Yep,NK,Agreed.......super blast off in this one,first target of 290-300 area after which keep trail stopping upwards and squeeze every last drop of profits as possible.Great going,my friend!!
Dear Saint,
Thanks a lot for the great info...
Another stock to wath for would be manali petro..
Cheers,
Saint said:
Hi Alok,
Most welcome,my friend!
TAMTEL:I don't seem to have the charts for this one.Apologies!
RASHTRIYA CHEM:Total slish slosh all over the place.No clear cut trend.Keep your funds away from its uncertainties.
PTC :Yep,looking good..........nice wide range bar breakout a few weeks ago,followed by a pullback.Buy at 62 with a stop at 57.Then trail stop upwards.
PRAJ INDS :So far ,to plan.We had a breakout from a symmetrical triangle on the daily.Weekly looking set to resume its uptrend.Raise stop loss to 200.Hold.
Many of the above stocks are showing bearish divergences on the RSI and TRIX,as is the general market.The time for CAUTION is once again here.So take some profits and tighten stops.Get out if stops hit.
Thanks for the updates.Really helps as I am in quite a few of them.It is great that you take the time and update the calls that you made.
As for the market(NIFTY),as Srisara mentioned somewhere,there are bearish divergences on the TRIX and the RSI,daily and weekly charts.Please post your comments.