Monday, November 1, 2010

ING VYSYA - www.ashudutt.com

ING VYSYA - SHORT TERM: STRONG, LONG TERM: STRONG, PREVAILING BIAS STRONG
Both the Short term and long term look very strong. The volumes are low because the floating stock is low but in this case, a low floating stock helps the stock move up. Any order of even 100,000 to buy this stock will great big upticks

If you have it hold it. Looks fine for a short trade too with a Stop loss of lets say 10% from the purchase price (given its low liquidity, a stop loss that far may be required)

http://www.ashudutt.com/

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