Some Good Steals...

[4candles]

India Cements from yesterday's call at 99 has not made progress today after 106 close on account of the 111 opening trade today. Exactly this had happened three sessions ago where it closed 108 then next day opened at 111. It had fallen back to 103 that evening.
Should something similar happen again, it has support at 100 off. If anyone feeling up to it, can be taken on the up at that point coming sessions, and can clear 111 in that move. Will head for 130 then I feel. Will track and post.
Rolta is not showing any sign of profit booking. A sharp spurt can come past 150 at some near time. 155 target is most likely to be exceeded then. Hold, if anyone is in.
Mcdowell is ripping. Tested 352 and very likely target is 375 plus. Hope someone came in.

Excllent Amit you not only give a call, (calls to be presise) but also a detailed reason for those calls, which i like the best. You really help me learn & improve more.

thanks a lot.
4candles

 

[AMITBE]

Excllent Amit you not only give a call, (calls to be presise) but also a detailed reason for those calls, which i like the best. You really help me learn & improve more.thanks a lot.4candles

Thanks Murali(!)
What's there to not show in my own thinking process...
Nice to see you here for the first time. Hope all the candles burn bright!
Here's something for you from Edna St. Vincent Millay, a great poet. Off the point, but was just reminded of it and couldn't resist sharing with you :

My candle burns at both ends;
It will not last the night;
But ah, my foes, and oh, my friends,
It gives a lovely light!

 

[Karuna]

Hi Amitbe,

Get out of nrc ???? upto 69 now

Karuna

 

[AMITBE]

There are a few contenders, but under the circustances, Mphasis has made the champion move of the day. On the back of bad media and a terrible beating yesterday at 238, it has tested 256 as of now.
The next one is NTPC fighting at 99 off, the slowest of slow movers. It was giving indications the last few sessions when the market got a beating. Was the only one to stand steadfast through it.
Alok another slippery scrip. Best move in a very long time, up at 76 off.
My own call McDowell up at 366 off!

And hey amitkr and Madhura...check NRC will you!
Closed 60 yesterday and smashed its way to 69 off now.
PHEW

 

[4candles]

Thanks Murali(!)

Here's something for you from Edna St. Vincent Millay, a great poet. Off the point, but was just reminded of it and couldn't resist sharing with you :

My candle burns at both ends;
It will not last the night;
But ah, my foes, and oh, my friends,
It gives a lovely light!

Nice poet buddy but dont worry i will last longer & many nights into the future. Have you noticed there are 4 candles & yeh! great you know me by my name.
thanks

 

[AMITBE]

Nice poet buddy but dont worry i will last longer & many nights into the future. Have you noticed there are 4 candles

So be it, friend.

McDowell has put my analysis to shame:
I'd suggest 375 plus in near term
How much more near could one get at 392 tested all in one session!
Did anyone come in?

NRC tested 71 off.
Karuna, I would not leave the counter just yet. Let's see for next week.
Regards.

 

[madhura]

Hi Amit,
NRC 71!!!

there is some meeting on 31 aug for dividend declaration
so your target close by

Bye take care.....
Madhura

 

[AMITBE]

Hi Amit,
NRC 71!!!
there is some meeting on 31 aug for dividend declaration
so your target close by
Bye take care.....
Madhura

Hi Madhura,
Glad you you came by.
No, wasn't aware of the meeting.
We'll have to watch the next couple of sessions before arriving at a target. Will update.
You take care too.
Regards.

 

[madhura]

Hi Amit,
The sensex today closed at 7673 and nifty at 2355. I have heard that there is going to be strong corrections in the market next week which may take sensex to about 6800-7000 points...
"I am afraid now, i have not booked any profits as yet from my currennt portfolio.
Can you keep some light on this?
Thanks
Madhura

 

[reejan]

hi amit, bought albertdavid at 140 what should i do now as the price has gone down.pls help. reejan