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kassachandi wrote:Hopes this budget will provide much needed relaxations
MARKETWATCH2 wrote:if you bought it keep it in bull markets. boom is coming.sell in bear markets.
Bfl support Rs.128/129 short term target Rs.160 mid term target over Rs.200
RPPA wrote:MARKETWATCH2 wrote:if you bought it keep it in bull markets. boom is coming.sell in bear markets.
Bfl support Rs.128/129 short term target Rs.160 mid term target over Rs.200
What is this strategy![]()
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MARKETWATCH2 wrote:in bear market stocks go down.Long term investors follow value strategy. Traders and other investors follow trend. Trend is friend.
kassachandi wrote:Yeah MARKETWATCH2 you got it spot on.thats why i boght it in bull market and BFL is trading in at bottom value.BFL is warming up.shown a light buying pressure today.will boom sooner.
kassachandi wrote:NC can u please put the link of ur BFL chart
NC wrote:Analysis: BFL
There're 4 targets based on harmonic patterns.
T1 (145), T2 (160) (blue pattern), are most achiveble in short to mid term.
T3 (170), T4 (200) ( yellow pattern), is mostly achiveble in longterm.
In black line, it shows a sym. traingle. Every harmonic pattern comes with traingles. But, there's a difference in BFL traingle and Gran traingle. Bfl, trend reversal is confirmed. But, in gran its not. (I'll explain it in gran chart.) If you think to average more Bfl, Its better to wait close above 135. Beacuse, the buying pressure is still low.
Note that 125 is a strong support, if it break next is 120.
(http://forum.srilankaequity.com/t36765-nc-shark-robotocfix-pls-share-your-valuable-idea)
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