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

Shriram Transport Finance

Discussion in 'Technical Analysis' started by masihpatel, Aug 21, 2012.

Tags:
  1. masihpatel

    masihpatel Active Member

    Joined:
    Jun 2, 2012
    Messages:
    325
    Likes Received:
    49
    What is your view on this stock? as it was closed at 595 in last trading session and CMP is 602. Thank you
     

    Attached Files:

    masihpatel, Aug 21, 2012
    Share #1
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    It is near its resistance levels and so should be avoided.
     
    shabbir, Aug 21, 2012
    Share #2
  3. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    below 620 just avoid.
     
    sanjay_sansanwal, Aug 21, 2012
    Share #3
  4. ggchavhan

    ggchavhan New Member

    Joined:
    May 3, 2012
    Messages:
    33
    Likes Received:
    0
    Last three trading days it is going up, but I think with less volume, What does it means?
    What is your view Shabbir, Sanjay?
     
    ggchavhan, Aug 21, 2012
    Share #4
  5. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    I have shared that already.
     
    shabbir, Aug 21, 2012
    Share #5
  6. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    Plz start analyzing the chart guys it is not difficult and if u find any problem in chart analyzing then u may ask but plz start doing ur self so that u also become confident.
    Cause I even we don't want anyone should believe blindly while investing.
     

    Attached Files:

    sanjay_sansanwal, Aug 21, 2012
    Share #6
  7. masihpatel

    masihpatel Active Member

    Joined:
    Jun 2, 2012
    Messages:
    325
    Likes Received:
    49
    Made yesterday high of 622.
     

    Attached Files:

    Last edited: Aug 25, 2012
    masihpatel, Aug 25, 2012
    Share #7
  8. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    It was just a spike and not a clear breakout above 622.
     
    shabbir, Aug 25, 2012
    Share #8
  9. masihpatel

    masihpatel Active Member

    Joined:
    Jun 2, 2012
    Messages:
    325
    Likes Received:
    49
    CMP is 638.
     
    masihpatel, Aug 31, 2012
    Share #9