Some Good Steals...

[amitkr]

Hi Amit,

Just came across Mcleod Russel (MCLEODRUSS) .... Looks like after a nice period of consolidation there is some increase in volume...
Please provide your valuable input on this..

There is a huge difrence in BSE & NSE volume....may be some bulk deals..

Amit

 

[AMITBE]

Hi Amit,

Thanks for the reply.
I will wait for few more sessions and then decide about holding.
Anyway, your reply regarding this scrip will help a lot in deciding that.

Regards,
Narendra

Hi Narendra, yes wait for a bit having held for this time. Some news today that paper manufacturers are increasing the price.
Regards.

 

[naga2054]

news is that gufic has declared a dividend @22%. is the scrip a face value of Rs.10? if yes, isnt that a cash crop..
nagzu

 

[AMITBE]

Hi Amit,

Just came across Mcleod Russel (MCLEODRUSS) .... Looks like after a nice period of consolidation there is some increase in volume...
Please provide your valuable input on this..

There is a huge difrence in BSE & NSE volume....may be some bulk deals..

Amit

Hi Amit,
Can't get the current price...65-68 is resistance. If the volume is big with the price getting there, it's good.
Regards.

 

[Ashish Modi]

Re: Please Help Out...

Thanks a lot Amitkr for that eye opner but now what do you suggest should I sell IKF (if I get a chance) since it allways in lower circuit...

Please Advice...

 

[AMITBE]

news is that gufic has declared a dividend @22%. is the scrip a face value of Rs.10? if yes, isnt that a cash crop..
nagzu

Hi Nagzu, the face value is Rs. 1 and not 10. Further the promotors have been selling their holdings lately. Not too good by the sounds of this.

Cummins is coming in again with a jump in volume. 153-156 has been a difficult level so far. Beyond this 165 first.

Karnataka Bank is at an interesting marrk at 119.50. This is a long term support, and a launching pad too. May test 128-132 past 121.
Regards.

 

[ssnkumar]

Hi Nagzu, the face value is Rs. 1 and not 10. Further the promotors have been selling their holdings lately. Not too good by the sounds of this.
.

That means the company will not do good.....atleast in the near future!!
So, it is not good to hold!!?

-Narendra

 

[AMITBE]

That means the company will not do good.....atleast in the near future!!
So, it is not good to hold!!? -Narendra

Possibly, Narendra. Bio Tech is a good area and the company seems to be developing drugs for cancer treatment, and internal hemorrhaging etc.
A lot of the calls made in the Forum are with the perspective of short term trades.
My advice is, as a long term investor you really should not bother with daily price action, to spare yourself more than a little tension.
Regards.

 

[naga2054]

look at Bank of Rajasthan.. can i call it a breakout with huge volumes after months of consolidation..?

amit, can u pls. set the targets and S/Ls ..
nagzu

 

[AMITBE]

look at Bank of Rajasthan.. can i call it a breakout with huge volumes after months of consolidation..?

amit, can u pls. set the targets and S/Ls ..
nagzu

Looking good, Nagzu, except 60-64-67 are levels ahead to cross first for a real good move. 54-56 is s/l. The volume and momentum may take it there. Keep watch.
Regards.