Trading the Technicals

[tanewbie]

Ioc

IOC made a doubble top of 407 on 19th and 20th may 2004. will it break through that?

traderji your comments?

 

[tanewbie]

hindalco

target 1155 stop 1085. broken out of 6 month old falling trendline

traderji yr views?

 

[Traderji]

Re: hindalco

Good call tanewbie,

However I think the right time to have bought this stock was when it broke out of Rs. 1000.00 on the 28th of June 2004.

One can BUY now with a stoploss at 1045.00

 

[shree875]

Re: hindalco

plz tell me any new shares for delivery buying. I am suggesting you that plz buy archies greting at the price of Rs. 66.00 de

 

[shree875]

Re: hindalco

plz tell me any new shares for delivery buying. I am suggesting you that plz buy archies greting at the price of Rs. 66.00 de

delivery target of Rs. 72.00

 

[Traderji]

Re: hindalco

Hello shree875,

If you visit this forum regularly, I am sure you will find plenty of new shares for delivery buying!

 

[tanewbie]

canara bank breaks out............

of an ascending triangle with good volumes. buy at 129.9 stop 123 tgt 137
traderji your views?

 

[Mohan]

Re: canara bank breaks out............

Good...

Finally the banking sector makes its move!

BOB Canara Bank and Corporation Bank have all broken upwards.

BTW my first comment here..

Looks like an interesting discussion group.

 

[Traderji]

Re: canara bank breaks out............

With inflation shooting up to 7.5% and bond markets plunging, I think one should stay away from investing in the banking sector.

 

[tanewbie]

HCL tech

increasing volumes (fr 499k to 1197k) and deliveries(fr 199k to 494k) and trying to break out. Any comments?