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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 saint Hi Phoenix, ARVIND MILLS looks good to break out to new ...


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  #421  
Old 29th August 2005, 03:31 PM
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Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by saint
Hi Phoenix,
ARVIND MILLS looks good to break out to new recent highs but may get stuck around the 150 levels.It has resistance at these levels from '95,'96 and '97 highs.So not much reward in this one unless strong vol comes in and blasts it through all resistance.

But have a look at ALOK INDS ......nice weekly and monthly.Breakout in last part of 2004 then a nice pullback but held the 58 levels.Buy over 79 with a stop at 60,with an initial taget of 120.

Happy Trading!!
Saint
Thx Saint............ PRISM had s strong day today.Up 7%. Great goin,pal...keep em coming!
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  #422  
Old 29th August 2005, 04:09 PM
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Default Re: New Intermed Uptrend!!

Saint,
MAARS --should we take profits yet?

thx in advance
Avinash
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  #423  
Old 29th August 2005, 05:08 PM
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Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by avinash
Saint,
MAARS --should we take profits yet?

thx in advance
Avinash
Hi Avinash,
I love the way MAARS is shaping out.....it still looks good,am in with sizeable amount but will start to exit around the 8.5-9 mark.Was meant as a short term trade only.For now,raise stop loss to 6.1(Breakeven).....so whatever happens,we are not losing on this trade!

Saint
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  #424  
Old 29th August 2005, 09:11 PM
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Default Re: New Intermed Uptrend!!

Hi Saint,
Am i imaging things or is it a ascending triangle in Tata Elxsi? Pls. post
thanx
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  #425  
Old 29th August 2005, 11:37 PM
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Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by saint
Hi Phoenix,
ARVIND MILLS looks good to break out to new recent highs but may get stuck around the 150 levels.It has resistance at these levels from '95,'96 and '97 highs.So not much reward in this one unless strong vol comes in and blasts it through all resistance.

But have a look at ALOK INDS ......nice weekly and monthly.Breakout in last part of 2004 then a nice pullback but held the 58 levels.Buy over 79 with a stop at 60,with an initial taget of 120.

Happy Trading!!
Saint
hi saint,
got into ALOK at 80.1
hopefully my entry is right this time.
regards
ragh_ash
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  #426  
Old 30th August 2005, 01:04 AM
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Default Re: New Intermed Uptrend!!

Hi Saint

Based on your post no.73 on this tread I have created an Metstock Expert for Pivot Analysis. I have posted it in the Metstock section. Please do have a look when you get time. I would like to have your valuable comments on this.

Thanks and regards

karthik
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  #427  
Old 30th August 2005, 09:48 AM
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Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by karthikmarar
Hi Saint

Based on your post no.73 on this tread I have created an Metstock Expert for Pivot Analysis. I have posted it in the Metstock section. Please do have a look when you get time. I would like to have your valuable comments on this.

Thanks and regards

karthik
Hi Karthik,
Shall have a look at a later time.......shall keep u posted!

Saint
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  #428  
Old 30th August 2005, 09:55 AM
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Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by SSM
Hi Saint,
Am i imaging things or is it a ascending triangle in Tata Elxsi? Pls. post
thanx
Hi SSM,
nope.....you're not imagining.An asc triangle it is,my friend

Saint
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  #429  
Old 30th August 2005, 11:09 AM
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Default Re: New Intermed Uptrend!!

Quote:
Originally Posted by saint
Hi Sharv,
I don't know about the fundamentals of the company,but technically this one looks awesome.....a higher pivot low and sideways for last few months.A breakout over 21.5 looks a neat entry with a stop loss of 17.8.....nice one,Sharv!!

Saint
Hope you are in this one,Sharv!Nice find...
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  #430  
Old 30th August 2005, 01:21 PM
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Default Re: New Intermed Uptrend!!

Nice move in Jaiprakash Assoc today.Currently at 320...... Up 14%
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