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| Discuss commments on satyam please !! at the Stocks & Shares within the Traderji.com - Discussion forum for Stocks Commodities & Forex; i have found this stock as a very good for swing trade till it announces ... |
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#1
30th January 2007, 08:46 PM
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commments on satyam please !!
i have found this stock as a very good for swing trade till it announces its Q3 results. i have made two purchases of this asset @490 and @470 (for about 23K+)but this chart keep on pulling backwards...., i like to hear your comments on this ..... how long should i hold or to sell?
Thanks in advance 
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#2
30th January 2007, 10:13 PM
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Re: commments on satyam please !!
Looks like weakness on the charts. It has been going up in a kinda broadning or a megaphone formation. See the chart attached. May be the seniors will help us analyze this better.
ss 
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#3
31st January 2007, 06:27 PM
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Re: commments on satyam please !!
hi sunil , i agree this stock is keep on moving forward and reaching new heights after announcing 1:1.5 stock split in last quarter , if you observe there are three symmetrical (upward) wave cycles after which this is not as same, and in current situation , wave looks like pulling downwards ..., so i wish to hear comments before taking a decesion of holding(as long term deposit) or get back.... with small loss..
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