New Intermed Uptrend!!

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Hi Saint,

Truly glad to see you back again......and to see this great thread resurrected.

I wonder if and when you find the time,if this thread could be more of a learning thread.No tips per se(we have a big no. indulging in that already),but just charts with some teaching in it.

Avinash
Hi Avinash,

Thank you for your kind words,my friend........think Jaykiru is already doing that.Maybe every now and then,we could do some analysis of certain stocks.Not really any recommendations,just some analysis and learning.

All the best!
Saint
 
dear sir,
panacea biotech seems to be on raising trend as they are scouting for buy out ot US certain strategic company. in my opinion the stock should climb upto 400 in a month.
sundar
 
dear sir,
panacea biotech seems to be on raising trend as they are scouting for buy out ot US certain strategic company. in my opinion the stock should climb upto 400 in a month.
sundar
Hi Sundar,

Well,I guess anything can happen in a stock market,but from a charts perspective,it is still in nothing but a sideways trend.No signals yet to get long.Best to look elsewhere.There are many beauties out there ......rather than risk capital on a gamble play based on news,there are systematic ways to pull money out of the market.

Not saying that it can or cannot reach 400.The point is: There is nothing yet on the charts to clearly go long here.I would stand aside rather than taking a gamble and then praying.

Saint
 
Hi Saint,

All three(Siemens,Suzlon,TCS)doing well.Thanks!!:)

Jay Raj
Good for you,Jay Raj............Am in all three myself .All 3 are holds for now.Ride the trend and enjoy the ride.

Haven't updated data for the day as yet.Shall update stops,etc a bit later.

All the best!
Saint
 
Hi Saint,

Need your views on Jetairways and NTPC.

Cheers,
Ashish

-- Missed the move today in NTPC.......guess it has moved up quite a lot and now in dilema whether to wait for a pullback or can enter at current level. -- Awaiting yur comments :))
 
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Hi Saint,
A little advice would be appreciated. Teledata Info has been making higher pivot lows over the last 5 weeks. Is this a sign of strenth ( REASON TO BUY ) ???

Request if you could advise on the prospects of getting into/holding onto Teledata at present levels of Rs.15 .

Thx

Vikas
 
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