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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 judemit Hi Saint, Could you please tell me about SRF, Is it ...


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  #3721  
Old 5th December 2006, 08:54 PM
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Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by judemit View Post
Hi Saint,
Could you please tell me about SRF, Is it the right time to enter?. Recently it made a low of 208/- and currently trading at 214/-. I dont have any positions as of now.

Thanks,
Jude
Hi Jude,

Careful on this one if you are trying to play an intermed term trade.......weekly charts are still sideways to down.Needs more sideways grinding before things look different.I'd keep away.

Saint
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  #3722  
Old 5th December 2006, 08:59 PM
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Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by mahmeds2000 View Post
hi saint,
I want to know about ashok leyland is it buy or sell at CMP.

Ahmed
Hi Ahmed,

Looking good......nice pullback on the daily charts.So far lower pivot highs and lows.

Wait for now.....It's a Buy at 45.2 with a stop loss at 41.7.If it doesn't get to 45.2,don't anticipate and get in.

All the best!
Saint
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  #3723  
Old 6th December 2006, 08:12 AM
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Default Re: New Intermed Uptrend!!

Hi Saint,
Can u tell me is it the right time to pick these stocks.
ITC 190, 3IInfotec 181.85, GSPL 41.25 , Marksan 113.75, suniltec
112.25.
IF yes; Which stock is the would be a good pick at this time.
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  #3724  
Old 6th December 2006, 10:46 AM
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Default Re: New Intermed Uptrend!!

Saint,

Any good ones we can pick at the current levels?

Thanks,
Narendra
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  #3725  
Old 6th December 2006, 11:11 AM
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Default Re: New Intermed Uptrend!!

Suzlon stopped.Nice 200pt gain.Thx Saint!!

Jay Raj
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  #3726  
Old 6th December 2006, 06:25 PM
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Default Re: New Intermed Uptrend!!

Hi Saint....

I have deep regards in your advice. Can you please advise about the stock : BHUWALKA STEEL ????? I have bought it around Rs. 41.90. Aparently the company is showing very good performance.
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  #3727  
Old 6th December 2006, 06:43 PM
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Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by neel1002 View Post
Hi Saint....

I have deep regards in your advice. Can you please advise about the stock : BHUWALKA STEEL ????? I have bought it around Rs. 41.90. Aparently the company is showing very good performance.
Hi Neel,

Whether the performance of that company is good or not,you need to ask our more knowledgeable members who know these things........hardly any volumes in this one,since in it already,hold with stop loss of 36.But if you are of impatient nature,this stock may just try every last ounce of it.

Long term charts are all still in an uptrend.....so nothing else for now but a Hold with a SL of 36.

Saint
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  #3728  
Old 6th December 2006, 06:45 PM
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Default Re: New Intermed Uptrend!!

hi saint
few words abt SUNILHITEC, IOB and TECHM.
pl
regards
ps: long time no see, no hear nor read
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  #3729  
Old 6th December 2006, 07:25 PM
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Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by Navneet_Joshi123 View Post
Hi Saint,
Can u tell me is it the right time to pick these stocks.
ITC 190, 3IInfotec 181.85, GSPL 41.25 , Marksan 113.75, suniltec
112.25.
IF yes; Which stock is the would be a good pick at this time.
Hi Navneet,

MARKSANS :Stay clear.We are still in a weekly dntrend,with no sign of pick up as yet...........means we stay clear.Our job is to trade the markets,meaning we don't need to do anything intelligent like analysing ,predicting,etc.Our job is merely to assess if the markets are reversing,latch on,and then stay on.No signals here to get on,so stay out.

SUNIL HITECH : Daily put in a high volume wide range bar a few days back....weekly looking more and more like a higher pivot low thus far.Now our job is to watch how it behaves during this pullback.If we stabilise over here,great.Look to go long over 126,with the present pivot as stop.Therefore a strong watch for now.......don't anticipate an entry here because you are trying to get in at a discount of Rs15.Wait for now,enter on a breakout above 126.

3i INFO:Needs to do some more sideways grinding before it does anything.......Stay clear of it for now.Get in when things look more juicy,Not yet as of now.

ITC :Monthly and weekly charts looking great.......Once again,don't anticipate an entry here.Let it tell you that it is ready.Buy at 195 with a stop loss at 172.Again same advice.......don't anticipate an entry here.Nice one,Navneet.

All the best!
Happy Trading!
Saint
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  #3730  
Old 6th December 2006, 07:34 PM
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Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by ragh_ash View Post
hi saint
few words abt SUNILHITEC, IOB and TECHM.
pl
regards
ps: long time no see, no hear nor read
Hi Ragh_Ash,

Sorry about that,my friend.........

SUNIL HITECH :Just have a look at the post above.

IOB :still in higher pivot highs and lows territory.A hold if you are in it already.Stops at 109.

TECHM :Not much of data to go by.........but like the above still making higher pivot highs and lows on the daily.Looking great.If in,is a HOLD.Stops at 1080.

All the best!

Happy Trading!
Saint
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