Sensex

Wednesday, January 06, 2010

[sharetrading] Austral

 

I wd avoid austral. Cat is in BSE which I do not track

 

Abe

 


From: sharetrading@yahoogroups.com [mailto:sharetrading@yahoogroups.com] On Behalf Of Prafulla Toke
Sent: Wednesday, January 06, 2010 7:27 PM
To: sharetrading@yahoogroups.com
Subject: Re: [sharetrading] Genus power

 

 

Abe Sir,

 

 Ur view on CAT TECHNOLOGIES  & AUSTRAL COKE pl.

 

prafulla toke 

 


From: A P Abraham <abrahamap@airtelmail.in>
To: sharetrading@yahoogroups.com
Sent: Wed, January 6, 2010 11:20:39 AM
Subject: RE: [sharetrading] Genus power

 

Daily is indicating a weak buy and weekly has not yet. Wait

 

Abe

 


From: sharetrading@ yahoogroups. com [mailto:sharetradin g@yahoogroups. com] On Behalf Of Prafulla Toke
Sent: Tuesday, January 05, 2010 7:39 PM
To: sharetrading@ yahoogroups. com; sharetrading@ yahoogroups. com
Subject: [sharetrading] Genus power

 

 

 

 

Abe Sir,

 

thanks for ur detail reply on genus power infra.

the same way as per my knowledge PURAVANKARA  PROJECTS is also showing good opportunity to buy.

ur reply on Puravankara pl.

 

thanks n regards

 

prafulla toke

 


From: A P Abraham <abrahamap@airtelmai l.in>
To: sharetrading@ yahoogroups. com
Sent: Tue, January 5, 2010 11:24:37 AM
Subject: [sharetrading] Genus power

 

Recently one of the member’s had sent a private query…………….. last sunday

This was my answer then…….

------------ --------- --------- --------- --------- --------- -----

As of last close, it is still not a technical buy as weekly has not yet generated buy signal. Also the volumes show lack of interest, hence the driving force is missing. However, if you think the stock is worth as a LT pick, one may enter. Remember 23% of stock was pledged. It is down to 18%. Also the interest payments are reducing……

Dalal street shows BV of 168. With that as a basis for calculations the IV is very high (Rs 600). Hence you may BUY with a very long outlook.

 

Overall considering the prospects that this stock should return good numbers in LT and the field of operation being a sensitive sector, one may INVEST with a 2 year perspective minimum. But be prepared to see the price dip as much as another 50%, considering that it has come down from Rs 900 levels.

 

SL 131. Buy as close as possible to this number…………………..

 

Abe

But now with the market so strong, this could give some good return………………….

 

SL – 168………………..

 

Abe

 

 

 

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Please use your discretion before acting on the ideas expressed in the group.
Happy Trading,
United we grow!!!
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