1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Buy

Discussion in 'Technical Analysis' started by yankeedin, Jun 29, 2014.

  1. yankeedin

    yankeedin Responder

    Joined:
    May 3, 2012
    Messages:
    218
    Likes Received:
    90
    Apollo tyres also looking good. Can be bought at cmp with sl of 180 target 225
     
    chethankrc likes this.
  2. chethankrc

    chethankrc Active Member

    Joined:
    Jun 16, 2014
    Messages:
    49
    Likes Received:
    31
    Occupation:
    Software Engineer
    Yes Dinesh Apollo tyre is showing channeled uptrend.
    If it stays above 197 Good to enter.
     
  3. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    Yes looks good but with a strict stop loss.
     
  4. yankeedin

    yankeedin Responder

    Joined:
    May 3, 2012
    Messages:
    218
    Likes Received:
    90
    Apollo tyre has formed support near 165ish level. I suppose it can be bought at cmp 177 with strict sl of 167 for target of 190.
     
  5. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    Its in the leg up but then above 190 is better bet than now.
     
  6. yankeedin

    yankeedin Responder

    Joined:
    May 3, 2012
    Messages:
    218
    Likes Received:
    90
    It hit 190 today :D
     
  7. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    Spot on with target :D
     
  8. yankeedin

    yankeedin Responder

    Joined:
    May 3, 2012
    Messages:
    218
    Likes Received:
    90
    can we consider 218 as SL and buy @cmp for target of 240+?
     
  9. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    Yes but strict stop loss.