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Monday, April 4, 2011

Punjlloyd chart.

When a stock's price moves up on poor fundamentals, it is an
opportunity to sell.
Lot of small investors have been hurt badly by Punj Lloyd's
performance. They should avoid this stock like the plague.
On Apr 1, 1:36 pm, Vishal Nandlal Dangaich <vishaldanga...@gmail.com>
wrote:
> PunjLloyd seems to be at the end of its downtrend. In the recent past the
> stock have made a  low of 58.30. In start of 2009 also, the stock have
> bounced back from almost these levels and made a high almost 300. The stock
> have bounced back from its over sold zone. RSI is trending upwards. One can
> buy with a *strict SL* of 62. Buy when it *closes above 67*. Irrespective of
> company's performance, the stock is doing good on the brousers. Short term
> Tgt 70 -72 -77.
>
> --http://www.technicalsvishaldangaich.blogspot.com/
> ORhttp://www.technicalls.webs.com/
>
> *Vishal Dangaich*
>
> "If someone feels that they had never made a mistake in their LIFE, then it
> means they had never tried a new thing in their LIFE" - Albert Einstein
>
>  image001.jpg
> 97KViewDownload
--
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