Since you all would ONLY AGREE with my ideas....... I had to DELVE DEEPER on my Own to see what was happening. Here is a chart of Indian Infotech..... we all are aware.... over a period of time HISTORY WILL REPEAT in almost an Identical fashion what it has done previously. i have Minutely given you all the HISTORICAL LINEAGE on this one. Whether it has a good...
Whether this Cup n Handle pattern on a Monthly basis make any sense to any of you is desireable......as it seems really FAR FETCHED to me as well. Never the less I have accumulated some exceptionally Large quantities on this one. It is the 2nd penny I had recommended
I did not want to do this...... and I rarely recommend stocks to the members..... But I think I now want to start a series of 5 PENNY stocks which are likely to start making a move up..... Disclaimer....... I hold positions in this stock since Rs 2/ apprxx.
Indinfo is at a good bottom and level for accumulation. The RSI is showing divergence and volumes are increasing. Long period holding of 1 to 2 year can fetch good profit.
i think , it break out ,again close to the resistense , expecting some correction , and 2.53 is a buying point if it come down , expect 10-15 % returns ,
after long term good time has come for this share indicate shows bullish trend with high volume target first 3 ,5 then 25.This is only for tutorial analysis.
