Bharti & HLL ....is best pick !!!

innocent_trader · #**101** 5th March 2007, 07:40 PM

Quote:

Originally Posted by Sarfarazd

Thanks Asish,

I was away from my desk all the day due to meetings was lined up from morning...could not use this opportunity....anywaz HLL is closed at 72.50 do you reccomand to buy first thing in morning tomorrow or market may further correct?

dear Sarfarazd, this market correction is very incorrect

, lost quite some money in intraday today, however i also want to ask the same question sudesh, from where do you get this data?

srisara · #**102** 6th March 2007, 12:30 AM

A relief rally can be expected...

but be watchful and careful, not the time to go long.
Satya

jatayoo · #**103** 6th March 2007, 08:48 AM

Quote:

Originally Posted by Sarfarazd

Hi Guys,

I am new to stock market and started trading from last week.

I have picked Bharti 75 shares @ 776 and HLL 175 shares @ 208 but price has come down to 755 & 188 and looks like it will further go down till tuesday/ wednesday.

Do you recommand to buy more stock when it comes down further

Need your expert advice ....

Thanks in Advance.

Regards
Sarfaraz

---------------------------------------------------------------- ----
HI ,
.............HOW DO YOU PICK THE PRICE AT WHIH A STOCK SHOULD BE BRAUGHT?
...................is it because the price has come down 8% to 10%?
.......................... I'll look for BHARTI close to 611 for the present and HLL below 160( if i invest in it at all).
..................................GLOBALLY WE ARE REBALANCING ECONOMIC FORCES ----- A SLOW PROCESS.

uasish · #**104** 6th March 2007, 09:02 AM

Sarfazad,
In HLL if u find Low is not much below 170.60 then buy with Low SL.
Provided 3540 in Nifty not broken decisively.

Asish

uasish · #**105** 6th March 2007, 10:42 AM

Sarfazad,
Refer this earlier post
" Sarfarazd,
In 1 min line chart 176.30 is the High still now ,however recovering from 173.15,wait for buy until 176.30 taken out with volume.
Asish"
Look how that 176.30 is acting as a resistance still now,(we will always have to remember the earlier intraday price actions )

Asish

Sarfarazd · #**106** 6th March 2007, 10:56 AM

Hi Asish,
and what do u suggest for bharti i have picked
75@775
30@720
50@711
shall i pick more when it goes further down or should wait...

Thanks in Advance....

Inocent Trader....market is unexpected now a days ...do not go for futures and intraday for some time.....i was thinking this temp... correction is due to budget fever...but it something else ...so be careful.........

Regards
Raj

uasish · #**107** 6th March 2007, 10:57 AM

In RSI there is a support line & a pattern forming (that may be the reason for low vol) ,watch out for a break from 174.90,now.

uasish · #**108** 6th March 2007, 10:57 AM

Quote:

Originally Posted by uasish

In RSI there is a support line & a pattern forming (that may be the reason for low vol) ,watch out for a break from 174.90,now.

this is for sarfarazd

uasish · #**109** 6th March 2007, 11:08 AM

Bought at 174.75 SL 174.20

uasish · #**110** 6th March 2007, 12:37 PM

SL triggered

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