17 November, 2024 21:26 IST
Transcript of Chat with Mr.Sumeet Rohra,Technical Analyst,Gandhi Securities - 14th June 2002
[04:26:53 PM] => Myiris: Welcome to the live chat session.
[04:29:54 PM] => Myiris: Our guest today is Mr. Sumeet Rohra, Technical Analyst, Gandhi Securities.
[04:31:26 PM] => Mr. Sumeet Rohra is a technical analyst with Gandhi Securities. At the time of this conversation / chat, Mr. Rohra may or may not have positions in the stocks mentioned below, although holdings may change at any time. The views expressed by Mr. Rohra is based upon information that he considers reliable, but does not represent that it is accurate or complete, and it should not be relied upon as such. Mr. Rohra, his company and its affiliates, officers, directors, partners, and employees may, from time to time, have long or short positions in, buy or sell and deal as principal in the securities, or derivatives thereof, of companies mentioned herein and may take positions inconsistent with the views expressed.
[04:31:49 PM] => None of the information contained herein constitutes, or is intended to constitute a recommendation of any particular security or trading strategy or a determination that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person. You should consult with and rely upon your own advisors whether and how to use such information in making any investment decision.
[04:32:56 PM] => Lastly the views expressed by Mr. Rohra have no bearing whatsoever with that of IRIS Ltd. IRIS does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. IRIS especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its website www.myiris.com.
[04:33:19 PM] => Myiris: Welcome to the chat session, Mr. Rohra.
[04:35:29 PM] => alimohsin : When do u think our market will come up?
[04:36:11 PM] => SR : The markets will remain in a trading range of 3400 to 3100 and a break above this level should take markets up , this should happen sometime in next quarter.
[04:36:24 PM] => sancompuad1 : What do you expect for the share market ?
[04:36:40 PM] => SR : Markets are stock specific pick the right story at the right time.
[04:38:00 PM] => rajesh2908 : Regarding Nagarjuna Fertilisers - should I buy?
[04:38:24 PM] => SR : There is some buying in fertilizer stocks.
[04:40:44 PM] => ucadhyaru : what price in July 15-02 of RIL at BSE/NSE
[04:41:53 PM] => SR : 315.5
[04:42:22 PM] => rajesh2908 : Advice Current Low Value shares for quick benefits.
[04:42:44 PM] => SR : GNFC, GSFC, Gujarat Industrial Power.
[04:43:55 PM] => sfbumb_jal : what is your opinion about emco transform? should I buy this stock at current level?
[04:44:19 PM] => SR : No idea.
[04:44:59 PM] => facitbala : How TISCO share will move?
[04:46:07 PM] => SR : Tisco will fare well with steel prices moving up.
[04:47:12 PM] => arunbruce : I am new to stocks. But would like to invest. I have a one year time horizon. Which stock would your recommend?
[04:47:34 PM] => SR : Would advice u to buy Telco, Zee Tele , HPCL and BPCL.
[04:48:26 PM] => bubnark : How do you rate the buy back of S.E.A Marine ltd. What price do you think it should be?
[04:49:12 PM] => SR : There is a lot of controversy going on. It is anyone guess.
[04:49:40 PM] => topworld : How does Cummins India appear at the current levels?
[04:50:29 PM] => SR : Excellent support at 45 level decisive move above 65 will take it to higher levels.
[04:51:48 PM] => musunuribalu : May I hold Andhra Bank shares for another 6 months, if that's the case how much may be my returns. I got allotment in primary market. and what will be the growth prospectus of Andhra Bank.
[04:53:15 PM] => SR : U can hold it , a lot of activity is happening in that. u could see a price of 20 in 1 yr.
[04:54:09 PM] => prashantp_72 : should I hold on to Telco & Rel.Petro or sell at current level?
[04:54:49 PM] => SR : Telco, excellent results, good base at 135-140 levels. hold with this stop levels.
[04:55:37 PM] => neelam_ashwini : should I buy Moser Baer at present level?
[04:56:25 PM] => SR : Moser Baer is in a trading range of 309 to 246 , one can buy at lower levels.
[04:56:55 PM] => vsgrao : What are the prospectus of Hikal Chemicals Ltd?
[04:57:48 PM] => SR : EPS of 20 per share , full year could be 40 with small equity one can hold.
[04:58:39 PM] => prasannr : Pl give your feel for KLG Systel and Tata Finance. Also, which are the absolute best stocks to invest keeping a year time frame?
[04:59:51 PM] => SR : Telco looks good to me, along with NIIT , Titan, HPCL, BPCL. KLG Systel has turned around this quarter, Tata Finance hold with stop 21.
