Some Good Steals...

[shrinivas]

Hi kooldude,

Definitely Jet has gone down too much now...but still beware before buying this scrip..the company, I think is not into much strategies to come up in near future...anyway, always a good deal for LONG TERM.

ganeshhity

 

[moneylaundrer]

Hi Amitda and Saint

how r u..
I had been scouting for some buy signals for positional trades on companies with gud quarterly numbers yet not overbought...here are a few companies for ur consideration..need ur advice on whether to go ahead with them

1:Lupin- PAT has shown jump from 245 to 442(mlln) QonQ,sequentially same range..the scrip had been beaten down from alltime high of 865 to 770..starting to move up steadily after results..crossover in MACD..cmp 841.10

2:Goldiam International-28% jump in PAT QonQ and 62% jump sequentially..the scrip is showing a nice trending pattern with peaks and troughs within an envelope..cmp 150.55..

3:Jindal Saw Ltd-Great set of numbers 62% jump on PAT,73% jump on sales figure..
The scrip is showing bullish divergence on RSI and crossover on MACD..cmp 415.40

4:i-flex solutions- Decent set of numbers 20% growth in PAT..
The scrip had showin a rise up to 1153 on 16th...has been consolidating since then..cmp 1145.80..

Would appreciate ur feedback on these scrips..

Regards
ML

Hi amit and saint,

Sorry to trouble u on this again,
maybe u missed it
Will wait eagerly

thanx
ML

 

[AMITBE]

Hi amit and saint,

Sorry to trouble u on this again,
maybe u missed it
Will wait eagerly

thanx
ML

Hi ML..do give till later in the day for these.
Thanks.
And for other unanswered queries too.

 

[AMITBE]

Hi Roneeth and Gaurav...
212 is an important level for Cummins to hold if you are still in.
If sustains above 212 for a bit, 216-221-226 is what it may attempt.
It may take time as gone up quite sharp.

 

[garun1979]

Hi Roneeth and Gaurav...
212 is an important level for Cummins to hold if you are still in.
If sustains above 212 for a bit, 216-221-226 is what it may attempt.
It may take time as gone up quite sharp.

Thanks. Its up on large volumes today as wel..touched an intraday hi of 210.40..think wud attempt the level 212 today only..wud hold on for a while..

Meanwhiel ur take on ITC..doesnt seem to be mvoin much...is it watin for mkts to correct..cos normally mkts and itc move in the same direction
Thanks
Gaurav

 

[AMITBE]

Another very strong counter in the engineering space is Greaves Cotton.
Has shot up over 6% at 333 now. It'll do exceedingly well going ahead where capital goods and engineering counters are the pick.
Should be accumulated at every decline.
300-306-309 may form a strong base in a falling market.

Gateway called at 215 yesterday is up at 229 on big volume today.
The support levels were mentioned then so look up previous posts.
Another strong one at these levels.

 

[roneeth]

Hi Roneeth and Gaurav...
212 is an important level for Cummins to hold if you are still in.
If sustains above 212 for a bit, 216-221-226 is what it may attempt.
It may take time as gone up quite sharp.

Hello Amit,

Than for the guidance,Exited Cummins Yesterday at 205 when the market looked weak,Still working on my exits...Got stopped out in Subhash PRojects too.

Regards

Roneeth

 

[AMITBE]

Hello Amit,

Than for the guidance,Exited Cummins Yesterday at 205 when the market looked weak,Still working on my exits...Got stopped out in Subhash PRojects too.

Regards

Roneeth

Hi Roneeth...no worry...you did very well and the market can still keel over sharply and you did the right thing.
I too exited at 207 yesterday.
Cummins will certainly come in for a correction and look for supports at 191-196.
Check for results on Subhash at NSE and if good, look for supports at levels mentioned yesterday.
Keep a close watch on Greaves Cotton. It's in the same sector as Cummins with a face value of 10 where Cummins is 2. Performance wise they are at par pretty much.
All the best.

 

[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

Hi Amit,

Any update on this?

Thanks,
Narendra

 

[AMITBE]

Hi Narendra...I'm unable to understand your enxiety on ITC.
Hold it as long as you like...give it your grand children even.

Hold it with s/l at 133 and this is only for the records.
Buy more at your entry with the same s/l mentioned.
Bye for now.