Date: 22nd July 2015
Disclaimer:
All information provided above is for general information purposes only and does not constitute any investment advice. The readers of this material should take their own professional advice before acting on this information.
Figure 1: Zeel (387.20)
Such a clean uptrend. Bullish 100% above moving average is rare pattern
followed by another buy. Possibility of achieving 412 in short term.
Figure 2 & 3: Hind Petro (872.15)
Another smooth uptrend. Looks like 925 shouldn't be a problem.
Consolidating candles are time bars of this chart. Low of the same can be used as a stoploss.
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| Fig 1: Zeel 0.25% x 3 cl Point & Figure chart |
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| Figure 2: Hind Petro 0.25% x 3 cl Point & Figure chart |
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| Figure 3: Hind Petro daily candlestick chart |
- Prashant Shah, CMT, CFTe
All information provided above is for general information purposes only and does not constitute any investment advice. The readers of this material should take their own professional advice before acting on this information.
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