Some Good Steals...

bceianonline · #**3231** 16th March 2006, 12:27 PM

Quote:

Originally Posted by AMITBE

Hi BOL, nice entry on Nalco, but for now it seems to be dealing with a southwards pressure. Being in still, you may want to see how 260 holds out. If it dips there with a bounce back, wait to see what happens at 275-280 on the rebound. If there is strong resistance here, you could consider pulling out or take some off. But if 260 or even 255 area appears like being breached, you may want to pull out.
Regards.

Hi Amit, thats really a nice piece of advice. Thanks a lot. Somewhere target of 350 was thought of but don't now how long will it take!

thanks,
bol

hvram · #**3232** 16th March 2006, 12:28 PM

Hi Amit
I have been following Super Spinning Mills. It seems to be on a downward climb from the 390 and is currently at 369 . Do u still think this is a buy on declines ?

mail2joshi · #**3233** 16th March 2006, 01:03 PM

Hi Amit,
Today I got trapped into sudden movement in RCAPVL @29.5 and RENVL@49.
One time I was very happy with the upper circuit in RCAPVL but now both are trading quite low as compare to my entry.

Please advice me.

Thanks
sjoshi

AMITBE · #**3234** 16th March 2006, 01:48 PM

Quote:

Originally Posted by mail2joshi

Hi Amit,
Today I got trapped into sudden movement in RCAPVL @29.5 and RENVL@49.
One time I was very happy with the upper circuit in RCAPVL but now both are trading quite low as compare to my entry.

Please advice me.

Thanks
sjoshi

Hi Joshi...sorry to know that, but these are new listings so technical levels are not available. On fundamentals you may escape much pain provided the market holds out. In any case these are strong counters so no panic.

The only advice I can give again and again and again is, please, please do not chase fast climbing scrips. If you fancy them, track for pullbacks/consolidations.

See what happens now, but basically you should be ok.
Good luck!

mkshekar · #**3235** 16th March 2006, 02:04 PM

Hi amitbe. i have shorted strides arcolab at 341.would apreciate your views. thankyou.

mail2joshi · #**3236** 16th March 2006, 02:25 PM

Quote:

Originally Posted by AMITBE

Hi Joshi...sorry to know that, but these are new listings so technical levels are not available. On fundamentals you may escape much pain provided the market holds out. In any case these are strong counters so no panic.

The only advice I can give again and again and again is, please, please do not chase fast climbing scrips. If you fancy them, track for pullbacks/consolidations.

See what happens now, but basically you should be ok.
Good luck!

Hi Amit,
Thanks a lot.
for RENVL, I have put s/l to 43 and for RCAPVL 23, otherwise I am holding. These are my personal limits and nothing to do with fundamentals/technicals.

Also I want your advice on UBI, Please let me know hows is this,
My entry was@113.

Regrads
sjoshi

AMITBE · #**3237** 16th March 2006, 02:26 PM

Quote:

Originally Posted by mkshekar

Hi amitbe. i have shorted strides arcolab at 341.would apreciate your views. thankyou.

Hi mkshekar, from the data I have, supports are quite likely to be at 336-331-326. A close below 338-340 may render it weak in the short term.
Above 346 would be s/l.
All the best.

ganeshhity · #**3238** 16th March 2006, 02:42 PM

Dear Amitda,

Ranbaxy further fell to 403 today....does this make it a good buy now... Or should I buy RENVL and RCAPVL at dips...

ganeshhity

jntrade · #**3239** 16th March 2006, 03:07 PM

Hi Amit,
can you tell me how these scrips tecnically look?
Shyam telecom,Shree Renuka sugars
thanks

ganeshhity · #**3240** 16th March 2006, 04:57 PM

Hi amitda,

Another counter to watch is Ginni Filament....Just have a look at the ups and downs graph from novemeber....I believe, we can wait and watch this one and purchase if it now consolidates....it was stable at 20 from quite some time...amitda, expert comments solicited....one more thing, I've been watching this from quite sometime now, though the market is moving forward, many of the scrips are not showing positive move that way...only the big dads are moving.....amazingly the ones that show positive movements are the ones that I've sold and the motionless are the ones that I hold back....pooooof !!!!!!

ganeshhity

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