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

sunpharma

Discussion in 'Technical Analysis' started by siva934127, Dec 9, 2014.

Tags:
  1. siva934127

    siva934127 Member

    Joined:
    Nov 7, 2012
    Messages:
    195
    Likes Received:
    10
    Hi Shabbir,

    As per my understanding trend lines has been drawn, heavy volume breakout happened today and RSI was leg up but it was black candle and the important point is today gap up opened and came down more than 60% then closed positively.

    Please le me know your short term view on this.

    Thanks,
    Siva.
     

    Attached Files:

    siva934127, Dec 9, 2014
    Share #1
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    Trend is up and it looks like it will go higher than but 900ish looks very likely and easily achievable.
     
    shabbir, Dec 10, 2014
    Share #2
  3. siva934127

    siva934127 Member

    Joined:
    Nov 7, 2012
    Messages:
    195
    Likes Received:
    10
    Hi Shabbir,

    Thanks for the response.

    today I entered at 824 and came out at 836 got 10000 RS profit and still I am holding my long term investments.

    Thanks,
    Siva.
     
    siva934127, Dec 10, 2014
    Share #3
  4. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    Party toh banti hain
     
    shabbir, Dec 10, 2014
    Share #4
  5. siva934127

    siva934127 Member

    Joined:
    Nov 7, 2012
    Messages:
    195
    Likes Received:
    10
    Stop Loss saved me from a huge loss.

    Thanks,
    Siva.
     
    siva934127, Dec 16, 2014
    Share #5
  6. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    Always.
     
    shabbir, Dec 16, 2014
    Share #6