Some Good Steals...

[mejo]

Amitda,

People are speculating that market may go for a deep correction before budget.

Can you pls specify some mid-large caps those can be bought in this phase for long term invenstment ?

What's your email id ?


Thanks
Mejo

 

[xtiger]

Hi xtiger...could you give BSE code and where it's trading now please.

Amit bhai BSE Code for WS Industries is 504220.

 

[ragh_ash]

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.

hi amitbe,
pl say the same for M & M.
regards

 

[AMITBE]

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 ML...
Lupin may find support at 808-812-816, and if so, it can be entered with s/l at 804. If 804 goes then 790 would be next support. To the up, a close above 828-835 with volume would see 864 first and closing above here would add another40-50 points.
Goldiam International may take support at 131-135 area. A close above 147 should bring a move to 152 above which 157-162-167 would be the next goal.
Jindal Saw needs to close above 425-429 with good volume to force the pace at this point. First target then would be 450 with 403 as s/l. A close below 403-396 would render it weak.
I-Flex sits above the support area at 1070-1080. Below this 1058-1047 levels are good too. Look for supports here to enter with 1014 or 1025 as s/l. A strong close at 1162-1168 would bring a good upside.
Let me know.
Regards.

 

[moneylaundrer]

Hi ML...
Lupin may find support at 808-812-816, and if so, it can be entered with s/l at 804. If 804 goes then 790 would be next support. To the up, a close above 828-835 with volume would see 864 first and closing above here would add another40-50 points.
Goldiam International may take support at 131-135 area. A close above 147 should bring a move to 152 above which 157-162-167 would be the next goal.
Jindal Saw needs to close above 425-429 with good volume to force the pace at this point. First target then would be 450 with 403 as s/l. A close below 403-396 would render it weak.
I-Flex sits above the support area at 1070-1080. Below this 1058-1047 levels are good too. Look for supports here to enter with 1014 or 1025 as s/l. A strong close at 1162-1168 would bring a good upside.
Let me know.
Regards.

Thanx alot Amitda,

I know the queries can be taxing on u..thats why it makes it so much more valuable when u put in the effort to help..

Regarding the scrips..I will follow the levels u mentioned.. will inform u if ne sup/resist is breached..

Regards
ML

 

[AMITBE]

Amit Bhai, grateful if you can comment on WS Industries. I entered at 59. Hold or Sell or Average.

Hi there xtiger...this one seems very oversold and should flatten out sometime soon..51-52-53 perhaps. A close above 58-60 would bring it back to life and then it should be seen what it does.
In a falling market 48 comes up as the last support.
Your call on what you want to do, but do follow up if you like.
All the best.

 

[kooldude]

Hi Kooldude...further the better from this one...unless you want to go in for a couple of years at least...international flights and Sahara notwithstanding.
Regards.

Thanks Amit...further the better at least for now.

Finally now since Bharti has closed above 363 today, what do you suggest about the targets and S/L. Long term view would also be helpful.

thanks

 

[bond_kk]

Amit,

Many thanks for u'r reply. i have entered into these stocks at the following rates..

PETRONET 64/-
LAKY 66/-
NATIONAL STEEL AND AGRO 22/-

I would really appreciate u'r reply.

 

[AMITBE]

Would anyone have any news on Greaves Cotton?
It's taking a thrashing for some reason.
Depending on what's cooking this may be a dead steal at cmp 267.
Do check and post please.

 

[roneeth]

Hello Amit,

Following i found in money control, What is your opinion?

DBH International Pvt. Limited has informed the Exchange that they propose to acquire 48,90,503 equity shares of aggregating to 10.35% of the shares/voting rights of Greaves Cotton Limited under inter se transfer between promoters from Solaris Holdings Limited. The mode of proposed acquisition is by way of interse transfer between the promoters and the date of proposed acquisition is any time after 4 days of this notice. The proposed acquisition price per share is at mutually agreed price of Rs.71/- per share between the promoters. The shareholding of DBH International Pvt. Limited after the proposed acquisition is 11,802,857 shares aggregating to 24.99% of the shares/voting rights of Greaves Cotton Limited. English Indian Clays Limited has informed the Exchange that they propose to acquire 20,00,000 equity shares of aggregating to 4.23% of the shares/voting rights of Greaves Cotton Limited under inter se transfer between promoters from Solaris Holdings Limited. The mode of proposed acquisition is by way of interse transfer between the promoters and the date of proposed acquisition is any time after 4 days of this notice. The proposed acquisition price per share is at mutually agreed price of Rs.71/- per share between the promoters. The shareholding of English Indian Clays Limited after the proposed acquisition is 20,00,150 shares aggregating to 4.23% of the shares/voting rights of Greaves Cotton Limited. Bharat Projects Pvt. Limited has informed the Exchange that they propose to acquire 10,00,000 equity shares of aggregating to 2.12% of the shares/voting rights of Greaves Cotton Limited under inter se transfer between promoters from Solaris Holdings Limited. The mode of proposed acquisition is by way of interse transfer between the promoters and the date of proposed acquisition is any time after 4 days of this notice. The proposed acquisition price per share is at mutually agreed price of Rs.71/- per share between the promoters. The shareholding of Bharat Projects Pvt. Limited after the proposed acquisition is 10,40,000 shares aggregating to 2.20% of the shares/voting rights of Greaves Cotton Limited.

Regards

Roneeth