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| Discuss New Intermed Uptrend!! at the Position Trading Stocks within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hi Saint, Its nice to be on this forum. Its full of gyan and advice. ... |
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#1591
19th December 2005, 12:29 PM
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Re: New Intermed Uptrend!!
Hi Saint,
Its nice to be on this forum. Its full of gyan and advice. gr8. I have my query on the prospects of 3 stocks,both short and medium term. 1. IDBI 2. MSP Steel and Power 3. Bhushan Steel Regards, Sanjoy 
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#1594
19th December 2005, 08:26 PM
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Re: New Intermed Uptrend!!
Hi Saint!
I managed today entry in Gayatri Sugars early in the morning. Now as I am close to 20%, according to my rule i should book partial profits. Now, I consulted my broker and he said hold on, so I have not booked. What you say. Moreover your take on granules and K.S. Oil. Look weekly. But market in new territory what you say.
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#1595
19th December 2005, 08:43 PM
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Re: New Intermed Uptrend!!
Quote:
I usually disagree with brokers who give advice on when to buy or sell,but in this case I agree with him.If you were in this looking at weekly charts,it's a HOLD.Of course different ballgame if in for a short term trade. GRANULES :Sideways monthly consolidation taking place.High volume wide range bar on the 12th Dec.Weekly making a higher pivot low.Buy on a close over 118.Stop of 105.Looking good. Nice KS Oils as well..............as always,great ones,my friend! Happy Trading! Saint
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#1596
19th December 2005, 09:05 PM
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Re: New Intermed Uptrend!!
Quote:
Yep,agree with you,my friend.Truly a great forum with excellent threads packed with lots of wisdom and education.Truly a great set of individuals we have at Traderji. IDBI :In the short and intermed term we may see a move up,but so far has been a limp move up.Not looking too good.Unless we see an upsurge in volume and a strong move up,this flaccid response may continue.Frankly,look for another stock. MSP Steel and Bhushan Steel :Still in a downtrend.Stay away till some sort of strength is demonstrated. Happy Trading! Saint
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#1597
19th December 2005, 09:11 PM
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Re: New Intermed Uptrend!!
Quote:
CESC is in that area where we can't say for sure.I would stay away.I'd rather buy high and sell much higher than buy at a relatively lower price here but in uncertainty.Watch for now.Buy if it can close over 250.Till then,am in watch mode. Saint
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#1598
19th December 2005, 09:31 PM
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Re: New Intermed Uptrend!!
PROVOGUE:Once again we have a wide range breakout bar with high volume on the weekly charts followed by a neat orderly pullback on decreasing volume.Looks set to continue its uptrend.Buy with a stop loss at 172,with a first target of 240.
Happy Trading! Saint
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#1599
19th December 2005, 09:55 PM
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Re: New Intermed Uptrend!!
USHA MARTIN :Forming a higher pivot low on the weekly and threatening to break out of the symmetrical triangle.Looking good to continue its powerful uptrend.Buy over 182 with a stop loss at 160,and a first target of 225,after which we trail stop upwards.
Happy trading! Saint
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#1600
19th December 2005, 10:01 PM
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Re: New Intermed Uptrend!!
Hello Saint!
Thanks a lot for Praj,Balrampur,Mphasis,IndBulls and Bombay Dyeing.Ginni Filaments didn't go good,but on an overall,profits! Thanks once again! Regds, JayRaj
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