PSL CMP 10.05
-- As informed in the previous mail, it gave retracement up to 8.70 ( 18 Jan )
Yesterday it gave BUY signal on daily MACD, when market fell 250 points.
Today it went up 10.75 with high volume & breached the 18 Jan weekly high of 10.6,when market fell 300 points.
It has already registered double volume that of last whole week.
On weekly chart short term EMA has taken support on medium term EMA from above now ready to go up again.
Bullish indication.
One can start entering for the the target of 13.30, 14.35, 18.40
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: 3 December 2015 at 22:43
Subject: PSL
To: longterminvestorsresearch@googlegroups.com
From: Hemant Barve <barvehn@gmail.com>
Date: 3 December 2015 at 22:43
Subject: PSL
To: longterminvestorsresearch@googlegroups.com
PSL CMP 11.25
After hitting low of 7.3 ( Sep 15 ), it is going up with very high volume for last two days.
It is almost near to cross the monthly resistance of 11.80.
It has registered almost double the volume that of last month, in just three trading days of this month.
Expect retracement up to 8.5 - 9.0
Company deep in RED
Q2 Sales 21 cr loss 181 cr
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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