trading-wizard said:
sir,
please advice me on the following i will be very thankful to you:-
16000 sunitee chemicals @2.75
300 ecoboard industries @26.94
100 bright
[email protected]
1000 hazoor
[email protected] thank you
Hi trading-wizard...you're still calling me sir...
Sunitee has already been covered.
Ecoboard...is consolidating and at 26 close today. 27-28 may give stiff resistance without a voluminous push. It has dropped off from that mark twice before, and after consolidating, is attempting it again. Is in an up-trend though, so wait if not in a great hurry. Past 28 will make a nice burst to 32 likely.
Bright Brothers, you have entered high. Has fallen off from 55-56 recently, finding stiff resistance there. At 47 tonight, is again against a block, but the slight positive divergence today with an increase in volume, may pass this soon. Then again into 51-56 resistance. If not in a hurry, hold and watch. Has strong support at 43-45, but not much below 43.
Hazoor you have done well with. Is in a mid term up-trend since March and it's not looking done yet. At 19.20 today with a small retraction from 19.50 yesterday but with decreased volume. 18.50 should give good support should that come up. Finding it difficult to cross 19-20, the reason for the slip. Past this, expect a climb to 24 which could take a while.
Regards.