Jindal Cotex CMP 16.85
-- Fallen from Jan 2013 high of 90 to the low of 5.3 Sep 15.
It has given BUY signal on quarterly chart by breaching quarterly resistance of 23.65 by going to 24.45, with more than 22 times volume that of last quarter.
In this month it has given trend reversal on monthly chart.
Expect retarcement below 14, chance to enter as next resistance on quarterly chart is quarterly medium term EMA, which is now at 38.85.
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