Dear Rahuul
First of all I really apologies for such a delay to ans your queries.
I think that you may agree, as most of the other fellows in the forum,that this is a spectaluar Bull run inthe sensex. Each day Sensex is making new and new hights setting up targets which were never seen before. in such an environment every other stock is performing to the maximum of its capacity. Group A or B or anyone for that matter, almost each stock is in the best of its glory.and this is most decevtive point for most of the retail/small investors like us. we are investing such a hard earned money in this market for a hope to earn some kind of reward but in the lack of proper knowldge we almost end up losing most of this possesion to the smart manipulators of the market who are far ahead of us in this bussiness of stock.
Having said that,I like to tell you that you yourself shuld do some kind of research on the probable stock you wish to enter. Newspaper and some business magzines gives you fair idea about the stock you want to enter. you can at least find the 52 week high low, volume involoved, results etc of your stocks from these magzines. Most of the stocks in the sensex are making all time high and crossing thier highs each week. but once the stock reaches it's maximum there is a caveat attached that untill and unless their is strong reason(good results, amalgmations, dividenets,bonus,expansions etc) the stock might turn around for a correction.
Most of the stocks in your list are in the similar condition. They have either reached the 52 week maximum or near to it or have now turned around after making a new high.In such a case i myself will like to enter only after some clear sign for buying appears on the charts.I feel that most of the stocks in the list posted by you are in SELL mode and not to be enter now. if at all two or three are there in buy mode(Gopala polplast enter 19.00 for target 24;Goldstone technologies enter 25.5 for target 31;Goldstone tele enter 15.0 for target 17) the entery is filled with lots of IFS and BUTS and only a small return with lots of risk. my suggestions here again is to stay clear and keep a watch on these and let the things cool down a little bit before making some kind of entery decision.
BSEL info appears to be little bit different in the whole list. its critical point is 27.75 levels. If it falls below this then a buy is somewhere at 26 for a minimum target of 35. but if it starts to rise from here then enter only if it crosses 35 and set a target of 43. keep a close look on this stock.
After all its your hard earned money invest it intelligently!!!!!!!
Regards and keep posting
RAVI T
First of all I really apologies for such a delay to ans your queries.
I think that you may agree, as most of the other fellows in the forum,that this is a spectaluar Bull run inthe sensex. Each day Sensex is making new and new hights setting up targets which were never seen before. in such an environment every other stock is performing to the maximum of its capacity. Group A or B or anyone for that matter, almost each stock is in the best of its glory.and this is most decevtive point for most of the retail/small investors like us. we are investing such a hard earned money in this market for a hope to earn some kind of reward but in the lack of proper knowldge we almost end up losing most of this possesion to the smart manipulators of the market who are far ahead of us in this bussiness of stock.
Having said that,I like to tell you that you yourself shuld do some kind of research on the probable stock you wish to enter. Newspaper and some business magzines gives you fair idea about the stock you want to enter. you can at least find the 52 week high low, volume involoved, results etc of your stocks from these magzines. Most of the stocks in the sensex are making all time high and crossing thier highs each week. but once the stock reaches it's maximum there is a caveat attached that untill and unless their is strong reason(good results, amalgmations, dividenets,bonus,expansions etc) the stock might turn around for a correction.
Most of the stocks in your list are in the similar condition. They have either reached the 52 week maximum or near to it or have now turned around after making a new high.In such a case i myself will like to enter only after some clear sign for buying appears on the charts.I feel that most of the stocks in the list posted by you are in SELL mode and not to be enter now. if at all two or three are there in buy mode(Gopala polplast enter 19.00 for target 24;Goldstone technologies enter 25.5 for target 31;Goldstone tele enter 15.0 for target 17) the entery is filled with lots of IFS and BUTS and only a small return with lots of risk. my suggestions here again is to stay clear and keep a watch on these and let the things cool down a little bit before making some kind of entery decision.
BSEL info appears to be little bit different in the whole list. its critical point is 27.75 levels. If it falls below this then a buy is somewhere at 26 for a minimum target of 35. but if it starts to rise from here then enter only if it crosses 35 and set a target of 43. keep a close look on this stock.
After all its your hard earned money invest it intelligently!!!!!!!
Regards and keep posting
RAVI T
