Hallo Friends,
Sorry for no postings these days.
But now you would hear from me frequently.
Amongst significant moves, PNB is creating Head and Shoulder Patter with neckline today broken.
I would advice people to go short on the with the stoploss at 443.
Target for this could well be 405-408.
The cache is that the bull market is still intact largely and no significant sign of reversal is there, so short positions may got hit by stoploss triggers,But keep strict stops to reduce the loss.
Thanks,
Ravi
Wednesday, February 15, 2006
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