Answer to Readers Queries

Question: viekas gupta:Is there any news in State Trading Corporation, I hav bought it at 1680/- per share will i get some profits in long term someone is saying that it will cross Rs.10000/- in this year.

Answer:@ viekas gupta I do not trade on rumour mongering and neither recommend any body to do so. I do not have any news for the referred share.

Question:Manish Tandon :I'm holding Bank of Rajasthan 500 shares @42/-, IFCI -300 @72/-, Indusind Bank -200 @72/-, Hotel Leela -300 @46/-, RIL -27 @600/-, TTML-400 @19/-, XPRO-200 @35/-, GOntermann Peppers-100 @70/-, Pentamedia 1550 @13/-, Rel. Comm-27 @0.00: Which stock should I switch over and in which company

Answer: @Manish Tandon : You are sitting on profit and protect it by placing a 10% stop loss below 52 week high. Till than ride the bull trend. You must be ready to let go 10% of your profit if you want to ride the bull trend. Sell ruthlessly the day stock falls 10% of recorded 52 week high and keep on revising the target very day as per new high achieved. Banks are doing well. IFCI hold above 75. TTML is in bull trend , I have even given a day trading recommendation for it. I will study GOntermann Peppers and Pentamedia Graphics. Hold RCOM till 700 held.