Learning to catch High Probability Breakouts

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amitrandive

Well-Known Member
sir,
what's your opinion about small PSU Banks specially UCO Bank, I am observing that UCO bank is not able to cross 46 and sustain there on upper side and on lower side it is at45.60. what is your opinion about it I want to enter for short period pl. guide
thanks
amrit
Not a pretty site for any investor,if you have invested at the highs.
Chart looks very weak.Even though looks bottoming out , we may never know until further price action unfolds.

Seems like some support around 40 levels and lots of resistances.

If investing you would better like to pick some other banking stock,currently avoid PSU's.

Daily Chart of UCO Bank


 

amitrandive

Well-Known Member
Consolidated list of "top picks" by the following firms & gurus:
SMC Global, IndiaNivesh, MOSL, Cholamandalam Securities, Nomura, Credit Suisse, HDFC Sec, ICICI Securities, Eidelweiss, Religare, Porinju, SP Tulsian, Prakash Diwan, Ambarish Baliga

AIA Engineering
Airtel
Amara Raja Batteries
Anant Raj
Ashok Leyland
Ashoka Buildcon
Aurobindo Pharma
Axis Bank
Bajaj Electrical*
Bajaj Finserv
BF Utilities
Bharat Forge
Biocon
BPCL
Britannia Industries
Camlin Fine Sciences
Capital First
Century Plyboards
Chartered Logistics
Container Corporation
Dalmia Bharat
DB Corp
Deccan Gold
DHFL
Dion Global
Engineers India
Essel Propack
Force Motors
Gabriel India
GIC Housing
Granules India
Greaves Cotton
HCL Tech
HT Media
Hydro S&S
ICICI Bank
Indian Hotels
Indigo
Inox Wind
Jagran Prakashan
Jain Irrigation
Jamna Auto
Jet Airways
Kalpatru Power
KPR Mills
Lakshmi Vilas Bank
Lumax Industries
M&M
Majesco
Maruti
MCX
Natco Pharma
Nesco
PI Industries
Plastiblends
Reliance
SBI
Sintex
Siyaram Silk Mills
Somany Ceramics
Suprajit Engineering
Tata Global Beverages
Tata Power
Texmaco Rail
TV Today
United Spirits*
VA Tech Wabag
Vinati Organics
Walchandnagar Industries
Zee Entertainment

We can keep in watchlist and observe.



Warning :This list is taken from the net and not an investing advice.Please do your own research before investing.

Moderator, please remove post if found objectionable
 

newuser_RK

Well-Known Member
Not advisable to enter this stock at such high levels primarily because of low liquidity.


Daily Chart of GMBreweries



Disclaimer:This is for educational purpose only.
This one was not about current investment it was about the past learning's methods and how to analyze. Did u find any fault in the hindsight analysis? Though it may look easy in hindsight but it is not in the real time.
 
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