View previous topic :: View next topic |
Author |
Individual Stocks |
rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
|
Post: #781 Posted: Wed Feb 08, 2012 9:59 am Post subject: Re: RCOM |
|
|
psalm wrote: | psalm wrote: | psalm wrote: | Reliance Communication:
RCOM has support around 88-89 range. The stock is trading around 90 now. One can buy the stock in the range 88-89.5 with a stoploss below 87.5. The target here is 104 and 114.
NOTE: If not interested in holding the stock or Futures, there is nothing wrong in buying CALLs.
Regards,
Sam |
The low made today is 89.1.... |
Stock has found some support at 89 as expected and is trading around 91 now. | |
|
Back to top |
|
|
|
|
psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
|
Post: #782 Posted: Wed Feb 08, 2012 10:07 am Post subject: |
|
|
psalm wrote: | psalm wrote: | 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.... |
Reliance Infra is trading around its high now....current price is around 568...The high made today is around 569.
SAM |
Reliance Infra is trading around 575 now....one can modify the stoploss to just below today's low and continue holding it. There is nothing wrong in booking partial profits if it comes to 590 levels.
SAM |
|
Back to top |
|
|
rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
|
Post: #783 Posted: Wed Feb 08, 2012 10:17 am Post subject: |
|
|
Delivery Call: Buy and Hold RCom at 92-92.5 with SL of 89 for Target of 98
Sam
The above call issued by IIFL at 10.15 |
|
Back to top |
|
|
psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
|
Post: #784 Posted: Wed Feb 08, 2012 10:24 am Post subject: |
|
|
rk_a2003 wrote: | Delivery Call: Buy and Hold RCom at 92-92.5 with SL of 89 for Target of 98
Sam
The above call issued by IIFL at 10.15 |
|
|
Back to top |
|
|
psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
|
Post: #785 Posted: Wed Feb 08, 2012 10:27 am Post subject: |
|
|
RK,
All the Reliance stocks are buzzing....dont knw why.... |
|
Back to top |
|
|
psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
|
Post: #786 Posted: Wed Feb 08, 2012 10:42 am Post subject: Re: Aban Offshore |
|
|
psalm wrote: | psalm wrote: | bismillah001 wrote: | wht abt aban. any thought or analysis |
ABAN OFFSHORE:
Aban has had an excellent rally in the last few weeks. The stock had made a 52 week low of around 320. It is trading around 550 now. In doing so, the stock has crossed a lot of resistances. However; it is near a major resistance now, in the range 562-572. Though the stock has a target of 720-740, the stock may experience some profit booking around these levels. May be it could form a Flag Pattern, or else corrects upto 510-480 levels. So, any buying around these levels should be avoided. They'll get a chance to buy if they can wait for the stock cross the 575 levels. Similarly, any correction to the levels of 510-480 will be a good opportunity to enter.
Regards,
Sam |
The high made today is 562....and is trading around 544 now... |
The low made today is 516... |
|
Back to top |
|
|
psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
|
Post: #787 Posted: Wed Feb 08, 2012 10:51 am Post subject: |
|
|
Chambal Fertilizer is showing some momentum..... |
|
Back to top |
|
|
psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
|
Post: #788 Posted: Wed Feb 08, 2012 10:54 am Post subject: ICICI Bank |
|
|
ICICI Bank:
There was a news item about Temasek holding selling their stake in ICICI Bank. It could be the reason why the stock is under some pressure today. |
|
Back to top |
|
|
anand1234 Yellow Belt
Joined: 17 Jul 2010 Posts: 830
|
Post: #789 Posted: Wed Feb 08, 2012 10:54 am Post subject: Re: India Cements |
|
|
psalm wrote: | 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 is not moving much now....current price is around 95 now.....If cautious, there is nothing wrong in modifying the stoploss just below 94.....Else, they can continue holding it with the same stoploss as mentioned earlier (below 93). |
hi.......plasm
holding incem @ 95.3.............how long it can take to reach the tgt??...just for quiry??.............
thanks
anand |
|
Back to top |
|
|
psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
|
Post: #790 Posted: Wed Feb 08, 2012 11:01 am Post subject: India Cements |
|
|
anand1234 wrote: |
hi.......plasm
holding incem @ 95.3.............how long it can take to reach the tgt??...just for quiry??.............
thanks
anand |
Hi anand,
The stock is witnessing profit booking whenever it is nearing the 97 levels. However, keep a stoploss just below 94 or to your comfortable levels. The stock will have moment only if it crosses 97 now. I have no idea how long it will take to reach the target. By the way, I was expecting the stock to reach the target in 5 or 6 trading sessions when I have made the call.
