Some Good Steals...

[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

Bank of Raj.. flared up 17+% .. didnt had trust in myself to get into it..
amit... gimme gyan man!.. is it rt to enter on monday.. think it will again flare up on monday seeing the momentum buildup ..

nagzu

 

[brewin_vaz]

Hi... I'm new to this forum. Got a lot of tips on my way thru all the threads.

I hold the following 3 stocks and would like to know the future prospects.

1.) PRISM CEMENTS
2.) UCO BANK
3.) ISPAT INDUSTRIES

Awaiting a reply.....

 

[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.

Bank of Raj.. flared up 17+% .. didnt had trust in myself to get into it..
amit... gimme gyan man!.. is it rt to enter on monday.. think it will again flare up on monday seeing the momentum buildup ..

nagzu

Hi Nagzu, that's the sequence of our dialogue.
As you can see, there is nothing in my response that suggested hands off. If anything, I stated clearly that it looked good and that the volume and momentum could take out the resistances. As I had written, 60 resistance was still further away from 55 open so there was still your chance. 65.80 is where it returned from too.
Too bad you missed the chance.
Yes Nagzu, if you feel confident about something, do go for it. In a wrong move there is some money lost but a world of learning and experience gained. Winning and losing are a part of the game, but in the end winning comes via learning alone.
Don't mean to pontificate nor rub salt into the wounds friend, but it is true that all the regular and active traders should take on the study of TA and of trading rules, and get on wiith it. I too made a bunch of losses early on but doing well now. We've all been through it.
I will certainly look into BnkRaj though high now.
If you come in on Karnataka Bank too, you'll do very well. I went in at 119 off today. It ended 120.50. I'm in for 135-145.
Regards.

 

[amitkr]

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.

Hi Amit,

Need lil help regarding MCleod Russel.. There was a huge gap btween the volumes traded on BSE & NSE... without much diffrence in price..

NSE volume :1,006,417
BSE volume :405,875

Is this diffrence because of some bulk deal... if so where can I find information on this...?

Thanks
Amit

 

[sujarouf]

Hello Amitji

I am holding Sun Flag Iron BSE 500404 @ 12.75 Can you please show me some light on this scrip fundamentally and technically. It has gone down today to 18.05. Should I hold this scrip or sell? Awaiting your reply.

With regards

Suja Rouf

 

[AMITBE]

Hi Amit, Need lil help regarding MCleod Russel.. There was a huge gap btween the volumes traded on BSE & NSE... without much diffrence in price..
NSE volume :1,006,417
BSE volume :405,875
Is this diffrence because of some bulk deal... if so where can I find information on this...?Thanks Amit

Hi Amit, it's common to have greater volumes at NSE than BSE.
Karnataka Bank at NSE clocked 3,019,554 volume today. At BSE it was 309,230.
If there are block deals, they should show up at thr NSE site under corporate announcements. No announcements there. I checked.
You had a query on McLeod earlier?
Regards.

 

[AMITBE]

Hello Amitji I am holding Sun Flag Iron BSE 500404 @ 12.75 Can you please show me some light on this scrip fundamentally and technically. It has gone down today to 18.05. Should I hold this scrip or sell? Awaiting your reply. With regards Suja Rouf

Hi Suja Rouf...first drop the ji if you will...we are equals here.
There appears no need for exiting Sunflag. It is making a nice curve, droping off from 22 clocked in March to 12 in June, and up again at the current 18. The uptrend is intact still, and the drop could have been partly on account of the long run-up, and it needs to retract a little, consolidate and attempt the resistance at 19 off levels. The sharp drop in volume that accomanied the 35 paise drop is another reason why I see the trend being intact still. Looking at your entry, 16.50 may be taken as s/l. Has strong support at 17 off.
Regards.

 

[AMITBE]

Hi... I'm new to this forum. Got a lot of tips on my way thru all the threads.
I hold the following 3 stocks and would like to know the future prospects.
1.) PRISM CEMENTS
2.) UCO BANK
3.) ISPAT INDUSTRIES
Awaiting a reply.....

Hi brewin_vaz....it would help if you can post your entry point for the scrips. Would be happy to assist.
Regards.

 

[AMITBE]

Hello Amit, Where i can see the Metastock chart for IDFC Currently i am using Indiabulls for checking the metastock Charts but its Charts is not looking good as like other Charts.
I am Browsing it from this link Thanks

Hi Vicky...the reason the IDFC chart appears somewhat different is, it's a new listing and the availabale data is quite scant.
A great scrip, covering both the finance and infrastructure sectors, both of which are hot.
This is for investing not trading really. The growth would be steady and long.
Regards.

 

[naga2054]

Hi Nagzu, that's the sequence of our dialogue.
As you can see, there is nothing in my response that suggested hands off. If anything, I stated clearly that it looked good and that the volume and momentum could take out the resistances. As I had written, 60 resistance was still further away from 55 open so there was still your chance. 65.80 is where it returned from too.
Too bad you missed the chance.
Yes Nagzu, if you feel confident about something, do go for it. In a wrong move there is some money lost but a world of learning and experience gained. Winning and losing are a part of the game, but in the end winning comes via learning alone.
Don't mean to pontificate nor rub salt into the wounds friend, but it is true that all the regular and active traders should take on the study of TA and of trading rules, and get on wiith it. I too made a bunch of losses early on but doing well now. We've all been through it.
I will certainly look into BnkRaj though high now.
If you come in on Karnataka Bank too, you'll do very well. I went in at 119 off today. It ended 120.50. I'm in for 135-145.
Regards.

No Amit.. nothing against u .. InFact, there was a prompt quick reply from u .. Just that i didnt had much confidence.. Yups, point well taken.. study gives us that confidence.. Somehow, i find that whatever i put money in remains like that.. and the left over ones shoot up.. Finally leavin me frustrated..
i am lucky to have thhis forum and people who care and share my emotions..

Nagzu