3i Infotec

hI all

3I infotec

CMP ; 321.25


Target (1) 331 ; by 17/07/2007

Target (2) 345 ; by 31/07/2007

Target (3) 368 ; by 17/08/2007

If by any chance , the stock touches 309, donot panic; add more and average and hold for the said targets

sag

Yes average all the way down to 200, correct Sagi?

HI

even now the stock should be held for the targets


only there is a time delay


This is my clear message in one of my threads:

I look at FUNDAMENTALS and technicals , before I give a call.

As regards credibility, u have to have a close look at my calls , and come to your own conclusion .

The famous words of RonalD Reagan to Kruschev comes to my mind at this time.

"TRUST BUT VERIFY"
( a russian Proverb)



sagi

Hi

why donot u look at my other threads?

even now I state the targets will be achieved ; there is a time delay;

This was one of my postings in another Board :

I look at FUNDAMENTALS and technicals , before I give a call.

As regards credibility, u have to have a close look at my calls , and come to your own conclusion .

The famous words of RonalD Reagan to Kruschev comes to my mind at this time.

"TRUST BUT VERIFY"
( a russian Proverb)

sagi

Hi u are wel come and your comments are welcome too.


sagi

Sorry to say when you say there is a time delay, it doesn't make any sense. You always give calls without SL and with dates and targets. Too wrong my friend.

No MM we are adapting. A person took a call and see the trade go below 50% and needs to wait for 2yrs to get back to a break-even price can be said as time delay.

I just want to highlight people the method is very dangerous and can wipe out your capitals. I believe that you will never trade without MM, SL ....

Raj

Better watch out what you can say. Pointing out the problem is good but watch your words.

Raj

HI Ratan,

You may be sarcastic for a while; no problem: But I would like you to know how the stock market plays the game

But I am sure You know the ways of the stock market.


The weak hands are being shaken off by powerful Institutions so that they can accumulate. I know their methods too well to be embarrassed by your comments.

sagi


Assuming that the pivot is 309 , and if the stock is beaten down by powerful institutions to shake off the weak hands , and assuming that it goes to Rs 200m as you say, then the stock will bounce back to (309-200) + 309 +; that is 418. In which case the Institutions would be laughing at you because , they get their stock almost free.

That is why I never put stop loss. And I have written to small investors to hold the stock without panic and if they follow me , they will not be hurt in the end.. I have also given the rationale of my way of playing the game of stock market in some other thred.

But ratan , if u have no confidence in my calls, still YOU can make money; You can short this stock for your 200 and enjoy.


Sagi

I am clear about my targets for this stock , may be the time frame has been not met with;

HI Ratan,



I am clear about my targets for this stock , may be the time frame has been not met with;


You may be sarcastic for a while; no problem: But I would like you to know how the stock market plays the game.But I am sure You know the ways of the stock market.


The weak hands are being shaken off by powerful Institutions / big brokers so that they can accumulate this strong stock.. I know their methods too well to be embarrassed by your comments.


Assuming that the pivot is 309 , and if the stock is beaten down by powerful institutions to shake off the weak hands , and assuming that it goes to Rs 200as you say, then the stock will bounce back to (309-200) + 309 =that is 418. In which case the Institutions/powerful brokers , having bought it Your price of Rs 200. would be laughing at you because , they get their stock almost free.

That is why I never put stop loss, in case of fundamentally good stocks . And I have written to small investors to hold the stock without panic considering the purchase as investments and if they follow me , they will not be hurt in the end.. I have also given the rationale of my way of playing the game of stock market in some other thread.

But ratan , if u have no confidence in my calls, still YOU can make money; by taking action by short selling this stock which is opposite of the direction of my call for this stock You can short this stock for your 200 and enjoy. what do you say?

sagi




I am clear about my targets for this stock , may be the time frame has been not met with;

Hello Sagi

Regarding your buy call on 3I can you confirm your logic in making the buy call will hold if scrip moves below 290-288 range. Right now i feel it is bit dicey and a touch and go situation. If it turns upwards from here it is very good.

Otherwise dont you think it will be a good buy at 280-282 levels. Of course i will not go short on this scrip now but was wondering whether pickup at lower levels will be possible if 290-288 fails to hold. Monthly S1 is 290.50.

why i mentioned monday is a touch and go is that on friday it took out previous days low(292.70) and closed at the previous day low price.
Usually in such type of candles i see a sharp reverse move upwards. So on monday it may go to 289-288 level and bounce upwards. These are all just possibilities and assumptions.

But why i raised the query was one of the most important support levels for the scrip at present is 290.60(say a small margin to the lowr side) so what if it is substantially broken. The scrip managed to close just above 290.60. Moreover i feel scrip will be really bullish only if it crosses and trades above 304 levels at least for the present. I hope you understand my thinking.

This is where Ratans logic of using SL and re entering scrip comes into. But then SL depends on a persons ability to absorb the loss he is willing to accept . As you said it should not be defined by you.The trader should decide on SL.

Kindly note this is not a difference of opinion or suggestion. But thinking of a possibility since most of my studies are based on short term periods.I do not follow fundamentals .Correct me if i am wrong.

Regards

Saji