| View previous topic :: View next topic |
| Author |
Individual Stocks |
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
Post: #751  Posted: Mon Feb 06, 2012 9:36 pm Post subject: |
 |
|
 |
|
| Back to top |
|
 |
|
|
|
rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
|
| Post: #752 Posted: Mon Feb 06, 2012 9:40 pm Post subject: |
|
|
"....But its a simple method"
Sam!
Let me say some thing ALL LETHAL METHODS ARE SO SIMPLE 
Ofcourse... I am no way saying All simple methods are lethal.
|
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #753 Posted: Mon Feb 06, 2012 9:55 pm Post subject: |
|
|
| rk_a2003 wrote: | "....But its a simple method"
Sam!
Let me say some thing ALL LETHAL METHODS ARE SO SIMPLE
Ofcourse... I am no way saying All simple methods are lethal.
|
When i'm saying its a simple method, what i meant was that, without much effort one can practice this thing. Also, I believe that if I can do this, there is no reason why another person cant do the same thing. The only thing the pivot trader has to remember is the selection of a relevant level from a sea of pivots. You'll have to consider the probability of that level, situation of the overall market, momentum and if possible fundamental factors. All these come from experience.....and practices....But still, this is relatively a simple method, I believe.
Sam |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #754 Posted: Tue Feb 07, 2012 9:15 am Post subject: India Cements |
|
|
India Cements:
The stock is looking good for a target 107-110. Immediate support for the stock is around 93. Immediate resistance is around 96.5.
SAM |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #755 Posted: Tue Feb 07, 2012 9:25 am Post subject: Re: India Cements |
|
|
| psalm wrote: | India Cements:
The stock is looking good for a target 107-110. Immediate support for the stock is around 93. Immediate resistance is around 96.5.
SAM |
The stock is trading around 95 now...There is nothing wrong in buying the stock if it comes around 94 levels, I feel. One can buy it around 94 with a stoploss below 93.
Sam |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #756 Posted: Tue Feb 07, 2012 10:55 am Post subject: |
|
|
| psalm wrote: | | psalm wrote: | Reliance Infra:
Reliance Infra has support in the range 537-542. The stock is trading around 543 now. One can buy the stock in this range with stoploss below 535 for a target of 600/640. This is a bit risky if the market witnesses profit booking, but the risk-reward is tempting.
SAM |
The low made today is around 540....currently trading around 552..... |
Relinfra is trading around 557 now....the low made today is 542....and the high is aorund 560.... |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #757 Posted: Tue Feb 07, 2012 12:20 pm Post subject: Re: India Cements |
|
|
| psalm wrote: | | psalm wrote: | India Cements:
The stock is looking good for a target 107-110. Immediate support for the stock is around 93. Immediate resistance is around 96.5.
SAM |
The stock is trading around 95 now...There is nothing wrong in buying the stock if it comes around 94 levels, I feel. One can buy it around 94 with a stoploss below 93.
Sam |
India Cements had gone to a low of 93.3....but showing some momentum now.....The stock is trading around 96 now....
SAM |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #758 Posted: Tue Feb 07, 2012 12:41 pm Post subject: BHEL |
|
|
BHEL:
264 is a very good support for the stock....The stock is trading around 265 now...If interested, one can buy the stock at or around 265 with a stoploss below 264....
Sam |
|
| Back to top |
|
|
anand1234
Yellow Belt
Joined: 17 Jul 2010
Posts: 830
|
| Post: #759 Posted: Tue Feb 07, 2012 12:55 pm Post subject: |
|
|
hi.........plasm
for a quiry.................I purchased tatasteel @ 468..............now is tyrading 460................shd I hold??.......if so wt will b the tgt............and pls tell me the S/L..............
thanks
anand |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #760 Posted: Tue Feb 07, 2012 1:06 pm Post subject: |
|
|
| anand1234 wrote: | hi.........plasm
for a quiry.................I purchased tatasteel @ 468..............now is tyrading 460................shd I hold??.......if so wt will b the tgt............and pls tell me the S/L..............
thanks
anand |
Hi Anand,
Tata steel has resistance in the range 474-480 range. However, I expect the stock to reach around 500-505 levels in a week or two. The support for the stock is around 435-440 levels. However, in your case, you may hold it with a stoploss below 455. This is my opinion about the stock. However, you can place the levels according to your analysis and risk profile.
