Some Good Steals...

[ssnkumar]

Hi Narendra,
Sorry about the losses...several weeks ago I'd advised you to sell both Eicher and Hind Petro.
Never mind...
Regards.

Yes. After your suggestion only I decided to drop Eicher and HPCL.
Anyway, no use regretting the past. But, I have to learn a lesson or two from that.

Don't take Duncans if you are low on cash.
A dark horse is an unknown contestant or one who unexpectedly wins a race.
Regards.

From your message, what I can make out is, Duncan is risky and it has the potential to give very good returns. Right now I am not taking it.
Will look for some known company

Thanks,
Narendra

 

[AMITBE]

AMIT, let me add to Guruji (if you will), a Sage in his own global niche...

It's night & night alone that spells what is darkness,
'coz to know what is more you've got to know what is less;
When it dawns a new day and light drives out the night,
it'll make you still wonder who has all the might.

Is it the black or the white in the grey that you choose,
which darkens the pale or lightens the hues?
A few quizzical posers to wizards everywhere,
just answer them straight & wisely & fair.

When the end does come & the black & the white,
swallow the grey & claim their own right;
That's when you would have to cough up the score,
'coz buddy, my pal, you'll face what's in store.

And AMIT, wrong category posting perhaps but please don't trigger me off with verse. I'll go bonkers & just respond likewise, likeable or not .

And, And AMIT, your style & prose (technical or otherwise) is very, very laudable indeed. Another facet of your's, perhaps under-tapped. Pls do go to the general chit-chat category more than once in a while if you can. I for one will be happy. sh50!! you too. Are you listening my friendly bard?

Hi Jaideep...style and prose have been stumped by your reply and verse..
Guru and Sage...these are also words up untill the inner processes are sorted out. I have huge gaping black holes and will await the end to see what darkens the pale or lightens the hues, and what was black and what indeed white. Stealing from your text of course.
I do write and have a tiny collection, but nothing there to share in the furum...personal stuff. Perhaps at some point we can share on the email.

'Is it the black or the white in the grey that you choose,
which darkens the pale or lightens the hues?
A few quizzical posers to wizards everywhere,
just answer them straight & wisely & fair.'

Powerful lines...very well written a la Omar Khayam in the Rubaiyat.
..Yeh kaon chitrkar hai...
You are, my friend. Yes.

 

[AMITBE]

Hey Roneeth...check IndBulls? Hope it'll stay above 230.
Rolta was called a few sessions ago and again yesterday trading in a tight band at 127. Has tested 144 yet. Target given was 155.
India Cements from 99 call this morning has tested 104.80 yet.
Good move in Alok too. Was good and strong yesterday around 68-69. 71 plus now.
GujNRECoke should be coming in now that some profit booking seems to be over. Great volume as always.
And NTPC the laggard which was in a nice coil around 96 off yesterday...98.45 now, but needs to pass 99 for a jump to 105.

 

[roneeth]

Hey Roneeth...check IndBulls? Hope it'll stay above 230.
Rolta was called a few sessions ago and again yesterday trading in a tight band at 127. Has tested 144 yet. Target given was 155.
India Cements from 99 call this morning has tested 104.80 yet.
Good move in Alok too. Was good and strong yesterday around 68-69. 71 plus now.
GujNRECoke should be coming in now that some profit booking seems to be over. Great volume as always.
And NTPC the laggard which was in a nice coil around 96 off yesterday...98.45 now, but needs to pass 99 for a jump to 105.

Hello Amitbe!

Thanks for the updates.....INDIA BULLS has made a nice recovery...Hope it will continue.

Regards

Roneeth

 

[nn0023]

Dear Amitbe
Can U Suggest For Any Stock(s) To Enter At This Point Or To Watch And Enter At Specific Levels.
NANDAN

MAY BE UR VERY BUSY DURING MARKET HOURS. WAITING 4 UR VALUABLE COMMENTS.
NANDAN

 

[AMITBE]

Hi all,
A likely candidate to take home some money after this corection would be India Cements.
There's a lot of liquidity here, the market bias is very positive on it, and has had a good run recently. Cement as a sector is in currently with infrastructure in focus. Among various others, IndCem is certainly good.
92-95 are strong supports, and trading at 99 off currently, up over 3% from yesterday. As things improve, it should spurt to 112 quickly. Near term could see over 130.
Regards.

India Cements pushing 108 plus now.

 

[Karuna]

Hi Amitbe,

Thanks for giving the level of 2355 for the nifty ! Somehow made it !!!!
Because of which I was able to recover some amount of losses made on the other options. Thanks. You are GREAT !!

Karuna

 

[kkz59]

Amitbe

Ramco Ind. I entered a few years (yes years back) at around 560/- levels. The strength of this share is the huge holdings of its group companies (huge huge holdings of Madras Cements, Ramco Systems and Rajapalayam Spinning)

Sesa Goa - I bought *** bonus around 976 in January 2005

NESCO - I bought at 280/- (100/- paid up) levels about 26 months back and before that at around 400/- leves somewhere in 2000.

I am a very very long investor as you can make out.

Some of the scrips I bought recently:

Teledata
Regency Ceramics
21st Century Management (20% circuit today and rose about 15% yesterday)
Videocon Appliances (bought at 28.50)
Magna Electro (bought at 69/- )
Kitex Garments (bought at 28/-)
Aksh Optifibre (bought at avg. rate of 38/-)

These have been bought on fundamentals.

If you have some time, I know we are all too demanding of you, please let me have your comments. Let me confess, I am going to hold on to these shares, as I am of the opinion that there is much upside left from now.

 

[AMITBE]

Hi Amitbe,
Thanks for giving the level of 2355 for the nifty ! Somehow made it !!!!
Because of which I was able to recover some amount of losses made on the other options. Thanks. You are GREAT !! Karuna

Hey Karuna, thanks friend.
More than anything today, I'm happiest for your gains despite the wrong picks in the options. The compassionate (as in your name) sprit did leave a few surprise gifts for the end, eh? There's more there friend, more than we know.
If I have been of assistance, that's reward enough for me.

All the queries left here, if I may, I'd like to come to them over the weekend.
Should there be anything terribly pressing, do leave here and I'll try to get them in before the trade tomorrow.
Regards.

 

[ragh_ash]

hi amitbe
i want to invest in following for long term (say 4-5 months)
Bharat forge, financial technologies, aventis, clariant
what should be entry points and target?
regards
ragh_ash