Cinevista CMP 5.86 FV 2
-- On Dec 2015 Quarter it went to high of 6.69, with high volume.
In next quarter it gave retracement up to 3.32
in last month it went to high 4.95 with high volume & breached the monthly resistance of 4.53., though monthly MACD did not give BUY signal.
In this month it went to high of 6.54, with high volume.
in just 5 trading days of this month, it has recorded 2 times volume of whole last month.
Expect a retracement up to 4.5, chance to enter as after 6.69 it's next resistance is at 10.2, quarterly long term EMA.
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
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.
No comments:
Post a Comment