kailash Chaturvedi (1/30/2011 9:13:48 AM): have u bought nifty at 5516 ?
kailash Chaturvedi (1/30/2011 9:13:59 AM): as u said
Nehal (1/30/2011 9:14:15 AM): Yeah
Nehal (1/30/2011 9:15:07 AM): I have bought two lots at that level
kailash Chaturvedi (1/30/2011 9:15:21 AM): mkt analysts posted that nifty will fall more but i m seeing all nifty stocks are highly oversold and buying started in them on Friday ....
Nehal (1/30/2011 9:16:03 AM): Yeah even I believe that it will come up now on monday
Nehal (1/30/2011 9:16:06 AM): But let's see
Nehal (1/30/2011 9:16:46 AM): I can make an average at lower level if it falls more
kailash Chaturvedi (1/30/2011 9:16:56 AM): and if Nifty major like infy icici sbi itc and ongc sesa will blast will pull rest of them ...
Nehal (1/30/2011 9:17:19 AM): Yesi agree with you
kailash Chaturvedi (1/30/2011 9:17:42 AM): i saw charts of all and they are giving buy signals
Nehal (1/30/2011 9:17:48 AM): SBI is really doing bad since last few days
Nehal (1/30/2011 9:17:55 AM): that's awesome
kailash Chaturvedi (1/30/2011 9:18:11 AM): so i feel it is time of bottom fishing
Nehal (1/30/2011 9:18:55 AM): Buy ONGC at or above 1125 for nice gains - I saw this yesterday
kailash Chaturvedi (1/30/2011 9:19:11 AM): where ??
Nehal (1/30/2011 9:19:29 AM): On your blog of course
Nehal (1/30/2011 9:19:57 AM): both these companies are at their bottom levels I guess
kailash Chaturvedi (1/30/2011 9:20:02 AM): see sugars companies are depend on sugarcane and govt policies
kailash Chaturvedi (1/30/2011 9:20:48 AM): so these are stocks move based on news
Nehal (1/30/2011 9:20:49 AM): and I believe that during march or april their prices should move up
kailash Chaturvedi (1/30/2011 9:21:24 AM): hmm
Nehal (1/30/2011 9:22:25 AM): I bought central bank at 90 one year back and it was done by my broker by mistake
Nehal (1/30/2011 9:22:40 AM): and it went upto 250 couple of months back
kailash Chaturvedi (1/30/2011 9:22:53 AM): yes
Nehal (1/30/2011 9:23:21 AM): so I got huge profit by mistake
kailash Chaturvedi (1/30/2011 9:24:03 AM): gr8
kailash Chaturvedi (1/30/2011 9:24:30 AM): but these small banks are highly volatile
kailash Chaturvedi (1/30/2011 9:24:57 AM): frm 195 to 249 in 30 days only
kailash Chaturvedi (1/30/2011 9:25:27 AM): and 249 to 149 in in 30 days
kailash Chaturvedi (1/30/2011 9:25:50 AM): thease all are operated
kailash Chaturvedi (1/30/2011 9:26:28 AM): see andhra bank
kailash Chaturvedi (1/30/2011 9:26:40 AM): 6 to 7% move in 1 session
Nehal (1/30/2011 9:27:33 AM): Hahahaha
Nehal (1/30/2011 9:27:47 AM): Yes operator based totally
Nehal (1/30/2011 9:27:58 AM): But I have long term plan for that
kailash Chaturvedi (1/30/2011 9:33:11 AM): so u booked at 250 or now
Nehal (1/30/2011 9:33:32 AM): Nope
Nehal (1/30/2011 9:33:44 AM): I'll book at 500
Nehal (1/30/2011 9:34:15 AM): Quantity is not big
Nehal (1/30/2011 9:34:21 AM): It is only 100 shares
Nehal (1/30/2011 9:34:28 AM): so looking for big gaap
kailash Chaturvedi (1/30/2011 9:35:29 AM): if u could have booked at 249 then in 24900 it will be easy for u to own 200 shares now
kailash Chaturvedi (1/30/2011 9:36:01 AM): or at least 150 shares
Nehal (1/30/2011 9:36:17 AM): Yes, I agree but no matter
kailash Chaturvedi (1/30/2011 9:37:16 AM): see u must read elliot and dow theory for this
Nehal (1/30/2011 9:37:46 AM): Ahan
kailash Chaturvedi (1/30/2011 9:38:03 AM): market always move in waves
Nehal (1/30/2011 9:38:03 AM): I tried to read the many times but wasn't able to complete
kailash Chaturvedi (1/30/2011 9:38:32 AM): see elliot dow and fib
Nehal (1/30/2011 9:39:00 AM): Hmm
kailash Chaturvedi (1/30/2011 9:39:06 AM): if you learnt these three ....no one cane beat u
Nehal (1/30/2011 9:42:14 AM): I'll surely try
166.13
8.25
