Career Point Infosystems Ltd IPO Message Board (Page 5)

Dear Lost in Market,

I don't know how much knowledge you have in stock market, from tomorrow circuit filters will be active for this stock, 20% on either side, I think today it was closed at 620 around, max. up is 620+20%=744 and lower side it is 620-20%=496.

@Lost in market,
Sorry if I have hurt you. Please understand the markets before investing or take the guidance of some knowledgeable people. But once you take their guidance you must believe them fully. Should not shout at them or blame them on short time losses here and there.

@892. Ravi, Bangalore. SO does that mean that we can hold Career Point if it can see 960+ or at least 810+ in less than 1 month? I would prefer if it can see 1000+ in one month as I hv 25 so I will cover my initial investment. Today my share value is jst 15800 and I invested 26k few days back. Though, out of those 26k, some money went in covering -ve margin and I also bought 100 KGL so actual loss is 6-7k but I want to double the money in less than 2 months. Ready to do BTST everyday.

Will it see 800+ tomorrow it self or I shud hold for few days for 950+ target? Pls advise.

IT REACH 661 NOW WHAT YOU SAY ABOUT IT. KYA YEH KAL CHALEGA

Dear Lost iN market at 889

I will give you advice

I will also advice you not to post your sufferings here

people here will either give you sympathy or make fun of you

very soon in fact by today i will post my email id

in my profile for public..on chittorgarh

you can note it down and give me test mail

I will give you some good stock for 3-5 years

just to add and invest in monthly and quaterly form

have patience

dont see other stocks rising and falling

Your time will also come

just follow my advice

I started with 5 lakhs....given by my dad

in first year itself i lost 1 lakhs by stupid trading

but now after 10 years of investing and 6 years in broking

i am sitting on networth that is above a crore

dont believe me...!!

then give me test mail

i will give you my latest income tax return as of March 2010

Regards

and next time dont disclose your sobbing story otherwise you know people here

SETU
(Sj)

887. Lost in Market

After looking at chart, my interpretation is as follows: -

1. Short covering happned from 620
2. Delivery buying happened from 592
3. For investors, every dip till 520 is buying opportunity with a stop at 500. For swing traders, stop-loss should be 570.

Giving target with limited data is subject error. However, I interprete Resistance as 736, 814 or even 964. That means, partial profit booking required above 700, 800. Above 964 ~ 1000 is Extremely High Trading Zone.

For meaningful analysis, at least 5 days, for satisfactory analysis one month data required.

My analysis is based on limited data, hence, some error expected.

@Lost in market,
Think twice before taking any fresh loan for putting into the market. Don't blame me, but in my opinion you jump here and there without understanding the market, and hence the loss. If you take a fresh loan and put it in you may again be "lost in market", by the way you do things!

It seems many people got caught shorting it in the morning.

@KK Natarajan. It may be meaning less for you as you are not in loss. But v dffclt for me to see my old shares going up and up while I am still losing even after putting, 10k 20, 50 or 75k. Need to cover this money at any cost in 2 months + buy my old shares (Unitech, KGL, GMDC, Central Bank, MIC, Walchandnagar Ind and TRIL) in same Qnty (total value today around 28k). If I cannot cover the loss through this new investment of 16k (was 24k a week before but now only 16k) then I might need to take loan to buy these shares back and invest more to cover loss. That's why I need some expert guidance or a stock like LIC, Tata Motors, VENKEYS or VIP IND which jumped 800%-2000% in jst less than 20 months.

@aRYANrAJ,
I appreciate your patience in engaging yourself in such a long rally, however meaningless it is, with "lost in market". I also appreciate "lost in market" for one thing: the perfect chittorgarh identity he has chosen!

@885. Ravi, Bangalore. Career Point closed at 628. I have this at 635 as last buying price. Will it see 750-775 tomorrow?

@aRYANrAJ. It closed at 628 and not at 660. So I am again in loss. Anyway, will it see 760-775 tomorrow? How is TechM and Bajaj Hind for 1 month hold for target 1200+ and 215+. Pls suggest.

881. aRYANrAJ

You have made profit, not loss. Market will not close from tomorrow. Got profit, enjoy!!!

I have taken decision without using any tools like RSI, Stochastic & made profit of Rs.7,500 just by using NSE web-site chart & Pivot Point & Fibonacci available in internet free web-sites!!!

I am carrying my allotments for tomorrow.

Dint expect to run this much. Sold at 503, 550, 560 and the last 5 at 616. I doubt whether this deserves this kind of valuation. Once the initial euphoria dies out will try to find its fair value at around 450 to 475. Correct Sreedhar?

@aRYANrAJ. I want to cover my loss from the market at least before I leave it. I know that it is not good to buy and sell. I might have generated 500 Rs. of Brokerage. But can't help. Anyway, if I get good calls, I can cover at least some loss. Any advise or call will be highly appreciated. Pls help and suggest me. Holding Career Point now and the CMP is 660. Hope this will cross 750 tomorrow and should I put off-line order at 760 tomorrow? Can buy other stock tomorrow once we sell CP.

876. Sj

When RSI & Slow Stochastic crosses upwards beyond 50 BUY, if crosses downwards below 50 SELL. One or two times it may give whip-saw. But couple of times you get good profit.

Rest of the time, don't give call. It will give whip-saw / false signal, people getting free tips blame you.

50 is middle-point of BUYERS & SELLERS. Price is discovered through fight between BUYERS & SELLERS. Hence, 50 has significance. To discovr this, I lost Rs.50,000. People will blame, but who will give me those Rs.50,000. That is why I ask them to give tips, while we are analysing chart they don't know how many parameters we over-come to conclude our decision.

@ Ravi,

I made just 760 profit by shorting 100 shares. :-(

@ lost, this is why you make losses in market. You buy and sell as if there is no tomorrow. People here are greedy who want to make money in months, you want to make money in minutes.

Sincere advise to your benefit, stay away from market. It's not your cup of tea. You can curse me for this comment but truth is always bitter.

874. aRYANrAJ

Why are you chasing? You have got profit already.

@875. Anonymous. I did not make any gain today. Started the day by selling HOV Services in 10 Rs. loss. Bought CP at 600 sold at 590, then bought Eros at 200 and then sold at 194, bought CP again at 612 and then sold around 595 again, bought EROS at 197, sold at 194, bought CP again at 614 and the sold at 623. Now bought again at 635 :(

So overall no profit at all. It must cross 1000+ in 2-3 days then only I will be in some profit (or less loss)