Some Good Steals...

AMITBE · #**181** 10th August 2005, 12:41 AM

Hi all,
Chances like Voltas and Aftek don’t come every day and I hope some of the members made it to them.

For the first time since I called it at 118, GujNRECoke has closed above 130. From here it has one level to cross: 134. Past this, it will turn bullish for a rally to 140 and then to 150. Wait for it to cross 134 first. By this I mean a close above 134 and not an intraday crossing of it, unless it does so very clearly.

Should the market turn volatile and dips further over the next couple of days, try to keep cash on hand as there will be lots of good buys available. Will keep posted.

Hi roneeth, nice to see you here again. Both Arvind and Sonata are in short term correction it seems, though Arvind was making attempts to break past 133 today. The rally will commence past 133 once the market calms down as this happens to be one of the most volatile scrips I have seen.
I am also holding Sonata at higher levels. It has tested 34 recently and will get back once the money returns to the IT scrips. I'm happy you picked up Aftek.
I’m suggesting some levels for Escorts as it seems you are still holding. Has support at 98 then at 92. It made a nice move to 106 today and I wonder if you got off. A rally to 106 plus may yet materialise tomorrow so keep an eye.
Hi sharv…no, I don’t use Metastock or any other software. I build my own database daily and work with it mainly.

This much for now.

nn0023 · #**182** 10th August 2005, 02:15 AM

Dear Amitbe
I Don`t Have Any Knowledge For Reading Charts Or Calculating Pivot Pt. S1,s2,s3....... / P1,p2,p3........
Can Give Link Of Any Site From Where I Could Learn.

AMITBE · #**183** 10th August 2005, 09:47 AM

Quote:

Originally Posted by AMITBE

Hi all,
Chances like Voltas and Aftek don’t come every day and I hope some of the members made it to them.

For the first time since I called it at 118, GujNRECoke has closed above 130. From here it has one level to cross: 134. Past this, it will turn bullish for a rally to 140 and then to 150. Wait for it to cross 134 first. By this I mean a close above 134 and not an intraday crossing of it, unless it does so very clearly.

Should the market turn volatile and dips further over the next couple of days, try to keep cash on hand as there will be lots of good buys available. Will keep posted.

Hi roneeth, nice to see you here again. Both Arvind and Sonata are in short term correction it seems, though Arvind was making attempts to break past 133 today. The rally will commence past 133 once the market calms down as this happens to be one of the most volatile scrips I have seen.
I am also holding Sonata at higher levels. It has tested 34 recently and will get back once the money returns to the IT scrips. I'm happy you picked up Aftek.
I’m suggesting some levels for Escorts as it seems you are still holding. Has support at 98 then at 92. It made a nice move to 106 today and I wonder if you got off. A rally to 106 plus may yet materialise tomorrow so keep an eye.
Hi sharv…no, I don’t use Metastock or any other software. I build my own database daily and work with it mainly.

This much for now.

Hi nnoo23, do check under TOOLS & RESOURCES and get a couple of books. Will go a long way.

roneeth · #**184** 10th August 2005, 09:48 AM

Hello Amit!

Thanks for your Prompt response.I was happy to pick the Aftek Infosys at a good price great call ! Appreciate your input regarding Escort..... i will stalk it for an exit today.

Great thread..... keep going.

Happy Investing !

Roneeth

AMITBE · #**185** 10th August 2005, 10:29 AM

Quote:

Originally Posted by AMITBE

For the first time since I called it at 118, GujNRECoke has closed above 130. From here it has one level to cross: 134. Past this, it will turn bullish for a rally to 140 and then to 150. Wait for it to cross 134 first. By this I mean a close above 134 and not an intraday crossing of it, unless it does so very clearly.

Very good volume build up in GujNRECoke. Has tested 134.60 already. Keep watch.

amitkr · #**186** 10th August 2005, 11:14 AM

Thanks Amit....I entered Aftek too... Though a bit late I think.... 104
Thanks a lot

AMITBE · #**187** 10th August 2005, 11:58 AM

Quote:

Originally Posted by AMITBE

Very good volume build up in GujNRECoke. Has tested 134.60 already. Keep watch.

GujNRECoke flying on great volumes. High so far 138.70. Had called for 140 first.
Has resistance around here.

Gufic Bio is looking very good at current price of 33.40-33.70 for 36 near term.
Be cautious.

nanikolla · #**188** 10th August 2005, 12:17 PM

Hi AMITBE,
I am very new to this Shares.Could you suggest me any share in which i can invest ? What do you think about Sasken ipo ? Also could you suggest me any share which are in range 15-20 rupees ,because i want to invest for long term.

Thanks,
Venkat.

AMITBE · #**189** 10th August 2005, 12:21 PM

Shyam Tele after being range bound at 82-85 has given a break out on volume.
At 91 now.
Has resistance 92-95. Should be able to cross this in near term. First target 100 and past this a new run up.
Keep watch.

ssnkumar · #**190** 10th August 2005, 03:39 PM

Hi Amit,

I want some info about Vishal Exports.
They have announced 2:1 bonus and record date is 26th August.
Today it jumped by 10% to 22.2!!

But, I didn't see any message or discussion about this share in this forum!

Can you please tell me more about this company. How are its fundamentals? Is it worth for long term investment?

Please do tell your views.

Thanks,
Narendra

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