Suzlon
CMP 19.60
Seems that its time would come .
Has to cross few resistances (yellow-lines ) before it can fly freely.
Monthly Chart ( it plays out in months and years)
Bharat Wire
CMP 195
We covered it on April 25th as following , no change in views.
Premier Explosives
CMP 956
While long term looks very exciting and unbelievable, in short term it seems to be overheated ,hence need to be cautious.
Keep in consideration that monthly charts don;t play out in a jiffy, they take weeks and months and sometimes 3-4 years to play out fully.
Monthly Chart
Aditya Vision
No views- there was some news of certain accouting issues - don’t know whether those were intentional or negligence , we tend to stay away from these stocks especially when the opportunities are plenty.
Disclaimer : This post is just for learning few methods of price-patterns. Views are personal and are purely based on our limited knowledge of charts. No buy/sell recommendations. These are probability-study methods and chances of success/failure depend upon various factors
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