Wednesday, July 15, 2009

Parkway, Ascendas India Trust and Healthway

Parkway
Entered 1.66, 1.72. Average price: 1.69.
Based on RMO Trading Method
Hold: closed 1.70.
With overall market uptrend, there is potential that this counter will move upwards. So far, it has held up quite well.

Ascendas India Trust
Entered 0.695
Exit at 0.68
Reason: Basis of trade was not well established. Chart pattern is not convincingly showing potential for uptrend. Even though it held its price quite well, there is too much negativity over India's new budget and outlook.

Healthway
Entered 0.105.
Exit: 0.100
Reason: Counter did not perform as expected. With low volume and interest, it will be difficult to move the price. Too small in volume and lack of interest by players making this counter illiquid.

No comments:

Google News - Business

Bloomberg

Yahoo! News: Business

Reuters: Top News

About Me

My photo
I'd like to share my experiences and knowledge about healthy and happy living as well as mid-life crisis. 不以物喜,不以己悲。