Few days back had put up this chart on Biocon . The stock has moved well from 315 to 350 with a spurt today on good announcement. Now time to book some and trail stoploss.
Cairn India is forming a triangle with breakout points at 315 and 280. Although there could be quite some time before we see a clear breakout on it but worth keeping a tab on this stock as pattern suggests sooner or later the stock will get out of the contraction.
TECHNICAL ANALYSIS TRAINING SESSION BANGALORE
AUGUST 31-1 September
If you would like to confirm your seat for the Bangalore Training session and make an online payment then do so on the following event link on explara
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Regards ,
Nooresh
August 13, 2013
Nooresh how does bgr energy look for long term at current level?
August 16, 2013
BGR energy is a bit risky and i dont track it very closely