Stock Shoping Centre

noboundries · #71 6th January 2008, 10:59 AM

hi winstonn,

chennai petro formed triangle,

if trade is to be initated,s/l should be,

1.horizational line which is recent swing low or

2.horz. line which is based on 2*atr(5days)

and for this set up what should be TRIGGER PRICE to get in the trade

winstonn · #72 6th January 2008, 11:22 AM

Hi Nobon,
It is a triangular consolidation. Triangles are not very relaible.That's why it would be essential to observe post breakout action and then decide accordingly.

Seeya,
Winston

vpk · #73 7th January 2008, 07:01 AM

Dear Winston,

Do you think MIRC will go up again and reach 60 ? any expected target frame? Or is ther any insiders news going to come ...

I am into stcok @ 38.

Regards
Vikram

winstonn · #74 7th January 2008, 01:51 PM

hi Vikram,

hold on.........

seeya

anjubhatia · #75 7th January 2008, 02:07 PM

hi winstonn,
wats ur expectation abt sail ?
wat cud be target till jan end

nagendra_gb · #76 7th January 2008, 04:22 PM

Hi Winstonn,

What is ur target for NALCO in near term. Today and Friday volumes are really low.
Shall i sell and book my profits or shall i wait. I have 500 call option.

Thanks,
Nagendra

winstonn · #77 7th January 2008, 05:44 PM

Quote:

Originally Posted by nagendra_gb

Hi Winstonn,

What is ur target for NALCO in near term. Today and Friday volumes are really low.
Shall i sell and book my profits or shall i wait. I have 500 call option.

Thanks,
Nagendra

hi, since you have purchase calls, u need to be cautious about rangebound period. Ranging period will eat your time money of calls. It is very evident that congestion would set in. If this newly formed congestion is break on downside, then exit!

Seeya,
Winston

anjubhatia · #78 7th January 2008, 05:57 PM

hi winstonn.
plz reply my query if u hv sm time.
hi winstonn,
wats ur expectation abt sail ?
wat cud be target till jan end

however, once again congrats fr right predictions on sensex,nifty

winstonn · #79 7th January 2008, 06:30 PM

Quote:

Originally Posted by anjubhatia

hi winstonn.
plz reply my query if u hv sm time.
hi winstonn,
wats ur expectation abt sail ?
wat cud be target till jan end

however, once again congrats fr right predictions on sensex,nifty

thanxs Anju

,

Sail could run up till 300 above area in short term. This is a short term trading oppor.

However it appears that the weekly charts are in process to form a rising wedge! Let's see ahead if this wedge breaks down on weekly basis or turns out to be a failure!

Seeya,

ananthmadhav · #80 7th January 2008, 06:36 PM

hi friends, can anyone suggest me any multibaggers? should we start an blog called multibaggers

what do u say?