Some Good Steals...

[kumar7]

Amit: Uttam Galva

Hi Amit,

Can you take a look at Uttam Galva: it seems quite strong on the charts.
Is a new beakout in the offing?

Kumar

 

[AMITBE]

Hello Amit,

Could you please see Deepak Fertilizers...entered at 108,Cmp 100.

Regards

Roneeth

Hi Roneeth...been bearish lately and now below 20 and 50 DMA.
It's not so much a fertilizer stock as much a chemical stock, if I remember right and also the last quarter was flat. The recent buzz was on account of some real estate?
96-98 are crucial supports and around 95 is s/l, so take it from there.
See if a reflex rally emerges sometime soon.
Good luck.

 

[AMITBE]

...Reliance Capital from various tecnicals is showing the symptoms of an explosive move coming up sometime soon.
At 456 now, once it moves above 467 it would be in bullish territory and above 473-475 may well fly possibly meeting resistance at 491 and 497. above 525 will climb faster. Target is 550-560 first.
At the cmp, strict s/l is 445 or deeper at 438.

RC at 505, raise stop to 491. Keeps it tight.

 

[AMITBE]

Re: Amit: Uttam Galva

Hi Amit,

Can you take a look at Uttam Galva: it seems quite strong on the charts.
Is a new beakout in the offing?

Kumar

A bit early to say if the steel rally is here, Kumar.
Uttam may just be catching some air from the others.
There is congestion overhead and a clear break above 42-45-47 is confirmation.
Regards.

 

[roneeth]

Hi Roneeth...been bearish lately and now below 20 and 50 DMA.
It's not so much a fertilizer stock as much a chemical stock, if I remember right and also the last quarter was flat. The recent buzz was on account of some real estate?
96-98 are crucial supports and around 95 is s/l, so take it from there.
See if a reflex rally emerges sometime soon.
Good luck.

Hello Amit,

Thanks for your prompt response,closed at 98.80.Will see if there is a Reflex rally and try to exit.

Thanks and Regards

Roneeth

 

[shrinivas]

Thanxx amitda....

any suggestions to buy as of now....I'm waiting for your suggestions.... you know the jhatka of MTNL....I would look some options for 6-12 months from now..

ganeshhity

 

[kumar7]

Re: Amit: Uttam Galva

A bit early to say if the steel rally is here, Kumar.
Uttam may just be catching some air from the others.
There is congestion overhead and a clear break above 42-45-47 is confirmation.
Regards.

Amit, thanks a lot! hopefully it will trade between 42-45; 5% duty incease will also help.

 

[VICKY_SEEKINGINR]

Re: Amit: Uttam Galva

Hi Dear Amit..

Any take on Century TExt.

Thanks

 

[anthonyd]

Morning Amit,

Can u advice me on this stock called Teledata Info? trading at all time low, price below its eps! and its a dividend paying company.

regards,

Anthony

 

[anthonyd]

hey Amit,

Pls also look into Gabriel India if you have the time, this one also seems 2 b on the up.

Also, thanx a million for the good job you and all the other contributors r doin in here.

regards,

Anthony