Thanks for the advice Saint. I had entered BOM DYE about 3 weeks ago and booked profits when it had its big run-up so just curious if it was prepping for something similar. Wishful thinking I guess
Maybe,maybe not.........but careful on an entry here.The weekly charts need some sideways to down movement before a further climb(of course,none of all this applies to stocks like Unitech!)....anyway on Bombay Dyeing,great trade and sweet profits.But,if you are planning a medium term add,hold off for now.
If you are looking at this on a medium term basis,and would like to catch it on its uptrend,let it make this breakout and then pullback to a higher pivot low before committing funds to it.As it stands now,looking all over the place despite a 7% move today............a chart must be sooooooooo juicy that you can't help but trade it.Else avoid it or keep it on your watchlist.
Wait and watch for now.Only once we get a close over 300 would this one attract our attention.Till then,don't bother abt it.Once we get a close over 300,then another matter.
Well done Balaji.........once again,same advice,do nothing except raise your stop loss to 255.Great trade,great gains,this trade is definite profit.......now comes the hard part,....to prevent the mind from counting gains and getting afraid of losing the gains and exitting immediately.
Hello Saint,
Plz give me your valuable comments on this stock. Polyplex corporation ltd
I bought 300 shares @ 151 for medium term
Thanks in advance,
Regards,
Avanish
Can you please advise on Reliance Industries? Today it came down heavily, so I am worried about it. Still will it come down further or consolidate here?