Long or Short Opinion

[scplindia]

Are you suggesting these stock are in a down trend

 

[rajputz]

Are you suggesting these stock are in a down trend

Yes - Hind Petro and BPCL are....

No - Hindalco has reversed the trend on pattern, but is weak. If it closes above 148 then we can consider it strong to upside...doesnt seem like yet. Facing resistance...

 

[scplindia]

What do you think of IOC, which falls in the same class as BPCL, & HIndpet

 

[rajputz]

IOC was also a ghost. I didnt see it cause i dont track the stock. Its not gave a exit yet. Between 334 and 328 is a no trade zone now. Lets c if it bounces back above or below. Closing above or below these levels can give direction now. Long above and short below.

 

[scplindia]

IOC, HINDpet & BPCL all three stocks follow same trend, no major difference in behaviour of these stocks, all are in the same identical business with similar sort of govt holding.

 

[rajputz]

I am testing a new strategy over the KWIKPOP afl. The analysis i do is for delivery or medium term trend based. Future can be sold or bought. Over analsing with it. I found ALBK good to be shorted. Also the Oscillators are weak for the stock. A fall can come any time. CCI movement is also weak. Please check the charts: -

 

[rajputz]

Check Canbk for sell of tomorrow. Price has broken the lower pivot. Also CCI is confirming the move...

 

[rajputz]

geship is also gaining strength to upside. Any views????

 

[rajputz]

Trend is changing on Yesbank also. No Possible upside seen yet. Close below 277/30 can take it to further downside.

 

[rajputz]

I missed it but just caught my eye. CCI has formed a Ghost pattern on DLF. For buying side. Also the KWIKPOP has suggested me a long buy on it. A close above 286 is required to take the price to new high levels. Check it.