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| Discuss Some Good Steals... at the Swing Trading Stocks within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hello Amit, Cummins had a gap down opening today,price behaviour is very erratic. If possible ... |
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#2291
21st December 2005, 02:53 PM
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Re: Some Good Steals...
Hello Amit,
Cummins had a gap down opening today,price behaviour is very erratic. If possible Could you please throw some light on this.Entered at 157. Regards Roneeth 
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#2292
21st December 2005, 03:53 PM
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Re: Some Good Steals...
Quote:
Cummins is the kind of stock one has to hold. It's not a trading space. It's one of the top companies in it's segment with a great blood-line. The profitablity is excellent. Yes, it does tend to be erratic and rather slow, but it's day will come soon enough. We are only a short time away from the next round of results and you should get a good price on it. Almost six months ago I had put a call on it at 128 I believe. After a long wait it had moved up to 162. Then it went up sharp a few weeks ago from 232 where it had fallen to in the pre Diwali fall, to 171 high. This is a correction to that steep climb, and the price action the last three sessions has been on depressed volumes. There is no cause for concern. I had bought in again in the pre Diwali fall and now waiting to exit in the new year. It needs to close firmly above 170 and hold there for a rally to 185 first. Twice in recent times it has closed at 171 overnight but couldn't hold. Hope this helps and do get back with any queries when you like. Regards.
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#2293
21st December 2005, 04:39 PM
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Re: Some Good Steals...
Hi Amit,
Can U please provide some info. on Sterling Tools curr. at 160 (530759) and prithvi info media curr. at 334/- (532675)
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#2294
21st December 2005, 04:59 PM
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Re: Some Good Steals...
Hello Amit,
Thanks a lot for clarifying my query.I am an ardent follower of your posts at Nifty Fifty,Thanks for the same.The charts you posts are very helpful they help us to understand Nifty s movements.Will definitely get back to you with my queries.As you had foreseen Elecon Eng crossed 900,now back at 850. Thanks and Regards Roneeth
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#2295
21st December 2005, 06:28 PM
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Re: Some Good Steals...
Hi AmitDa
Hope ur doing fine.. long since wrote 2 u directly.. Been going through ur posts all this while... as always very informative.. best wishes.. cheers  vizzie Quote:
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#2296
22nd December 2005, 12:47 AM
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Re: Some Good Steals...
Quote:
It seems since I've gone passive on this thread, I've lost touch with many of my friends here, what? Do keep in thouch more often. I'm at NIFTY FIFTY quite a lot these days. Cheers and take good care.
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#2297
22nd December 2005, 01:06 AM
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Re: Some Good Steals...
Quote:
On Elecon, 920 is a major resistance it may need to spend some time regrouping before that level is attempted again. Then 937-946-955-964 would be the immediate levels. 850-843-836-829 is the support band. The results coming on should be great as always though I've not looked into it for a while. Do keep me posted on its progress. Bye for now.
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#2298
22nd December 2005, 01:14 AM
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Re: Some Good Steals...
Quote:
Also, does Prithvi Info go by any other name? Couldn't see it in my BSE data here. Thanks.
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#2299
26th December 2005, 02:39 PM
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Re: Some Good Steals...
Hello Amit,
Would like to have your advice on , Varun Shipping at 74 cmp 63 support at 60 India Cemets at 100 ,i can see an support at 88.5....then deep 77.5?? Ador Fontech 107,Is it the Cup and handle forming in the weekly as well as daily? had taken for mid to long term,if time permits could you please post your views. Thanks and Regards Roneeth Last edited by roneeth; 26th December 2005 at 07:19 PM.
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#2300
26th December 2005, 08:12 PM
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Re: Some Good Steals...
Hi Roneeth!
I am unable to see cup and handle in Ador Fontech as pullback is quite large.
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