GESHIP - Lot Size 1000 - Margin 57000

Desikan - The SL of 305 was hit & we exited trade. Here's an update. Enter only above 310 for  350

Also note that there was a Head & Shoulders on the larger time frame. Avoid the stock.

GESHIP - Lot Size 1000 - Margin 57000

One can initiate an agressive trade @ 305 for 350/360.

GESHIP - Lot Size 1000 - Margin 57000

Head & Shoulders on the larger time frame.

There is also a WW in the formation - need to see how this plays out. Watch GE SHIP @ 300 to see how price reacts

Follow up - GESHIP - 28 Jan 2011

Here is a follow up on the GESHIP post 25Jan2011

I've shorted @ 331.25 - CMP @ 323 - My stop @ 330.

Still waiting for it to head to 305 / above 335 - Will be a buyer @ 305 or at 335.

GESHIP - Lot Size 1000 - Margin 57000

This is a potential WW in the making - One can go short @ CMP 325.5 for 305-300 (spot).

Buy again at 305 /300 for 350.

We will keep a close eye on this one. I'm short from 331.25.