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Den Networks LTD

Discussion in 'Technical Analysis' started by sanjay_sansanwal, Jul 30, 2012.

  1. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Den has formed w pattern and break out @117.1 high of 3/5/12 with stop loss of 110, i am buying @ 121.20.
    what is ur view?
     
  2. shabbir

    shabbir Administrator Staff Member

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    Well spotted and yes 110 should be your strict stop loss.
     
  3. masihpatel

    masihpatel Active Member

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    good stock pick.
     
  4. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    I hope so cause i am learning technical after reading the book of shabbir also I would like to mention that I have lost my precious money around 4 lakh to 5 lakh only beacuse of blind faith on tips provider and now I am doing by my self.
    Plz correct/suggest me whenever you think you should.
    Thanks.
     
  5. masihpatel

    masihpatel Active Member

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    We all are having almost the same story.
     
  6. shabbir

    shabbir Administrator Staff Member

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    Getting into market with no knowledge leads to same story and the important thing is trying to come out of it with the knowledge and avoiding believing those stock tippers.
     
  7. shabbir

    shabbir Administrator Staff Member

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    I got an SMS today from PowerYourTrade that Ventura Securities have identified Den Network as Multibagger Stock.
     
  8. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Booked 40% @ 132.
     
  9. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Booked 30% @ 143
     
  10. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    All target done @ 155
     
  11. shabbir

    shabbir Administrator Staff Member

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    Great going. :D
     
  12. masihpatel

    masihpatel Active Member

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  13. m_padmakumar

    m_padmakumar Member

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    Can we buy at CMP (180) with stop loss 162 and target 216?

    Thanks
     
  14. shabbir

    shabbir Administrator Staff Member

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    I would have the stop as 160
     
  15. m_padmakumar

    m_padmakumar Member

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    can be entered at CMP (209) with SL 195, Pl. share views...

    Thanks
     
  16. krasquinha

    krasquinha Member

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    I think we need to wait for the breakout above 210.

    Shabbir - Please advise.

    Regards,
    Kiran
     
  17. shabbir

    shabbir Administrator Staff Member

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    Break out above 210 is better but then it is in long trend and so you can take positions for an anticipated breakout pattern as well
     
  18. krasquinha

    krasquinha Member

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    Thanks Shabbir.
     
  19. m_padmakumar

    m_padmakumar Member

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    Correcting myself. Result declared on 16th plus stock is on downtrend today. So I am waiting for the breakout...

    Thanks
     
  20. verenmitter2001

    verenmitter2001 Member

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    breakout in DEN networks.....