vizzie said:
Hi Saint!!
hope ur doin gr8..
need ur advice on some counters..
tata timken cmp 177
vbc ferro cmp 162
zicom securities
simbhaoli sugar
marico
plus ny pick of urs..
cheers
vizzie
Hi Vizzie,
Sorry for this late reply..........had been down with fever last few days.Apologies,my friend.
TATA TIMKEN :nice bullish breakaway gap after a long consolidation phase,so far holding that area.Monthly looking set to resume its uptrend.Look to buy over 184 with a stop loss at 148.Nice find as always.
VBC FERRO :In the process of establishing a higher pivot low on the weekly.So far so good.Keep it on your watchlist for possible entry soon.
SIMBHAOLI SUGAR :Once again,looking good for a further push up.Higher pivot lows and highs on the weekly.Hold if in.
ZICOM :This milder gradient uptrend in comparison to prior moves is worrying.That negative divergences on TRIX and RSI another reason to stay away.Unless something changes,best to put your money elsewhere.
MARICO :Higher highs and lows,it's now vertical.If in,great going.HOLD it.If planing to enter,I would wait for a pullback before doing so.
Great stuff,Vizzie!
Happy Trading!
Saint