime workload and deadlines force me away from the market.

Thanks once again

Regards
sjoshi

 

[AMITBE]

Hi Amit,

Many thanx for your reply. I am planning to enter this so thought of taking your advice (sorry for not specfying that). Do you think it is OK to enter at this level (with SL of 154) or should I wait for a pullback?

Regards,
Ashish.

Hi Ashish, you could buy above 162, or in case it slips, wait for support at 152 and get in on the bounce.
Caution is, above 165 it will run into supply so keep stops in place below 154.
Good luck.

 

[AMITBE]

Hi
Can you tell me about the prospects of
MARAL OVERSEAS bught @55 . cmp ~ 40
FDC bought @ 55 CMP ~ 40
GTC Industries bought @ 97
Aurobindo Pharma bought @ 340

Thanks

Hari

Hi Hari...will get back to you later in the morning...running out of time now.

 

[harmads]

Hi..

What do you think of VSNL at current prices (380/-). I had picked up some @375/- and want to pick up some more.

Thanks

 

[AMITBE]

Hi..

What do you think of VSNL at current prices (380/-). I had picked up some @375/- and want to pick up some more.

Thanks

Hi
There was no clear buy on the charts till last night but today it's looking better. A break above 396 will give the confirmation.
S/L 367 or 356.
The competetion is going to be tough going forward, but it's strong still.
Regards.