Some Good Steals...

[smallbull74]

Hi smallbull74...yes I can understand your furstration. The only rally to come since three years up from 25-30, and you got trapped at a high level and a resistance too.
It's a difficult call. ITI is in sideways correction with a downwards bias at 66 levels. There is some semblence of support here, but a drop to 60 cannot be ruled out. Watch for a while to see if it can creep up to 75-78, where some upside can come. If there is resistance here, you may want to liquidate some of your holding and invest in a profitable trade.
Don't worry...this market is here to stay, and there are good opportunities daily. You are not missing anything that cannot be found again.
See how it's going and please run it by me mid week.
Good luck and regards.

Thanks Amit for your reply. Today ITI has closed at 67. Lets hope is scales up soon. Today, I have picked up IFCI. My broker was suggesting to buy HFCL though.
I had bought 3000 GHCL @96.. and sold off the entire lot at 101.5 in the morning in panic.. and within an hour it moved up to 105.. EVERYTIME I sell something, the same stock appreciates like crazy.. Its quite funny though... and believe me, if I sell and then recommend people to buy, I am sure, if not me, a lot of other folks would definitely benefit and in the process, I will derive a lot of satisfaction... even inspite of not being good at investing.

Regards,
Smallbull74

 

[AMITBE]

sir,
i am holding 16000 shares of sunitee chemicals @2.78.what to do?

Hi trading-wizard, first of all you could drop the sir...I'm happy to be addressed as Amit.
You are on a good one here with Sunitee it seems. Today it finished at 5.50. Hold for 7-8 in the near term. Once into this territory, it may turn volatile. Please check with me when it gets there as I don't track it.
Regards.

 

[AMITBE]

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

Hi Narendra, it's a hold for now considering your entry. Is in a nice uptrend. It should be clearing 23.50 sometime soon then will commence upwards. The volume needs to come in as of now.
Regards.

 

[AMITBE]

Hello Amit Sir I read your all threads, really very very strongs Technicals....
Very surprised about mcdowel and rolta....
I want your help regarding Noida Toll i have some stock of this share
I am waiting for 75+ Target within 2-3 Months, is it possible?
I am not a Technical Expert i got this info from my Broker.
Technically is it possible??Thanks Vicky

Hi VICKY_SEEKINGINR, you could drop the sir...Amit would do.
Neither from a tech nor from any fundamental perspective would I be able to match your broker's info. He may have some inside tip that we don't know about. The result this quarter was below expectation.
On techs alone, it's in an up-trend with a nice move last few sessions at 29.35.
Has resistance a little above this, and past 33 will seek 38-40.
Regards.

 

[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

Hi Narendra,
Still looking good.......every time frame is still in an uptrend.Still a hold....and nice entry,my friend.

Saint

 

[SSM]

Hi AmitBe
I know u are busy with many queries but pls. have a look on Malar Hospitals, Radhe Developers, and Tilaknagar Inds.
Thanx & regards

 

[AMITBE]

Hi AmitBe
I know u are busy with many queries but pls. have a look on Malar Hospitals, Radhe Developers, and Tilaknagar Inds.
Thanx & regards

Hi SSM, could you post me your entries in these scrips now if you are here.
Thanks.

 

[SSM]

Hi AMitbe
Iam stalking them. Not entered Just heard(or is it herd)
regards

 

[AMITBE]

Hi AmitBe
I know u are busy with many queries but pls. have a look on Malar Hospitals, Radhe Developers, and Tilaknagar Inds.
Thanx & regards. Iam stalking them. Not entered Just heard(or is it herd)
regards.

Hi ssm, Malar is forming a nice up thrust to break out at 23.30. Both short and long term oscillators support this. You should see an upside soon now. You can look for an entery on the up as it crosses 19. At 18.30 now.
Radhe Developers is in a huge up swing too, though seems a little over bought at 17.40 and could run into resistance at 20. There is support at current levels, should a sideways consolidation come for a while. Nevetheless the trend is up and will break out at 22 should the volume support the move.
Since you tell me now you are looking to enter, Radhe's up move is coming for a while now, from 9-10 levels and no wonder it's looking a bit over bought. However the trend is bullish, and you may watch to look for a decline. It's your call really as it is likely to stall against 20-22 and possibly will fall back a little to consolidate after the long run up, to attempt 22 again. As it's not likely to slip below 15-16, you may look for an entry on the up around here.
Tilaknagar Inds is meeting with strong esistance at 84-85 and has in June fallen back after three attempts at it. Since then it slipped to 62-63, consolidated/corrected, and has again attempted 84 on Friday and today and fallen back at 79 close. You may want to watch it for an upside and take it on the up at 86-87 provided there is volume.
All the three look really good in the near term.
Hope this clarifies the issue of your entry.
Regards.
PS. Heard is right if someone told you.
Herd you definitely don't want to be till you do your home-work!
Just a fun little thing for you to look up the dictionary, friend.

 

[AMITBE]

Hi all
Had called Shyamtele at 90 early last week, for a target of 115.
I can't remember who bought it...someone did.
It's at 115 now, and if there is resistance at 120 levels, profits can be booked, or at least partially with a trail stop.
For now, S/L is 106.
Thanks.
If I have missed any queries, please do ask again.