[05:01:05 PM] => tallamsiva : Hi Sumeet, I bought L&T shares at 175 one month back. What is ur suggestion it is good to hold or sell. Is there any good shares to buy?
[05:02:35 PM] => SR : Gujarat Industrial Power , GNFC, and GSFC.
[05:03:15 PM] => bhabani : what is the near trend for BPCL?
[05:04:11 PM] => SR : BPCL has made an excellent base at 240 levels, stock looks strong and strong upsides are possible taking it to 310 levels.
[05:05:38 PM] => shindesuresh : what you think about Neclo?
[05:06:32 PM] => SR : Nelco has moved up sharply from 30 levels on order talks a cautious approach is advised at current level.
[05:11:03 PM] => sanjay_narula : what is your suggestion to an investment in Vijaya Bank and Dena Bank at current level of Rs.14.
[05:11:50 PM] => SR : No idea.
[05:14:31 PM] => Ashmaparekh : What's your call on Nalco and Ballarpur Indus?
[05:15:18 PM] => SR : Nalco is up for disinvestment. Excellent support at at 93 levels use that as stop loss or else continue to hold, Ballarpur has started movement faces major resistance at 54 levels. if does not cross book profit and re-enter above 55 levels with stol of 52.
[05:16:16 PM] => c_rajagopalan1977 : Suggest entry levels for Punjab Tractor, IT & T, HOCL.
[05:17:14 PM] => SR : Punjab Tractor, good level is 145-150 levels for entering , IT&T there is lack of liquidity anyway excellent support at 42-44 levels, HOCL looks to have topped at 36 levels , break below 23 will create lower levels.
[05:18:18 PM] => Raghu091 : Any multi-baggers in your list?
[05:18:34 PM] => SR : As such no multi baggers.
[05:18:48 PM] => Burua : Please suggest some short-term buys.
[05:19:36 PM] => SR : GNFC looks good along with Gujarat Industrial, and MTNL, BPCL, NIIT above 280 levels.
[05:20:00 PM] => Manohar : How do you foresee the FMCG sector growth this year?
[05:20:41 PM] => SR : We expect the growth to be subdued in the region of 6-7 %
[05:21:59 PM] => Hemant : What's the outlook for the Sensex next week?
[05:22:28 PM] => SR : Sensex is correcting after a good rally around 3280 good time to buy into stocks.
[05:23:11 PM] => Naresh : Should I buy Digital Globalsoft now?
[05:23:43 PM] => SR : Digital is a good buy at lower levels with stop loss of 613.
[05:24:44 PM] => Anuragj : Are PSUs still attractive? Please name a few which is worth entering.
[05:25:22 PM] => SR : Yes, certain stocks look good like BPCL, HPCL, along with Concor which is going at a P/E of 6.
[05:27:01 PM] => Mathur : What's your opinion about Hexaware, SSI?
[05:27:25 PM] => SR : SSI is bearish on charts a move above 175 levels will take it into bull territory.
[05:27:59 PM] => NJ : What do you think Sterlite Opticals at the current levels?
[05:30:41 PM] => SR : There is not much downside from current levels it has an excellent support in region of 100 , there are lack of triggers in short term , but should do decent in medium to long term.
[05:32:22 PM] => nayan_parekh : Could you some ten baggers in medium and long term.
[05:32:42 PM] => SR : This is as good a call as urs
[05:32:55 PM] => Mohit Agarwal : Is there any good news for fertiliser scrips?
[05:33:15 PM] => SR : Yes, new fertiliser and chemical policy is expected soon this would have impact on future profitability of companies.
[05:33:40 PM] => Guest32 : Do you recommend Infy for long-term?
[05:34:59 PM] => SR : Yes, I do recommend Infosys for long term but at a price around 2800 levels.
[05:35:24 PM] => Mansi : Your views on Zicom?
[05:36:12 PM] => SR : Immediate stop loss is 48. Break below lower levels seen.
[05:36:37 PM] => Bhatt : Please advise on Bajaj Auto.
[05:37:03 PM] => SR : Is a strong stock. 470 levels should be used as stop loss.
[05:37:31 PM] => Piyush333 : What is your opinion about Morepen Lab? shall I hold on?
[05:37:49 PM] => SR : Its currently on a downtrend. Better to stay away right now.
[05:38:25 PM] => bkm999 : Advice me on Mastek and GIPCL Pls.
[05:38:46 PM] => SR : Mastek - buy, GIPCL- good for the short term
[05:42:31 PM] => Myiris : That's the end of the chat session for the day.
[05:42:48 PM] => Myiris : Thank you all for logging on and sending in your queries.
[05:42:57 PM] => Myiris : We thank Sumeet Rohra for his time and valuable inputs.
[05:43:03 PM] => Myiris : Bye for now...wish you all a happy weekend!
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