ALLSEC Technology - BPO turnaround story

[bheeshma]

Short Nifty? - evening stars, hanging man & a possible H&S

Well we are all learning! A head and shoulder if it gets formed should present an interesting setup. I would obviously wait for any breaks below the neckline. The head and shoulder that formed seems to have failed in allsec so waiting for breaks is very important. Alternatively a failed head and shoulder signals the return of bullishness. A raging bull should knock aside any puny obstacles that stand in its way. Allsec is a case in point. Darr ke aaghe jeet hain! I would look for any bearish ca…

I would agree with hiteshbhai ( who wouldnt!)