New Intermed Uptrend!!

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Saint said:
Hi Ramesh,

ARVIND MILLS :Think it looks great,we have bullish divergences,volumes slowly creeping up,stochastics are in oversold area on the daily and weekly.Looks like steady accumulation inprogress.I would be entering with half position on Monday.Great HOLD.For those entering now,with a stop at 88.

Looking good!

Saint
......and finally taking off!

Saint
 
Saint said:
Hi Roneeth,

ARCHIES :Yep,so far this pivot low formed on 6th Feb looks like holding.Previous pivot low around 180.That 203 that you mentioned was a previous pivot high.As for atrade here,this is still in a sideways pattern.Now take out your weekly charts for a clearer perspective.Every bar is forming lower highs and lows with the previous bar.Once this takes out the previous high,look to enter.Till then,a wait and watch.For now a buy over 200 only,but next week,buy over this week's high(which is so far 187).

All the best!
Saint
Hello Saint,

Thanks for the guidance.Learning a lot from you....Archies mad a high of 194 today.I am in Arvind mills too ,but only half the share size.Where can i add more?Is it on monday over this weeks high?Great going on Mcleod Russel...but i guess i got stopped out prematurely on the day the market slipped.

Thanks and Regards

Roneeth
 
roneeth said:
Hello Saint,

Thanks for the guidance.Learning a lot from you....Archies mad a high of 194 today.I am in Arvind mills too ,but only half the share size.Where can i add more?Is it on monday over this weeks high?Great going on Mcleod Russel...but i guess i got stopped out prematurely on the day the market slipped.

Thanks and Regards

Roneeth
Hi Roneeth

Could add the other half here in Arv Mills,or more conservatively,could wait for Monday and addover today's high.

Saint
ps: ouch on mcleod,thought u were still in........never mind,missed money better than lost money.
 
Saint said:
Hi Roneeth

Could add the other half here in Arv Mills,or more conservatively,could wait for Monday and addover today's high.

Saint
ps: ouch on mcleod,thought u were still in........never mind,missed money better than lost money.
Hello Saint,

Thanks for your prompt response.Yes ouch....on Mcleod.

Regards

Roneeth
 
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