Some Good Steals...

AMITBE · #**691** 1st September 2005, 11:03 PM

Quote:

Originally Posted by game4trade

Hi Amit, Whats your call on Balrampur Chinni and Virinchi Tech? Entered Balrampur @ 90

and Virinchi Tech @ 67. Awaiting your response. Thanks.

Hi game4trade...sorry I missed this yesterday. I understand why you're mad. The story in Balrampur I believe is not over yet. It's just about at a support today at 87 off and appears to be coiling up for an upside again. At times these supports and resistance levels don't work, as a bullish scrip can suddenly turn direction. Hang in there if you can, and will take home some profits on this in the near term.
Some positive divergence seen in Virinchi too, and in the short term it's likely to commence the up-trend again.
Thanks.

alokdaga · #**692** 1st September 2005, 11:14 PM

Quote:

Originally Posted by AMITBE

Hi Alok, I find it difficult to comment on scrips that have been on the run in this market. You throw a stone, and it's likely to hit several zooming scrips all at once.
Synergy too has come up without a drop from 18 to 26.70 over the week. Who can tell where it's heading...further up, or about to pull back? It looks over bought to me, just like so many stocks flying around.
Really it's a chance either way. Perhaps wait for a pull back and take it from there?
Sorry, but that's all I can say at this point.
Regards.

I agree with you

Thanks

Alok

ncdx · #**693** 1st September 2005, 11:28 PM

Hi Amit...
I have made some money from commodity market

.. now looking to enter into equity market. you have ealiear suggested buy Bharti tele. I am also interested in it. @ what level should i enter this stock for abt 1 year period. or can u pls suggest me any other bluchip stock that can give good returns over one year period

Thanks ......

AMITBE · #**694** 1st September 2005, 11:48 PM

Quote:

Originally Posted by nilotpalbcet

Hi Amit, I bought century textile @343.4 and IFCI for 17.35.Please tell me if I should book loss or keep holding.
If I need to keep then by when it might rise to the
level in which I bought them

Hi nilotpalbcet...coming back to this again...IFCI has stayed its ground today. It's possible some news may be on its way some time soon. Hold on to it...should take some profits soon.
With Century, today's high at 118 is what it needs to cross to get back the momentum. It was doing well till the news of the Birla settlement stumped its progress where it shot up intrady to 377 and fell there after. After a retacement it should be coming back in, but how long to your entry is difficult to say. You may want to just leave it in your portfolio and over the next couple of monts you may be looking at gains on it. I'm holding it too, but from much lower levels.
Regarrds.

talktoa · #**695** 1st September 2005, 11:51 PM

hi amit...
can you advise me on Poddar Pigments. I bought it@24 & today it hit upper circuit (20%). Should I wait or sell off. What is your short term perspective.

naga2054 · #**696** 1st September 2005, 11:51 PM

hey amit..
pls. look at Strides arcolab.. seems interesting and ready for another upmove.. ne comments..?

Nagzu

talktoa · #**697** 1st September 2005, 11:54 PM

hi Amit
can u advise me on Poddar pigments & Shrachi Securities
I have bought poddar @24 & Shrachi Securities @54.20
Can you give me your perspective on these.
I am yet banking on Sujana Industries to give me about 55 as you said. Do I continue with this target in mind or any changes of targets.
Thanks in advance for all your advises so far

AMITBE · #**698** 2nd September 2005, 12:01 AM

Quote:

Originally Posted by ncdx

Hi Amit...
I have made some money from commodity market

.. now looking to enter into equity market. you have ealiear suggested buy Bharti tele. I am also interested in it. @ what level should i enter this stock for abt 1 year period. or can u pls suggest me any other bluchip stock that can give good returns over one year period

Thanks ......

Hi ncdx...Yes, Bharti has ways to go yet. In for the long term, take it when you like as there is not a lot of downside to it. Should the correction they still talk about come, you may be able to pick it a few Rupees less. But it may gain in the next few days too. Daily there is a push to the up, but not ready for a spurt in this consolidation yet. As a sector, there are no concerns with mounting crude prices, nor rain or the lack of it. Just competition, and it's right up there expanding.
If you go back a few pages in my thread, I had recently listed a number of scrips quickly. There will be many more, but a good place to start. If you like something, I'd be happy to give feedback.
IDFC is another scrip that would make a very good investment.
Regards.

AMITBE · #**699** 2nd September 2005, 12:10 AM

Quote:

Originally Posted by naga2054

hey amit..
pls. look at Strides arcolab.. seems interesting and ready for another upmove.. ne comments..?

Nagzu

Good one, Nagzu...I would take it passing 115 with volume. It should do very well.
Regards.

karthikmarar · #**700** 2nd September 2005, 12:19 AM

Quote:

Originally Posted by AMITBE

Good one, Nagzu...I would take it passing 115 with volume. It should do very well.
Regards.

Dear Amit

Sorry... I am confused

Did you mean 315... because strides is quoting at 299...
Also the current volume is average only. It will stiff resistance between 310 and 318...I dont see any good upmove as of now..(pardon my ignorance)

Can you please throw some light...

regards

karthik

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