Some Good Steals...

[ramtrade]

Saint/Amit, thanks for timely update. Taken half off the table in this rally at peak.

The most precious timing I have done is to warn some people close to me to not enter into steel production (iron rod or such things) in march-april 2005. They would have got dumped if they had ventured.

The simple reason was the steel 8-10 year cycle was expected to peak in 2005 start to end period.

I think we are in a multi year down cycle in steel which started mid-2005.
4 or 5 to that to reach the lows...!! 2009-2010...

I may be wrong but I feel and advice that it is the time to exit steel stocks on rally.

Plz correct me if I am wrong.

Thanks,
nkpanjiyar

You are right. There would no reason for the steel stocks price rise even though there is some consolidation at the big companies. Most of the steel stocks have posted negative profits when compared to last quarter. The sudden rise only shows how desperate certain people for the news to jack up the stock prices and use it as a chance to get out also. Even this kind of news they are using to take the stock prices up. There is no fundamental change in the steel sector outlook as of now. Internation steel prices have not increased, chinese steel producers have become net exporters instead of consumers. Americal & European steel companies have taken production hit. Would advise caution before entering the steel stocks.

 

[AMITBE]

Hi Amit,
here are a list of stocks I entered in recent past. Though I hate to bother you too much, but market climbed from 6000 to 9500 (since i started trading), my net portfolio is showing loss. Reason is, I do analysis in such a way that only i understand what I am doing (and ofcourse market doesnt understand that and so doesnt follow my prediction).I thank you and saint as I really made money on your reco (to compensate the loss I incurred on my self analysis )
In last few days I entered in few stocks:
MTNL - 140
Infy - 2855
Bongai refinery- 73
SAIL- 50
Ashok Leyland- 30
VSNL-370
Bombay Dye- 360
GAIL- 277
Visual Soft (your reco) - 240 (below SL described by u 232, but am holding as u too holding it )
Bharti- 333 again your reco
HIMSEI (ICICI code) - 142 -- Saint's reco
Escorts - 82 (perhaps my mistake. I am obsessed. Saint warned to touch this stock, but I couldnt resist)

Also, I am in heavy loss in:
Shyam Tele -- 123
Guj NRE -- avg 130 (now 94!!! Thinking of selling it)
IDBI -- 106
Bank Of India- 135 (crossed SL. Sold 1/3rd at 126. Now 123. )

Your view on these stocks pls.

Hi dinkerj...to complete your list:
Ashok Leyland...the company should really issue some bunus shares just to reward the investors for their patience in this counter. This counter is known to flatter to deceive the investors over and over again. Hang in there if you like with a s/l at 29. Some day it'll travel...and being a one Rupee share, may not make the ground tremble when it does eventually move. A close above 33 would set it up for a move.
VSNL...is a decent counter and gave a good entry in October-November last year at sub 300 levels. You are in high and a close above 380 would be good and above 395 would see higher levels at 420-430. S/l is 350.
Bombay Dyeing has been holding in bullish territory above your entry...possibly waiting for results on Monday? If good, expect a decent upside from current levels. S/l 352.
Gail is a hold with s/l at 165. This will do very well in the mid to long term.
If HIMSEI is the same as HIMATSEIDE then a breakout should come soon. Above 145 with volume would set it up to break past 149, then up and away. S/l is 133.
Escorts is making good signs but may turn out to be a speculative move. The company has much ground to cover on the fundamentals front. A break above 92 may carry it to cross the 100 mark. S/l is 76, or 74 if you are quite so obsessed by it.
Visualsoft has just announced flat results...and I hope you had stopped out as suggested. It's still a great play in the mid term and would be a good buy at 205-210 if it gets there.
This covers all your stocks....do go back a few pages to access the rest...have been done in lots.
All the best dinkerj.

 

[kooldude]

Hi Amitbe/Saint,

What do you think about the Shree Rama Multitech at the current levels. Does it look attractive? And is the company with strong fundamentals?

Thank you

 

[AMITBE]

Yea man holding on..for sure..thanks

One pick u cud have a look at possibly..is Mold tek cmp 46..bse code 526263(ambani has a stake of 7,5% in it)...a mix n match of bpo and plastic molding stuff..

If u cud give me ur email id or smthin i wud send across a revenue model i hv done for this scrip...thote i cud share....FA target works out around 75..(12 month)..

its an excel file let me know ur id...wud like ur views..

Thanks
Gaurav

Hi Gaurav...this take is off the charts alone, and at this point there is no evidence of an upside though it may be bottoming out soon...37 to 41 may be it and this is also s/l at cmp.
A close above 49-53-56 would hasten it towards 65 and above this to 71-74-77. When this happens is impossible to say but it will likely follow the numbers listed. Make a note if you are in.
Will check the Excel file later and write back.
Bye for now.

 

[AMITBE]

Hello Amit,

yes was a long wait but gave a fantastic breakout today.I am still holding Cummins.
Any idea about the india cements results?
Holding Varun Shipping from 75 ,cmp 83 had intrady high of 86 today,If possible when time permits could you please give your view on its expected target.

regards

Roneeth

Hi Roneeth...Varun Shipping is on the climb and a close above 84-85 keeps it in the running for the following levels: 87-90-93-96 first. S/l is 72 at this point if holding for a while or 78 to keep some profits to come in lower. 72 remains a strong support.
Let me know.
Thanks.

 

[AMITBE]

i have tata coffee 10 shares @ 325 and pricol 120 @ 53 . i am currently on losses what should i do

Hi saamy...sorry I'd missed this earlier.
Tata Coffee has come out with flat results...marginally in the red. The stock has taken a bit of a whack but may bottom out soon at current levels. To the up a close above 332-335 would help stablise it.
Pricol has critical support between 44-46 and below can dip deeper. A close above your entry is the minimum it has to do for an upside.
Do check back in a few days.
Good luck.

 

[AMITBE]

Amitda, thanks for the info on Lyka Labs. You are awesome. I sincerely appreciate your expert comments and guidance.

Hi share_guy_108...thanks friend. Its expression of warmth like this that makes all the efforts so much worth it. Do followup when needed.
Cheers.

 

[AMITBE]

Thanks Amit for the response.

I made entry on this at 32, but I'm exiting today around 52. I bought this when Kaante was released It had touched 87 couple of months back but did not get a chance to exit. Not much action in this script lately even in this strong bull market. It's only the good ones rocking. I remember the IPO was 155 for this script. I would consider entering at 30 level again if reached

What do you think about Bharti Tele for a 3-month perspective, this company is solid strong?

Thanks again...

Hi Kooldude...Bharti is a hold for your time frame. Accumulate at every decline is what I have been doing. A stock like this won't be down for too long...and will quite likely outperform even if it hasn't done too much the past quarter. It has been consolidating very well.
334-321-310 are supports.
Regards.

 

[game4trade]

Hi Amitda,

Can you please share your views on Aarvee denim. (BSE code 514274).

Is it a buy now? MACD crossover with good volumes and a good result this Q. resistance at 136-138 level... (just trying to share what i have learning so as to fine tune my method......pls correct me if I am wrong anywhere).

Looking forward for your views.

Cheers,
Ashish

 

[ajesh]

hello all i am new to this forum and trading market although i am holding some stocks

will just like some help from u ppl regarding my holdings i am a long term investor

ashok leyland -50shares- 30.36
sbi -15shares- 896.54
reliance ind -10shares- 693.11

what is the future of this share
i also invested in bob ipo
will also like to know whether it is safe to enter in ranbaxy or long term
i am student

knowledge is not everything practice makes a make a man perfect use ur knowledge and be a perfec man

thnks!11111

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