1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Vakrangee Softwares

Discussion in 'Technical Analysis' started by sanjay_sansanwal, Aug 11, 2012.

Tags:
  1. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    Vakrangee soft can be a good play above 41.
    Plz wait & watch carefully.
     

    Attached Files:

    sanjay_sansanwal, Aug 11, 2012
    Share #1
  2. masihpatel

    masihpatel Active Member

    Joined:
    Jun 2, 2012
    Messages:
    325
    Likes Received:
    49
    nice pick sanjay
     
    masihpatel, Aug 11, 2012
    Share #2
  3. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    This stock should be avoided for one simple reason that average trading volume is hardly in few lakh worth of rupees and so you can easily be spiking the stocks when trying to buy or may be you may not have any sellers at the needed price.

    Should be purchased only based on fundamentals and not technicals.
     
    shabbir, Aug 12, 2012
    Share #3
  4. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    Thanks for alert.
     
    sanjay_sansanwal, Aug 12, 2012
    Share #4
  5. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    The pleasure is all mine.
     
    shabbir, Aug 12, 2012
    Share #5
  6. vishuhd1

    vishuhd1 Member

    Joined:
    Sep 1, 2012
    Messages:
    214
    Likes Received:
    15
    Occupation:
    Software Engineer in IBM, Bangalore
    Shabbir,
    Almost an year before we happen to discuss about this stock when it was at around 40 levels... Now, I see that the stock is trading at 74 levels and with decent volumes for a smaller/midcap stock.. Can we consider this for trades?... I see that from this company has paid a decent dividend every year post 2005... And also in 2012, it has declared a 1:1 bonus as well..
     
    vishuhd1, May 17, 2013
    Share #6
  7. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    Charts look good but then 1 million shares change hand at a very constant price which does not sound good to me.
     
    shabbir, May 17, 2013
    Share #7
  8. vishuhd1

    vishuhd1 Member

    Joined:
    Sep 1, 2012
    Messages:
    214
    Likes Received:
    15
    Occupation:
    Software Engineer in IBM, Bangalore
    Ok.. Sure.. Thanks Shabbir..
     
    vishuhd1, May 17, 2013
    Share #8
  9. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    Anyone seen Vakrangi Soft?
     
    sanjay_sansanwal, Nov 11, 2013
    Share #9
  10. saptarshi_sachin

    saptarshi_sachin Responder

    Joined:
    Jul 20, 2013
    Messages:
    285
    Likes Received:
    73
    Vakrangee posted good Q2 results, stock has gone up quite a bit.

    Now @ 77
     
    saptarshi_sachin, Nov 11, 2013
    Share #10