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RE:JINDAL SOUTH WEST HOLDINGS
by ARUNACHALAM KAMARAJ on Jan 27, 2008 08:41 PM

Dear,on Nov 22 2007 it was Rs720 and on 7th january 2008 it was Rs 3164 an increase of aboutRs 2444.Since then it is decreasing.As per Fibonacci rules it has to retrace .382 retracement of 2232 and it has come down and it is now going towards 0.618 retracement level of Rs1657 level and now it is at Rs1914.
Current status it is technically weak and it will sure come 1657rs soon.So on each raise please sell to avoid further losses.Also it's MACD is going to the _ve territory and all other RSI,BOLLINGER BAND

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