Trading the Technicals

[tanewbie]

Gsfc

on verge of breakout of a triangle? increasing volume and deliveries. keep a close watch

see attasched chart

 

[evipul]

Re: Colgate-smile is returning!

In wake of Govt. declaring drought, FMCG stock like Colgate is worth investing? What are the triggers for colgate?

 

[menonmgk]

Re: Colgate-smile is returning!

As a ST looks good , as after a long time bullishness is seen in this scrip

 

[Neal]

Re: Gsfc

Hi tanewbie,

Can fertilizer stocks be bought in this current draught scenerio?

 

[amc]

Re: Jupiter bio sciences......

Hmmm..

Will have to keep a close watch...

 

[tanewbie]

SCI trying break out of Andrews pitchfork

SCI has broken out of a triangle on good volumes. this needs to break above the top parallel line of andrews pitchfork to gallop!
traderji your comments?

 

[tanewbie]

Re: Gsfc

gsfc shot up 8.2% today. this was picked purely on technical reasons not considering other factors. this is where TA has distinct advantage!

see the attached chart after breakout.

 

[tanewbie]

bhel.....

nvi of bhel has crossed over yearly moving average of nvi. This is very bullish indeed. Lets see how bhel performs now. I wud go long with 533 as stop.

 

[tanewbie]

GAIL in new orbit! buy...

with a stop of 190. has broken out of a triangle and a 6 month long falling trendline with very good volumes, see attached chart. traderji your comments?

 

[Traderji]

Re: GAIL in new orbit! buy...

Good call tanewbie,

GAIL has indeed broken out to begin an uptrend, after closing above all its resistances.

BUY now with a stoploss at 184.00

Likely target 226.00 to 245.00.