Regards,
Sam |
|
Back to top |
|
|
psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
|
Post: #791 Posted: Wed Feb 08, 2012 11:36 am Post subject: Re: Chambal Fertilizer |
|
|
psalm wrote: | psalm wrote: | ESNMURTY wrote: | Hi, Psalm,
How good is CHAMBAL FERT to buy @90 |
Hi Murty,
I had given my opinion about the Chambal Fertilizer around 2 months back. You can check the thread in the following link:
http://www.icharts.in/forum/chambal-fertilizer-t3966.html
I was expecting the stock to hit 65 levels with 84 as an important level to cross on the upside. The stock has gone to 72 levels and then bounced back. However, till the last day of January, the stock was not able to cross the 84 level on a closing basis. After closing above 84 levels for the first time in almost 2 months, the stock has spent almost 3 days above that level. The stock has now closed above another major resistance level of 88. It shows the strenghth. Now, one can think about buying it if there is a correction. Any correction upto 86-84 range can be bought. A target of 101 or 102 is possible for the stock within a few weeks. Immediate resistance for the stock is around 91.5-92. Immediate support for the stock is around 88 and then 84 levels. I don't expect the stock to go below 80 from here onwards. As long as the stock is above 80, the stock will be in an uptrend.
Note: This stock has been a relative outperformer. If the market goes to around 5700 or 5800, this stock has enough strength to reach 120-125 levels. Any changes in Govt Fertilizer policy might be the trigger the stock is waiting for now.
Regards,
Sam |
The high made today is 91.25...currently trading around 87 levels... |
The stock has broken the 92 levels....looks good for a ride... |
|
Back to top |
|
|
rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
|
Post: #792 Posted: Wed Feb 08, 2012 11:37 am Post subject: |
|
|
psalm wrote: | RK,
All the Reliance stocks are buzzing....dont knw why.... |
They were being chosen for today In rotation.
In fact a review application for gas price hike by reliance was rejected by the Govt. which was a fundamental bad news for Reliance despite that the stock is rallying. |
|
Back to top |
|
|
psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
|
Post: #793 Posted: Wed Feb 08, 2012 11:46 am Post subject: |
|
|
rk_a2003 wrote: | psalm wrote: | RK,
All the Reliance stocks are buzzing....dont knw why.... |
They were being chosen for today In rotation.
In fact a review application for gas price hike by reliance was rejected by the Govt. which was a fundamental bad news for Reliance despite that the stock is rallying. |
|
|
Back to top |
|
|
psalm Black Belt
Joined: 12 Nov 2011 Posts: 5368
|
Post: #794 Posted: Wed Feb 08, 2012 12:02 pm Post subject: |
|
|
psalm wrote: | pkholla wrote: | Psalm: Hi Sam what is your view on Maruti now that it has reached 200EMA. Further, rumors say that Suzuki may use India as base for exports to South Asia and East Europe? New plant may also mean move away from troublesome Haryana to more peaceful Gujarat!
Thanks in advance Prakash Holla |
Hi Prakash,
I have given my opinion on Maruti only a few days back in this thread itself. I'm repeating it again here. Maruti Suzuki has immediate resistance at 1222 (1232 is the recent high) levels. If the stock is able to close above 1223, then the stock can move to 1275-1290 range. Above that range, 1360 could be possible. The stock has immediate support around 1180-1170 levels. Any breach of this area, the stock might correct to 1110 levels. Below 1100 levels, the stock will test 1030 levels.
NOTE: This is a short to medium term view. This was posted on Friday. I hope this answers your question.
Regards,
Sam |
Maruti has made a high of 1280 today.....currently trading around 1270.... |
|
Back to top |
|
|
ESNMURTY White Belt
Joined: 31 Oct 2009 Posts: 380
|
Post: #795 Posted: Wed Feb 08, 2012 12:05 pm Post subject: stocks |
|
|
Hi,
COROMANDEL FERT LOOKS GOOD FOR 293( 280 NOW) |
|
Back to top |
|
|
|