Trading Tips - koolfriend4u

How the Intra day calls & Short term calls in this section?

  • Rocking

    Votes: 24 35.3%
  • Moderate

    Votes: 14 20.6%
  • very few reach the targets

    Votes: 5 7.4%
  • yet to try

    Votes: 27 39.7%

  • Total voters
    68
  • Poll closed .
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koolfriend4u

Well-Known Member
Austral coke - koolfriend4u

Financial fraud in Indian companies....may be this is one of the largest selling book in the upcoming days.

Next to satyam many companies are in the Q now.

one such company is austral coke & which is my investment bet too.

but once you invest, think you have lost the principal itself.


Austral, incorporated in 1994, is engaged in the manufacture and sale of low ash metallurgical coke and refractory in India.The company with networth 440cr (stated in '08).
Company through its subsidiary Astra Mining Limitada, Mozambique, acquired six prospective licenses admeasuring 100,000 hectares in Mozambique. This acquisition will provide raw material security to Austral.

It is the same promoters of Gremach Infra and same Rishi Raj.Hope you remember this stock - Gremach infra too 400+ to 30+ now.

Somebody making huge bulk deals in this company yesterday & few days before too.

10-11-2009 NSE 500000 10.45 0.52 12:26:25
10-11-2009 NSE 547183 10.30 0.56 15:03:04
10-11-2009 NSE 700700 10.35 0.73 11:56:41
10-11-2009 NSE 500000 10.35 0.52 15:08:17
10-11-2009 NSE 500000 10.45 0.52 14:45:41
05-11-2009 BSE 500602 11.60 0.58 09:55:22
04-11-2009 NSE 502205 11.40 0.57 15:19:58

I suggest one can invest a small amount in this stock( as mentioned earlier you shouldnt feel bad if the whole company is sealed). the stock cany fly @ anytime bottom side 6Rs level some support seen.Upside potential high.

Good luck
 

columbus

Well-Known Member
What is story in KansaiNerolac? In last ONE year it moved from 400 to 1325.
In last 3 months it moved from 700 to 1325.
 

stockBond

Well-Known Member
Re: Austral coke - koolfriend4u

Financial fraud in Indian companies....may be this is one of the largest selling book in the upcoming days.

Next to satyam many companies are in the Q now.

one such company is austral coke & which is my investment bet too.

but once you invest, think you have lost the principal itself.


Austral, incorporated in 1994, is engaged in the manufacture and sale of low ash metallurgical coke and refractory in India.The company with networth 440cr (stated in '08).
Company through its subsidiary Astra Mining Limitada, Mozambique, acquired six prospective licenses admeasuring 100,000 hectares in Mozambique. This acquisition will provide raw material security to Austral.

It is the same promoters of Gremach Infra and same Rishi Raj.Hope you remember this stock - Gremach infra too 400+ to 30+ now.

Somebody making huge bulk deals in this company yesterday & few days before too.

10-11-2009 NSE 500000 10.45 0.52 12:26:25
10-11-2009 NSE 547183 10.30 0.56 15:03:04
10-11-2009 NSE 700700 10.35 0.73 11:56:41
10-11-2009 NSE 500000 10.35 0.52 15:08:17
10-11-2009 NSE 500000 10.45 0.52 14:45:41
05-11-2009 BSE 500602 11.60 0.58 09:55:22
04-11-2009 NSE 502205 11.40 0.57 15:19:58

I suggest one can invest a small amount in this stock( as mentioned earlier you shouldnt feel bad if the whole company is sealed). the stock cany fly @ anytime bottom side 6Rs level some support seen.Upside potential high.

Good luck
Do you see nifty hitting new highs of 5200+ this month or shall we correct before further upmove ?

What about Ashokleyland and Suzlon ?
 

koolfriend4u

Well-Known Member
Re: Austral coke - koolfriend4u

Do you see nifty hitting new highs of 5200+ this month or shall we correct before further upmove ?

What about Ashokleyland and Suzlon ?
Hi bond

my personal view:
Honestly my inner feeling & wish : I need bear market from 5150-5180 level

In this juncture many of us follow a thumb rule : if ppl seems to bullish / bearish - they take contra view & go.

So act accordingly.

Technical view:

until we stay above 4900, we are in bull market alone.
once we close below 4691 - we entering in to bear market.

Global cues, dollar -dead cat bounce, liquidity are the indicators which going decide the market direction.

levels to watch are :

Res:4930,4950,4980,5010,5150,5181,5204
Sup: 4860,4805,4784,4725,4691,4530

Happy trading
 

koolfriend4u

Well-Known Member
What is story in KansaiNerolac? In last ONE year it moved from 400 to 1325.
In last 3 months it moved from 700 to 1325.
Dear columbus

recently nerolac has posted good results

Kansai Nerolac Paints Limited has informed the Exchange regarding the standalone Results for the quarter ended on 30-SEP-2009 as follows: Net Sales of Rs. 44879 lacs for quarter ending on 30-SEP-2009 against Rs. 39028 lacs for the quarter ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 5299 lacs for the quarter ending on 30-SEP-2009 against Rs. 2707 lacs for the quarter ending on 30-SEP-2008.

In the month of oct 09 - birl MF has taken 1.2 lac shares

Is it possible to get the P/E & EPS for asian paints & nerolac - This will give some good view on fundamental basis.

Technically :

Next resistance near 1443 level

Vol change : +98.634%
Highly OB
from oct end the ADX has given strong upside direction & still no divergence.

Overall still some upside left.

Cautious : STAY AWAY
 

columbus

Well-Known Member
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