Some Good Steals...

[ssnkumar]

Hi Amit/Saint,

How is Bihar Caustic (BSE Code: 500057), for both long term and short term?

Thanks,
Narendra

 

[AMITBE]

Amit, Saint ,
Thanks for the nice words .
DhootCapital has TGT2 of 61 on BSELINFRA ,
Does it sound feasible from the technical point of view ?
Regards. Vinsu

Hi vinsu, it's distinctly possible. I'm tacking, and once past 52, let's see how far it will spurt. Take it from there.

 

[vinsu]

Hi vinsu, it's distinctly possible. I'm tacking, and once past 52, let's see how far it will spurt. Take it from there.

Amit ,
Ok , got it .
Let's wait and watch .
Vinsu

 

[Anupama Singh]

Hi Anupama,
Gammon has run up quite a bit since I called it at 260 where it was just about to flare. It has ways to go yet, if you are looking at a mid to long term holding. 8 to 12 months should see it 600 plus. There is unlikely to be a significant drop from the current 375 levels.
Gammon is a great company, but besides this, there is a play in the infrastructure sector. Lately again, the govt. has committed a very large outlay to roads, airports, seaports, power-plants etc. Construction companies, capital good, engineering and cement are the obvious beneficiaries.
Another sector that should come out with good earnings post the good monsoons, together with the govt. subsidies is the fertiliser and agro chemicals industry.
Sugar and pharmaceuticals is good too.
Thee are many choices available across the board, but most good ones have run up already.
Im listing a few good scrips here which have good upside potential going ahead into the mid to long term.
Gammon CMP 376.
Era Construction CMP 149
Noida Toll Bridge CMP 28
Mahindra Gesco CMP 197
Praj Industrries CMP 113
Patel Engineering CMP 243
SKF CMP 212
Jp Hydro CMP 32
Prism Cement CMP 25
India Cement CMP 107
Guj. Ambuja Cem CMP 65
Jain Irrigation CMP 171
Deepak Fertiliser CMP 81
Chambal Fertiliser CMP 35
Ind Swift Labs CMP 195
Nicholas Piramal CMP 258
Dabur CMP 150
Thee are so many more likely winners and would be a long exercise to look them up.
These could be taken at any decline, and are not necessarily about to go through the roof. Most of these have already had such breakouts, and from here on are mid to long term plays.
Any members interested can make a note too. I could suggest likely entries to these, but please do some work and decide which you like before posting.
Nandan(nn0023) you can look here too.
Regards.

Thanx Amit.

Anu

 

[nn0023]

Thank U Very Much Amit(da)
Regards
Nandan

 

[Saint]

Amit, Saint ,
Thanks for the nice words .
DhootCapital has TGT2 of 61 on BSELINFRA ,
Does it sound feasible from the technical point of view ?
Regards
Vinsu

Hi Vinsu,
Still looks good to reach the target of 55 and higher......if I am not mistaken you had a nice entry in this one.So you are in a nice comfort zone.......target is 55,once achieved use trail stops up wards and try to get the full move.The monthly looks like it has some way to go.....so stay in it with trailing stops.Looking good!!

Saint

 

[ssnkumar]

Any comments on Bihar Caustic?

 

[Saint]

Hi Narendra,
BIHAR CAUSTIC has been sideways from November till recently and now resuming its uptrend.....monthly looks strong and looks to be headed higher.The only problem with this one is that it is now in stiff resistance territory(from 1994-95).If I were in this ,I would exit here.If planning to enter,I would wait n watch on this one.There are other plays where this type of resistance would not be an impediment to the upward move of the stock.Can this one blast through all resistance and move on upwards.......Sure!But in this game of probabilities,I'd look for something else.

All the very best!
Happy Trading!
Saint

 

[swapnil007]

hi amitebe

well i need your advice i have 2000 sanjivani para @ 95 what should i do with it

 

[ssnkumar]

Hi Narendra,
BIHAR CAUSTIC has been sideways from November till recently and now resuming its uptrend.....monthly looks strong and looks to be headed higher.The only problem with this one is that it is now in stiff resistance territory(from 1994-95).If I were in this ,I would exit here.If planning to enter,I would wait n watch on this one.There are other plays where this type of resistance would not be an impediment to the upward move of the stock.Can this one blast through all resistance and move on upwards.......Sure!But in this game of probabilities,I'd look for something else.

All the very best!
Happy Trading!
Saint

OK. Thank you very much Saint.
So, I have decided not to enter this now

Will wait for some other tip.

And do you have any info on Kohinoor Broadcasting.
I have entered this at 19.6 and short term.
It is stuck at 23 for some time!
So, is it good to exit or hold for some more time!?

Thanks,
Narendra