Fundamental picks

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krishere

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#843
#843
smallinvester said:
Puneet Resins Ltd- march -2011 ending EPS Rs 8--moreover promoters are raising the stake recently purchased 11,000 shares @ Rs 37 -- see discloser
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not a good time to invest now i must say..... not only the company but timing is also important..... the share is moving in sidelines.... the overall market trend is bearish.... should wait for a breakout to decide...
 
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krishere

Active Member
#846
#846
mahmeds2000 said:
As per the technical anaylsis There is island reversal pattern at nifty. if nifty future not cross 5060 level in next 2 to 3 days there is strong possibility of sharp fall till4500.
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very ryt.... i have been also thinking the same all along... but if you see closely.... on the right shoulder above the neck region, there should have been a substantial decrease in volume... but thats not the case... the volumes are low but only a bit.... this may be a false breakout... watchout.... keep strict SL if you are shorting this thing :)
 
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