Some Good Steals...

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AMITBE

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vizzie said:
Hi Amitda
Shubh Deepawali !!

vizzie
Hi Vizzie, a Shubh Labhkarak Diwali to you too.
Fondly, Amit.
 
amitbe and all the senior/juniors members of the TRADERJI FORUMS

Happy Diwali and a happy investing year just like it was last year.
lets hope the uncertainty in the market is finished and clear picture emerges for bright colourful next year diwali
 

AMITBE

Well-Known Member
faifar22 said:
amitbe and all the senior/juniors members of the TRADERJI FORUMS

Happy Diwali and a happy investing year just like it was last year.
lets hope the uncertainty in the market is finished and clear picture emerges for bright colourful next year diwali
Thank you, faifar22, and here's wishing you a happy Diwali and a great year ahead!
My hopes are in line with yours exactly.
Best wishes.
 
Hi Amit and all members of Traderji,

Wish you a very happy Diwali.

Request you to post your views on the following stocks for the near term.

VOLTAS CMP: 467
BSE:500575
NSE: VOLTAS

NIRLON CMP: 14.39
BSE: 500307

My portfolio is massacred mercilessly because of Nirlon :( They were expected to announce their quarterly results on 28-Oct. I do not find it on BSEindia.com; the market cap of NIRLON has come down from 100 odd crores to 80 odd crores in a matter of 1 month. Can I expect some solace from this stock or shall i book losses and exit this counter? Please advise.

Thanks always for your suggestions,
Regards,
Prakash
 

AMITBE

Well-Known Member
koolprakash said:
Hi Amit and all members of Traderji,

Wish you a very happy Diwali.

Request you to post your views on the following stocks for the near term.

VOLTAS CMP: 467
BSE:500575
NSE: VOLTAS

NIRLON CMP: 14.39
BSE: 500307

My portfolio is massacred mercilessly because of Nirlon :( They were expected to announce their quarterly results on 28-Oct. I do not find it on BSEindia.com; the market cap of NIRLON has come down from 100 odd crores to 80 odd crores in a matter of 1 month. Can I expect some solace from this stock or shall i book losses and exit this counter? Please advise.

Thanks always for your suggestions,
Regards,
Prakash
Hi Prakash, a happy Diwali to you too.
Could you post your entry for these?
Thanks.
 

AMITBE

Well-Known Member
koolprakash said:
Hi Amit,

I had entered
VOLTAS @ 478 !
NIRLON @ 22.75

Thanks,
Prakash
Hi Prakash, the good thing for now is Nirlon is above 13.50 and it's crucial to remain above here. This is too early to say anything on its immediate progress, but the foremost important level above 13.50 is a close over 17. Once in this zone, it's likely to move better. On the fundmentals the company appears to be making losses, or rather, improving on the losses or making fewer losses over the past few quarters. This is from the last quarter results. The weakness is here, and I assume if there is no marked improvement in the current results, your wait may be longer than desired. Do watch for 17 for now, if it manages to be above 13.50-14 over the next few sessions. As such, 12.90 would be the logical stop at current levels but you may want to ride it out being so deep.
On Voltas, there's not much to fear, as seen in today's fantastic move. The call is yours on this for now. It's obviously heading for a great close, and should be on its way. You could put a stop on it at 460 at these levels and take your chances, and trail stop tight on the up. Really depends if you wish to cash out to play safe. I can't really put a target on it just yet, as its early days again, but do keep posted.
Regards.
 

AMITBE

Well-Known Member
roneeth said:
Hello Amit!

A very happy and prosperous diwali to you and your family and the extended family of traderji....

Regards

Roneeth
Hi Roneeth, a very happy Diwaly to you and your family too.
Hope you guys had fun out there in the Sehra? :)
Regards.
 
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