yesterday when the nifty added 102 JP remained where it is.I hope the share price to gain atleast 285before bonus.why it is not showing in the chart.can any body help
dear bhavin metha
my own feeling is this is a high beta share
why i booked lose is post bonus i feel i can take back my shares at a pretty low price
in fact after my purchase at 236 it went up to 268 but i waited for crossing 300
it started falling
came up to 197
that day i decided to sell it
yesterday i sold at 229
it is holding at 230 level only because of the bonus issue
more over i dougt that they can not achieve their projected target in coming quartes
dear sir
i am not repenting
instead of getting a deep burn suffer superficial burn
it will heal with out medication
since this is a high beta share and their future projections seems to be a tower talk
i exited
after ex bonus when market is dwon i can take it at lower level
my calculation is i was holding 1350 shares at 236 equal to3lac 19 thousand including brokareage i was supposed to get 675 shares as bonus total 2025
i can take this 2025 shres at the rate of 135 very easily
now i will shift this money to under valued shares not now when market comes to 4600 level
when dow crosses 11 thosand world market will correct
i can name a good defencive share
jkpaper i put a bid at 37.50 but i did not get it today
another one mic electronics try to buy around 35
i brought this shre 6000 at 36.70 on 4th november and i sold it yesterday at 40.50
again it will come around 35 buy again
jk paper is strong share and also recommended once in moneylife magazine of sucheta dalal.but it is close to forming a double top.after 45 either it will spurt or will fallto 30 levels.as on date reward risk ratio is not positive.i have taken chance with shree precoated steel at 16.4.wwil is also future growth share on my thread i had given advance indication.
dear sodhan
i will enter jkpaper around 37 only
for shreeprcoated and wwil i need more follow up and then find out the entry price
no hurry
market will be up and dwon
i am trying to collect mic electronics
on 4th nov i got 6000 at 36.70 and i sold iton 11th at 40.50
again waiting to catch around 37 very defensive share with good future prospects with good liquidity
i have kept enough money to catch i f c i if it comes 49
but i think remote chance now
pleae keep an eye on mangalore chemicaland fertiliser around 17 it is a good pick and very safe
mangalore chem and nocil i keep constant watch,mic elec analysts on tv has given negative view but as co is in lighting diodes has monoply 35 to 37 level is ok.studying v guard and pipaviv for short term oppotunity.will catch tv18 around 72 levels now it is up. fact is all low priced momentum shares are costly and much margin is not there as they are risky also.