Some Good Steals...

[supratik]

Amit,

Visual is ofcourse a good call at 237.

STC, I have not followed this script, but looking at the charts, I see it has visited the 190 region thrice in the last 6 months year and fallen back to the 140-50s.

Do you think this is a good time to move into the script, is this breakout today a clear trend of upmove.

Your help is appreciated.

Thanks and Regards
Supratik

 

[dinkerj]

Though it's slipped a tad to 103.80, I'm still seeing strong accumulation here. Dropping s/l to 99 if anyone in.
105-108-111 are the levels to cross, then it should move.
A dark horse and can reward well.

Which stock Amit?

 

[AMITBE]

Which stock Amit?

Global Tele (GTL on NSE).

 

[AMITBE]

Amit,

Visual is ofcourse a good call at 237.

STC, I have not followed this script, but looking at the charts, I see it has visited the 190 region thrice in the last 6 months year and fallen back to the 140-50s.

Do you think this is a good time to move into the script, is this breakout today a clear trend of upmove.

Your help is appreciated.

Thanks and Regards
Supratik

Hi Supra, this is STC India, and from my data going back to mid '03, this has attempted 185 in Sep and Nov last and that is the max. Now again it did the same and broke above.
Yes it's a buy at declines with stop at 188. Target is 230-236 first.
Keep an eye on the market though.
All the best.

 

[AMITBE]

Target reached on Nagarjuna Const.
Just hit 294.70 and fallen off a bit.
306 is the range of this move and taking half off.

This from Jan 2 if anyone in.
After hitting 105 the following morning had slipped to 286.
Now hit 312 and when closes above 106-108-112, the next leg of the rally would be underway.
May decline a bit and/or consolidate, and the next rally would begin after that. A pullback, consolidation, and a break above 312 would push it to 312-318-324-330.
A close above 112 and around 118 today itself, and it should push on further.
All these levels mentioned are conflict areas.
Waiting to pull out fully now and then will wait for all the above.

 

[AMITBE]

SRF is attempting yet another come back now at 291 off with increased volume.
If it takes out 294 firmly, it could clear 298-302 above which would turn bullish for a target of 314-320-328 first.
S/l at current 290 is 283 or 277 final.
Has under performed the last few months and may play catch-up.

 

[dinkerj]

Is IDBI in downtrend?

 

[AMITBE]

Is IDBI in downtrend?

Not till it breaks below 93.
It's congestion city above 100 to 115 and a close above 110 with better volume would give strength.
A recovery was under way along with the banking sector a few sessions ago, where laggards like Vijaya Bank and Bank of Maharashtra were rallying too, and now getting the stick along with several others.

 

[AMITBE]

Gateway has gone very soft today...surprisingly.
At 265 off now at important supports.
Should it slip further, 256-258 is strong support area.
If it gets there and at evidence of support, it can be take there with strict s/l at 248.
A good rally in the short term may materialise.
A chance worth taking keeping the above levels strictly in place.

 

[srisara]

Though it's slipped a tad to 103.80, I'm still seeing strong accumulation here. Dropping s/l to 99 if anyone in.
105-108-111 are the levels to cross, then it should move.
A dark horse and can reward well.

Amit,

what is the Scrip Name, I need to go back all the way to old posts to check the Scrip Name.

One small and humle request to members, when posting or replying just include the Scrip Name it will help all of us.

thanks.

Satya