Some Good Steals...

mkshekar · #**1691** 5th October 2005, 07:27 AM

Hi amitbe would you let me know your views on the present condition of the following stocks. Century textiles, divis labs, colgate & sci. i am planning to enter some of these. your reply is needed. thankyou.

mail2joshi · #**1692** 5th October 2005, 09:30 AM

Quote:

Originally Posted by AMITBE

Hi Joshi...All I can say is for now your best bet would be wait and see if it will fall further, which would put you in profit.
If it seems to be making a smart recovery, you may want to buy back 400 shares again for squaring off.
There is a faint, a very faint suggestion of levelling out at the current level, so watch close.
Do track and update later.
Good luck, hope it will work out.

Hi Amit,
I let the share for auction.Auction date was monday and price on monday was 12.8 and yesderday it was 13.26

I sold 400 shares of GLFL by mistake @15.5, so in this situation am I getting some benefits or I have to watch 2-3 days after the auction.

Thanks a lot for guiding me on the very first move.

Regards
sjoshi

AMITBE · #**1693** 5th October 2005, 09:54 AM

Quote:

Originally Posted by naga2054

Hi AMIT... how does TajGVK and Voltas look to u ? Please advice Nagzu

Hi Nagzu...been busy lately?
TajGVK I remember is going in for stock split the details of which I don't know. Perhaps that's driving the counter for now. It's quite high to enter, I would say,and there should be some correction coming anytime soon. I'd keep out of the market for now.
Voltas too has run up very high since called here at 245. The climb to 490 off the highest has taken barely three months, with hardly a break. Too high for my comfort, but after a pullback perhaps. May not have a lot of juice left looking at the risk factor.
Thanks.

AMITBE · #**1694** 5th October 2005, 10:14 AM

Quote:

Originally Posted by karthikmarar

Unichem Lab ....that was blockbuster breakout....Amit that one was a Bullseye....sharp shooter..

Hey Karthik...thanks very much.
You've got some good ones too!
The other two still seem ok...but later perhaps.
Cheers.

AMITBE · #**1695** 5th October 2005, 10:23 AM

Quote:

Originally Posted by mail2joshi

Hi Amit,
I let the share for auction.Auction date was monday and price on monday was 12.8 and yesderday it was 13.26
I sold 400 shares of GLFL by mistake @15.5, so in this situation am I getting some benefits or I have to watch 2-3 days after the auction.
Thanks a lot for guiding me on the very first move. Regards sjoshi

Hi Joshi...I remember this from a few days ago.
Do check with the broker and confirm that the shares were sold and at what price. The difference of buying price (if it is less than 15.50) and 15.50 would be your profit, minus the commission, taxes etc.
Hope it works in your favour.

AMITBE · #**1696** 5th October 2005, 11:27 AM

Quote:

Originally Posted by mkshekar

Hi amitbe would you let me know your views on the present condition of the following stocks. Century textiles, divis labs, colgate & sci. i am planning to enter some of these. your reply is needed. thankyou.

Hi mkshekar,
These are all good counters, and like most anything else in the market, are quite high.
CenTex is in a strong trend now after a period of consolidation. 335-345 are important supports, and should there be correction in the market, watch for these levels. If these levels hold then an entry could be considered at a bounce from here. If you held this in the mid to long term you'd get best returns.
Divis is at an important level right now...1630, and if this breaks strongly, 1600 and 1580 ae supports. I would wait and see.
Colgate has consolidated and is fighting to clear 262. Should it falter again, supports are at 249-255. Check for these. But if it breaks out at 363 with volume, it'll cover ground steadily.
Shipping Corp at 164 seems firm and may breakout, yet has much congestion overhead. In a strong breakout a scrip can wade through a lot of this, but wait a bit and watch...and do update on this.
It's not going to be easy giving confirmation on moving counters. They can move up, and yet slip too at any correction.
Thanks.

madhura · #**1697** 5th October 2005, 11:39 AM

Hey Amit,
Aftek flying at 132!!!
India cements still lingering around 111-113? I hope it touches 115 level soon

Thanks
Madhura

AMITBE · #**1698** 5th October 2005, 11:48 AM

Quote:

Originally Posted by madhura

Hey Amit,
Aftek flying at 132!!!
India cements still lingering around 111-113? I hope it touches 115 level soon

Thanks
Madhura

Hi Madhura...a little after your post yesterday I had mentioned that India Cements has a fight at 112-113-115-118, and clearing these will pick up pace. It was a much better buy at 102 recently. Anyways, hold and watch.
Aftek will do very well.
Cheers.

adilsaleem · #**1699** 5th October 2005, 11:55 AM

Hi All
I have been in and out of the market from the past 6 years. I have thought of making a come back after my good run in commodities. Do u think i am too late ?
Amit , its really nice reading your posts .... also suggest me some good penny stocks.
Thank you

tusharc · #**1700** 5th October 2005, 11:57 AM

Hi Saint, Amitb, Ravi,,

Can you please give me some advice on my portfolio..

I made some losses and some profits, even markets were up yesterday but due to my penny stocks i was having a loss..

I would like to restructure my portfolio, i like you guys to have your valuable comments..

Mphasis 200@ 244
Teledata 550@ 29
Marson 5000 @ 7
SYSCHEM INDIA 2000 @ 6
Vishal Exports 2500 @ 9

Please advice me, as you can see most of my counters are in loss

Tushar

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