Hi Amitbe/Saint,
How are you guys doing? Now since Bharti has been rallying for the past few days, and getting lots of media attention and all the good good stuff , where do you guys see it heading it from here.
I don't think it should take long from here to break the 500 mark psychological barrier.
thanks,
How are you guys doing? Now since Bharti has been rallying for the past few days, and getting lots of media attention and all the good good stuff , where do you guys see it heading it from here.
I don't think it should take long from here to break the 500 mark psychological barrier.
thanks,
Amit's not been around for some time.......as for Bharti,yes,agreed,there is relative strength here as it takes out previous pivot highs and makes new ones.And yes,matter of time before it cracks the 500 mark........now the question is: Do we take the trade and enter here?I wouldn't......I would wait for a pullback to the mov avg before considering an entry here.Too much of a risky play as of now.Would have been neat a few days ago,but not here..............and in the process of waiting for a pullback,I might miss a further move up in Bharti.
That negative divergence on the TRIX monthly worries me,and so too the market.......so careful!
Saint