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

EROS International media

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

Tags:
  1. verenmitter2001

    verenmitter2001 Member

    Joined:
    Sep 22, 2012
    Messages:
    354
    Likes Received:
    12
    Occupation:
    IT, Education & Ex-Army officer
    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
     

    Attached Files:

    verenmitter2001, Oct 9, 2012
    Share #1
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    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
    Share #2