Traders Diary

[deepak_r]

Renuji,
I have been following your thread for a few months and I am impressed by your analysis. Could you suggest whether it's a good time to buy unitec ,WIPRO or Sonata Software. Please advice. I am holding a 100+ shares of sonata that i accumulated at an average of 48 rs. Now it's at 29. Should I buy more to offset the losses? What should be my exit strategy.

 

[renu daga]

sorry did not log into my thread earlier...

well unitech has made good run last 2 days,,

will soon again check and post
bharat foreg as siad,,245 bottmoed out,,, for time being,,,, moved ,, and gave bounce till 270...
ntpc bought at 185./...standing at 170..ok.
unitech pretty down,,

acc / grasm moved today...and sbi as siad also had bottomed ,,,,moved good in banking scetor

itc!!!...........the whole day is ,, stnading at one price level...203....203.45...
interesting1!!
renu

 

[renu daga]

ITC moved c.....203,,,to 207...

holding,,,,trigerred a buy..,,

renu

 

[darsh_goswami]

Renuji,
I have been following your thread for a few months and I am impressed by your analysis. Could you suggest whether it's a good time to buy unitec ,WIPRO or Sonata Software. Please advice. I am holding a 100+ shares of sonata that i accumulated at an average of 48 rs. Now it's at 29. Should I buy more to offset the losses? What should be my exit strategy.

Dear Deepak ,..

Unitech --> as far as i can see,.. it could be best buy around 165 levels with stop below 160. This could be the key level for unitech as if it has to reverse it will reverse from these levels only.

Wipro --> i could not see as i m having fake data.

Sonata soft --> continuesly making lower top lower bottom format. so a clear bearish trend is there. Can see some outstanding movement only above 43. otherwise minimize ur loss and exit ,.. try to shift in some bigger player like info or tcs.

Sorry renu for buggin ur dairy.. n yeah i was not well so i was away for 1 month..

hope nothing wrong with the market meanwhile..
Regards,..
Darsh

 

[renu daga]

ha.. darsh,,,

no big deal common members need true help / suggestion ,, and that could be form anyone,,,,

renu
see u soon on messenger,,,

 

[renu daga]

taking home lt long ,, with stop loss of 2580,, though much long,,, but!!

secondly missed hindalco today betetr than lt

holding itc,,,,till now,, its not levaing 203.50 after teh breakout

renu

 

[darsh_goswami]

Where r u ?
no updates after 19th ?

Just to make it simple, the blood bash in market will continue till 3950 - 4000 levels. Every rise in the market MUST be used as exit. No stock specific write ups from myside. Just enjoy the downfall as much as u can...
Regards,..
Darsh

 

[renu daga]

actually facing too much problem in data one ,,and power failure now days...

unbale to load data also since last 3 days ,,u wont imagine

anyways just downlaoded now,,

top / bottom indiactor is showing div now on daily basis,,,and evn on weekly basis..
so i hope,, nifty,,,,is something,now which should give good move now

but few clarifiaction are there..
like maj,,of stocks charts
descending traingle,,,formed earlier which tgt...3800/3700

have to study... then shall post

renu

 

[darsh_goswami]

actually facing too much problem in data one ,,and power failure now days...

unbale to load data also since last 3 days ,,u wont imagine

anyways just downlaoded now,,

top / bottom indiactor is showing div now on daily basis,,,and evn on weekly basis..
so i hope,, nifty,,,,is something,now which should give good move now

but few clarifiaction are there..
like maj,,of stocks charts
descending traingle,,,formed earlier which tgt...3800/3700

have to study... then shall post

renu

Good to see u back but as i formatted out my system for the new Genuine copy of XP. will need to reinstall Metastock and also will need to update data.

Unitech just behaved the way i thought ,.. bounced right from 160. i think worst is over for it for a time being. Dont have charts so cant say how long will it survive.

Regards,..
Darsh

 

[uasish]

Darsh,

I was also eyeing Unitech & could enter in small Qty.

Asish