Trading Tips - koolfriend4u

[tejaswini1403]

hi,
thx for the update..it would be helpful if u put brief reasons for buying mudraport and bedmutha industries..

 

[koolfriend4u]

hi,
thx for the update..it would be helpful if u put brief reasons for buying mudraport and bedmutha industries..

Jus due to basic reasons

Bedmuth near the support of trendline. Took @116 (But went to 110 on same day- signal almost to breakdown of support trendline). Now Tech oversold.So holding it.

Mundraport huge consolidation between 130 - 150 : am expecting a rally above 150. took @ 149.

-koolfriend4u

 

[koolfriend4u]

Jus due to basic reasons

Bedmuth near the support of trendline. Took @116 (But went to 110 on same day- signal almost to breakdown of support trendline). Now Tech oversold.So holding it.

Mundraport huge consolidation between 130 - 150 : am expecting a rally above 150. took @ 149.

-koolfriend4u

Bedmutha after hitting 132 back to pavilion exited some @ 122 & holding remaining 50% ( honestly failed to book - due to work load)

Mundraport exited @ 157- 160

Now my bet is on skm egg products & KS oils - ;-)

Thanks

 

[Kajaria]

How is NHPC TRADING AT 23.00 TO 24.00 SINCE LAST 3 MONTHS IDEAL FOR LONG TERM 2 YRS .

 

[Kajaria]

Suggest any other good stock in the range from rs 25 to rs 50 for long term investment

 

[freetenders]

Re: ONGC cancels tenders for offshore supply vessels: report

ONGC cancels tenders for offshore supply vessels: report


Oil & Natural Gas Corp. has reportedly canceled tenders for offshore supply vessels because of delays in negotiations. The explorer has decided to extend current contracts.

According to reports, Shipping Corp. of India, Great Eastern Shipping Co. and Varun Shipping Co. have chartered vessels to ONGC. Tenders for seven offshore supply vessels were issued in February last year and for five vessels in April.

yes it is......

 

[koolfriend4u]

Suggest any other good stock in the range from rs 25 to rs 50 for long term investment

Nelcast - if it comes below 25 - buy @ 22 levels - I am waiting to enter in this stock.
IFCI @ 28 levels feel gud pick.
Archies @ 35-33 levels support seen.


( no position in the above stocks...planning to buy some @ support levels)

for short term play i took KSL & GTL @ 48~50 rs level 2 weeks back. ( not fundamentally sound - so am not recommending these stocks)

 

[koolfriend4u]

11 banks, including SBI, ICICI Bank, IDBI Bank, PNB and Bank of India, converted their loans, which was in the form of cumulative redeemable preference shares, into equity shares of the company. Post this conversion, while SBI's holding in the airline was 5.7%, ICICI Bank had a 5.3% stake and IDBI Bank 3.5% stake. This high exposure of these three banks in Kingfisher Airlines proved to be a major drag on their stock prices on Friday, market players said. SBI lost 3.5% to close at Rs 1,798, ICICI Bank lost 4.6% to Rs 823 and 3.3% to settle at Rs 107.

(old news)

Apr 7, 2011, 05.47AM IST
NEW DELHI: Kingfisher Airlines on Wednesday disclosed that lenders including State Bank of India and ICICI Bank have converted debt amounting to Rs 1,400 crore into equity at a 60% premium to the prevailing market price. Stock exchange filings showed that on March 31, there was preferential allotment to SBI and ICICI Bank due to conversion of compulsorily convertible preference shares into equity shares at a price of Rs 64.48 each. On that day, Kingfisher Airlines had closed at Rs 39.90 on the Bombay Stock Exchange and the conversion translates into a premium of 61.6%.

 

[koolfriend4u]

where are we going towards? - koolfriend4u

"We must move in the direction of decontrolling more prices. I have no hesitation in saying markets must find their own levels," - Prime Minister on the fuel prices just a week back.

We'll explore ways to help Kingfisher Prime Minister today on the Kingfisher crisis.

Why not allow the market forces to operate I wonder!

 

[timepass]

Very good remark.