1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Educomp Solution

Discussion in 'Technical Analysis' started by masihpatel, Jun 21, 2012.

  1. masihpatel

    masihpatel Active Member

    Joined:
    Jun 2, 2012
    Messages:
    325
    Likes Received:
    49
    Dear shabbir,
    what is your view after looking at chart, is it the start of breakout?:rolleyes:
     
    masihpatel, Jun 21, 2012
    Share #1
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    No Masih, break out cannot happen in a long term down trend. It needs to consolidate for a very long time at some levels before it can breakout
     
    shabbir, Jun 21, 2012
    Share #2
  3. masihpatel

    masihpatel Active Member

    Joined:
    Jun 2, 2012
    Messages:
    325
    Likes Received:
    49
    It is catching momentum today, went upto 5.5% during the day.
     
    masihpatel, Jun 25, 2012
    Share #3