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Showing posts from July 1, 2015

Bharti Airtel

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BHARTIARTL  (420) - Support 420-415 and 405-400 above that upside target    455--465  &  490-510

Bank of India

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BANKINDIA  (171) - Already posted on 12th May itself and now once again remind it.  Now resistance 185---192 Below that down side target 150-145 and  ULTIMATE DOWN SIDE TARGET 137-127

Arvind

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ARVIND  (268) - Support 256--252 Above that upside target 296-300

AMTEK GROUP STOCKS PRICE MISMATCH

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CASTEXTECH (236)  -   Posted on 25th May and said target and top out 230-240 ,when it was trading at 154 , even though, that time, it came from the low of 40 to 154, that to non-stop, But the top out target attacked yesterday , yesterday it was upper freeze at 236. now the thing is  AMTEKAUTO   (159) have three listed subsidiary ( holding % in bracket) that includes CASTEXTECH   (71%) ,   JMTAUTO  (72%)  and  METALFORGE  (49%)  as on 30th June 2015 the followings are the total market capital value  and its % holding value of its subsidary CASTEXTECH  -- 6569 cr -   & 4670  Cr JMTAUTO ---  1270 cr  &  914  Cr METALFORG --  460 cr  &  225  Cr so total holding value  5809  Cr. whereas AMTEKAUTO value as on 30th June --  3507 Cr  that means , at present, as on 30th June Closing price of 159 , this stock, market capital is valued at negative value of  2302 Cr. Now the unresolved  question is why is this kind of mismatche