Archives of “Baroda” tag

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ICICI Bank :Target achieved ,but still looking weak

  
Analysis, Education
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Dear Readers & Traders ,On 8th April -I had written sell ICICI Bank below 976 level with target of 953 in hrs only.

Again on 13th April (Day before yesterday written to sell it ..Remember Kill me )My target below 953 was 930 level.

Now ,Today Just see it made a low of 930.65 in Future and now trading at 934 level.

One of the most important keys is to take action. You cannot be on the sidelines and expect to become an expert.

You can learn the basics of reading the tapes, reading of the charts, and deciphering the news. However, to be really good at it, it becomes an art. It is a skill that you can develop.

The things you need to keep in mind are:

  •  
    • Be in the game.
    • Keep track of your actions.
    • Examine you actions and see if they serve you or if they need any adjustments.
    • Have an expectation of winning, instead of not losing.

Now ,Suppose break and closes below 930 level too with volumes then I expect stock to kiss 912-907 level.

Just Think ,What else u want in life ?

Updated at 11:45/15th April/BARODA

S&P 500 -Makes New Record :14 Straight sesssions

  
Analysis, Education, US Market
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Short Term Hurdle :1176- 1182.50 level.

Major Hurdle :1177 level.(Complete correction from 1576 to 666)

-Three Consecutive close above 1177 & weekly close above this level will take to 1347-1404 level.

Suppose above mentioned condition is fulfilled then no Major panic is ruled out across Globe.

-This is 13th Month from low of 666

-On going Month is 30th Month from 1576 …so another 4 month or 4th month major Turning ?

-Either rally will get over in this month and sharp fall will start or Nonstop rally above 1177 will continue ?

Updated at 5:50/18th March/Baroda

Time to Buy Sugar Stocks

  
Analysis, Education
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After hitting a low of $ 13 on New York Board Of Trade (NYBOT) it had flared upto 15.71 on Friday and closed at 15.65 level.

-I think it will flare upto 16.57 -16.86 & there after nonstop rally uto 17.79-18.08 level on card.

Thirsty Futures ,Just refresh your Memory and see from what level I was Bearish in SUGAR stocks.

Technically ,Only Balarampur Chini looking Hot ,But Bajaj Hindustan /Renuka Sugar….Still Trend Down.

-International sugar prices had spured last week and there is no reflection in Indian Sugar Stocks.

-I think ,Traders can take a Risk of Rs.2-3 or Consider last week low as support and add another Rs.2 for support and Buy these stocks.

-Now don’t think they will catch fire or will explode.But Yes 101% spurt not ruled out.Rally may last for 1-3 days or 5 days.

99.99% International Sugar prices had bottomed out.This is my Judgement and maximum it can form double bottom at $ 13 or will try to form Higher bottom.

Your Media Analyst ,Media Anchors and Blue channel babes will start doing Bla Bla in day or two.

Just enjoy this beautiful song from film :Cheeni Kum

Updated at 15:31/22nd May/Baroda

Insider Trading in UTTAM GALVA STEEL ?

  
Analysis, Education, Investment
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UTTAMSTEEL

Today morning just read this NEWS :ArcelorMittal gets in through Uttam Galva

Uttam Galva, in a late evening notice to the Bombay Stock Exchange (BSE), announced that it will allow ArcelorMittal to acquire shares in the company through an open offer.
At the first stage, Lakhmi Mittal-owned ArcelorMittal will purchase a 5% stake for Rs69.6 crore at Rs120 a share.
Subsequently, the Mittals will make an open offer to purchase a 30% stake at the same price paid to the promoters for the 5% stake, valuing the company at Rs1,384.3 crore.
19session
 
This is Daily chart of UTTAM STEEL.
Just see the movement of the stock from Rs.53 on 11th August and on Friday it closed at 113.95 level.
My question to Readers ,Traders ,STOCK EXCHANGE and SEBI is ….The annoucement of stake sale or picking of stake by Arcelor Mittal was decided on Friday (4th September) or talks were going on since last 1-2 months ??
-Who were knowing about this Deal ?
-Who bought these shares ??
-Do u not think Insiders in India are minting money and people close to Company circle ??
-Just small thought ….if possible comment ………Jai Ho !!
Updated at 18:52/5th Sept/Baroda

Samtel Color :Untouched Defence Stock

  
Analysis, Education
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India’s defence expenditure has been raised to Rs.147,344 crore (Rs.1.47 trillion/$32 billion) for 2010-11, up 8.13 percent from the revised estimates of the previous fiscal, in the budget presented by Finance Minister Pranab Mukherjee in the Lok Sabha.

This is my Multibagger for 2010-2011

Now at Rs.21

Technically Looking Hot.

Traded at BSE-NSE

Your Stoploss for Investment is 16

Trading Stoploss 18

Unexpected Buying will start anymoment.

My Short term target Rs.25.50-26 & there after Rs.32+

Traders can get 15-20% jump (But we are not interested to get this small return )

Dear Readers & Traders ,Just spare 5 minutes & get some hot facts:

While u trade ,dont follow fundamentals ,just concentrate on levels.

*Samtel  is a success story in the private sector’s entry into Indian defence manufacturing

*SAMTEL :India’s largest Integrated Manufacturer of a wide range of displays for television, avionics, industrial, medical and professional applications, TV glass components for displays, machinery and engineering services. The group employs 6000 people in nine world-class factories and has an annual turnover of Rs 12 billion (USD 300M).

JOKE :MCAP of Rs.114 Crore only ??

Go on reading :Click here

Samtel represents strength of India’s private sector at Defexpo 2010

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I will update more to our Subscribers

Updated at 8:47/08th April/Baroda

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