Showing posts with label question. Show all posts
Showing posts with label question. Show all posts

Sunday, January 30, 2011

Question from Sujeet - Godrejind

A weekly chart attached. The stock could fall a little more possibly 160-150 - Add here and exit around 200-210 - After which I would expect it to test 120-110.

Sujeet please track this and lets follow up when price reaches the levels mentioned above.


INTERESTINGLY THERE IS ALSO A GARTLEY PATTERN

TARGETS MENTIONED THERE AS WELL


Question from Bullishcartel - Jaicorp

Bullish Cartel has a question on Jaicorp - He purchased this stock @ 250 and would like to average.

Here is a weekly chart - The stock could head to 100-110 levels as it is likely to cover this gap area.

Average / buy @ 110 - 100 levels. Alternatively exit when price heads to 235-240 sometime this week / next week.

Notice Stochastics / MACD

Monday, January 24, 2011

Post from Gaurav - Powergrid - Bearish WW?

Here is a post from Gaurav on Powergrid.

Lets take a closer look.



Need to be a little cautious and short only below the trendline (96) since point 3 is below 1 - it does not seem to be a valid WW.

 Alternative below looks like a bullish WW. Lets see if it heads towards 106/8.