{LONGTERMINVESTORS} Fwd: Chartered Logistic

Chartered Logistic  CMP 21.65 FV 1

Breached the monthly resistance of 22 by going to 22.7.

Marching towards 28.

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

---------- Forwarded message ----------
From: Hemant Barve <barvehn@gmail.com>
Date: 6 May 2016 at 21:53
Subject: Fwd: Chartered Logistic
To: longterminvestorsresearch@googlegroups.com

Chartered Logistic  CMP 19.9 FV 1

As given in the last mail, it has given retracement but took support on monthly short term EMA & started going up.

In this week it breached the weekly resistance of 20.7 by going to 21.1.

After breaching the resistance it again gave retracement up to 18.5 ( today )

Now today again it started going up with high volume.

Next resistance at 22.85

Keep it in mind in this week it went up with less volume than that of last week.

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

---------- Forwarded message ----------
From: Hemant Barve <barvehn@gmail.com>
Date: 10 April 2016 at 17:23
Subject: Chartered Logistic
To: longterminvestorsresearch@googlegroups.com

Chartered Logistic  CMP 18.45 FV 1

In last Dec it went to high of 28, with high volume, but could not breach the quarterly resistance of 28.40 ( March 12 quarter high )

In last quarter it gave retracement up to 13.25, with low volume, where it took support on quarterly short term EMA.

Last week it went to high of 19.60 & breached the weekly resistance of 19.40, 12 Feb week high, though with low volume.

Now

1. On quarterly chart short term EMA has taken support on medium & long term EMA from above & now going up again.

    Very bullish indication

2. Quarterly MACD has given BUY signal.

3. On monthly chart MACD has taken support on AVG MACD from above & now going up again, bullish indication

4. On weekly chart after accumulation since Feb, it gave upward breakout in previous week.

5. As it went up in last week with low volume & weekly MACD yet to give BUY signal, expect retracement up to 16 - 16.80

Chance to enter as next resistance on quarterly chart is at 59.30

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

--
You received this message because you are subscribed to the Google Groups "LONGTERMINVESTORSRESEARCH" group.
To unsubscribe from this group and stop receiving emails from it, send an email to longterminvestorsresearch+unsubscribe@googlegroups.com.
Visit this group at https://groups.google.com/group/longterminvestorsresearch.
For more options, visit https://groups.google.com/d/optout.