tag:blogger.com,1999:blog-7148222695370746347.post29379998989959030..comments2023-10-15T17:16:24.091+05:30Comments on Stock Market Charts | India Mutual Funds Investment: Stock Chart Pattern - Suzlon Energy Ltd (An update)Subhankarhttp://www.blogger.com/profile/13248068905130821262noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-7148222695370746347.post-7369050770929034472009-09-24T18:09:48.394+05:302009-09-24T18:09:48.394+05:30Thanks, Madhu.
Higher volume on up days and lower...Thanks, Madhu.<br /><br />Higher volume on up days and lower volume on down days is the norm. The opposite, that is low volume on up days and high volume on down days are red flags.<br /><br />Volume is a supporting indicator - not a primary one. One should look at a number of technical indicators to come to a buy/sell decision.Subhankarhttps://www.blogger.com/profile/13248068905130821262noreply@blogger.comtag:blogger.com,1999:blog-7148222695370746347.post-66590215171022529942009-09-24T16:43:50.161+05:302009-09-24T16:43:50.161+05:30Hi
Good analysis.
You have said that volume rise w...Hi<br />Good analysis.<br />You have said that volume rise when the price falls is not a good sign.<br />Is the reverse, volume drop when the price falls is a good buying opportunity?<br />MadhuMadhuhttps://www.blogger.com/profile/15757492225817270032noreply@blogger.comtag:blogger.com,1999:blog-7148222695370746347.post-90355115859125384272009-09-24T12:19:12.673+05:302009-09-24T12:19:12.673+05:30@mansoor: Wyeth and VST Ind are good stocks, but I...@mansoor: Wyeth and VST Ind are good stocks, but I do not track them. Given a choice, I'll buy Glaxo and ITC instead - because I prefer to buy the leader or the second stock in a sector or industry. <br /><br />@Bharath: Good observation in spotting that Sun Pharma has a similar looking chart as Suzlon.<br /><br />The market doesn't like uncertainty. No one is certain whether Suzlon will be able to get out of the mess of large debt and faulty technology.<br /><br />There is uncertainty over the FDA investigation of Sun Pharma's USA subsidiary, Caraco. The acquisition of Taro, Israel is stuck in the courts for a long time. Sun Pharma has sunk a lot of money into that acquisition and it isn't clear if and when they will be able to complete the deal.Subhankarhttps://www.blogger.com/profile/13248068905130821262noreply@blogger.comtag:blogger.com,1999:blog-7148222695370746347.post-60365489621488325702009-09-24T02:27:00.271+05:302009-09-24T02:27:00.271+05:30Hi,
I agree with you that Suzlon did'nt took p...Hi,<br />I agree with you that Suzlon did'nt took part in this recent rally. Yes, as it has galloped a long way ahead of other stocks in 10-14K rally, probably that might be reason too. I have also noticed that Sun Pharma didnt took part in any of the rally and as can you say that Sun Pharma too have some problems as such ..? May be or not , but I agree that Suzlon is not that soo much reliant company.Bharathhttps://www.blogger.com/profile/13529594252603679964noreply@blogger.comtag:blogger.com,1999:blog-7148222695370746347.post-85109076588212447902009-09-23T21:39:28.447+05:302009-09-23T21:39:28.447+05:30i agree with you completly, i got this share in ip...i agree with you completly, i got this share in ipo sold it and never ever touched it again.<br />i have found two very good companies in my research- WYETH AND VST INDS.<br />both are debt free with good div yield.<br />though vst inds is operating with negative working capital.<br />its in my watch list, your comments please on both the companies.<br />thanks<br />mansoor panjwaniUnknownhttps://www.blogger.com/profile/14655727843733516053noreply@blogger.com