Some Good Steals...

[AMITBE]

Cummins is rockin 202..now..shud we buy more ??????????

Hi Gaurav...no, not now I'd say...wait for a pullback.
211 seems like a block, at the most 216. Let's watch it.

 

[roneeth]

Hello Amit,

Thanks for the prompt reply.Will try to find them.Cummins touched 210.
All your mentioned levels have been reached.Awesome...

Regards

Roneeth

 

[AMITBE]

Gateway Dist. came up with flat results and taking a beating on account of that, where others Aegis, Blue Dart, Gati have done well.
I's an important sector and Gateway is a strong player.
There should be good recovery in the company by April results...tie-ups...whatever.
The stock is looking weak at 216 cmp, and coming off 214 a good support.
Should this be taken out quite likely in a falling market at some point, support lines are at 192-196-202-210.
At evidence of support at any of these it would be a great buy, not that cmp is too bad either.
Should the company come back with good numbers in April and there is no reason why it would not, this could make a killing.

 

[vizzie]

Gateway Dist. came up with flat results and taking a beating on account of that, where others Aegis, Blue Dart, Gati have done well.
I's an important sector and Gateway is a strong player.
There should be good recovery in the company by April results...tie-ups...whatever.
The stock is looking weak at 216 cmp, and coming off 214 a good support.
Should this be taken out quite likely in a falling market at some point, support lines are at 192-196-202-210.
At evidence of support at any of these it would be a great buy, not that cmp is too bad either.
Should the company come back with good numbers in April and there is no reason why it would not, this could make a killing.

Hi Amitda

Read somewhere that Gateway management is not so adept..
Otherwise a great company to be in..
noted the levels for now..

cheers
vizzie

 

[garun1979]

Hello Amit,

Thanks for the prompt reply.Will try to find them.Cummins touched 210.
All your mentioned levels have been reached.Awesome...

Regards

Roneeth

Shud we book part profits in Cummins then..or do we hold on ..have been holdin on for 9 months , as per ur advice....from 110-115 levesl anyway..

thanks
gaurav

 

[AMITBE]

Shud we book part profits in Cummins then..or do we hold on ..have been holdin on for 9 months , as per ur advice....from 110-115 levesl anyway..

thanks
gaurav

Hi Gaurav...has risen around 40% in 3-4 sessions?
Yes, time to come out perhaps.
The market has a struggle on hand and may well correct sometime soon.
The immediate upside in Cummins may not be too big at this time, but why lose profits when it slips with the market at some point?
There will be opportunities later to come in again.
This is what I will do should the Nifty slip below 2993.
Take care.

 

[ssnkumar]

Hello Amit,

How are the prospects of ITC Ltd?
I have shares of ITC at Rs. 138.

So, is it worth holding it for some more time?

Regards,
Narendra

 

[kooldude]

Hi Amit & Saint,

What are your views on Jet Airways, it is quoting around 920 right now?

Thank you

 

[bond_kk]

hi,

sorry i might be interrupting this chain...but since i am new to this market and wanted to get some information.

recently i bought stocks in PETRONET , LAKY LABS , NATIONAL STEEL AND AGRO.

could anyone let me know whether i took a right decision in buying them.

 

[shrinivas]

Hmmmmm...bond kk, seniors would reply your query, but i'm amazed what made you purchase Lyka Labs, just the rumours I believe......

Dear saint or amitda, one more query, I have still not sold mtnl which I purchased for 143..will get out of this asap....i plan to take bajaj hindustan, corporation bank...Had made profits in these scrips earlier...another scrip would be ginni filament....please suggest on these three scrips.....do definitely suggest for the ginni with detailed analysis...should i buy ginni or not....

ganeshhity