Posted by avinashmkb under
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Dear all ,
BHEL did not breakout on the downside on the back of pennant formations as suggested in my earlier post BHEL Pennant But i would still like t hold the “SELL” view as i see that the stock has bounced back without any significant volume support at all .

Would advice people with shorts to wait and watch for a few more days (3-4 days) before closing the positions. A look the BHEL charts seems to suggest or strengthen the “PENNANT/FLAG” view further .
Lets wait and watch is my suggestions to people holding shorts.
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Recommendations made by the author follow the PIYP (Pay if You Profit) model and should not be considered as free. Details on the PIYP model can be accessed at the following link
Whats PIYP Model ? Investing in Stock markets involves risks . Hence the author is in no way liable for losses made by readers of the SmelltheCheese Blog or SmelltheCheese googlegroups.
Posted by avinashmkb under
Trading Picks1 Comment
Arrange your own love marriage? Register at Shaadi.com Matrimonials
Recommendations made by the author follow the PIYP (Pay if You Profit) model and should not be considered as free. Details on the PIYP model can be accessed at the following link
Whats PIYP Model ? Investing in Stock markets involves risks . Hence the author is in no way liable for losses made by readers of the SmelltheCheese Blog or SmelltheCheese googlegroups.
Posted by avinashmkb under
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Arrange your own love marriage? Register at Shaadi.com Matrimonials
Recommendations made by the author follow the PIYP (Pay if You Profit) model and should not be considered as free. Details on the PIYP model can be accessed at the following link
Whats PIYP Model ? Investing in Stock markets involves risks . Hence the author is in no way liable for losses made by readers of the SmelltheCheese Blog or SmelltheCheese googlegroups.
Posted by avinashmkb under
Trading Picks1 Comment
Arrange your own love marriage? Register at Shaadi.com Matrimonials
Recommendations made by the author follow the PIYP (Pay if You Profit) model and should not be considered as free. Details on the PIYP model can be accessed at the following link
Whats PIYP Model ? Investing in Stock markets involves risks . Hence the author is in no way liable for losses made by readers of the SmelltheCheese Blog or SmelltheCheese googlegroups.
Arrange your own love marriage? Register at Shaadi.com Matrimonials
Recommendations made by the author follow the PIYP (Pay if You Profit) model and should not be considered as free. Details on the PIYP model can be accessed at the following link
Whats PIYP Model ? Investing in Stock markets involves risks . Hence the author is in no way liable for losses made by readers of the SmelltheCheese Blog or SmelltheCheese googlegroups.
Posted by avinashmkb under
Trading Picks[4] Comments
Arrange your own love marriage? Register at Shaadi.com Matrimonials
Recommendations made by the author follow the PIYP (Pay if You Profit) model and should not be considered as free. Details on the PIYP model can be accessed at the following link
Whats PIYP Model ? Investing in Stock markets involves risks . Hence the author is in no way liable for losses made by readers of the SmelltheCheese Blog or SmelltheCheese googlegroups.