RE: [sharetrading] Zicom

 

As of now it is in rising mode on both daily and weekly charts as well as monthly. Though yesterdays high volume could be punters. But in my opinion the volume of investment is very high. You should reduce holding. One should not invest more than 1% of average daily volumes of 20 days at one go.

Its BV is 77, Intrinsic about 60.

Since the market is peaking, I would say to exit slowly in coming days as per market sentiments. Anyway reduce holdings

 

Abe

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From: sharetrading@yahoogroups.com [mailto:sharetrading@yahoogroups.com] On Behalf Of Neela Agarwal
Sent: Wednesday, November 18, 2009 8:51 AM
To: sharetrading
Subject: [sharetrading] Zicom

 

 

Hi   I would be very grateful for any news, views, insights & prospects on ZICOM. Have invested in 15000 shares at an average price of Rs.100/-.   Thanks   Neela A

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