{LONGTERMINVESTORS} Fwd: AGC Network

AGC Network  CMP 89.1

Today it breached last month's high of 91 going to 94.6.

 

Expect some retarcement before it goes for 

1. 100.4 ( Sep 16 high )

 

2. 155 ( July 2015 high )

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: 30 September 2016 at 20:32
Subject: AGC Network
To: longterminvestorsresearch@googlegroups.com

AGC Network  CMP 77.6

From Jan 2013 top of 236.5 it went to low of 44   MAY 14

From there it went to high of 157.5 May 15, only to retrace to  54.5 Feb 16 ( higher low 44 ---> 54.5 )

On 9 Aug it again started uptrend & went to high of 100.4 on 12 Sep.

In just 5 weeks it almost doubled.

Hence now it has started giving retracement.

Today it gave trend reversal on monthly chart & sell signal on weekly chart.

Expect it to go below 74.

Keep one thing in mind it has given higher low hence it is expected to give higher high.

Higher than last top ( 157.5 -----> 236.5 )

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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