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12/11/09

Bihar Tubes (66) – Buy

BIHAR TUBES closed down  -0.250 at  65.800.  Volume was 55% below average (consolidating) and Bollinger Bands were 10% narrower than normal.


Technical Outlook
Short Term: Neutral
Intermediate Term: Bullish
Long Term: Bullish

We are only interested in a long position.
The momentum is downward.
The downward momentum is accelerating.
This is an area where whiplashes can occur and we would wait until [...] http://digg.com/u1HqB4

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