Fate of HFCL and Tata tele - Mah Stock

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  #1  
Old 22nd August 2005, 08:02 PM
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jikku is on a distinguished road
Default Fate of HFCL and Tata tele - Mah Stock



Traderji/All

Can any body tell whats the future of this stock, after having rumors that Reliance buying it..I have some stocks @27..is it worth holding

Please also suggest me wheter to hold Tata tele which i bought @31
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  #2  
Old 22nd August 2005, 10:15 PM
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Saint will become famous soon enough
Default Re: Fate of HFCL and Tata tele - Mah Stock

Quote:
Originally Posted by jikku
Traderji/All

Can any body tell whats the future of this stock, after having rumors that Reliance buying it..I have some stocks @27..is it worth holding

Please also suggest me wheter to hold Tata tele which i bought @31
Hi Jikku,
Got some TATA TELE at 29.5,and holding.Chartswise,still looking good for an up move,but I have a stop loss at 28.3.Target of 38.Still a hold,jikku.

HFCL:It was forming a nice higher pivot low on the monthly and weekly.2weeks back,broke through the resistance at 25.2-25.5,and now pulling back to the same line(now support).If this area holds,it's not just a hold,it's a buy.......This is just from atechnical viewpoint,not fundamentally speaking or from news angle.

Saint
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  #3  
Old 23rd August 2005, 08:08 AM
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vikasdewan is on a distinguished road
Default Re: Fate of HFCL and Tata tele - Mah Stock

Hi Saint,
It's always good to see your comments/opinions ... Could you please explain this "Pivot low" funda in context of the weekly or the monthly charts ? And what exactly does it signify ?

Thx

Vikas
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  #4  
Old 23rd August 2005, 09:33 AM
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neelumin2 is on a distinguished road
Default Re: Fate of HFCL and Tata tele - Mah Stock

Traderji,
Any idea where will Wipro stock go after the split.
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  #5  
Old 23rd August 2005, 09:52 AM
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Saint will become famous soon enough
Default Re: Fate of HFCL and Tata tele - Mah Stock

Quote:
Originally Posted by vikasdewan
Hi Saint,
It's always good to see your comments/opinions ... Could you please explain this "Pivot low" funda in context of the weekly or the monthly charts ? And what exactly does it signify ?

Thx

Vikas
Shall do,Vikas........but a bit later!!Markets about to open.....
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  #6  
Old 23rd August 2005, 10:09 PM
SSM SSM is offline
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Default Re: Fate of HFCL and Tata tele - Mah Stock

Hi Saint
Pls apply your thoughts on starting a new thread on making money selling stocks short. Why sit idle on the way down especially on the F&O side?
Thanx again for all your work
Regards
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  #7  
Old 25th August 2005, 07:11 PM
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Saint will become famous soon enough
Default Re: Fate of HFCL and Tata tele - Mah Stock

Quote:
Originally Posted by SSM
Hi Saint
Pls apply your thoughts on starting a new thread on making money selling stocks short. Why sit idle on the way down especially on the F&O side?
Thanx again for all your work
Regards
Hi SSM,
The time has not come to think of shorts as yet,other than intraday daytrading shorts......That day will come,and when it does,we'll do our best to make money on the downside as well.

Saint
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