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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 prashant_bpl hi saint good job done pl tell me i want to ...


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  #3271  
Old 11th May 2006, 12:50 PM
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Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by prashant_bpl
hi saint good job done pl tell me i want to enter in mahindragesco.prospectus of the company for next 2-3 yrs
Hi Prashanth,

Am still holding on to MAH GESCO,if you are planning a new entry here,would prefer a pullback or sideways movement before an entry.

Or if you are a bit aggressive,buy here with a stop at 825 with proper share sizing.

Saint
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  #3272  
Old 11th May 2006, 12:55 PM
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Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by agupta
Thanks for the advice Saint. I had entered BOM DYE about 3 weeks ago and booked profits when it had its big run-up so just curious if it was prepping for something similar. Wishful thinking I guess
Maybe,maybe not.........but careful on an entry here.The weekly charts need some sideways to down movement before a further climb(of course,none of all this applies to stocks like Unitech!)....anyway on Bombay Dyeing,great trade and sweet profits.But,if you are planning a medium term add,hold off for now.

Great going,and all the best!

Saint
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  #3273  
Old 11th May 2006, 01:03 PM
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Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by ngm23
Any views on Tata Teleservices Maharashtra Ltd. Did start a move with good volumes and then losing steam with lower volumes.
Hi ngm,

If you are looking at this on a medium term basis,and would like to catch it on its uptrend,let it make this breakout and then pullback to a higher pivot low before committing funds to it.As it stands now,looking all over the place despite a 7% move today............a chart must be sooooooooo juicy that you can't help but trade it.Else avoid it or keep it on your watchlist.

Saint
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  #3274  
Old 11th May 2006, 01:05 PM
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Default Re: New Intermed Uptrend!!

Hi Saint,

Can you please tell me the target for GTC industries?. My purchase price is 222 and now it is trading at 322.

Thanks,
Balaji.
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  #3275  
Old 11th May 2006, 01:11 PM
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Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by vizzie
Hi Saint !!

How does kernex micro look 2 ya?

cheers
vizzie
Hi Vizzie,

Wait and watch for now.Only once we get a close over 300 would this one attract our attention.Till then,don't bother abt it.Once we get a close over 300,then another matter.

Saint
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  #3276  
Old 11th May 2006, 01:15 PM
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Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by pnbalaji
Hi Saint,

Can you please tell me the target for GTC industries?. My purchase price is 222 and now it is trading at 322.

Thanks,
Balaji.
Well done Balaji.........once again,same advice,do nothing except raise your stop loss to 255.Great trade,great gains,this trade is definite profit.......now comes the hard part,....to prevent the mind from counting gains and getting afraid of losing the gains and exitting immediately.

No reason to exit so far.HOLD it.

Saint
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  #3277  
Old 11th May 2006, 03:02 PM
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Default Re: New Intermed Uptrend!!

Hello Saint,
Plz give me your valuable comments on this stock.
Polyplex corporation ltd
I bought 300 shares @ 151 for medium term
Thanks in advance,
Regards,
Avanish
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  #3278  
Old 11th May 2006, 03:04 PM
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Default Re: New Intermed Uptrend!!

Hi Saint,

Can you please advise on Reliance Industries? Today it came down heavily, so I am worried about it. Still will it come down further or consolidate here?

Srini - London
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  #3279  
Old 11th May 2006, 03:14 PM
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Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by Saint
Well done Balaji.........once again,same advice,do nothing except raise your stop loss to 255.Great trade,great gains,this trade is definite profit.......now comes the hard part,....to prevent the mind from counting gains and getting afraid of losing the gains and exitting immediately.

No reason to exit so far.HOLD it.

Saint
Thanks Saint.

Balaji.
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  #3280  
Old 11th May 2006, 03:22 PM
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Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by srinivasud
Hi Saint,

Can you please advise on Reliance Industries? Today it came down heavily, so I am worried about it. Still will it come down further or consolidate here?

Srini - London
Hi Srini,

Thought you were holding this long term.......if so,this correction is nothing.No way to say for sure that it will consolidate or move down further.My guess is that we'll see lower prices,but a guess is just that,a guess.For short term players,guess their stops would have triggerred today.For medium to long,yet to trigger stops and still in.

Long term perspective,still looks great.......but as I said yesterday,can you go through much lower prices and hold on for higher prices in the future.Basically depends on your personality....

For now,medium to long term,it's still a HOLD.

Saint
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