FINOLEX CABLES: MULTI BAGGER STOCK KEEP U R EYES

FINOLEX CABLES:   MY MESSAGE TO PAID CLIENTS ON JUNE 6 TH
FinolexCables:  CMP 52 surprised to see 4PE on last year earning! Rich balance sheet, management getting better, impressive growth - g8 brand. Buy FinCable@52 - many potential +ve triggers, better margins (low copper price). expects to cross Rs.100 in one year STOCK ALREADY MOVED 20 % NOW 65  IF IT  MANAGES TO CLOSE ABOVE 65  THE REAL GAME CHANGER STARTS AS PER TECHNICALS CLEAR BREAK OUT ON CHARTS

TECHMAHINDRA BLASTED MULTI YEAR BREAK OUT

ALREADY SEND MAIL TO PAID CLIENTS ON JULY 10 NOW POSTING  TO ALL OF U STILL STOCK LOOK  HOT

Tech Mahindra : Nearing Long Term Breakout 

 

 DISCLOSURE : HAVE LONG POSITIONS IN FUTURES AND IN OPTIONS TOO

How Low or High Stock prices can go?

This is one question people ask and here are two interesting examples to illustrate one very interesting point.

The Point: Trend is your friend and it can take you to extreme levels
Yes Stock price can go near ZERO

Example: S Kumars Weekly Chart

As you can see in the chart above – S Kumar stock has been in strong downtrend for last 3 years. From levels near 100 – the stock is now trading near 3.4
Yes Stock price can keep going HIGHER and HIGHER with no correction
Example: Bosch Weekly Chart.

As you can see in the chart above – it is a weekly chart and just see how Bosch has been in strong uptrend and has kept on going higher and higher.
What Lesson we can Learn?
Never Fight the Trend. You can never imagine how high stocks can go once they are in uptrend and similarly how low stocks can go once they are in downtrend.