India Bulls

winstonn

Well-Known Member
#1
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;)
 
#2
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
 
#4
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
 

winstonn

Well-Known Member
#5
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.
 
#6
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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