Some Good Steals...

[AMITBE]

Hi Amitda !!

The effort u put in answering is commendable..
Perhaps the reason u command so much respect in teh forum..
Really amazin..

Amidta, I got the wide range bar thing that u said. There were quite a few of em in teh 95-101 range. But the price action, the density, that u mentioned, it was there in teh 95-101 range but also slighlty above. From my first look at the charts, couldn't quite make the 95-101 region had it not been for ur post.
I guess I am missin smthing in here. Whenever, u find time, Amitda, could u pls just give a similar explanation for some other stock.

Would help greatly.

Thx again for making a beautiful subject all the more exciting.

Sincerely appreciated

cheers
vizzie

Vizzie, thanks for those most affectionate words.
It's enough gratification to know that a few old friends here are making great efforts and progress in the world of trading and TA. If I have been of assistance I'm really happy for it. We do have an exceptionally great forum going here, thanks to Traderji.
I'll come back with an example or two in due course.
Cheers Vizzie.

 

[roneeth]

Hello Amit,

Hope you had a Great Weekend.

Kernex Flying again ...
greaves also looking strong ,got in Reliance Capital Ventures.

Thanks and Regards

Roneeth

 

[roneeth]

Hello Amit,

Can i enter Reliance Communication ,its trading at 284 .

Thanks and Regards

Roneeth

 

[AMITBE]

Hello Amit,

Can i enter Reliance Communication ,its trading at 284 .

Thanks and Regards

Roneeth

Hi Roneeth...it's just around where it was slated to be listed in the media, which is an advantage as this price is deemed to be fair value.
It's got a lot going for itself, and sooner than later FII investment cap would be raised perhaps in a few weeks, so till that happens FIIs are out of the picture. In the meanwhile whether the current holders do some profit booking is the issue.
Even so, it's a great investment, whether here or at declines, if at all. Not a lot of risk.

Yes, Greavs Cotton looks good, and Kernex is attempting to find a stable level still. Another good one going ahead.
RCAPVL is good too. I'm not sure how the merger with Reliance Capital is going to pan out, but RC is heading to become a financial powerhouse I'm sure.
All the best.

 

[shrinivas]

Dear Amitda,

Would appreciate your suggestions on the following stocks-

Rel Capital Ventures Ltd.
Reliance Communication Venture Ltd.
Reliance Energy Ventures Ltd.

I'm totally unaware of them...


Can I enter them righty now, else wait for some dips(if there is any dip)....

Holding back my archies which was purchased at 165....166 and 183...Gayatri sugar purchased at 20...exitted from rest all at good profits..thanxx for all your suggestions...

ganeshhity

 

[roneeth]

Hi Roneeth...it's just around where it was slated to be listed in the media, which is an advantage as this price is deemed to be fair value.
It's got a lot going for itself, and sooner than later FII investment cap would be raised perhaps in a few weeks, so till that happens FIIs are out of the picture. In the meanwhile whether the current holders do some profit booking is the issue.
Even so, it's a great investment, whether here or at declines, if at all. Not a lot of risk.

Yes, Greavs Cotton looks good, and Kernex is attempting to find a stable level still. Another good one going ahead.
RCAPVL is good too. I'm not sure how the merger with Reliance Capital is going to pan out, but RC is heading to become a financial powerhouse I'm sure.
All the best.

Thanks a lot for your prompt response.

Regards

Roneeth

 

[AMITBE]

Dear Amitda,

Would appreciate your suggestions on the following stocks-

Rel Capital Ventures Ltd.
Reliance Communication Venture Ltd.
Reliance Energy Ventures Ltd.

I'm totally unaware of them...


Can I enter them righty now, else wait for some dips(if there is any dip)....

Holding back my archies which was purchased at 165....166 and 183...Gayatri sugar purchased at 20...exitted from rest all at good profits..thanxx for all your suggestions...

ganeshhity

Hi Ganesh...all good ones, but can't say about dips. In any case these are to be bought and forgotten about for several months. Should see good growth. They are all in important sectors. That's what I'm doing.
Great to know you made good profits!
Best wishes.

 

[mkshekar]

Hi amitbe. would you please give your views on divis lab ot seems to have broke out. I have entered at 1815. please.

 

[AMITBE]

Hi amitbe. would you please give your views on divis lab ot seems to have broke out. I have entered at 1815. please.

Hi mkshekar...entered on the run, but looking good.
At this time from a longer term perspective it's important for Divis to hold and close above 1814-1829-1844 to seek higher levels. Once in this area we could track forward.
Supports are1799-1784-1777-1770-1763-1756.
It's a good breakout and a hold.
Good luck.

 

[rvgandhi]

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.

Dear AmitBE,

Please share your views on Uttam now... its trading around 45.80 today.. is it a reaction to the news on the export order ? what are your recommendations ?