“The financial markets generally are unpredictable. So that one has to have different scenarios... The idea that you can actually predict what's going to happen contradicts my way of looking at the market.”

Monday, May 21, 2007

hotel leela


Has come out of the falling trend, its seems it has broken above the inverse head and shldr pattern at 59. Further rise to 75 levels or more is signaled. Has broken a double bottom formationt 60.65 which has a target of 75. The stock will face resistance at 63.00. This should give a negative reaction but a break above of 63.00 means a positive signal.

No comments: