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AMITBE

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Re: Amit: Uttam Galva

rvgandhi said:
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 ?
Hi rvgandhi...for some reason I've found it very difficult to get into the forum all afternoon. Anyone else had the same problem?
Uttam is a hold, and of course reacting to the big 750 crore order.
Will come back with more later. Just can't get in easily...have already lost a post earlier.
Regards.
 
Quote:
Originally Posted by ramtrade
Hi Saint,

Never used TRIX. Have been hearing this for quite some time in here bot never checked. Can you suggest some sites or materials where i can look at this...? I compeltey agree with you Saint. I guess the news played a major role for the Friday's move. When i read its annual report, i did not find anything worth good. It's only this year there have been good developments in this company with all the hightened emphasis of the energy by the goverenment.
Another stock which i was looking at was RPG Life sciences. Need your inputs and advice on this once you are back from your vacation.

Thanks
Ramesh

hi amitbe
even i am finding RPG life sciences good.
(SEARLE on NSE)
ur views regards
 
hello Amit,

On Aztec,i can see Bullish Continuation Symmetrical Triangle being formed both in weekly and Daily Charts.The prices have stayed well above the first low of 207.The volumes have retracted and there is also decrease in volatility.
Can we project a Price Target of 250 over here.

Thanks and Regards

Roneeth
 

AMITBE

Well-Known Member
Re: Amit: Uttam Galva

rvgandhi said:
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 ?
Hi rvgandhi...a few facors at work here. The metals sector is ralling after a long spell ever sice the Mittal new and the Chinese producers' intentions of raising steel prices. Then there is the news on Uttam that caused the big rise yesterday. It seems the company would be coming out with decent numbers in the last quarter.
Technically we'd like to see 50-52-54 levels sustained with volume for further progress. The various indicators are of course positive except it's way overbought at this point.
It's not easy getting into a counter with much supply overhead, and if not in, perhaps wait for a pullback as 43 is a good support area. There is much congestion to the down as well and would form supports.
All the best.
 

AMITBE

Well-Known Member
Hi Roneeth, the shadows of litigation have faded from Indiabulls and now getting back to it's due place.
Still, let's wait and see where it settles after this outburst to take a call further.
219-224-229 are important supports and maintaining around these would be a positive.
Will be back later on your query on Aztec.
All the best.
 
Hi Amit,
Would like to know about the prospective of Rain Calcining.
I entered @ 49 :(

Should I exit and put that money to somewhere else or wait for some time.

Regards
sjoshi
 
AMITBE said:
Hi Roneeth, the shadows of litigation have faded from Indiabulls and now getting back to it's due place.
Still, let's wait and see where it settles after this outburst to take a call further.
219-224-229 are important supports and maintaining around these would be a positive.
Will be back later on your query on Aztec.
All the best.
Hello Amit,

Wow....230...India Bulls,Was off my desk for sometime.Thanks a lot for the update and also remembering.
On Aztec please take your time .
Can i keep 170 as stoploss in Hindustan Construction,Torrent Power also is looking strong after the consolidation.

Thanks and Regards

Roneeth
 
Hi Amit,
Also want to have your views on RCAPVL.
I have made entry into RNRL @ 18.5 and RCVL @ 284, just curious if RCAPVL have some good story with it for middle term.

Regards
sjoshi
 
Re: Mold tek

roneeth said:
Hello Amit,

Wow....230...India Bulls,Was off my desk for sometime.Thanks a lot for the update and also remembering.
On Aztec please take your time .
Can i keep 170 as stoploss in Hindustan Construction,Torrent Power also is looking strong after the consolidation.

Thanks and Regards

Roneeth
Hi Amit,

hope ur doin good..need ur advice on mold tek (526 263)..after hitting a low of 33.3 ..it has recovered in the last 5 trading sessions to hit 51.75..has been up +10 percent for 3 trading sessions ..

cud u help me out with a target for this stock..

Bye
Gaurav
 

AMITBE

Well-Known Member
mail2joshi said:
Hi Amit,
Would like to know about the prospective of Rain Calcining.
I entered @ 49 :(

Should I exit and put that money to somewhere else or wait for some time.

Regards
sjoshi
Hi Joshi, Rain Calcining's been in a range since June last, so very obviously flat fundamentals are behind this.
Recently there speculation of a foreign acquisition by the company that may have caused the spurt.
It's a decent counter in an important area of clcining and has recently incorporated a wholly-owned subsidiary in British Virgin Islands for enhansed capacity.
If you are in for the mid to long term, then it's a hold. 42-43 is a strong support area. No comments whether you should sell or not.

RNRL and RCVL...great going...will do well.
The story on RCAPVL is as good as you'll like to hear. It's a strong hold.
Good luck.
 
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