Stocks To Keep A Close Eye On

Status
Not open for further replies.

swati23

Well-Known Member
This or That:confused:

Kown Banega ....... IIP(ati).:D
India's industrial output growth probably accelerated to 8.5 percent in October from a year earlier, the median forecast of 29 economists showed, underpinned by a robust manufacturing sector.

The forecasts ranged widely from a growth of 3.8 percent to as much as 13 percent, because of issues related to the process of gathering data by the government, analysts said.

http://economictimes.indiatimes.com...-growth-seen-at-85-pc/articleshow/7070899.cms
 

savkar

Well-Known Member
Probably !! Eco times ... manufacturing news too ?
India's industrial output growth probably accelerated to 8.5 percent in October from a year earlier, the median forecast of 29 economists showed, underpinned by a robust manufacturing sector.

The forecasts ranged widely from a growth of 3.8 percent to as much as 13 percent, because of issues related to the process of gathering data by the government, analysts said.

http://economictimes.indiatimes.com...-growth-seen-at-85-pc/articleshow/7070899.cms
 

gauharjk

Well-Known Member
India's industrial output growth probably accelerated to 8.5 percent in October from a year earlier, the median forecast of 29 economists showed, underpinned by a robust manufacturing sector.

The forecasts ranged widely from a growth of 3.8 percent to as much as 13 percent, because of issues related to the process of gathering data by the government, analysts said.

http://economictimes.indiatimes.com...-growth-seen-at-85-pc/articleshow/7070899.cms
8.5% growth seems very good. I am beginning to feel we will bounce back tomorrow...
 

rajeabc

Well-Known Member

MurAtt

Well-Known Member
Technical bounceback ... today or Monday ... 5900-ish.

Then gravity will take its toll again ...

Was right abt a shakeout BUT exited my Puts too early AND the shakeout is now looking BIG ... so hold your horses .... in buying ... its like short on rise (BUT for traders).

For investors (long term) its buy more on dipes BUT try to buy when u see no end of the fall ... don't get trapped by a sucker's rally ...

Overall WE ARE BULLISH ...
 
Last edited:
Fibonacci levels also suggest that SBI future too is near to its bottom. 50% retracement leads to a bottom of 2682, and it is quite near.:)
Can u give me the figures (Start point, End point).. Is it hourly charts?
As per daily charts 50% retracement is somewhere near 1760 - 1780.

Assuming it has reached the bottom and entering a trade is very risky (against the trend).. however to go with a gut feeling, If the entry is selected, have a stop loss to reduce the risk.. In this way ur risk is limited and reward would be great.. Its like if u miss 3 times, a proper hit of 1 time can still put in gains :)

Always plan a trade.
 
Status
Not open for further replies.

Similar threads