Guys Watch Out 4 Itc

#1
Volumes have been steadily building up in this counter and in a matter of days the stock has jumped from 190 -195 levels to a high of 227 in todays trade ,,,,

There has been big build up in open interest in todays trade ( 60 lakh shares :: Increase of 25 % ) :eek:,,,, there seems to be something cooking in this counter as the delivery volumes have been very high since the last few days ,,, yester the delivery volumes were at 60 lakh,,,

I am no technical analyst :( but I observe daily delivery volumes and open interest change on a daily basis and tthe change in last few days is quite significant ,,, the volumes have been increasing with increasing prices and there is a significant addition in open interest in todays trade ,,,,,

Keep a tab on this one ,,, sharp upmove might be in the offing ,,,, Technical analysts please post ur views ,,,,thnx
 
#4
Hi

Hi ,

I am new to this site and also to stocks.Just wanted to invest some part of my salary on monthly basis based on recommendations.

Please suggest me some good stocks.I dont want to be a trader and wabnted to be an invester.

Thanks,
Subbu
 
#5
Re: Hi

Hi ,

I am new to this site and also to stocks.Just wanted to invest some part of my salary on monthly basis based on recommendations.

Please suggest me some good stocks.I dont want to be a trader and wabnted to be an invester.

Thanks,
Subbu
Hey Subbu if u want to invest there are many knowledgable members in this forum who wld suggest u with various stocks depending on ur time frame ,,,

U can follow guys like Winston, Prabhjeet and other senior members who give excellent calls ,,,,

Anyways Im bullish on hotel stocks like Hotel Leela and Indian hotels ,,,

Cheers:D:D:D