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psalm
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Joined: 12 Nov 2011
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Post: #5236  Posted: Wed Sep 26, 2012 12:46 pm Post subject: |
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| taxmann50 wrote: | | Samji your views on cement sector plz |
Taxmann, the sector as a whole is not giving any clear signals...but the patterns are looking encouraging. So, as of now, I'll suggest to buy the stocks on dips or after any breakout. For example, ACC is forming some kinda inverted H&S. A good breakout will give a very good move on the upside, I feel. But I wont suggest buying the stock at this point of time, as the risk is pretty high. But on a dips or after a breakout, the stocks can be bought, I feel.
NOTE: For every trading position there should be a stoploss (big or small) cos, you never know what's gonna happen in the future. But as of now, the sector looks promising.
Regards,
SAM |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #5237 Posted: Wed Sep 26, 2012 12:53 pm Post subject: |
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| from fundamental point of view, just look for despatches, which are going up for the last year, which means that there is construction going on in second tier cities and towns. |
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pkholla
Black Belt
Joined: 04 Nov 2010
Posts: 2890
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| Post: #5238 Posted: Wed Sep 26, 2012 12:56 pm Post subject: |
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| Now that the delay and hangup causing Didi-er virus has been removed, perhaps his instructor will refresh and defrag his memory and increase processor speed to 420G Hertz. He will again show the tiger spirit he displayed in 1991! Prakash Holla |
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shanticomq
White Belt
Joined: 22 Jan 2011
Posts: 219
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| Post: #5239 Posted: Wed Sep 26, 2012 1:04 pm Post subject: |
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| good one pkhollaji |
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psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
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| Post: #5240 Posted: Wed Sep 26, 2012 1:06 pm Post subject: |
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| pkholla wrote: | | Now that the delay and hangup causing Didi-er virus has been removed, perhaps his instructor will refresh and defrag his memory and increase processor speed to 420G Hertz. He will again show the tiger spirit he displayed in 1991! Prakash Holla |
Prakash, here is the song Didi(by Khaled) and its translation for you:
http://mepop.blogspot.in/2006/02/khaleds-didi-lyrics.html
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psalm
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Joined: 12 Nov 2011
Posts: 5368
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| Post: #5241 Posted: Wed Sep 26, 2012 1:18 pm Post subject: |
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| Europe is trading around their lows now.....most of the major markets are down by 1 to 1.5%.....Spain and Italy are down by almost 2%.... |
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psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
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| Post: #5242 Posted: Wed Sep 26, 2012 2:03 pm Post subject: |
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| psalm wrote: | | taxmann50 wrote: | | Samji your views on cement sector plz |
Taxmann, the sector as a whole is not giving any clear signals...but the patterns are looking encouraging. So, as of now, I'll suggest to buy the stocks on dips or after any breakout. For example, ACC is forming some kinda inverted H&S. A good breakout will give a very good move on the upside, I feel. But I wont suggest buying the stock at this point of time, as the risk is pretty high. But on a dips or after a breakout, the stocks can be bought, I feel.
NOTE: For every trading position there should be a stoploss (big or small) cos, you never know what's gonna happen in the future. But as of now, the sector looks promising.
Regards,
SAM |
Looking at the way some of the cement firms are holding, I have a feeling that they're about to breakout. BUT, one shouldn't have to be aggressive here..as more than 10 or 15% gain is there to be taken. For example, ACC COULD give around 300 point upmove as per the patterns. That means even if one misses 10 or 20 points, it wont be a big miss. In my opinion, wait for a day or two....if you feel that the price action suggests a breakout, then you can start buying the stock. If there is a breakout ACC is expected to give around 300 rupees on the upside in 3 to 6 months.....ie, more than 20% return from current levels.... |
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #5243 Posted: Wed Sep 26, 2012 2:36 pm Post subject: |
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| psalm wrote: | | Europe is trading around their lows now.....most of the major markets are down by 1 to 1.5%.....Spain and Italy are down by almost 2%.... |
Look at the way Indian markets are outperforming. FII funds must be flooding in. |
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vinay28
Black Belt
Joined: 24 Dec 2010
Posts: 11748
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| Post: #5244 Posted: Wed Sep 26, 2012 2:41 pm Post subject: |
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| sam ambuja seems to be the best |
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psalm
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Joined: 12 Nov 2011
Posts: 5368
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| Post: #5245 Posted: Wed Sep 26, 2012 2:43 pm Post subject: |
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| rk_a2003 wrote: | | psalm wrote: | | Europe is trading around their lows now.....most of the major markets are down by 1 to 1.5%.....Spain and Italy are down by almost 2%.... |
Look at the way Indian markets are outperforming. FII funds must be flooding in. |
yes, Rk.....there should be a lot of fund flows....tomorrow's expiry could be another reason....by the way, I'm not yet convinced by this move happened after 1.30pm ....anyway, let's wait and see where we end up tomorrow...  |
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psalm
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Posts: 5368
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| Post: #5246 Posted: Wed Sep 26, 2012 2:50 pm Post subject: |
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| vinay28 wrote: | | sam ambuja seems to be the best |
I had recommended Ambuja for long term investments earlier as well, Vinay.....Ambuja had a breakout recently.....but as far as the potential is concerned, ACC looks better......Both Ambuja and Ultratech could give another 10% from here if there is further buying happening.....ACC could give more than that I feel... |
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apka
Black Belt
Joined: 13 Dec 2011
Posts: 6137
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| Post: #5247 Posted: Wed Sep 26, 2012 3:05 pm Post subject: |
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| psalm wrote: | | apka wrote: | | Dr Singh turns 80 today. Will FII gift him 100+ nifty points? |
Looks difficult today....belated greetings may be possible....  |
LOL... seems that way |
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psalm
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Joined: 12 Nov 2011
Posts: 5368
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| Post: #5248 Posted: Wed Sep 26, 2012 3:10 pm Post subject: |
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| apka wrote: | | psalm wrote: | | apka wrote: | | Dr Singh turns 80 today. Will FII gift him 100+ nifty points? |
Looks difficult today....belated greetings may be possible.... |
LOL... seems that way |
 .....looks like that way....anyway, let's see... |
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apka
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psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
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| Post: #5250 Posted: Thu Sep 27, 2012 11:06 am Post subject: |
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| psalm wrote: | | China's Central Bank says to fine tune monetary policy in line with economic situation. Says Current Inflation Trend Is Stable.....A Chinese stimulus in the offing????.... ...let's wait and see... |
The rumour is that China is injecting 180bn yuan into money mkts....look at the asian markets now....in the last hour or so...gone up sharply...but let's see if they'll be able to sustain around the highs... |
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