HOV Services CMP 97.15
-- In last quarter it gave BUY signal on quarterly chart by breaching the previous quarterly top of 99.30 by going to 118.50 with 2.5 times volume that of previous quarter.
In last month it gave retracement up to 81.70, as mentioned in previous mail.
Today it went up to 99.30, with volume almost equal to last whole week.
Daily MACD has given BUY signal.
In last quarter it already made top of 118.50, hence it would seek next target on quarterly chart in this quarter, which is at 191.
The market does speak ...... we only have to listen.
Disclaimer: Investors/traders should carry out their own study and research, and exercise caution before acting on these recommendations.
We will not be responsible for losses purportedly arising from the use of our recommendations
Disclaimer: Investors/traders should carry out their own study and research, and exercise caution before acting on these recommendations.
We will not be responsible for losses purportedly arising from the use of our recommendations
---------- Forwarded message ----------
From: Hemant Barve <barvehn@gmail.com>
Date: 30 November 2015 at 21:11
Subject: HOV Services
To: longterminvestorsresearch@googlegroups.com
From: Hemant Barve <barvehn@gmail.com>
Date: 30 November 2015 at 21:11
Subject: HOV Services
To: longterminvestorsresearch@googlegroups.com
HOV Services CMP 113.4
On Nov 2014 it went to 191.30 with high volume & breached the quarterly resistance of 173.30 ( Dec 2010 quarter )
From there it made low of 57.75 ( Aug 15 ) higher low than the previous, 30 ( MAR 13 )
Higher the low - higher will be top.
Today it closed at upper circuit at 113.4 & breached the quarterly resistance of 99.3.
In second month of this quarter it, it has surpassed the volume of whole last quarter.
Monthly MACD is yet to give BUY signal.
Expect retracement upto 88 - 90.
Keep in mind it has already breached the quarterly resistance of 173.
Hence now it, target will be, next quarterly resistance of 191, which is at 248, 316
But now the immediate resistance will be 169.
The market does speak ...... we only have to listen.
Disclaimer: Investors/traders should carry out their own study and research, and exercise caution before acting on these recommendations.
We will not be responsible for losses purportedly arising from the use of our recommendations
Disclaimer: Investors/traders should carry out their own study and research, and exercise caution before acting on these recommendations.
We will not be responsible for losses purportedly arising from the use of our recommendations
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