Thursday, November 4, 2010

BALKRISHNA INDUSTRIES - www.ashudutt.com

BALKRISHANA INDUSTRIES - SHORT TERM: WEAK, LONG TERM:WEAK, PREVAILING BIAS:NONE


This is not a trading stock. With such low volumes, it could reverse course anytime. Balkrishna Industries is weak because its volumes are non existant. If we start getting volumes that are around 300,000-500,000 a day, I would have said the charts are strong



If you have it, hold it since the price trend is up. If you plan to buy it for a trade, avoid



PLEASE REGISTER AT http://www.ashudutt.com/userregistration.aspx TO CONTINUE POSTING QUESTIONS. REGISTRATION IS FREE

No comments:

Post a Comment