Gents,
First
Vikranth-good work-keep it going!!!!!!
The chart is good and helpful.
thanks for the chart.
for those fond of similar charts
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YOU can find similar charts on
www.investtech.com
You can see the trendchannels clearly.
THEY offer 2 week freetrial.
You may see the chart
in attachment
comments for BILT
Neutral (Medium term) - Oct 23, 2006 Analysis Explanation
Has broken the floor of the rising trend, which indicates a weaker initial rising rate. The stock has marginally broken down through the support at 122. An established break predicts a further decline. The stock is assessed as technically neutral for the medium long term.
INDIACEMENT
Positive Candidate (Medium term) - Oct 23, 2006 Analysis Explanation
India Cements Ltd has fallen back towards the floor of the rising trend channel. A continued rise may be expected and the current price level may be a good entry price. The stock is approaching the resistance at 237, which may give a negative reaction. Positive volume balance, i.e. high volume in days of rising prices and low volume in days of falling prices, strengthens the the stock in the short term. The stock is overall assessed as technically positive for the medium long term.
ULTRATECHCEMENT
see the chart
Why do I select Indiacement and ultratechcement?
Because both of them have a 20 to 23% upside pricemevement yet to happen!!!!!!!
Rvlv