Some Good Steals...

[stockfreak]

Hey stockfreak...good to see you back after so long.
Hope you've learnt lots of new tricks and will share them with us.
Cheers.

yep...lots of homework en tricks lol..tryin to get time to come in here..em moving abroad in a week...been buzy these days..will try to pithc in my 2 cents worth as an when i can ....cheers

 

[amitagrawal_2000]

Hello Amit,

I have purchased jet airways @ 1006 /-
Please suggest How long should I stay in this stock.

Thanks a lot

-Cheers
AmitA

 

[roneeth]

Roneeth

Great Entry, My friend. It is surly a long term stock. With the empasis on Infrastructure contruction companies are likely to do very well. Just look at

Hello Karthik,

Thanks a lot.Surely missed your posts during your vacation....Hope to read more of them.Hope you are enjoying a very pleasant climate now...

Regards

Roneeth

 

[Dhanan]

Hello Amit,

Can u tell me about the prospects of KCP ltd. It has risen very sharply of late. Can I exit now or wait for further appreciation.

Thanx

 

[AMITBE]

Hello Amit,

I have purchased jet airways @ 1006 /-
Please suggest How long should I stay in this stock.

Thanks a lot

-Cheers
AmitA

Hi AmitA...Jet is not on many buyers' list even if it's at pretty much rock bottom. There has to be some upside from here but you really need to be in for the long term to make significant gains. And long means really long.
I would personally take my money out in the next rally and put it elsewhere for a better percentage return. As it moves several Rupees when it does, see how it does and take your options.
Over the long term the Sahara investment and international routes would add to the topline...but the bottomline would remain vulnerable.
See how it does and take it from there.
Regards.

 

[AMITBE]

Hello Amit,

Can u tell me about the prospects of KCP ltd. It has risen very sharply of late. Can I exit now or wait for further appreciation.

Thanx

Hi Dhanan, yes more than a 100% since end December and time for a bullback perhaps.
From the readings here 195-200 is a support area so why not take half out now around 107 cmp and hold the rest to see if the support area holds. If it does, KCP needs to clear 215 as a condition to go further. Theoratically 230 plus is the level.
195 would be exit.
It's way way overbought for now and some correction is more than likely.
Good luck and update if you like.

 

[ssnkumar]

Hello Amit,

Please throw some light on the prospects of:
1. Crompton Greaves
2. Berger Paints
3. Mahindra & Mahindra

Today itself Crompton Greaves jumped by more than 3%!
I think they are going to announce the results today and people are expecting good results

How do you see these for long term and also short term?
Are they having good fundamentals?

Thanks,
Narendra

 

[AMITBE]

Hi Dhanan, yes more than a 100% since end December and time for a bullback perhaps.
From the readings here 195-200 is a support area so why not take half out now around 107 cmp and hold the rest to see if the support area holds. If it does, KCP needs to clear 215 as a condition to go further. Theoratically 230 plus is the level.
195 would be exit.
It's way way overbought for now and some correction is more than likely.
Good luck and update if you like.

Dhanan, as KCP is moving again wait for it to close above 215. If so, the possible following levels: 220-224-228-234-238. These are potential levels provided it keeps above 215 and keeps the momentum. For the rest the above supports etc are valid.
Trail stop is another option, though more arbitrary.

 

[sachinrs]

Amit bhai can i enter in ponni sugar or gayatri sugar at current levels, pls suggest me.....

Regards, njoyyyyyyy

 

[AMITBE]

Hello Amit,

Please throw some light on the prospects of:
1. Crompton Greaves
2. Berger Paints
3. Mahindra & Mahindra

Today itself Crompton Greaves jumped by more than 3%!
I think they are going to announce the results today and people are expecting good results

How do you see these for long term and also short term?
Are they having good fundamentals?

Thanks,
Narendra

Hi Narendra...if you are in they are all a hold with great fundamental stories.
I would only be able to do a detailed take tomorrow if it's ok.
Regards.