Some Good Steals...

[AMITBE]

Hello Amit! Thanks for the east silk was a cool call ....Nice profits of 29%.
Indiabulls at 211....and volume also is high.....could you please comment on this when you are free.....Regards Roneeth

Hi Roneeth...glad you took profits on East Silk...made a surprising move which I was expecting a little further down the line.
India Bulls is showing temporary weakness and volatility but I don't rreally see it slipping much further. Couple of days ago it was testing 230, and now at 211 off is at an important support below which 208 may not be tested, though 109 survived today.
Since the traders/operators are well aware of tech levels, it's likely it would open above 212 and move to a safe distance from the CMP.
Taking fundaments and techs together, this is going to out perform in time to come, hence I'm comfortable with this corrective phase.
As we go along, I'll suggest to you when it would be a good move to do some averaging looking at your price, if you feel up to it.
I have a good holding in this from much lower levels, and I'm looking at it as an investment and not likely to take profits in the near future...not till way past 300....yes, that's 300.
It's growth rate and operating margins are exceptional. Besides being a player in the financial services, it has made a strong bid in the real estate sector recently with a large and valuable acquisition of property. I believe some strong hands are in possession of a great quantity of the scrip too.
Besides Bharti and a few others, this is one of the good ones in my portfolio.
Regards.

 

[SSM]

Hi Amit
Thanx as always on KTK. Financial Tech is going places Iam in it since 850 levels. do u foresee any distribution / accumulation in this counter. How do u track this?
Thanx

 

[roneeth]

Hi Roneeth...glad you took profits on East Silk...made a surprising move which I was expecting a little further down the line.
India Bulls is showing temporary weakness and volatility but I don't rreally see it slipping much further. Couple of days ago it was testing 230, and now at 211 off is at an important support below which 208 may not be tested, though 109 survived today.
Since the traders/operators are well aware of tech levels, it's likely it would open above 212 and move to a safe distance from the CMP.
Taking fundaments and techs together, this is going to out perform in time to come, hence I'm comfortable with this corrective phase.
As we go along, I'll suggest to you when it would be a good move to do some averaging looking at your price, if you feel up to it.
I have a good holding in this from much lower levels, and I'm looking at it as an investment and not likely to take profits in the near future...not till way past 300....yes, that's 300.
It's growth rate and operating margins are exceptional. Besides being a player in the financial services, it has made a strong bid in the real estate sector recently with a large and valuable acquisition of property. I believe some strong hands are in possession of a great quantity of the scrip too.
Besides Bharti and a few others, this is one of the good ones in my portfolio.
Regards.

Hello Amit!

Thanks for the reply and for all the information was really very helpful.
Yes East Silk was a beautiful trade reminded me of aftek......

Regards

Roneeth

 

[AMITBE]

BTW , anybody tracking TTK prestige ? ( Available in NSE and BSE. BSE Code 517506 Price : Rs 125 )
From a source about TTK :"Two leading Funds have started accumulating TTK Prestige apart from the leading Bull. Above Rs 140 stock is likely to move sharply. Placement is at Rs 250 in next three months. Then only sky is the limit for this stock.....ANy comments , Seniors and all , Vinsu

Hi vinsu...I've no comments except to say it's gone through the roof already...over a 100% in two months and climbing still. It may well get to 250, as your source suggests. Take a little bite into it if you like, at some decline if possible. Surely it'll come up for air at some point.
The main line of business is manufacturing and marketing of pressure cookers, and is now entering the modular kitchen segment.
Regards.

 

[AMITBE]

Hello Amitji..I am a new investor with little knowledge from here and there. But I was glad of the forum in here.
But somehow I am always late to read it. Let it be Eastern Silk or MSK Project. But I did gain.
Nice place to be in here. Thanks again
Nishant
ps: how do i get here in time. Just wondering. I do check it everyday. but keeping track is a a little difficult.

Hi Nishant...welcome to this great forum, and please drop the 'ji' from my name.
Just come in every night or before trading each day and go through the threads...there's usually something. Make a not of the calls you feel interested in along with the given levels.
Best of luck.

 

[AMITBE]

Hello Amit! Thanks for the reply and for all the information was really very helpful.
Yes East Silk was a beautiful trade reminded me of aftek......Regards Roneeth

You're welcome Roneeth...
If you have exited Aftek, you may want to get on again as I'd called during the session today. Has been consolidating and accumulating strongly, and sometime soon a move towards 150 is likely. A couple of days after the first breakout it had tested 144 briefly. Seems like does't want to go much below 125, but should the market decline, try to catch it as close to 120 as possible.
Regards.

 

[AMITBE]

Hi Amit
Thanx as always on KTK. Financial Tech is going places Iam in it since 850 levels. do u foresee any distribution / accumulation in this counter. How do u track this? Thanx

Hi SSM...great you got on Financial Tech...and yes, it's going places and beyond. It's being accumulated heavily and the current move may take it to 1250. There will be profit booking along the way surely. Typically it's a low liquidity scrip but the last two sessions the volumes have been comparatively heavy. Today was over 1.5 lakhs and same yesterday, where the average is just about a few thousand.
By the next annual result I'm looking to 2000.
Regards.

 

[talktoa]

hi amit can you give me some advise on which ones to pick tomorrow out of these
Hindalco (500440)
satnam Overseas (512559)
Birla VXL (503796)
KG Denim (500239)
Mangalore Chemicals (530011)
Rama Newsprint (500356)

Sorry for putting up such a big list. But I have cash on hand & need a good returns on the investment I make seeing my portfolio as of now. If you have some better advises other than these please let me know. If you could tell me the price to enter the stock which you think is good will be gr8.
Thanks very very much for all you have done & will do.

 

[AMITBE]

hi amit can you give me some advise on which ones to pick tomorrow out of these
Hindalco (500440)
satnam Overseas (512559)
Birla VXL (503796)
KG Denim (500239)
Mangalore Chemicals (530011)
Rama Newsprint (500356)
Sorry for putting up such a big list. But I have cash on hand & need a good returns on the investment I make seeing my portfolio as of now. If you have some better advises other than these please let me know. If you could tell me the price to enter the stock which you think is good will be gr8.
Thanks very very much for all you have done & will do.

Hi talktoa...most happy to help...
tomorrow is an off day for trading.
Let me know your time horizon for holding, and I'll post tomorrow some time.
Regards.

 

[vinsu]

Hi vinsu...I've no comments except to say it's gone through the roof already...over a 100% in two months and climbing still. It may well get to 250, as your source suggests. Take a little bite into it if you like, at some decline if possible. Surely it'll come up for air at some point.
The main line of business is manufacturing and marketing of pressure cookers, and is now entering the modular kitchen segment.
Regards.

Hi Amit,,
Thanks for the comments and suggestion..
Will observe it and wait for a dip.
Vinsu