Hows RUCHISOYA stock. i have bought 20 @ 48. Now it is 32.30.
and PRAJIND bought 20 @ 114.
Which one is good stock to make average, or will leave them for long term (as they are already very low quantity) and concentrate on any other good stock (Specially SUZLON)?
Hi Raj
Ruchisoya is going to reverse very soon. It's good time to average it. PRAJIND is also looking good and a potential reversal candidate.
Regards
DJ
I think this is only short term uptrend. Although i am not chartist but what my eyes can see is many stocks (from my list) EVERONN, SUZLON, RIL, RIIL, PRAJIND, PUNJLLYOD and WELSPUNGUJ are still in downtrend (as per weekly chart.)
Since for so the last 2-3 weeks we have seen a steep correction, if you see the weekly, you'll get a downtrend. But it looks after today's increase, that bottom in very near or we might have already touched it.
Dear Bunny
Good job done. I don't know whether you scanned the stocks in BSE or NSE. But in NSE, ESSAROIL is not showing morning star formation, because todays candle in red.
Dear Bunny
Good job done. I don't know whether you scanned the stocks in BSE or NSE. But in NSE, ESSAROIL is not showing morning star formation, because todays candle in red.
This query is with respect to the triggers posted by you and Anant in Chapter II. From both the lists I find BAJAJ-AUTO and PFC are in both the lists with similar targets and stoploss. Both of you are using different techniques for getting the triggers. The two triggers appearing in two lists does it mean that the trend in these two is strong and we can have more confidence in these? What I want to understand is that if two different methods give similar results does it reinforce the conclusions drawn?
I am posting this question here in order not to clutter the other thread which is meant for triggers and follow up and not discussions.
This query is with respect to the triggers posted by you and Anant in Chapter II. From both the lists I find BAJAJ-AUTO and PFC are in both the lists with similar targets and stoploss.