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

What does the Corporation Bank chart suggest ?

Discussion in 'Technical Analysis' started by naveen1241, Sep 24, 2012.

Tags:
  1. naveen1241

    naveen1241 Responder

    Joined:
    Jul 11, 2012
    Messages:
    292
    Likes Received:
    52
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
  3. sujan4bw

    sujan4bw Member

    Joined:
    Jun 12, 2012
    Messages:
    557
    Likes Received:
    18
    Agree, it's just correction and no trading opportunity.
     
  4. naveen1241

    naveen1241 Responder

    Joined:
    Jul 11, 2012
    Messages:
    292
    Likes Received:
    52
    Thanks Shabbir & Sujan.
    Currently I hold positions in Canara Bank, Corporation Bank, Allahabad Bank, JSW Steel & Jindal Steel. What's your opinion on considering switching from these stocks to Engineers India, Nestle, Indian Bank, Sterlite Industries from a 3-6 months perspective? Welcome your thoughts.

    Also, does chartink have intraday charts ?

    Thanks
    Naveen
     
    Last edited: Sep 24, 2012
  5. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    Too many stocks and so I will say get out of bad ones and let your money be in your account for a week and then think about new ones. Predetermining such moves may not work well and charts when you want to enter should read right.