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riteshucha
Green Belt
Joined: 19 May 2012
Posts: 1292
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Post: #4126  Posted: Thu Feb 06, 2014 10:16 am Post subject: |
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vinay / rita / apka,
any idea abt auropharma?
stock is refusing to come down... what would be a good level to enter... looks highly overbought... |
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apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
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| Post: #4127 Posted: Thu Feb 06, 2014 10:26 am Post subject: |
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| sorry, never followed it. |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #4128 Posted: Thu Feb 06, 2014 10:46 am Post subject: |
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| riteshucha wrote: | vinay / rita / apka,
any idea abt auropharma?
stock is refusing to come down... what would be a good level to enter... looks highly overbought... |
very good for investment but can come down to consolidate. I haven't seen chart though so don't know recent high low etc. |
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pkholla
Black Belt
Joined: 04 Nov 2010
Posts: 2890
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| Post: #4129 Posted: Thu Feb 06, 2014 3:22 pm Post subject: |
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| pkholla wrote: | | Relinfra result tomorrow Jai Hind, Prakash Holla |
How nicely big operators manipulate the share market. Result never announced. People like me who went short have/had to square off with a haircut. Learning process!
Jai Hind |
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ritapandit25
Black Belt
Joined: 04 May 2013
Posts: 2926
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| Post: #4130 Posted: Thu Feb 06, 2014 3:53 pm Post subject: |
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| riteshucha wrote: | vinay / rita / apka,
any idea abt auropharma?
stock is refusing to come down... what would be a good level to enter... looks highly overbought... |
590 would be the target in medium term. If goes below 470 then 450-435 would be level to buy again.Going to be Jackpot. |
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #4131 Posted: Thu Feb 06, 2014 4:12 pm Post subject: |
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Auropharma. It is in a spectacular uptrend .Made a move from 200 levels to 500 levels just in 4 months that's why it's in extreme overbought condition. If you observe the chart you can see that it went up from 200 levels to 500 levels without any meaningful correction.
Results are expected to be very good. There is a –ww in place indicating that some sort of correction is on cards. After the result there is a possibility of selling ……especially by FII’s as they need to book partial profits at least. They may use the good result as an occasion to unload some stock.So it’s time to buy puts in Auropharma. But they need to be squared off quickly once the stock go down 50-100 points ( I am expecting this much correction in this scrip.  ). Please make a note that this is a very short term trading view.. |
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riteshucha
Green Belt
Joined: 19 May 2012
Posts: 1292
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| Post: #4132 Posted: Thu Feb 06, 2014 4:26 pm Post subject: |
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| thanks |
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chandrujimrc
Brown Belt
Joined: 21 Apr 2009
Posts: 1683
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| Post: #4133 Posted: Thu Feb 06, 2014 8:44 pm Post subject: |
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Dear vinay/rk,
Any idea about Bhel? |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #4134 Posted: Thu Feb 06, 2014 8:54 pm Post subject: |
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| chandrujimrc wrote: | Dear vinay/rk,
Any idea about Bhel? |
sorry chandru, out of contempt for public sector, I don't look at it. |
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #4135 Posted: Thu Feb 06, 2014 9:01 pm Post subject: |
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| chandrujimrc wrote: | Dear vinay/rk,
Any idea about Bhel? |
No, Chandru.Will revert back incase I find any thing worth mentioning... after having a look at charts. |
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chandrujimrc
Brown Belt
Joined: 21 Apr 2009
Posts: 1683
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| Post: #4136 Posted: Thu Feb 06, 2014 9:47 pm Post subject: |
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| Thank you rk&vinay. |
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amitkbaid1008
Yellow Belt
Joined: 04 Mar 2009
Posts: 540
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| Post: #4137 Posted: Thu Feb 06, 2014 10:29 pm Post subject: |
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| rk_a2003 wrote: | Auropharma. It is in a spectacular uptrend .Made a move from 200 levels to 500 levels just in 4 months that's why it's in extreme overbought condition. If you observe the chart you can see that it went up from 200 levels to 500 levels without any meaningful correction.
Results are expected to be very good. There is a –ww in place indicating that some sort of correction is on cards. After the result there is a possibility of selling ……especially by FII’s as they need to book partial profits at least. They may use the good result as an occasion to unload some stock.So it’s time to buy puts in Auropharma. But they need to be squared off quickly once the stock go down 50-100 points ( I am expecting this much correction in this scrip. ). Please make a note that this is a very short term trading view.. |
rk_a2003
Good Volumes in Option of AUROPHARMA but the problem is
Options are traded at very high premium 450PE is @ 9.70 is not worth taking the risk
I would like to go short on future just plain vanilla |
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #4138 Posted: Fri Feb 07, 2014 6:26 am Post subject: |
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| amitkbaid1008 wrote: | | rk_a2003 wrote: | Auropharma. It is in a spectacular uptrend .Made a move from 200 levels to 500 levels just in 4 months that's why it's in extreme overbought condition. If you observe the chart you can see that it went up from 200 levels to 500 levels without any meaningful correction.
Results are expected to be very good. There is a –ww in place indicating that some sort of correction is on cards. After the result there is a possibility of selling ……especially by FII’s as they need to book partial profits at least. They may use the good result as an occasion to unload some stock.So it’s time to buy puts in Auropharma. But they need to be squared off quickly once the stock go down 50-100 points ( I am expecting this much correction in this scrip. ). Please make a note that this is a very short term trading view.. |
rk_a2003
Good Volumes in Option of AUROPHARMA but the problem is
Options are traded at very high premium 450PE is @ 9.70 is not worth taking the risk
I would like to go short on future just plain vanilla |
Amit,
Be ready for a roller coaster ride in that case. Remember, tops are formed violently, where as bottoms are formed silently. |
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #4139 Posted: Fri Feb 07, 2014 7:24 am Post subject: |
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| rk_a2003 wrote: | | chandrujimrc wrote: | Dear vinay/rk,
Any idea about Bhel? |
No, Chandru.Will revert back incase I find any thing worth mentioning... after having a look at charts. |
Chandru,You might have observed the formation of +ww in BHEL daily chart. After a gap down it formed a Dragon fly doji with good volumes.It could be a reversal signal. The results were bad. That might have already factored in price.
The immediate resistance will be the gap 157.5 - 160 which is going to be a resistance. If this gap is filled up today(with a gap up) and sustains then it's going to be a smooth upside move for BHEL.SL could be 153(EOD) for longs. Below 153 ...145...140 ...135 and so on.Shorts below 153 with a SL of 160. |
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pkholla
Black Belt
Joined: 04 Nov 2010
Posts: 2890
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| Post: #4140 Posted: Fri Feb 07, 2014 10:17 am Post subject: |
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SP50: Even though SP50/ Tax is far away from India in Sydney, Australia, his race ghodas are doing well
Today's lead ghoda in Nifty derby is his fav, jp's ass galloping away in 1st place with 3%+ change and 97 lakh volume
Jeetay raho, Tax bhai! Prakash Holla |
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