In the last few months we have been selectively picking Auto Ancillary Stocks and shifting after making good gains. The last 3 good trades were Autoline Inds 140 to 180/200. Motherson 155 to 185 , Auto Corp Goa 320 to 390 the next pick we have come down to is Rico Auto which looks interesting with medium term outlook.
The stock should ideally target 40 levels in medium term.
Disclosure:
Recommended in Delivery Gains/QuickGains at 29/27 :). Intended purchase over.
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Nooresh
August 25, 2010
Hi sir , This is Ashish and shall i buy RICO AUTO INDUSTRIES ? and medium terms is for a month or more than that? plz recommend thanks ..
we have come down to is Rico Auto which looks interesting with medium term outlook.
The stock should ideally target 40 levels in medium term.
August 29, 2010
Ashish,
A strong accumulate
August 29, 2010
Hello sir i got RICO Auto at rs 30 after that stock fall shall i buy more any advise ?
and what is gold up to for september month ?
will it going to touch and cross new high or a fall? gold maximum , minimum for september month any recomendattion ?
thanks reply as soon as possible …
Ashish!1
August 25, 2010
Sir bought some lincoln pharma and rico auto n sold camlin n rishi laser … Where should I look to book gold … Bought 2 mini at 18050 (1180) . Is the rally going to continue and will it surpass 1270 within the next mnth … Don’t ask for my identity .. I m just a well wisher n a follower for abt 4 yrs .. Keep Rocking !!!!
August 29, 2010
Rico Auto looks interesting with a 1-3 months perspective. Lincoln need to study in depth but a good stock to take small exposure. Gold i doubt 1270 can be crossed in near term. Time to take a short view closer to previous highs
August 25, 2010
Sir bought some lincoln pharma and rico auto n sold camlin n rishi laser … Where should I look to book gold … Bought 2 mini at 18050 (1180) . Is the rally going to continue and will it surpass 1270 within the next mnth … Don’t ask for my identity .. I m just a well wisher n a follower for abt 4 yrs .. Keep Rocking !!!!!!!
August 25, 2010
Sir what is your view on Jaysree Tea. Is it still hold as stock is not performing like TATA COFFEE.
August 29, 2010
Hi Amit,
Got a trailing stoploss hit
August 31, 2010
Dear Nooresh,
I bought Rico Auto aroung 30 range and holding it. Can i accumulate Rico auto now or come out from this range. what would be the stop loss for this??
Thanks in advance
Regards
Rithik
September 13, 2010
Hi Nooresh,
Market has crossed 5750 and Mr. Rico Auto is down.
Does it still look good for your targets (1-3 months)? I bought at 30 levels.
Please suggest.
Regards.
Pranav.
September 13, 2010
Hi Pranav,
I think u need to get ur basics right 🙂 Market is of Nifty 50 stocks 🙂 And it does not mean that all stocks will go up !!!
If you dont have the patience for 3 months exit
September 14, 2010
Wokay sir. Will keep patience for the next 3 months…Thanks!