Hindustan Motors & Ispat Industries

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  #1  
Old 25th October 2007, 03:05 PM
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jayeshdewana is on a distinguished road
Default Hindustan Motors & Ispat Industries



Whats you view on Hindustan Motors & Ispat Industries for short term basis ?

Thank you

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  #2  
Old 3rd November 2007, 06:09 PM
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Default Re: Hindustan Motors & Ispat Industries

I am also looking for short term targets for ispat industries. Since last one mnth its been moving up and down b/w 26 and 31. Can anyone guide as to when it will break out of these margins?

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  #3  
Old 4th November 2007, 09:18 AM
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Default Re: Hindustan Motors & Ispat Industries

Dont go for ispat i have been tracking this share for quite a while now and its not clearing the 30 border line... so look for something else... in my view....

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  #4  
Old 10th November 2007, 09:57 PM
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Default Re: Hindustan Motors & Ispat Industries

At last ispat has broken out of its range (patience pays!)..despite most stocks moving down during the muhurat session, ispat was having a good rally..looks ceratin to reach 41-42 early next wk, hopefully :-)

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  #5  
Old 11th November 2007, 12:29 AM
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Default Re: Hindustan Motors & Ispat Industries

Quote:
Originally Posted by jayeshdewana View Post
Whats you view on Hindustan Motors & Ispat Industries for short term basis ?

Thank you
Hindustan Motors is producing falling wedge..So more chances of uptrend.
Read more at "hxxp://www.thestockbandit.com/Falling-wedge.htm"
Wait for the breakout for fresh entry..


PS: This is not a trading advice..do your own research..

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  #6  
Old 11th November 2007, 11:06 AM
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Default Re: Hindustan Motors & Ispat Industries

Heard rumours of ISPAT INDS. coming in FNO. Based on this rumour only, is the stock on fire or there is more to that ????????

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  #7  
Old 11th November 2007, 11:26 AM
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Default Re: Hindustan Motors & Ispat Industries

f&O or no f&o ISPAT may take everybody by surprise once it reaches 40 levels it would be easily able to reach 60-65 levels but remember one thing this stock is not for weak hearted so better buy on dips, currently 30 seems to be support and a really good buying level if you can buy it at that level it would be great otherwise dont try to run after a train at full speed it can hurt you really badly

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  #8  
Old 11th November 2007, 01:38 PM
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Default Re: Hindustan Motors & Ispat Industries

Guys, news is that ispat has formed alliance with uttam galva, another mid size steel company..this could have been the trigger for the rise in its share prices

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