SQRTEX is an excellent stock to me.Fundafmentally it is good.If one wants to keep it for long term he may enter in it any time.
But if you want to trade with it that means if you dont want it to keep for long time then it is late to enter.It is in such a position that any day it will jump and after that day it may cool down again as it did previous.Actually according to my chart its buy signal was 19.08.08.
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2 comments:
Opti bhai, dont u think this time the trend is bit diffrent after todays trade ??... will it break its prev. resistance 140+tk.. and go up for a new mark 150+ ?
Regards,
Oniket
dear oniket vai,
if nerger news dont come its behaviour will be same as before.
but if merger news comes it may cross 160 tk range.its a slow stock.probably directors dont play with it.
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