Some Good Steals...

[vinsu]

Hi vinsu...I'm of the sense that today the market should be seeking lower levels. It is evident that there is spookiness in the market and a choppy session may prevail.
It's not as if Deepak has just broken out either. It's been climbing a while, and at any sign of volatility in the market, punters who came in from lower levels would book profits.
My advice is, ride it out without taking new positions at this point. A lot of good trending scrips should be available at lower levels at some point soon.
Regards.

AMITBE ,
Thanks for words of caution .
Regards
Vinsu

 

[AMITBE]

hello amitbe, Can you please advise me on SGN Telcoms i want to get in and would appreciate it if you could give me some target...... the bse code is 531812......thank you in advance....

Hi Gurdeep...difficult to set targets here quite frankly. 2.25-3.00 is resistance zone since a long time back, and only on clearing these an entry is advised. Don't know CMP today.

Hi trading-wizard...it's a bit of a list....could I come in later on it?
Cipla now in bullish territory at 362 off. 390 could be the target. A must s/l is 355 if anyone interested.
Trade with caution.

 

[dinkerj]

HELLO,

amit ji i have boutght malar hospital 1000 [email protected],it had a news about being taken over by a big hospital.i got this tip from a site for short term.i regularly followed this site's tip and had been useful for me.following are my holding please suggest amit ji....thanks
malar hospital [email protected]
ganesh poly [email protected]
ecoboard industries [email protected]
sunitee [email protected]
hazoor hotels [email protected]
gv films [email protected]

please suggest as i am bearing heavy losses in gv films,should i hold them or sell it off.

My personal opinion is, one should not invest in penny stocks only. Have exposure in blue chip companies also. By doing so, you can minimise the risk.

 

[AMITBE]

My personal opinion is, one should not invest in penny stocks only. Have exposure in blue chip companies also. By doing so, you can minimise the risk.

Agree with you fully, dinkerj...
Any price weakness in Aftek can be used for those who missed the ride earlier. 120 is good support, and would be a great entry coming up from there. I expect a climb to 150 in the near term.
Regards.

 

[gurdeepdeol]

Hi Gurdeep...difficult to set targets here quite frankly. 2.25-3.00 is resistance zone since a long time back, and only on clearing these an entry is advised. Don't know CMP today.

Thank you once again Amitbe for the prompt reply, SGN Telcoms has has been at an upward freeze for longer than a week ...... currently its quoted at 2.01.......

 

[mail2joshi]

Hi mail2joshi...Not much to say about Arvind as it shows to be erratic in the present correction mode. Only a close above 4.50 may indicate a clear trend.
With Narmada Chem too the corrective phase does not appear to be complete. Looking quite volatile in either direction for now, and needs to clear 45 and then 48 for a positive sign. There's no guarentee it will hold on to gains if any.
Mostly it's when volatility becomes minimal that a scrip will establish a clear trend after a sideways movement.
Do update me on this again please.
Regards.

Hi Amitbe,
First of all I am thankful for your kind reply and its now in the routine to read your post before going to trade.
Thanks for updating me about the above stock.
I have finally buy stocks of Narmada and holding it for some time (may be for 1month to see the direction)
Thanks again

sjoshi

 

[chopra]

Dear Amit,
Could you advice about essar steel, ispat industries and ultratech cement.
I was thinking that in near future:.
Essar steel will touch around 80-90.
ispat may go till 30-35
and ultra tech 490-500.

Please comment.
thanks a lot.

 

[manish_fn]

Hi all,
I got an advice for Sarang Chemicals @12.5 target 18 from some friend.
Can anyone please comment on it.

manish

 

[AMITBE]

Dear Amit,
Could you advice about essar steel, ispat industries and ultratech cement.
I was thinking that in near future:.
Essar steel will touch around 80-90.
ispat may go till 30-35
and ultra tech 490-500.
Please comment.
thanks a lot.

Hi Chopra...
Essar has been attempting 60-63 consistently and falling off. Further down, 69 reamins to be crossed. Will take some time..couple of months?.. but yes, will get there.
Ispat is still correcting, and can slip again if 20 is breached. To the top, 26 is likely to give a tough fight. Your levels don't seem too near to me at this point.
No doubt with UltraTech.
Regards.

 

[Ashish Modi]

HI Amitbe,

I have received a Tip of National Flask CMP 4.9 and target price of 10-12 in few weeks the script code is 531903. Can you please tell me wheter its worth buying...