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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; Originally Posted by cube hey Saint, What are your views on the following stock? 1. ...


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  #2681  
Old 29th March 2006, 09:49 AM
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Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by cube
hey Saint,

What are your views on the following stock?

1. Tube investments
2. Granules India


Thanks,
Cube
Hi Cube,

TUBE INV :So far in sideways territory,so long this remains above 530 we can deem it as consolidating over time only for a further move up.A break below 530,and it looks more and more like a double top.So,if not in,a wait and watch.

GRANULES :So far,in sideways trend,now approaching support.But frankly,my friend,we have more beautiful trending patterns that we could buy.So if not in,give this a pass for now.

Happy Trading!
Saint
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  #2682  
Old 29th March 2006, 09:57 AM
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Default Re: Whither Maruti?

Quote:
Originally Posted by superkap
Hello Saint,

What are your views on Maruti (MUL) which has again started moving since yesterday? My friends have been telling me that this counter will see good upside moves in April. I have posted this elsewhere but realized that maybe I was in the wrong place. Thanks for your help.
Hi Superkap,

A wise reply from Ivan below to your query on Maruti below.

Quote:
Sorry about the delay in replying. Maruti has been taking constant support from its 30DMA. It did so again on the 23th, when it made a low of 831. Since then its gone up by around 20 bucks.
Its RSI is now around 55, which means its in neutral territory. The push that had taken Maruti to around 930 levels had also taken the RSI to overbought levels, from where the stock corrected. If you see the charts you'll also notice a spurt in volume on the way to 930, which basically shows euphoria...
That wide range bar on high volume on the weekly charts smacks of an intermediate top.Now in pullback mode on the weekly.From a charts perspective,stay out until it has completed the pullback.It's going to be some time before we start seeing new highs.Don't get in now and have to live through a deeper pullback.

Saint
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  #2683  
Old 29th March 2006, 10:04 AM
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Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by mahmeds2000
Hi sant,

Just recently i have joit this site and i found this is the best site for the traders but i am littile worry that how u all people r giving the advice free becz. i have paid for the recommendation and that reco. is not worked many times.
i want some advice from u becz. i find u best among the all . i want to know ur views about my portfolio. following r the list of my portfolio.
1. skf india
2. PRISM CEMENTS LTD
3. w s industry
4. moschip
5. KANISHK STEEL INDUST
6. marksuns pharma
7. gujrat industrial ( i have got 25 % loss holidin it from last 7 month)
8. banswara syntax
9. ginni filament
thanks
Hi Mahmed,

Nope,not the best at all......many great individuals with a great eye and a great mind when it comes to trading are here in this forum,so you could ask anyone of us.

As far as paid recommendations not working and the free ones from this forum working,and you are a little worried about these being free........can't help you there,my friend.Sometimes the good things that Life has to offer comes free,like Love ,Friendship,Peace.....

Shall get into your list maybe after market today.........

Saint
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  #2684  
Old 29th March 2006, 10:11 AM
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Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by ganeshhity
Hi saint,
Archies has shown a greeeat move today...low-150..high-159..then again came down down down.....tomorrow it may trade in a range 150-160..is it a good buy at 150-152.....

ganeshhity
Hi Ganesh,

Sorry,missed this post.......

ARCHIES :Nope,my friend,stay away from this one for now.In the middle of a weekly correction.More grinding or correction to follow.Your intention as a trader is to not get in at the absolute bottom of that move but instead detect a trend change at the earliest and jump in.That trend change in Archies has not happenned yet.Keep it on your watchlist........but that is the max you should do with it for now till things change.

Saint
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  #2685  
Old 29th March 2006, 10:13 AM
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Default Re: New Intermed Uptrend!!

Hi Saint,

What should be the stop loss for Hexaware ?


Thanks,
Mohit
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  #2686  
Old 29th March 2006, 10:32 AM
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Default Re: New Intermed Uptrend!!

Wow... Triveni Engg. is quoting at 113 Rs.....
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  #2687  
Old 29th March 2006, 10:42 AM
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Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by alok
Wow... Triveni Engg. is quoting at 113 Rs.....
CMP 117.80 , high of the day 119.90
Cheers
Vinsu
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  #2688  
Old 29th March 2006, 10:44 AM
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Default Re: New Intermed Uptrend!!

yup.. great.

Hey Saint, Any take on Hinduja TMT?
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  #2689  
Old 29th March 2006, 10:47 AM
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Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by vinsu
CMP 117.80 , high of the day 119.90
Cheers
Vinsu
Great going Vinsu.And Sandy,can see that smile already.Great going!!

Saint
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  #2690  
Old 29th March 2006, 10:49 AM
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Default Re: New Intermed Uptrend!!

now triveni is 122...
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