Sensex

Monday, November 23, 2009

Re: [Technical-Investor] Bharti 5 yrs. chart

 

Irrespective, the fact is the inevitable had to happen. And while the retail chase

the death graves, the smart guys make money else where. I hardly know of any 
retail who have accumulated SBI for the longterm or even talk about it. 5 years above
one prominent FII said, SBI is one stock that one should keep buying till all your
rooms are full, and then fill up your basement and if there is still more to buy
build a new storage room but keep buying forever. Those days SBI was somewhere
around 300-500 bucks as far as I can remember, today its 2400 and nobody talks
about it even now.

Cheers
Pankaj 

On Mon, Nov 23, 2009 at 7:12 PM, Abhijit <ap19632000@yahoo.com> wrote:
 

In my opinion, a 5 year chart needs to be seen on Log scale and if you do that, this trend liine was broken quite a long time back.
 
 
----- Original Message -----
Sent: Monday, November 23, 2009 4:50 PM
Subject: [Technical-Investor] Bharti 5 yrs. chart

 

Dear All,
 
Bharti has broken long term trendline on 5 yrs. chart, will green horizontol lines will act as support or we will see more downside?
 
Comments are welcome in the light of Elliot Waves and Fibonacci Retracement analysis.
 

 
Happy Investing,
 
Radhey Shyam Maurya

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Posted by nsivaa at 7:02 AM

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