New Intermed Uptrend!!

[Saint]

Hi Saint,

What is your opinion on Balrampur Chinni.......can enter now?or wait?

Jay Raj

Hi JayRaj,

Looking better than most,as it consolidates via time more than price.........meaning that prices are going sideways ,instead of down.Looking good........but not yet,keep it on your watchlist.Looks stronger than many others,so keep an eye on this one.........but entry wise,not yet!

Saint

 

[Saint]

Hi Saint,

Could you have a look at HMT.....it broke out of an asc triangle(I think) and now pulling back.....I know the market is not looking good,but still,what is your opinion on this stock?

Thx in adv

Avinash

Hi Avinash,

Yep........looking good.But careful,anything here is aggressive.....but nice pattern though.Now sitting on that support line........if this breaks though,careful.For now,keep it on your watchlist.

Happy Trading!!
Saint

 

[avinash]

Hi Avinash,

Yep........looking good.But careful,anything here is aggressive.....but nice pattern though.Now sitting on that support line........if this breaks though,careful.For now,keep it on your watchlist.

Happy Trading!!
Saint

Hi Saint,

Thanks..............would you say that from the longer term view,we are still in an uptrend,but from intermediate view,this intermediate uptrend's over after the last few days.

Avinash

 

[avinash]

Karnataka BK cracking.........my first short,and success,.....so far!

Thanks Saint

 

[Saint]

Hi Saint,

Thanks..............would you say that from the longer term view,we are still in an uptrend,but from intermediate view,this intermediate uptrend's over after the last few days.

Avinash

Hi Avinash,

Yep,my friend...........the intermediate uptrend as far as the market is concerned is over!

We are still in a long term uptrend,we are still in abull market,this is nothing but a correction in that bull market............but yes the intermediate uptrend is over.

Now we wait for the next intermediate uptrend ........

Saint

 

[jraj]

Hi JayRaj,

Looking better than most,as it consolidates via time more than price.........meaning that prices are going sideways ,instead of down.Looking good........but not yet,keep it on your watchlist.Looks stronger than many others,so keep an eye on this one.........but entry wise,not yet!

Saint

thx saint!

 

[jraj]

Hi Avinash,

Yep,my friend...........the intermediate uptrend as far as the market is concerned is over!

We are still in a long term uptrend,we are still in abull market,this is nothing but a correction in that bull market............but yes the intermediate uptrend is over.

Now we wait for the next intermediate uptrend ........

Saint

sounds scary though...wonder how much more we are going to fall from here!!

 

[mkshekar]

Hi saint. thankyou so verymuch for looking out for me. i really appreciate it. I was able to get out of divis at 1472 only. good though i did .thanks to you.maybe I shouldnt fall in love with divislab. But Ireally feel it is an excellent stock to hold. Iwould appreciate it if you could tell when and at what price to make an entry again. what do you feel about the scrip after todays drub saint?and would you suggest 3 or 4 scrips to enter after the deubbing is over perhaps.Like financial tech,and Divis if so.

 

[nkpanjiyar]

Great you got out .........but got back in at 1498?!!!??Why?What is your entry set up,my friend.............You know what's going to happen?You're going to buy at 1578,sell at 1554,buy at 1498,sell at 1444,buy at 1386,sell at 1350.......by then you're disgusted,frustrated,exasperated,dejected,
disappointed,irritated.....and guess what,the stock shoots up to 1450,you say now that you are not going to fall for this one,the stk shoots up to 1555...and as you look on bewildered,astonished,amazed,confused,surprised and shocked,..........voila,the stock is at 1800,and higher.

This strategy is not going to work........you are guessing an entry point .And the price you may pay for it may be a bit too painful to bear,my friend.Please be careful..............I do not disagree with you,Divis may go higher,but may go lower first before it goes higher.

Caution,my friend,please...........this strategy may destroy you.

Just looking out for you.........

Saint

Very well said Saint. I was too victim of such syndrome. Nice elicitation friend.

Thanks,
nkpanjiyar

 

[Saint]

Hi saint. thankyou so verymuch for looking out for me. i really appreciate it. I was able to get out of divis at 1472 only. good though i did .thanks to you.maybe I shouldnt fall in love with divislab. But Ireally feel it is an excellent stock to hold. Iwould appreciate it if you could tell when and at what price to make an entry again. what do you feel about the scrip after todays drub saint?and would you suggest 3 or 4 scrips to enter after the deubbing is over perhaps.Like financial tech,and Divis if so.

Hi mkshekhar,

This area is crucial for DIVIS ........if this can hold these levels(1370-1440) and go sideways,looking great for a resumption of its intermediate uptrend.For now,a wait and watch!

Saint