Monday, March 3, 2014

Some times you need to buy high and sell higher

http://excellatrader.com/index.aspx

Some times you need to buy high and sell higher

We calculate the momentum, volatility and break out strength of a particular stock using custom generated filtering methods, and compare the result to the momentum of every other stock in the market. When the momentum of a stock begins to outperform the rest, we know that aggressive buying is taking place and that we can expect a dramatic price increase of 10%-40% over the next 2 to 4 weeks.

Tata Elxi made 9 percent up move in todays market. Excella Trader equity system find genuine break out and momentum in this stock. When others thinking more on Nifty we asked traders to concentrate on stock specific trading. Clear technical supported by good fundamentals can make stock likes Tataelxi moving higher

Tata elxi started its up ride from 2st week of November 2012. This was after touching its 52 weeks low at 156 on last week of August 2013. From the break out above 220 in November to 625 today share already a handsome gain of 170%

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