Dear sh50,
for hero honda.m&m,grasim--there formed negative divergence on weekly chart for macd.For all three on macd(weekly) is on the verge to give sell signal.On daily macd,all three have sell signals.Also 5 days moving average(simple) have crossed 13 days movig average.So at higher levels i would like to buy put.
for arvind mill ---on daily macd buy has occured.5 days moving average has crossed 13 days moving average.One bad thing is only that weely macd is on the verge to give sell signal if this week or next week price(weekly close) falls slightly.here i am cautious.
Mr.sh50,
I have read all your posts in this forum.All they are valuable and respectable.
If above analysis contains some drawbacks,then please show me that drawbacks..So in future i will try to avoid that.
Waiting for your valuable reply.