Wednesday, September 28, 2011

Sell Ambuja ....

Sell Ambuja ....
see the signals ...
stock price moved up and technical indicators falling ...
and past history proved that indicators won finally ..so it must correct from here..
candle sticks are giving falling signals ...
but market players holding it..
looking  Head and shoulder  reversal signal..
Spinning top last day
MACD converged ..
Momentum is going to south..
expecting heavy sell off ...at any moment ..
cover your long positions and initiate short with sufficient MTM ...
as we are not advising stop loss to protect your trade from operators stop loss triggering ...
Bearish  signals are very strong which are supporting bears...
closed at 148.00
its real trading range at current Nifty level should be 130  32 ...  think  analyse and act ...

I received this message to ..

9/24
NEW DELHI: India`s competition authority will start proceedings against India`s top cement companies for abuse of market dominance and cartelisation based on the report by the Serious Fraud Investigation Office, or SFIO. If the charge is upheld the Competition Commission of India may impose penalty. SFIO, the nodal investigation wing of the Ministry of Corporate Affairs has submitted its report to the ministry stating clearly that UltraTech Cement, Ambuja Cement and ACC have been colluding to keep the price within a band. "The Director-General of Investigation and Registration (DGI&R) under CCI will now start the trials and the three companies have been intimated about the same," a ministry official told ET. According to SFIO officials involved in investigation into the case, since 2009



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