{LONGTERMINVESTORS} Fwd: BILCARE

BILCARE  CMP 71

After breaching quarterly resistance of 64.75 

by going to 76.65, it gave retracement up to 57, 

where it took support on weekly medium term EMA.

For last two days it is going up with high volume.

Daily MACD has given BUY signal.

Expect some retracement , chance to BUY for the target of 111

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: 15 September 2016 at 11:56
Subject: BILCARE
To: longterminvestorsresearch@googlegroups.com

BILCARE  CMP 73.80

Fallen from Jan 2008 high of 1830 to the low of 36.4 ( Aug 13)

For almost two years accumulation was going on.

In last quarter it gave BUY signal on quarterly  chart with high volume by going to 62.95.

It then gave retracement up to 47.15 (18 Aug )

In last week it started it's upward journey again.

Now the quarterly target is at 79.75 Jan 15 high.

For the 1 st time since 2011 it is breaching monthly long term EMA (65.35)

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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