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Monday, November 23, 2009

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

 

Well, I never risk getting biased or predict the future. So I would not

comment, I just shared what I observed. Statistically 95% of people lose 
money in the stock markets on the long term and if its 95% it means a 
whole lot of people- people who when going to mandi and buying tomatoes
check 5 shops, check each piece to pick the juicest ones, but the same
people buy stocks just because the neighbor is buying the same.  

Cheers
Pankaj

On Mon, Nov 23, 2009 at 5:58 PM, ekam ber <ekamber@gmail.com> wrote:
 

Pankaj ji
 
Are you expecting similar fate for the mentioned compnaies
 
regards
ekamber
 
 
 
----- Original Message -----
Sent: Monday, November 23, 2009 5:53 PM
Subject: Re: [Technical-Investor] Bharti 5 yrs. chart

 

Had to happen someday. After the Jan 2008 crash, this was one of the most

popular stocks to be accumulated by retailers all through 2008 on every dip. I know
a zillion people who bought loads of it at every dip just to average it in the next dip. 
The other favourites was ICICI, Suzlon and DLF.
  
Cheers
Pankaj

On Mon, Nov 23, 2009 at 4:50 PM, Radhey Shyam Maurya <rsmaurya_2003@yahoo.co.in> wrote:
 

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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