New Intermed Uptrend!!

[fire_gun]

i think rolta is about to enter in uptrend...looks like it will break inverse head and shoulder at292...stoploss 272 target 310 first....ur opnion about rolta...plzz suggest me am i right on rolta or not.....

 

[pokrate]

i think rolta is about to enter in uptrend...looks like it will break inverse head and shoulder at292...stoploss 272 target 310 first....ur opnion about rolta...plzz suggest me am i right on rolta or not.....

Rolta gaining momentum coz of NUKE DEAL, a close above 296 is needed to go long.

 

[deb99891]

i think rolta is about to enter in uptrend...looks like it will break inverse head and shoulder at292...stoploss 272 target 310 first....ur opnion about rolta...plzz suggest me am i right on rolta or not.....

nice observation
as i got the same result my side from an exploration
regards

 

[pshirurkar]

Because of N.DEAL stocks like L&T, ALSTOM, AREVA,ROLTA, ABB,GAMMON .NTPC,HCC will acquire good momentum.

 

[fire_gun]

first of all rolta did well....but i will wait for 310 to book profit if market conditions remain in favour of bulls.....praj ind will give breakout above 203 if stock manage to close above 203 then next target is around 221...stoploss 189rs..
ur comments plzzz

 

[fire_gun]

rolta 70% profit booked around 303...holding 30% postion....praj ind stoploss hitted position closed..although i booked loss around 200 level because today market was favouring bears so its always better to trim losses first...

 

[fire_gun]

nobody replied!..rolta hitted 317rs is in new uptrend..entrend at 289..almost 10% jump..in 3-4 days......yes praj ind didn;t worked but breakout didn;t happened so i was low volume .. was waiting for breakout and booked loss...
i have closed position in rolta....now next one is gitanjali gems entered at 258 today ...it about to come out from range as u can see from chart i will add more breakout above 265rs stoploss 245 target 285-90rs....

 

[GRORICH]

nobody replied!..rolta hitted 317rs is in new uptrend..entrend at 289..almost 10% jump..in 3-4 days......yes praj ind didn;t worked but breakout didn;t happened so i was low volume .. was waiting for breakout and booked loss...
i have closed position in rolta....now next one is gitanjali gems entered at 258 today ...it about to come out from range as u can see from chart i will add more breakout above 265rs stoploss 245 target 285-90rs....

Sir,
Very nice observation , I mean your Rolta recommendation. But in this volatile market , it is very difficult to trade.
Thanks
Grorich

 

[rvina2]

Rolta was a wonderful observation Sir. I also bought it althought in small number.

thanx very much and also ur observation help us to learn chart pattern.

regards
veena

 

[fire_gun]

Rolta was a wonderful observation Sir. I also bought it althought in small number.

thanx very much and also ur observation help us to learn chart pattern.

regards
veena

thanks for replying..will try my best to post juicy chart pattrens...