Some Good Steals...

Hi Madhura...
NRC really needs to close above 63 on volumes. I cannot give a target just yet, but it will do very well.
If you are a mid to long term invester, and interested in a good value pick, look at JPHYDRO at 30 off. This needs to close around 32, its IPO price to turn bullish.
How many Power scrips are going at this price? None.
Power is a prime sector in infrastruture growth. The rains have been great in the Himalayas, and by the next quarter, JPHYDRO should be in a great position.
Hope this helps.

Did anyone get on APTECHT?
Has touched 95.60 and now at 94.

Mphasis too is back in the ring touching 276. Needs to cross 280 for the rally to commence but being volatile. Target 295 first after 280 close.

I wish to express my deep apologies to those who bought Gammon and then exited at my advice.
It has just ripped past 295 and fallen back a tad.
The guilt comes from the fact that I'm holding still and watching to exit now.

Dear Amit,
I got APTECHT (89.90) ...Thanks a lot
And many Thanks for Aftek ... I exited on 129(entered on 104 yesterday)You are the man
Also entered NRC at 62.50..

Expecting more from you

.... Thanks

Hello Amit!

Aftek at 129.90...Amazing.......Great call.
Aptech Entered at 89....Small quantity due to limited funds. Good call....
Appreciate your efforts.....

Thanks
Happy Investing

Roneeth

AMIT Jee ,,
Thanks for all your valuable feedbacks .

I need your urgent advice for "BONGAIGAON REFINERY LTD" . My average purchase price is 93.20 and today it closed as 91.70 .
12th August is the Ex-Date . I mainly brought this for 6 Rs dividend .

Please advice if i should hold it or push it off .How it looks on the charts . You advice will help me a lot .
Regards
Vin

Hello Amitbe

Yes !!! I too got in aptecht at 91.05. But regretting getting out of aftek
Should I get in again ??
Karuna

Hi,
I have bought NRC at 62.50! Hope it works wonders!!! as always.......
Thanks for good tips........
Thanks
Madhura Limaye

Hi Amit,
I took the Aptech play.Thank you for your kind recommendation.Where should the target be?

Avinash

Amitbe

Midas call in Aftek Infosys. Any more Afteks?

Great Great call and great timing - two lethal combinations.

Regards and may the midas touch remain in tact.

Hi Kkz59 and other members,
Thanks for all the wonderful compliments.
As I wrote a couple of days ago, chances like Voltas and Aftek don’t come everyday. But then, one could also say the same of IndBulls, CenTextiles, Bharti, Hind Lever, and even Gammon.
(The Gammon story: It is one of the oldest civil construction companies in India, and in the top three in its field according to the July issue of Construction World, a trade journal. They were involved with building of Gateway Of India, Prince Of Wales Museum, Science College, and the Customs House, for some history.
Has a lot of real estate, which is the hot story currently. Bombay Dyeing is another example.
In the current quarter it has shown decreased sales but a higher PAT. So obviously there is financial restructuring here. Also, in the last one months there have been reports in the media of Gammon bagging contracts worth over a thousand crores. Road transport is the area of focus in the current plan, and Gammon will keep adding orders.
This is all going to be reflected in the results next quarter. For this reason it has continued the rally despite some bad media at the results just declared.
I’m sorry again for the members who sold at lower levels. Perhaps it was partly my own frustration.)
Above is what I wrote in the very first post of this thread.
Then again two sessions ago I wrote: '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.'
We know it covered 130 to 140 the next day.
Just putting things in perspective.

Onwards from here:
It seems some of the members got in on Aptecht and NRC. One would have to be patient with both.
Aptecht has had a rally to 100 plus levels and has been in a short term correction recently. It has been trying to cross 90 for several sessions and it did today to close 93.60. From here it needs to cross 96 (retracted from 95.60 today) for 100 in quick time. Tends to be volatile at profit booking and is sensitive to any flux in the indexes. Target is 110 first, past 100.
NRC is a part of G P Goenka Industries group involved in rayon yarn, caustic soda, nylon tyre cords etc. It is a turn around story after several years of difficulties, and beginning to show profits now.
On technical merits, as I had written during the day, the rally will come past 63-65 levels (retracted from 63.60 today}. A tad early to have entered, but will do. Volumes and accumulation have picked up too. First target is 75 past 65. Could be a little slow.
The other big ticket number in NRC is real estate: Has hundreds of acres of land in Bombay that may be up for sale in the near future. Should that happen, this may turn out to be a scrip to hold for 6-8 weeks. The benefits shall be great.

Hi vinsu, I’m not aware of the divident details on Bongaigaon and I don’t know when you bought it. It remains in a corrective phase as discussed in this thread a month ago. The upward move will come at a close above 95. How long this may take in not known. Watch it for some time. Some news from the Govt. on oil pricing is on the cards, and Bongai. is moving with the oil pack despite being a refinery.

I’m sorry I have missed out on some queries again and running short on time. Please put them up again later in the evening and over the weekend I promise to attend to all of them.
Thanks.