India Bulls

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  #1  
Old 10th April 2007, 11:25 PM
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winstonn is on a distinguished road
Default India Bulls



Hi friends,

this scrip formed symmetrical triangle on daily charts and broke upside yesterday with normal volumes.

But today it shoot up with tremendous volume of more than 1.4 cr. + wide spread. The market makers and other big boys widen the spread often so as to make stock look costly for public and make them enter at much higher levels.

Slight pullback would present excellent mid term buy oppor. despite forthcoming market conditions.

Dear Members, waiting for your opinion!!!!!

Regards,
Winston

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  #2  
Old 11th April 2007, 08:57 AM
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ssprasad is on a distinguished road
Default Re: India Bulls

Quote:
Originally Posted by winstonn View Post
Hi friends,

this scrip formed symmetrical triangle on daily charts and broke upside yesterday with normal volumes.

But today it shoot up with tremendous volume of more than 1.4 cr. + wide spread. The market makers and other big boys widen the spread often so as to make stock look costly for public and make them enter at much higher levels.

Slight pullback would present excellent mid term buy oppor. despite forthcoming market conditions.

Dear Members, waiting for your opinion!!!!!

Regards,
Winston
Hi winstonn,
what do u mean by wide spread?

I agree with u ... I personally like indiabulls and any dip here should be taken as buying opportunity.
Demerger date is also nearing .. I think

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  #3  
Old 11th April 2007, 09:29 AM
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satya_pinku2003 is on a distinguished road
Default Re: India Bulls

same question as ssprasad

what do u mean by widespread ???



regards

Satya

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  #4  
Old 11th April 2007, 12:25 PM
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vk8486 is on a distinguished road
Default Re: India Bulls

Quote:
Originally Posted by ssprasad View Post
Hi winstonn,
what do u mean by wide spread?

I agree with u ... I personally like indiabulls and any dip here should be taken as buying opportunity.
Demerger date is also nearing .. I think
What is the demerger date?
Whether it is profitable if we are buying now.

Thanks

Vinod

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  #5  
Old 11th April 2007, 01:04 PM
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winstonn is on a distinguished road
Default Re: India Bulls

hello guys,

spread on daily charts is difference between high and low.

For +ve wide spread, the candle body must be tall green + high and low difference also wide.

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  #6  
Old 11th April 2007, 01:41 PM
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subbubusk is on a distinguished road
Default Re: India Bulls

hi ,
pls anyone hlp me ,i bought ramco systems for 211 and now it is trading 129 can i hold this ,whether there is any chance of it bouncing back.

subbu

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  #7  
Old 12th April 2007, 12:03 PM
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satya_pinku2003 is on a distinguished road
Default Re: India Bulls

Quote:
Originally Posted by winstonn View Post
hello guys,

spread on daily charts is difference between high and low.

For +ve wide spread, the candle body must be tall green + high and low difference also wide.

Thanks winston


Again is it in pullback mode ?????


regards

Satya

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