New Intermed Uptrend!!

[Saint]

Iam a member for long but rarely posted earlier, now i want to be more regular. I havebeen trackin Narmada Chematur Posted strong Q4FY05 numbers of annualized EPS Rs. 15 can anybody enlighten on the technical build up and entry exit points medium term thanks

Hi SSM,
Narmada Chematur is still in a strong primary uptrend,now in pullback mode.If you are in it,great......if you are planning to get in,let it give us a signal to get in.At present lower pivot highs and lows......for now track for possible entry once clear buysignal is there!!

All the best!
Saint

 

[Saint]

Hi saint
bought 750 tata tele @26.50 what are the prospects.i can hold it for 3-4 months

Regards
AMAN

Hi Aman,
Am in Tata Teleservices myself but from 29.6,nice entry Aman....Charts wise,still looks good if this area holds up.....Ist target where I take something off the table would be the 35-36 area.

Happy Trading!!
Saint

 

[roneeth]

Hello Saint!

Could you please give your feedback ,Escorts is down.....at 102.I had entered at 105.

(Escorts Q4 net loss at Rs 57.4cr)Sould i exit.

Thanks

Roneeth

 

[ssnkumar]

Hi Saint,

As you know, there is lot of confusion regarding the FREE shares that will be alloted to the investors of RIL.
Nobody seems to be clear on this. Everybody is talking about people owning 100 shares of RIL!
But, what about people owning only 1 share of RIL or 5 shares of RIL!?

And will the price of RIL increase or decrease after the allotment of FREE shares?
When will the shareholders of RIL get the free shares alloted?

Please do throw more light on this matter.

Regards,
Narendra

 

[SSM]

Hi saint
Thanx. It will help if you can also give medium term targets. Also 38 seems a strong support and if it breaks 35 shud hold dividend yield is@ 4%

 

[Saint]

Hi saint
Thanx. It will help if you can also give medium term targets. Also 38 seems a strong support and if it breaks 35 shud hold dividend yield is@ 4%

Hi SSM,
Med term target is around 48......but this is still in a intermediate downtrend for now.So track carefully for a neat entry .....All the best!

Happy Trading!!
Saint

 

[Saint]

Hello Saint!

Could you please give your feedback ,Escorts is down.....at 102.I had entered at 105.

(Escorts Q4 net loss at Rs 57.4cr)Sould i exit.

Thanks

Roneeth

Hi Roneeth,
Don't like gap downs too much especially after a nice uptrend.Only time will tell if this is a breakdown gap that initiates a long term downtrend.....the question now is can you take it falling Rs15-20 from here.Personally ,would put a stop loss at 98 and get out if that crosses.

Saint

 

[Saint]

Hi Saint,

As you know, there is lot of confusion regarding the FREE shares that will be alloted to the investors of RIL.
Nobody seems to be clear on this. Everybody is talking about people owning 100 shares of RIL!
But, what about people owning only 1 share of RIL or 5 shares of RIL!?

And will the price of RIL increase or decrease after the allotment of FREE shares?
When will the shareholders of RIL get the free shares alloted?

Please do throw more light on this matter.

Regards,
Narendra

Hi Narendra,
At present have no idea.......Shall try to find out.

Saint

 

[roneeth]

Hello Saint!

Thanks for your prompt response.

Regards

Roneeth

 

[Saint]

Just a few updates:

ABB --Raise SL ti 1460
DIVIS LABS--stopped.Profits of 12%
INDRAPR GAS --Raise SL to 104
JINDAL STEEL --Raise SL to 971
PRISM CEM --Keep SL at BE.
AVENTIS PHARM --Keep SL at BE.
NTPC --Raise SL to 92.5
PETRONET LNG --Keep SL at BE.
NOIDA TOLL BRIDGE --stopped.No gain,no loss.
UTI BANK ----stopped.Profit of 7%
TATA TEL --Keep SL at 28.5
ANDHRA BANK --stopped.Profit of 4%.
ANDHRASUGARS -- Raise SL to 147.....we are in profit territory
AMTEK AUTO --Raise SL to 218,same as above.
JAIPRAKASH ASSOC ---Raise SL to 230,we are in profit territory.
IVRCL --Raise SL to 613... in profit territory
MAHINDRA GESCO --Raise SL to 177,same,also in profit territory
UNION BANK --Raise SL to 115...same as abo
SESA GOA --Raise SL to 690,in profit territory
TISCO --stopped. .Profit of 8%
RUCHI SOYA INDS --Keep SL at 264
BEML --Keep SL at 580.
B O RAJ --Keep SL at 52.5
GUJ NRE COKE --Raise SL to 119
POLYPLEX --Keep SL at 187
FLEXTR SOFTWARE --Keep SL at 584
SRF --Keep SL at 257
TITAN --Keep SL at 478
GAMMON --Keep SL at262.
ISPAT INDS --Keep SL at19.3

Happy Trading!
Saint