TCS

Can we enter TCS@2090, for the target of 2230?Your views please.

 

2230 should be 1st target only than modify stop to your buying price and watch carefull @ 2250-2260 if manage to cross it will climb to 2480-2500.

Please mention stop also or else you will be in pain if not following sl.

 

sell all IT stocks during the 3rd quarter..generally weak season

 

I agree -

Now also that all IT Q2 results are out, there might be some selling.

 

exactly but few are exceptional and I am planning to enter in that, just bought vakrangi soft.

 

Hi Sanjay, can you share analysis of Vakrangi Soft and reason to enter the stock.

 

Nothing special, it is same what I follow to choose long term script but I bought this for short term and convert it to long cause after selling Ntpc got fund to follow my long term strategy.

For technical, view the attached charts.
Fundamentally very strong got dip because of Lic Profit booking like anything.

 

Thanks Sanjay for your detail analysis.

 

Nice Sanjay! Good work by you, you have explained your entry points also nicely!

 

my pleasure.

 

IT

I will keep buying TCS and HCLTECH on every decline. Target for TCS 2300 and HCLTECH 1200.

 

Dear just think by your mind not by heart.

" HOW LONG CAN U BUY, CAN U BUY TOTAL ALLOTTED SHARES OF TCS AND HCL TECH, I BET U CAN'T"
" TILL WHAT LEVEL OF DECLINE U CAN BUY, I BET U WILL NOT READY TO BUY @ RS 100 OR SAY @ RS.1"

There is a strategy called buy on dips and another one is sell on rise but that doesn't means u keep buying on every dips or sell on every rise cause u, me or anyone else doesn't have that much of capital, so please just think by mind not because others are influencing to do that.

Even I follow some time buy on dips but I completely follow this strategy with my own strict strategy and before initiating I decide the levels that what my next level will be for more buy 1, buy 2 and buy 3 and @ what % I will buy compare to my 1st purchase and after that there will be only stop loss or target.

it is a advise only, take it or not depends totally on u.

 

very Informative ........

 

Sanjau, Vakrangee is a nice pick. Entered @69.1 for the target of 82 and SL at 66. What you say?

 

your levels are perfect but for sure shot win stop should be 61 but that's ok cause it deeper one.

Best of luck,
Jai Mata Di.

 

Exited today @74.2 with around 8% profit.

 

Good but your target was 82, what happened.

 

I bought 1000 shares, profit around Rs.5000 is enough and its result on 09/11/13.

 

Fine, good decision to exit before results.

You have invested 69.2*1000=69200/- , if invest same amount on every trade then it is fine but if r not then it could be painful.

Jai Mata Di.