Some Good Steals...

vizzie · #**1571** 29th September 2005, 01:18 AM

Hi Amitda

Gammon. Not for now. Will see if it cools down a bit more tommorrow.
Had some routine quizzes in my MBA at XL.
Thanks so much for ur wishes.
Amitda, what software do u use 4 ur charting. Plus any online info or tutorial u hv do send it across 2 me.
As I go along, I shall keep shooting the questions 2 ya.

thx again

cheers

Quote:

Originally Posted by AMITBE

Hi Vizzie...I'd be very happy to assist you with any doubt or query on technical analysis...that is, only if I'm myself clear on it. Shoot questions when you have the time.
Did you get in on Gammon finally? It did cool off in the late session today.
What exams have you been busy with?
Good luck with the exams!
Cheers.

AMITBE · #**1572** 29th September 2005, 01:29 AM

Quote:

Originally Posted by aman1973

Hi amit
can you please comment on nepc
its been nose diving since last crash
what are the future prospects of the compoany
regards
aMAn

Hi aMAn...been a while since saw you last..
Not too clear on the fundamentals here, but yes, it's certainly been slipping from the recent high at 59.
You have not mentioned if you're in and from where. At 44.50 tonight it's at a crucial support. Below here is 42, then 39-41, and finally 34-35-38 are all supports. Hopefully it will pull up here somewhere. To the up 48-49 are resistances, and above this is 59 again.
Do let me know where you came in.
Best wishes.

aman1973 · #**1573** 29th September 2005, 07:43 AM

Dear Amit
Thanks for the prompt reply
I was pondering over the idea of entering in this scrip.
Not yet in.
Your advice is solicited before i will make an entery
regards
aMAN

AMITBE · #**1574** 29th September 2005, 09:58 AM

Quote:

Originally Posted by vizzie

Hi Amitda
Gammon. Not for now. Will see if it cools down a bit more tommorrow.
Had some routine quizzes in my MBA at XL.
Thanks so much for ur wishes.
Amitda, what software do u use 4 ur charting. Plus any online info or tutorial u hv do send it across 2 me.
As I go along, I shall keep shooting the questions 2 ya.
thx again cheers

Hi vizzie...no software as yet.
I use BSE and NSE when I need to look at charts.
Will suggest some publications later.
Thanks.

anilsharjah · #**1575** 29th September 2005, 10:11 AM

Good Morning Amit ,

Now time is 8.40 Am . Please is it good enter Jindal Stainless Ltd ( CMP 147. 60 ) at this stage for short or medium term

What about my yesterday query . Please ………

Anil Sharjah

AMITBE · #**1576** 29th September 2005, 10:27 AM

Quote:

Originally Posted by anilsharjah

Good Morning Amit , Now time is 8.40 Am . Please is it good enter Jindal Stainless Ltd ( CMP 147. 60 ) at this stage for short or medium term
What about my yesterday query . Please ………Anil Sharjah

Morning Anil...terribly sorry...the net has been very bad this morning. Please give me till the break coming up at 11.30.
And will you please repost the query from yesterday?
I'm sneaking this in quickly before before I lose the connection again
Thanks.

kkrish68 · #**1577** 29th September 2005, 10:38 AM

Quote:

Originally Posted by AMITBE

Hi Kishore...I'm well, thanks for asking. How have you been?
I personally look at entry and exits on the basis of tecnical assessment alone of a counter. From this, Bank of Rajasthan may be in a support zone and a sharp downside would appear unlikely, it has not generated a buy signal for me yet. At 55 it is at a level where it has found beating 57-59-62-65 quite difficult. This is the kind of density it has to deal with first, and then 70-72 also. I had written here last night that I prefer to go in on counters that have a decent upside without any immediate sticky levels to the up. A buy in this counter for me would come at a close above at least 65 with momentum and volume.
I'm not too sure about a short term entry as you have suggested, but in the medium term, perhaps yes.
On Yesbank...yes, at 68.65 the momentum seems fine, but it is about to wade into some dense territory in the 69-73 zone. Should the momentum remain, there is a chance that over the next few sessions it may test the higher band of this area, and as it has flaundered here in the recent past, I would be cautious if entered at the cmp or thereabouts. However once in the 73 off area, 71 would give some support in the short run. This would also be my s/l then to take home a couple of bucks. If it breaks past 73-74, sit back and enjoy, keeping a trailing stop.
It would be interesting if you discussed your analysis in some detail when you see certain moves coming on, as mentioned in your query. We could have a nice discussion then.
Regards.

Dear Amit

My primary consideration around BoR was
1. Risk of correction is minimal
2. Good fundamentals
3. Comparitively low RSI/MFI
4. Intertia indicators above 50 and trending upwards.

I agree that this might have resistance all the way back up to 75 but in this market my main concern is around getting in with minimal risk of correction.

On Yes Bank, as always your thoughts are correct. It is currently trading just inches below its MACD and with sustained volume for the next couple of sessions will indicate a clear upward trend.

Another factor in Yes bank was the Fibonacci timezone indicators say we could be close to a major movement either ways.

Thank you for your feedback. Will add a little more meat into my threads.

Best regards
Kishore

mail2joshi · #**1578** 29th September 2005, 11:25 AM

Hi Amit,
India Infoline is now trading @152, and it already crossed 200 in last 2 weeks,
can I enter into this and if yes any target for short and long term

Regards
sjoshi

AMITBE · #**1579** 29th September 2005, 11:37 AM

Quote:

Originally Posted by anilsharjah

Hello Amit,
What is your opinion about AMAR Remedies , CEAT & UCO BANK ?
So, is it good for long term?
Regards,
Anil Sharjah

Hi Anil...found the query...sorry missed it last night.
Amar Rem...at 62 looks like a breakout under way here and a tad below the 65-67 levels wich it must clear for the rally. The volume is coming in big and a decent chance for a breakout. Be cautious at the levels mentioned above.
CEAT, the main reason is poor performance in the last year, and the reason the counter has been perking up is the forthcoming rights issue. This not a tecnical bounce. As a speculative buy perhaps, but not on the data.
UCO...I would not reccomend till it takes out 35 convincingly.
Jindal....is coming in well today, and past 154, a move to 160 is likely. There is a resistance at 164, and past this a clear run. Watch for 154 and 164.
On which of these are good in the long term.
Perhaps CEAT if the company pulls it's act together.
Jindal should be the winner in your pack.
Amar Rem is a new listing and I'm not aware of it's fundaments. You may want to look into it.
Thanks.

madhura · #**1580** 29th September 2005, 11:40 AM

My primary consideration around BoR was
1. Risk of correction is minimal
2. Good fundamentals
3. Comparitively low RSI/MFI
4. Intertia indicators above 50 and trending upwards.

I agree that this might have resistance all the way back up to 75 but in this market my main concern is around getting in with minimal risk of correction.

On Yes Bank, as always your thoughts are correct. It is currently trading just inches below its MACD and with sustained volume for the next couple of sessions will indicate a clear upward trend.

Another factor in Yes bank was the Fibonacci timezone indicators say we could be close to a major movement either ways.

Thank you for your feedback. Will add a little more meat into my threads.

Best regards
Kishore[/quote]

Hi Kishore!

I am learner and want to gain some more knowledge on technical terms:
If posssible can u elaborate more on
1. RSI/MFI
2. Intertia indicators
3.Fibonacci timezone
4.MACD

this can help our community of traderji grow strong technically!

Thanks
Madhura

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