Monday, November 1, 2010

BHARAT BIJLEE - www.ashudutt.com

BHARAT BIJLEE - SHORT TERM: WEAK, LONG TERM: WEAK, PREVAILING BIAS: NONE
Bharat Bijlee has very weak charts both in the short term and weak term. What makes matters worse is the volume is non existent. Without volumes, the stock is heading to 900. For an uptrend, watch for the volumes to be 10-20 times the 3 month average for about 7-14 days. If that happens the stock is headed upwards. Without that, the stock is headed to 900

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