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FINANCIAL CHRONICLE™ » CHRONICLE™ ANALYTICS » is cwm gearing for a bull run?

is cwm gearing for a bull run?

+2
StocksWatch
gann
6 posters

Go down  Message [Page 1 of 1]

1is cwm gearing for a bull run? Empty is cwm gearing for a bull run? Fri May 20, 2011 8:37 am

gann

gann
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

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Looking at the chart, CWM broke out of the consolidation early may. After couple of days of price retracement on low volume, we saw a sudden uptrend with over 360k(a volume breakout) stocks traded and closing above 95. Also note the breakaway gap which make this chart looks even more bullish.

2is cwm gearing for a bull run? Empty Re: is cwm gearing for a bull run? Fri Jun 03, 2011 8:13 pm

gann

gann
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

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Observe the corresponding price action on high volume days. If price follows the projected arrow path, i would enter above 95.



Last edited by gann on Fri Jun 03, 2011 8:20 pm; edited 1 time in total

3is cwm gearing for a bull run? Empty Re: is cwm gearing for a bull run? Fri Jun 03, 2011 8:17 pm

StocksWatch


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

I saw an announcement today that Dr. Senthilverl bouhgt some shares as well. Are we heading for a breakout?

I do not have any CWM shares in my PF.

+ rep for you gann for sharing these observations.

4is cwm gearing for a bull run? Empty Re: is cwm gearing for a bull run? Fri Jun 03, 2011 8:22 pm

gann

gann
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

StocksWatch wrote:I saw an announcement today that Dr. Senthilverl bouhgt some shares as well. Are we heading for a breakout?

I do not have any CWM shares in my PF.

+ rep for you gann for sharing these observations.

Observe the price pattern set out by the arrows. Enter if and only if price close above 95 and hold for a bullish breakout.

5is cwm gearing for a bull run? Empty Re: is cwm gearing for a bull run? Fri Jun 03, 2011 8:33 pm

gann

gann
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

@StocksWatch
Hmm Dr. Senthi has been collecting. He must have seen my post on CWM ? lol! He is an aggressive trader. 90 would be regarded as an aggressive entry.
I entered at 90+. But will liquidate if it drops Rs. 2. The entries I give here are conservative.

6is cwm gearing for a bull run? Empty Re: is cwm gearing for a bull run? Fri Jun 03, 2011 8:49 pm

stumpy

stumpy
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

hmm.... thank you gann!

7is cwm gearing for a bull run? Empty Re: is cwm gearing for a bull run? Fri Jun 03, 2011 11:39 pm

TuskerLK

TuskerLK
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

My Broker at BMS also recommending to buy CWM heavily (I'm not active with him)

8is cwm gearing for a bull run? Empty Re: is cwm gearing for a bull run? Sat Jun 04, 2011 9:09 pm

JennyFunny


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

any ideas what will happen to price?

9is cwm gearing for a bull run? Empty Re: is cwm gearing for a bull run? Sat Jun 04, 2011 10:12 pm

gann

gann
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

SanjivFund wrote:any ideas what will happen to price?
Nobody can predict the price action. It's all down to probability. All I can say is, if price is going to take the path I have shown in arrows, i will enter the trade. If the price didnt move the way we anticipate, move on. there are plenty of other fish to catch.

10is cwm gearing for a bull run? Empty Re: is cwm gearing for a bull run? Thu Jun 09, 2011 10:35 am

gann

gann
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Wow my last of shopping list coming true...

11is cwm gearing for a bull run? Empty Re: is cwm gearing for a bull run? Thu Jun 09, 2011 10:48 am

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics

gann wrote:
StocksWatch wrote:I saw an announcement today that Dr. Senthilverl bouhgt some shares as well. Are we heading for a breakout?

I do not have any CWM shares in my PF.

+ rep for you gann for sharing these observations.

Observe the price pattern set out by the arrows. Enter if and only if price close above 95 and hold for a bullish breakout.

Dr. T.S having more than 10 million shares as at 31.03.2011, and do you think for his capacity the present purchases make any sense, i also don't have any of the CWM shares

12is cwm gearing for a bull run? Empty Re: is cwm gearing for a bull run? Thu Jun 09, 2011 10:52 am

gann

gann
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

I do not follow news. I follow only the trend.

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