|
| Discuss Tcs at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Planning to buy TCS on Monday at Market Rate , I think that Market will go ... |
|
|||||||
| Register | Blogs | FAQ | Chat Room | Search | Today's Posts | Mark Forums Read |
| Equities Discuss & analyse stock market news, views, trends and your favourite stocks here. |
|
Welcome to the Traderji.com - Discussion forum for Stocks Commodities & Forex. You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today! If you have any problems with the registration process or your account login, please read the FAQ. |
 |
|
|
Thread Tools |
| Sponsored Links |
|
#1
11th June 2006, 01:32 PM
|
|||
|
|||
Tcs
Planning to buy TCS on Monday at Market Rate , I think that Market will go down on Monday and i will be able to buy it in 1650 /
What you guys think , is it a good decision or i should wait for some more time  
|
|
#2
11th June 2006, 02:12 PM
|
|||
|
|||
Re: Tcs
Quote:
Its current eps is 60.63. PE at cmp works out to be around 27. Reserves Rs. 556040 lakhs on paid up capital of Rs. 4893 lakhs. Profit for Year ending Mar 2006 is 271687 lakhs. YL is 1219 and YH is 2099 so currently poised in the middle. Recent Low was 1603 in Jan and upper band was 1651. So its Fine at current valuations.Slight up and down will be only quotational loss/profit and has little significance unless you are daytrading. In any case good stock to hold for a long term basis. IT might become available at slightly lower price if you wait for this week. In any case if you are comfortable with valuations at current level , go for it on a long term basis. Tha is called Fire and Forget unlike shoot and scoot. It has different destiny and not to be worried by these little fluctuations in the market.Other members may be better in commenting on tecnhical aspects as to how charts are looking at this moment. Pankaj Last edited by pkjha30 : 11th June 2006 at 07:21 PM.
|
|
#4
11th June 2006, 07:11 PM
|
|||
|
|||
|
Re: Tcs
I agree with PK. No time to buy. Technically does not look good enough for short term even. On Friday when most of the stock moved up TCS closed almost at the open price forming a doji. This shows either indecision on the part of the bulls or that the bears were strong enough to hold the bulls at bay. So even the short-term move is unclear.
Also there is no reason to believe that we have hit the bottom and there are no signals to say that. Of course the Nifty formed bullish engulfing pattern on Friday. Nifty is still below the 200 DMA. Moving past 3050 will signals resumption of the up trend if this is a medium term downtrend, which looks difficult as of now. For the long term one can pick up the stock now or maybe even at lower levels as technically the stocks still looks weak. Of course when one is looking at long-term a hundred rupees here or there should not matter much.. karthik
|
|
#8
26th June 2006, 10:40 AM
|
|||
|
|||
|
Re: Tcs
Quote:
you should wait till 1600
|
|
#9
26th June 2006, 03:25 PM
|
|||
|
|||
|
Re: Tcs
Quote:
|
|
#10
26th June 2006, 03:41 PM
|
|||
|
|||
|
Re: Tcs
Quote:
Any realistic reason for this high target? Its hit 1630's today!
|
| Sponsored Links |
|
|
|
| Thread Tools | |
|
|
Indemnity, Disclaimer & Disclosure
Notice:
• By visiting Traderji.com you indicate your acceptance of our Forum
Rules Disclaimer & Disclosure and indemnify Traderji.com, its
associates and related parties of all claims howsoever resulting from
the usage of the forum.
• Disclaimer: Trading or investing in stocks & commodities
is a high risk activity. Any action you choose to take in the markets
is totally your own responsibility. Traderji.com will not be liable for
any, direct or indirect, consequential or incidental damages or loss
arising out of the use of this information.
• Disclosure: The information in this forum is neither an offer
to sell nor solicitation to buy any of the securities mentioned herein.
The writers may or may not be trading in the securities mentioned.
• All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy of information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. If you find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
