Hi Phoenix,
ARVIND MILLS looks good to break out to new recent highs but may get stuck around the 150 levels.It has resistance at these levels from '95,'96 and '97 highs.So not much reward in this one unless strong vol comes in and blasts it through all resistance.
But have a look atALOK INDS ......nice weekly and monthly.Breakout in last part of 2004 then a nice pullback but held the 58 levels.Buy over 79 with a stop at 60,with an initial taget of 120.
Hi Avinash,
I love the way MAARS is shaping out.....it still looks good,am in with sizeable amount but will start to exit around the 8.5-9 mark.Was meant as a short term trade only.For now,raise stop loss to 6.1(Breakeven).....so whatever happens,we are not losing on this trade!
Hi Phoenix,
ARVIND MILLS looks good to break out to new recent highs but may get stuck around the 150 levels.It has resistance at these levels from '95,'96 and '97 highs.So not much reward in this one unless strong vol comes in and blasts it through all resistance.
But have a look atALOK INDS ......nice weekly and monthly.Breakout in last part of 2004 then a nice pullback but held the 58 levels.Buy over 79 with a stop at 60,with an initial taget of 120.
Based on your post no.73 on this tread I have created an Metstock Expert for Pivot Analysis. I have posted it in the Metstock section. Please do have a look when you get time. I would like to have your valuable comments on this.
Based on your post no.73 on this tread I have created an Metstock Expert for Pivot Analysis. I have posted it in the Metstock section. Please do have a look when you get time. I would like to have your valuable comments on this.
Hi Sharv,
I don't know about the fundamentals of the company,but technically this one looks awesome.....a higher pivot low and sideways for last few months.A breakout over 21.5 looks a neat entry with a stop loss of 17.8.....nice one,Sharv!!
PRISM had s strong day today.Up 7%. 
