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Monday, February 7, 2011

Go go go Mitra

Believe Mitra will have high chances to break the resistance at 2.09

1) Trend Line - Sideway trend awaiting it to break the resistance at 2.09 (Waiting for Confirmation)
2) HH - Formed Higher low at 1.81 and hopping up..(Waiting for Confirmation)
3) MACD - Waiting for Bullish crossover with 4R1G ( Initial Sign of Bullish)
4) RSI - Went up above to 68% awaiting to break 70% ( Waiting for Confirmation)
5) ADX - Very High Momentum with Bullish

Wait for this counter to break the 2.09 and wait for the sign

Entry Price - 2.1
Stop Loss - 1.91
Take Profit - 2.38

Daily Buy Call in Forum..  (Do not forget to view here for daily Stock Picks)

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