Regards,
Sam |
|
| Back to top |
|
|
anand1234
Yellow Belt
Joined: 17 Jul 2010
Posts: 830
|
| Post: #761 Posted: Tue Feb 07, 2012 1:09 pm Post subject: |
|
|
| psalm wrote: | | anand1234 wrote: | hi.........plasm
for a quiry.................I purchased tatasteel @ 468..............now is tyrading 460................shd I hold??.......if so wt will b the tgt............and pls tell me the S/L..............
thanks
anand |
Hi Anand,
Tata steel has resistance in the range 474-480 range. However, I expect the stock to reach around 500-505 levels in a week or two. The support for the stock is around 435-440 levels. However, in your case, you may hold it with a stoploss below 455. This is my opinion about the stock. However, you can place the levels according to your analysis and risk profile.
Regards,
Sam |
hi.............plasm
thanks for ur comments.............keep rocking.........also holding india cement....................thanks
thanks
anand |
|
| Back to top |
|
|
vishyvaranasi
Green Belt
Joined: 11 Jul 2011
Posts: 1159
|
| Post: #762 Posted: Tue Feb 07, 2012 1:36 pm Post subject: Hi, Sam your views on PTC and Biocon. |
|
|
Sam,
had bot PTC Yesterday at 55.10 now CMP 54.00 and Biocon at 284.70 now cmp 282.50 can u give ur views upon these two. |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #763 Posted: Tue Feb 07, 2012 2:07 pm Post subject: Re: Hi, Sam your views on PTC and Biocon. |
|
|
| vishyvaranasi wrote: | Sam,
had bot PTC Yesterday at 55.10 now CMP 54.00 and Biocon at 284.70 now cmp 282.50 can u give ur views upon these two. |
Hi Vishy,
Biocon has a lot of resistance in the range 284-295. So, its pretty difficult to indicate any level where the stock might find resistance as of now. It is better to enter the stock once the stock has conquered the above mentioned region. The stock had a support at 280.5. But the stock is below that level. Now, the next support is around 274. |
|
| Back to top |
|
|
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #764 Posted: Tue Feb 07, 2012 2:20 pm Post subject: Re: Hi, Sam your views on PTC and Biocon. |
|
|
| vishyvaranasi wrote: | Sam,
had bot PTC Yesterday at 55.10 now CMP 54.00 and Biocon at 284.70 now cmp 282.50 can u give ur views upon these two. |
Sorry, I missed the stock PTC...
The stock PTC has good support in the range 53-51.5 range. However, below that level, the stock will be weak. On the upside the stock will have momentum once it crosses 55 levels again. The target would be 59.
Regards,
Sam |
|
| Back to top |
|
|
vishyvaranasi
Green Belt
Joined: 11 Jul 2011
Posts: 1159
|
| Post: #765 Posted: Tue Feb 07, 2012 2:27 pm Post subject: Re: Hi, Sam your views on PTC and Biocon. |
|
|
| psalm wrote: | | vishyvaranasi wrote: | Sam,
had bot PTC Yesterday at 55.10 now CMP 54.00 and Biocon at 284.70 now cmp 282.50 can u give ur views upon these two. |
Sorry, I missed the stock PTC...
The stock PTC has good support in the range 53-51.5 range. However, below that level, the stock will be weak. On the upside the stock will have momentum once it crosses 55 levels again. The target would be 59.
Regards,
Sam |
Hi Sam,
Well will always conbfuse wether the lvls r to be considered on a closing basis on or any intraday basis. Pl. clarify me. |
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
