{LONGTERMINVESTORS} Fwd: LML

LML  CMP 17.05

Achieved given target of 16.90.

Expect retracement.

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: 19 October 2016 at 22:51
Subject: LML
To: longterminvestorsresearch@googlegroups.com

LML  CMP 11.8

Fallen from high of 172 (Jun 1998) to the recent low of 3.8 (Sep 2013).

From there it made high of 12.90, where it breached the quarterly medium term EMA ( 11.90). 

Since then it was trying to overcome the said resistance.

On last Fri & Mon it was at upper circuit.

Yesterday it went to high of 12.95 & breached the last high of 12.90.

Now expect retracement , chance to BUY as next resistance is quarterly long term EMA, which is now at 16.90. 

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

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