tag:blogger.com,1999:blog-27323809.post115281634105705547..comments2023-10-19T20:31:21.130+05:30Comments on Rish Trader: NIFTY VIEW 14th julyRishhttp://www.blogger.com/profile/17683893104402270273noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-27323809.post-1152980147766124772006-07-15T21:45:00.000+05:302006-07-15T21:45:00.000+05:30It is not a question of technicals vs fundamentals...It is not a question of technicals vs fundamentals. Technicals indicate the probable movement of stock price in different time frames. As you know even a scrip with even very strong fundamentals does move up and down! Use tecnicals for timing your trade. Your trades should be based on fundamentals. This also replies to your second query. <BR/><BR/>I do not see any ascending triangle in BHEL. Rather only stiff resistance around 2000. Fundamentally, with govt giving up dilution of profit making PSU shares, you cannot expect much rise in BHEL till a new govt which may upturn the policy arrives. Technically, it is in downtrend with a target of 1700 unless it is able to move up and REMAIN above 1950.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-27323809.post-1152899000642621152006-07-14T23:13:00.000+05:302006-07-14T23:13:00.000+05:30Hi, Been a reader of ur blog of late. Objective an...Hi,<BR/> Been a reader of ur blog of late. Objective analysis and write-ups. Had one question for sometime. Suppose you have fundamentals of a stock strongly pointing to a position opposite to the technicals, how would you play it?<BR/> <BR/> Assume both, fundamentals and technicals are equally strong signals on a medium term horizon<BR/> <BR/> And have you looked at the BHEL charts of late? Could you confirm if there's an ascending triangle formed for my learnin?<BR/><BR/> Thanksplenipothttps://www.blogger.com/profile/05078028871937574880noreply@blogger.com