Answers to Readers Queries

Q; Jatin sheth:thank u for hanung toys i earned Rs.3100 on mahurat intra day. can i buy more for holding at 232. what is expected target. pls reply.
Dharm:sir, I bought infosys 50 @2000 and now I got loss everyday, so what should I do now? plz advice me.

A: I am glad Jatin you made money from my tips and acknowledged the same publicly and that too on the day of Diwali when whole India was cursing the fall in stock market. Do not get overboard with a single stock. Avoid any stock for which delivery is not recommended. Delivery stocks are to be held for atleast 3 months to let gains accrue.

Q: Vinaykant Guleria:sir as u rergularly give the section of strong and weak share can u pls give the time frame or percentage that the perticular share is going to get and the other thing is u advices lic housing finance i bought that day and after 2 days it was not in the list of strong future so pls let me know how to get it. and another thing is for traders u give some values but as i have never done trading i dont know how to use those value so if u pls guide

A: Dear Guleria, You are a real novice as Strong and Weak stocks are for futures point of view and these keeps on changing as per the open interest prevalent in it. So it has a validity for a single trading day. You can use it to your advantage if a particular stock in it is continously appearing as a strong future stock it means that the bull run is intact in that stock and viceversa is true if a particular stock appears continous as a weak stock. You buy at the indicated price only and exit at stop loss(SL) price. In between figures are the targets. For eg Buy X > 100.1, 104,108, Sl 99 .Its representation is buy X stock when its price reaches 100.1 level and it is likely to hit 104 or 108 during intraday trading and one must exit this stock in case one has bought this stock in case it dips to 99 value after buying to protect one from a grave loss.

Q: Amit:I wanna know about the future of Satyam and Arvind Mills.I taken Satyam@432 and ArvMill@66.Thanks

A: Satyam is agood long term bet but dollar depreciation is taking its toll on it. Charts have given an exit signal and consider it holding only if it sustains above 420. If you keep it like a fixed deposit nothing can beat it as it is a good company and have faith in fundamentals.

Q: Pranav:respected sir i bought 2oo rpl worth rs 260, 200 rnrl rs.194.50, 200idbi bank 164.00, 100 varun shipiiing 76rs, 400 pasarai spinning rs. 22.35, 10 indian human pipe worth rs 1109. so what can i do i will book the lose or wait plz give me a reply

A: Sorry for delay in replying as yours was like a mutual fund portfolio:

RPL_ I am not happy with its run up as its refinery is still not set up and market is valueing it more than PSU refineries. Fundamentals do not support price hike as it is sure shot euphoria. Hold it only if it can sustain above 229.

RNRL: Same was recommended by me at my other blog for millionaire tips and do read post on RNRL, however I had never expected its such a sharp run up. It is also a scrip from Ambani group and is commanding high valuation which it do not deserve as just by filling a few forms and getting a distribution gas licence it has sky rocketed. try to hold if it maintains above 145 levels.

IDBI: Hold it above 131 only.

Varun Shipping: Exit if it breaks 62.9

Indian Hume Pipe:It is at a crucial level as charts for short term have given exit signal. 1254 is a pivot for it from where it can make or break and it is at that crucial junction.

pasarai spinning: I do not track this stock neither I could get its chart.

Q: Dharm:sir, I bought infosys 50 @2000 and now I got loss everyday, so what should I do now? plz advice me.

A: Assess Infosys update at my blog for select stock picks to include reliance, SBI,ACC,ONGC and do check this Infosys Update to get your doubts clarified. If you can hold Infosys, than keep i as a fixed deposit as with in next 12-18 months it is likely to trade with n a range of 1450-2450.