Buy Balarampur Chinni

[jalanbk]

Dear Ashish,

I am not commenting anything on your prediction made earlier or what market expert are saying today.
I want to have your view can we enter now ??

 

[uasish]

if it closes below 64.00 then one can wait,however the low of 50.00 is not likely to come in coming days. Decision is your's as per your time frame & Risk/Reward module.

 

[jumboninja]

Dont Enter Sugar Sector B4 June Second Week If U R Smart Enough

 

[uasish]

jalanbk,
To be more precise buy if it closes above 63.75 ,otherwise wait.
I have covered at 63.10 my 70% which i sold above 64.00.

Asish

 

[karthikmarar]

Hi

I agree with Jumbo... Better to stay away from this one. The bearish phase which started early last May still continues. The stock is still below the long term trend line.

The weekly chart does show a bullish divergence on the MACD histogram. So if you are a contrarian Guy you can think of getting in now. But i would wait till the bullishness is established.

If you are a posiyional trader you should definitely stay away from this.

regards

Karthik

 

[uasish]

Nifty is now -30.85 & Balarampur +3.85

 

[uasish]

nifty -35.30 bajaj hind +3.78

 

[uasish]

nifty -41.15 balarampur + 3.7

 

[jumboninja]

DAY TRADERS CHECK MY POST FOR DAILY EARNING AND SAVING. INCLUDES TAX SAVING AND ASSET BUILDING

http://www.traderji.com/equities/11675-equity-daily-trading-tips-tracks-3.html

SEE THE LAST 2 PAGES EVERYDAY

 

[uasish]

Hi,
Mkt humbles me everyday, still i believe traditional indicators only tells us after the price has travarsed significantly.Hence we have to take recourse of other methods to anticipate a price of future, like pattern forcast,it also depends on past data & experience to forcast & the failure rates (as proven satistically by "Bullowski" in case of Patterns) is around 38% ,hence with this knowledge base we can reasonably assume the price activity of future.It will be an oppurtunity for me to put a chart of Balarampur Chhini (after Mkt hrs at 9.30 pm tonight)of 27th Feb where one can view why an entry at 51.65 was prudent on 28th Feb & why an Exit at 64.00 was also resonably known beforehand.It only enhances one's understanding of charts on logically discussions.
Nifty now -58.35 & balarampur + 2.81,this may reverse any point ,my yrs of daily trading & loss making has rudely taught me that we all know nothing is predictable but we all have to depend on THY BELIEF & EXPERIENCE .

Asish