Sunil Hitech Attn. KKP ji
Hi KKP ji, Many thanks for replying. I usually never short coz I am long term investor where I identify stocks that can at least double in a year and invest in it and review its performance every qtr. This group has helped me immensely in identifying some of them. On Monday seeing US market and economy data, I guessed a fall in our markets too. B’coz of this I shorted a few Sunil Hitech and as vols wasn’t much, my broker suggested to give delivery. I want to know whether it can come down to at least 250 so I can buy back and wont mind the loss as this is my long term investment. Unfortunately today I missed a chance to get into Bartronics at around 236 and try to catch up with Sunil Hitech. Btw, I am completely zilch on TA. Best Wishes, N Samuel KKP_Investor wrote: Samuelji, what was your basis of shorting Sunil Hitech? Your answer could help me learn how you picked up on shorting this particular stock. Also, I have not started shorting stocks yet at BSE/NSE.
I think you would want to wait on Bartronics to pull back a bit. It has gone up too far, too fast. The best was the breakout level above 200, and there were many notes on this one. Technicals ‘REACT’ to price and volume, and you saw the magic on it.
*Newbies: Read the Bartronics (ConCall) note from old posting to new posting, and you see the FA and TA magic in it. Good for newbies and new investors. This is the way homework should be done and can be done. If one says that they cannot do that, then I feel that stock market is not your cup of tea, and it will not taste good if you do drink it without ‘learning and adjusting to the taste of it’. *
KKP
Samuel wrote: > Hi KKP ji, > > KKP ji can u tell me how Sunil Hitech is looking technically. One of > my main investments since a year is in this coz i am bullish on power > sector. I shorted a few at 246 on Monday and it is going up ever > since. Should I wait for a correction or should I invest in > Bartronics? Pls advice me KKP ji according to TA. > > Best Wishes, > Samuel > > ———————————————————————— > 5, 50, 500, 5000 - Store N number of mails in your inbox. Click here. > > >
