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New Intermed Uptrend!!

Discuss New Intermed Uptrend!! at the Position Trading Stocks within the Traderji.com - Discussion forum for Stocks Commodities & Forex; And seeing some nice movement in mrpl from last 2 days. I am holding MRPL ...


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  #1511  
Old 13th December 2005, 12:10 PM
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Default Re: New Intermed Uptrend!!

And seeing some nice movement in mrpl from last 2 days.
I am holding MRPL @57 CMP 51/-..what do you suggest.

Thanks and Regards,
Ashish
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  #1512  
Old 13th December 2005, 12:37 PM
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Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by chopra
And seeing some nice movement in mrpl from last 2 days.
I am holding MRPL @57 CMP 51/-..what do you suggest.

Thanks and Regards,
Ashish
Yep,it's a HOLD with stop loss at 44.

Saint
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  #1513  
Old 13th December 2005, 12:40 PM
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Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by chopra
Dear Saint,
Could you refer any good website to refer to charts.
I used to go to hdfc but these days i not able to see charts there, may be some applet problem.
Tried at sharekhan and icicidirect but not happy with the charts there.

Thanks and Regards,
Ashish
Hi Ashish,

Please ask Karthik or Murthy......they would be of greater help to you.I personally use Metastk ,but don't know much about which is better,or at lesser cost,etc.

Best to ask Karthik /Murthy

Saint
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  #1514  
Old 13th December 2005, 12:53 PM
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Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by roneeth
Hello Saint,

Mcleod Russel took out its previous resistance of 65,was sideways from mid october trading around 59....good Volume is also coming in....How do we trade this?Wait for todays Close?

Thanks and Regards

Roneeth
Hi Roneeth,

Yep,my friend.........no positions in this one yet.We need this one to go above 65,it has ,in a super move today.What we need now is a close above 65.Enter tomorrow over today's high or enter on a pullback that usually results after such a big move.

Nice find,my friend!

Saint
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  #1515  
Old 13th December 2005, 01:09 PM
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Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by Saint
Hi Vizzie,

KEI INDS :Agree with you totally.........looking good!Weekly charts just about making its move.Nice volume coming in.That wide range breakout bar on the 31st of Oct never got negated with all subsequent trading in the coming weeks staying in the top half of that bar.ADX had indicated a buy a few days back as well.Overall,looking good.

Buy with a stop loss of 187 and share size accordingly.Trail stop upwards and get the max as possible.

All the best!
Happy Trading!
Saint
Nice move in KEI Inds.........We're up 20% so far.Raise the stop loss to 215(which is just above breakeven).Ride the trend and enjoy the ride.

Great going,vizzie!!

Saint
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  #1516  
Old 13th December 2005, 01:10 PM
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Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by Saint
Hi Gandharvashu,

For the intermediate trend,the only thing I am looking at is the weekly charts and pivots,with some help from TRIX,RSI and Stochs and Volume.

Basically,I play pivots again and again and again....and not to forget patterns.Basically all analysis at the end of the day in every chart is the pivot analysis and pattern analysis.........not sure if I have sufficiently answered your doubt.

Shall give a more in depth reply later.

Saint
Hi Saint,

The eagerness to share your knowledge is great. You surely are an inspiration to everyone here.

Keep doing what you are.. buddy

Regards,
Srikanth
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  #1517  
Old 13th December 2005, 01:23 PM
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Default Re: New Intermed Uptrend!!

Hi Saint,

MRPL looks good on the charts. what do you say?

Regards,
Srikanth
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  #1518  
Old 13th December 2005, 01:27 PM
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Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by srikrp
Hi Saint,

The eagerness to share your knowledge is great. You surely are an inspiration to everyone here.

Keep doing what you are.. buddy

Regards,
Srikanth
Hi Srikanth,

Thank you for your kind words,.........most sincerely appreciated.

Saint
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  #1519  
Old 13th December 2005, 01:41 PM
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Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by vizzie
Hi Saint!

Gr8 call yet again Bombay Dyeing..
Saint, do hv a look at the Eastern silk, DIC India, TIL..
look good 2 me..
will appreciate ur views..

cheers
vizzie
Hi Vizzie,

DIC INDIA :Looks good......but enter on a pullback.Keep this one on your watchlist for now.

TIL:Once again,same as above.........watchlist for now.Buy on pullback or on sideaways consolidation.

EASTERN SILK INDS :Nice one especially if you got in at the 195-200 area.But lots of supply here at the 212 area.If in,it's a HOLD.Else,a wait and watch.But a break over 217,and it's a BUY.

Nice ones,my friend.........and great eye.And KEI continues its blast-off.Nice!

Happy Trading!
Saint
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  #1520  
Old 13th December 2005, 01:56 PM
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Default Re: New Intermed Uptrend!!

Hi saint,
Whats your view on auto companies - Escorts and Hindustan Motor?
cement - Prism Cement
Finance - India Bull
Consumer Durable - videocon International
Metals - Gur NRE, SAIL
Textile - Alok Textile, Garden Silk

Thanks and Regards
Dinker
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