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amara raja batteries

Discussion in 'Technical Analysis' started by shwetagnema, Feb 12, 2014.

  1. shwetagnema

    shwetagnema Active Member

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    it formed new high yesterday. it has come out of slight flag pattern. if it goes positive today, it's a buy for the target 390 and SL 350. cmp is 365.
     
  2. shabbir

    shabbir Administrator Staff Member

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    Spot on.
     
  3. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    myidgmc likes this.
  4. shwetagnema

    shwetagnema Active Member

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    thanks a lot shabbir and sanjay
     
  5. sanjay_sansanwal

    sanjay_sansanwal Contributor

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  6. shabbir

    shabbir Administrator Staff Member

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    Same here
     
  7. m_padmakumar

    m_padmakumar Member

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    Chart still looking good. Is it right time to enter with SL 605?

    Thanks
     
  8. shabbir

    shabbir Administrator Staff Member

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    Yes but SL should be strict
     
  9. farazzeya

    farazzeya Member

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  10. shabbir

    shabbir Administrator Staff Member

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    What was your stop loss when you bought it. Also was this a trading position or investment?

    Mine was an investment and so my stop loss is 450 and below.
     
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  11. farazzeya

    farazzeya Member

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  12. jiju6justus

    jiju6justus Member

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    Dear Shabhir I need a small clarification. If your SL is at 450 that means you are willing to lose 47% of your capital in this stock. Correct me if I am wrong
     
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  13. shabbir

    shabbir Administrator Staff Member

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    You are right but then my target is beyond 2k as well. When your ROI is 1.5x, you should be fine. target is atleast 5 years down the line though.
     
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  14. caringvij

    caringvij Active Member

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    Day by day amarar ana falling


    Sent from my XT1079 using DIY Technical Analysis mobile app
     
  15. caringvij

    caringvij Active Member

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