iCharts Discussions

[deepakms]

Manju ...........Well Said "mkts ll be there for ever and u can make money any time.. " so true .It (mkts) gives u an opportunity everyday .

Rgds
Deeppak

[ali522003]

siemens holding 725-727 so well

[anand1234]

hi.......as4manju
one more questions.............shreeastha @6.70 .........now is buying freez .........can I buy if I get??.........then what will b the tgt for one or two month............for delivery.....pls guide me.........

thanks
anand

[as4manju]

The stock is making lower lows and lower bottoms so the next bounce might take it to 55 levels..

Regards

Manju

[anand1234]

hi.....as4manju
thanks for your comments...........but one more has left ..........about shreeastha.......pls guide me .......I am waiting for your comments.......

thanks boss
anand

[as4manju]

Hi ananad,

The company had few good movies last year so on the biz front it looks fine but i dont clearly recollect there were some issue on stock mkt its issue with sebi and promoters or something like that.. as far as i know its more of a pump and dump story kind of stock until unless ur a movie expert knowing which of thier next release ll be a hit dont trade these counters.. cause once the selling starts still it ll be in cuircit.. always trade good quality stocks.."dont get into penny stocks as u ll loose ur invested penny"

Regards
Manju

[as4manju]

On 10 jan 2011 mentioned that below 1190 tgt 1140-1100 even 1050 for the stock the tsock has reached tgt1 1140 and is at 1125 so soon can hit 1100 as well..

[anand1234]

hi......as4manju
thanks again...........its nice to read your comments all the time.........

thanks
anand

[as4manju]

Orchid Chem: as mentioned was on fire once it crosses 310 hit 314-317 and made a high of 323.. watch out above 333 it ll give a run for money sky is the limit..

Regards

Manju

[beowulf]

[as4manju]

This a high beta stock so trade as per risk appatite dip back to 310 would be a good entry point or else try to enter above 333 these are FnO levels... It difficult to put a SL for this as intrady it swings 9-10 rs...

i m highly bullish on the stock for long term view

Regards
Manju

[as4manju]

(This view is expressed based on the concept of core trading which i have explained in the same thread earlier which u can go through)

Nifty has not closed below the 40 period moving avg in last two years even though it has broken on a intra week basis twice but on a weekly basis never...

Now that the 40 period moving avg is at 5650 levels(which is also close to the 200 DEMA) tomorrows closing is very very important for the mkt.. if we can sustain this levels for next few days that means we can re test the levels of 5840 levels.. if we can sustain above 5840 levels then it signals that we are heading higher and the worst is over in the mkt...

Lets Keep the fingers crossed to see what happens...

Regards
Manju

[r_venu]

Hi Manju! ............at what price can i buy DCB. please give me the targets and sl.

Thanks..........
Venu

[ali522003]

manju bhai
may be i m wrong but i feel that reliance made a hammer on candlestick and that too with volumes.
Siemens also made a small AT on charts..
please guide me cuz i m new to trade on your calls and bit worried now. I dont know wat levels you are watching but i trust you and need a proper guidance from you.

[as4manju]

Ali i m not that expert in analysing stocks based on candle sticks pattern but in simple hammer is not one of the strongest one to relay on for reversals and more over it has not closed at the high of the day to confirm that its a strong revarsal(i might be worng in what i ve told plz correct me if i m wrong as this is not my area of expertise )..
as far as siemens is concerned i m not sure what u ment by AT ..

Ali i ve told many times in my posts that SL is something about money mgt and u can use simple logic like for tgt profit of 3 rs ur stop loss should be be 1 rs.. my studies are based on trendlines and i ve posted the charts also so can look for near by supports are resistance as ur stops thats how i watch for levels..

One of the other reason i dont posts stop loss for my calls is that i dont want to spoon feed people i want every one to learn how to read the charts that is the reason i post my charts with the calls and thats how i learnt TA.. if u ve joined this fourm its because u ve shown passion for TA.. if some one is looking to just take calls then there are plenty of people who are sending calls for money out there in mkt..

" i dont want to provide fish daily i want you all to learn fishing "

Regards
Manju