New Intermed Uptrend!!

[Satyen]

6 days of consolidation giving respect to support ?

 

[Saint]

Angling into INDIA INFOLINE at 798.

Once again,the plan is to add over pivot highs.

Saint

 

[Saint]

6 days of consolidation giving respect to support ?

Yep....and so far,an unconfirmed higher pivot low.

Saint

 

[Saint]

One yummy looking chart on ESSAR OIL Monthly......Still on strong watch!

Saint

 

[Satyen]

WRB on monthly chart then pullback and last 3 bars having higher lows but not higher highs formed, 268 levels acting resistance as two prev moth has just bounced back from there ....
should wait prev months high to cleared out again this high also weekly pivot may be a good stock for investing on weekly chart

Satya

 

[Reji]

Dear Saint,

ADLABSFILM can be considered a good buy above 690?

Awaiting your response,

Thanks

Reji

 

[jamit_05]

Hi Saint,

For Adlabsfilm Would you follow the same logic that you did for Essar Oil?

Both are in monthly up... and weekly down. In both the Daily has made a higher pivot low and hence the dailies are looking good.

Looking forward to your response.

Amit.

 

[hiteshsjoshi]

Noida Toll consolidating nicely around 41 levels. Any breakouts seen?

- Hitesh

 

[lvgandhi]

Got into TATA POWER,GMR INFRA,Holding DIVIS LABS........

TATA POWER in at 1231
GMR INFRA in at 142.5

still stalking the rest.

Saint

GMR infra weekly is still down . Previous higher pivot on 28/3/8 is still to be crossed. Why this buy? Can we be educated with reasons for this buy?

 

[Saint]

GMR infra weekly is still down . Previous higher pivot on 28/3/8 is still to be crossed. Why this buy? Can we be educated with reasons for this buy?

LVG,

Yep on all of the above............I am just taking a small quantity here with stops nearby,and then adding at previous pivot highs on the daily. Rest as usual......Why?Is this not anticipating a move?Yes as admitted before.........only when patterns compel.Entry here with SL 4 rupees away,if stopped,well,that happens.........Would I do it everytime I get a higher pivot low?No,depends on the quality.........the longer this support holds the yummier it gets.

I would usually react to pivot highs getting taken out,which is still where the bulk quantity is going to come in.

Is there any harm in waiting first and getting in on confirmation of pivot high crack?None whatsoever........if GMR gaps down on Monday,you would be more right in waiting first.

Saint