|
| Discuss EL Forge - Please Help!! at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hello All, I had bought EL Forge @ Rs. 119 per share. Its been going down ... |
|
|||||||
| Notices |
| Equities Discuss & analyse stock market news, views, trends and your favourite stocks here. |
 |
|
|
Thread Tools |
| Sponsored Links |
|
#1
23rd December 2005, 12:57 PM
|
|||
|
|||
EL Forge - Please Help!!
Hello All,
I had bought EL Forge @ Rs. 119 per share. Its been going down since then (CMP 102)  Right now, it looks weak on technicals. I wanted your view on this from both technical and fundamental aspects. Shall I wait for a turn around? Or shall I book loss and exit? Thanks in advance, Regards, Anuj. 
|
|
#2
23rd December 2005, 06:16 PM
|
|||
|
|||
Re: EL Forge - Please Help!!
hi cashgen,
eep.. sorry thats a tough loss! technically i aint too happy with the chart. 1. its in a downward trend that seems to stop only at Rs. 88. 2. its broken all resistances and supports. 3. the next support is at 100.9 (which it is close to brushing today) 4. Im not too good at chart patterns but it looks like a head and shoulders formation before this crash my advice would be to sell immediately or wait until it drops under 100.9. pls check with other members too. shorttermer
|
|
#3
23rd December 2005, 07:14 PM
|
|||
|
|||
|
Re: EL Forge - Please Help!!
Quote:
Will place a sell order @ 100 bucks. Would loose Rs.2500/- Anywez, GET WELL SOON!! 
|
|
#4
23rd December 2005, 08:02 PM
|
|||
|
|||
|
Re: EL Forge - Please Help!!
sorry, always tough to watch a losing trade.
thanks so much guess its gonna take a while
|
| Sponsored Links |
|
|
|
| Bookmarks |
| Thread Tools | |
|
|
Indemnity, Disclaimer & Disclosure
Notice:
• By visiting Traderji.com you indicate your acceptance of our Forum
Rules Disclaimer & Disclosure and indemnify Traderji.com, its
associates and related parties of all claims howsoever resulting from
the usage of the forum.
• Disclaimer: Trading or investing in stocks & commodities
is a high risk activity. Any action you choose to take in the markets
is totally your own responsibility. Traderji.com will not be liable for
any, direct or indirect, consequential or incidental damages or loss
arising out of the use of this information.
• Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein.
The writers may or may not be trading in the securities mentioned.
• All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy of information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. If you find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
