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EROS International media

Discussion in 'Technical Analysis' started by verenmitter2001, Oct 9, 2012.

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  1. verenmitter2001

    verenmitter2001 Member

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    Hi all,
    Whats your view on EROS International media.
    Fundamentaly company is strong and technically if we see three 3 months chart we can see W formation in early stage.

    Shabbir correct me if I am wrong in this...
    Enclosing the chart too
     

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    verenmitter2001, Oct 9, 2012
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  2. shabbir

    shabbir Administrator Staff Member

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    I would not sat W is not formed but then after so long down trend, I will give this stock some more time for consolidation
     
    shabbir, Oct 9, 2012
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