Few months back i had mentioned about this stock is Wellpack Papers and Containers as a stock which is highly overvalued and manipulated.
After a few months the stock has since then declined to 40 levels from a high of 130 !!. Even at this price the stock is highly overvalued and is a SELL !
Hope the warning might have reached people on the net who blindly buy.
Given below is the current chart
NOW !! 130 to 40
Another stock which i am looking into is SVC resources which looks a similar story.
Wishing everyone a Happy Dhanteras
Regards,
Nooresh
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November 3, 2010
Nooresh,
Wish you and your family a very happy diwali!
Thanks for posting this…this enables us with more knowledge..
One query – Kaveri seed, gone up to 380/,…u r view please…is it a good time to buy for 6 months view? or wait for come back to lower level?
Thanks again!
Mihir
November 3, 2010
Hi Mihir,
Thanks for the appreciation.
Kaveri a time to book out fully
November 5, 2010
stopped out in kaveri seed @ 270 🙁 …. could’nt make profits
November 5, 2010
Hi Himanshu,
Had mentioned then the stock will test patience.
Regards,
Nooresh
November 3, 2010
sir, there is ur post on this blog 2 years ago (the big debate-bottom for indices…) & what a analysis market exactly behave like ur thoughts………at that post u comment that some analyst were thinking that market will make its bottom around (november 2010) is it still intact?
i think we might be very close to the 5th wave from march2009 lows…(or its happened allready with 6284?) please throw some light on that, as we runup so hard & fast will invester getting chance to enter in market around that level where nifty makes 17% something huge gapup opening or it is now only a dream ????????? thanking u plese reply
November 3, 2010
Hi Rk,
The view then was March 09 as the bottom area. I expect a top out around 22.5k/24k for now.
Well i dont look into the internal wave structure but the current B wave can do 123.6% also.
In my personal view you may not see 12k !!
But there is a good possibility of a nice deep correction after this move but we will see as it goes.
November 3, 2010
Hi,
You are doing marvelous job of educating investor.
Please guide me in tulsi extrusion.
November 3, 2010
Hi Teju,
Tulsi also seems to be a similar case of a pump and dump on technicals. I have my reservations on stock listed in last 2-3 years
November 3, 2010
Hello Nooreshbhai,
Your blogs are always eye-openers to all the readers. Small investors may get trapped in sharp moves & fake trading of stocks. Thanks to you for throwing light on it.
Wish you & your team, a very Happy Dhanteras!! 🙂
November 3, 2010
Hello Nooreshbhai,
Your blogs are always eye-openers to all the readers. Small investors may get trapped in sharp moves & fake trading of stocks. Thanks to you for throwing light on it.
Wish you & your team, a very Happy Dhanteras!! 🙂
Asawari
November 3, 2010
Hi Asawari,
Just sharing some insights when i can 🙂 . If i focus on them then there are just too many stocks being rigged
November 9, 2010
just keep writing the stocks name so investors dont get into them…
dont write more..
November 4, 2010
Hi nooresh,
Happy Dhanteras . Today i bought 1000 shares@Rs.165 of Globus Spirits Ltd.. Please give the targets . Can it go to Rs.200
November 4, 2010
Hi Nooresh,
I am having 200 shares of satyam ( purchased at 105/- ) . Can you please share your thoughts whether i can hold them or not?
Thanks,
Phani
November 4, 2010
Hi Nooresh,
I am having 200 shares of satyam ( purchased at 105/- ) . Can you please share your thoughts whether i can hold them or not?
Thanks,
Phani
November 4, 2010
Is Zicom on same track? Do you know whats happening with that stock, Nooresh?
November 4, 2010
SIRJI IT’S GIVE BONUS 3:4