New Intermed Uptrend!!

[caprice]

Hello Saint

A query.. Holding VIP 100 shares.. @ 10/- pray tell.. Hold or sell.. 158.95 today..

DIL HAI KE MANTA NAHIN..

Regards

Nishant

 

[Saint]

Hi Saint

It me again...to haunt you...

Is BILT breaking out of consolidation?.....Good volume and broke the resistance at 125...

If you have time also look at ESCORTS... moving up on good volumes. May resume uptrend if it breaks 117 ??

Is Abbot not quoted on NSE. I dont have the chart. Missing god oppurtunity to analyze and learn.

regards

Karthik

Hi Karthik,
BILT just broke out of an ascending triangle 2 days back,nice volumes,looking good for higher prices......2 possible entries from here,on a p/b or if it takes out yesterday's high(but a p/b would be great!)

Agree with you on ESCORTS.....but wouldn't dare think of entering if it can't convincingly take out the 117 levels.So a watch for now!

No,Abbot is on BSE only

No,Karthik,you are not haunting me,........in fact,I look forward to your posts.Keep em coming!

Happy Trading!
Saint

 

[Saint]

Also look at Mega corporation ( only BSE) Started an immediate uptrend.

Targets et. al. Seniors pls. help.


Thanks
Nagzu

Hi Nagzu,
Don't know much about the fundamentals of the stock,etc.For that you got to do your research.Tech wise,Target would be 58-59.Lots of resistance around that area.

Happy Trading!
Saint

 

[Saint]

VIJAYA BANK :Looking good.Trying to breakout from a symm triangle on the weekly.Looks sweet if it can cross 69,and an add over 76,with a stop loss of 62.5.Share size accordingly.

Happy Trading!!
Saint

 

[siju070]

Re: Bank of Rajasthan

At 62....How long i have to wait??

 

[caprice]

Hi Saint

Do you suggest a buy for me in Vijaya Banks now. OR should I postpone my party this weekend..

Appreciate all the seniors.... very nice.. thanks

Regards

Nishant

 

[Saint]

A question here for Sain Ji: I feel exide, preins (pricol), aarti industries and deccan goldmines are also forming an immediate uptrend....

However, I want to know some more about arvind remedies, indian acrylic, Praj industries and Birla VXL... I would appreciate if one can tell me about these counters.

Thanks.

Hi Alok,
First of all,no Saintji......just Saint would do!

PRICOL :A weekly close of 60 would be a resumption of uptrend,but agree with you looking good to do just that.

AARTI INDS :Yep,nice uptrend.If in,ride the trend.Great going,Alok

DECCAN GOLDMINES:Nice breakout after weeks of consolidation.If in,now in trail stop mode.Great going!

EXIDE:Yep,still in an uptrend.

ARVIND REMEDIES:Nice higher pivot low on the weekly and monthly.Confirmation of an uptrend is when it takes out 4.5.......personally I stay away from the penny stocks,but individual preferences,I guess.

PRAJ INDS:Nice uptrend,now in the middle of a pullback......let us see how this one turns out.A wait-n-watch for now.

IND ACRYLICS :The uptrend is still on.Enter only if it can cross 19.7 convincingly.

BIRLA VXL:Starting off another uptrend.Neat entry point would have been at around 22.

Happy Trading!!
Saint

 

[AMITBE]

Hi Saint

Do you suggest a buy for me in Vijaya Banks now. OR should I postpone my party this weekend..

Appreciate all the seniors.... very nice.. thanks

Regards

Nishant

If I may come in saint...I've been trapped in this for a few months at 70...one of my many follies. 70 area is an important barrier, it went up a couple of ticks and dipped before my eyes then...failed breakout. Didn't stop out...a system I ruthlessly follow now.
Fundaments...gave poor results last quarter, the reason it hasn't gone anywhere, and should the market take a dip, will go down faster than others in the sector.

 

[Saint]

Hello Saint

A query.. Holding VIP 100 shares.. @ 10/- pray tell.. Hold or sell.. 158.95 today..

DIL HAI KE MANTA NAHIN..

Regards

Nishant

Hi Nishant,
You are holding VIP 100 shares from 10/- to 158.95?So far nice uptrend,no reason to sell off right away.Raise the stop loss to 125 and hold as of now.

Saint

 

[VICKY_SEEKINGINR]

Thanks Sait

I Am Also In Vijayabank.
Hope It Will Break 70 Level.

But Thanks For Your Call.

Thanks