COAL INDIA CHART IS STILL TRADING IN THE DOWNWARD CHANNEL . I WON'T CONSIDER INVESTMENT UNTIL AND UNLESS IT START SHOWING BULLISH TREND . BUT IT IS A GOOD DIVIDEND PAYING STOCK BUT IT NEEDS TO PROVE AS A WEALTH CREATOR FOR LONG TERM.
TATA STEEL SEEMS TO ME HAS BOTTOMED OUT NEAR 320 . HOWEVER I SHOULD WAIT FOR DECENT CORRECTION TILL 375-380 FOR INVESTMENT. THE STOCK ON MONTHLY CHART HAS BEEN RISING SINCE LAST 3 MONTH IMPORTANTLY WITH ABOVE AVERAGE RISING VOLUME. FOR ME ITS A GOOD SIGN.
PLEASE DO YOUR OWN RESEARCH BEFORE ANY INVESTMENT. I AM NOT A SEBI RESEARCH ANALYST. THE ABOVE IDEA IS NOT...
HAS TATA MOTORS DVR HAS REALLY BOTTOMED OUT???. AFTER SUCH A BIG FALL FROM ALMOST 380 TILL AS GOOD AS 50 . MY PERSONAL VIEW IS THAT IT IS YET TO CONVINCE INVESTORS TO MAKE LONG TERM INVESTMENT AFTER LOOKING AT THE MONTHLY CHART. I HAVE DRAWN FEW IMPORTANT LEVELS JUST FOR FUTURE REFERENCE.
THIS IS NOT AN RECOMMENDATION FROM ME. PLEASE DO YOUR OWN ANALYSIS BEFORE...
HEG HAS ALSO MONTHLY BO ON TRENDLINE. ONCE IT START TRADING ABOVE 1150 CAN BE A GOOD INVESTMENT IDEA. ITS HAS A GOOD DIVIDEND RECORD.IT HAD A DREAM RUN IN PREVIOUS RALLY. PLEASE WATCH AND INVEST AFTER DOING YOUR OWN ANALYSIS. ALL INVESTMENTS ARE SUBJECT TO RISK.
Asian paints can be a short as it has broken trend line on weekly charts. Once it breaks the low of latest week short position can be initiated . However it has been a strong stock historically therefore do your own analysis before initiating any trade.
