Re: [Technical-Investor] HUL

 

Here you go.

 

Sustained downtrend. Yesterday's low 230.5. Open today at 229.5, and goes above 230.5.

 

Additionally - highly oversold on daily as well as weekly Stochastics.

 

Although it did not close the way it should have, but still, it is a DOJI.

 

Confirmation of all this - above today's high 234.4.

 

Long can be taken either near today's low with sl 227, or above today's high.

 

Can buy 240 ca near 3.....sl 1.5, target at least double or 3 times!!

 

Cheers,

 

AP

 

 

----- Original Message -----

From: Abhijit

To: Technical-Investor@yahoogroups.com

Sent: Friday, February 05, 2010 9:55 AM

Subject: Re: [Technical-Investor] HUL

 

Chart later...'homework' after working hours:P

 

'Class work' going on right now--hehe

 

AP

 

----- Original Message -----

From: Abhijit Selukar

To: Technical-Investor@yahoogroups.com

Sent: Friday, February 05, 2010 9:48 AM

Subject: Re: [Technical-Investor] HUL

 

chart? :P

On Fri, Feb 5, 2010 at 9:42 AM, Abhijit <ap19632000@yahoo.com> wrote:

 

HUL--OOPS buy from highly oversold territory.

 

AP

 

 

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