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Financial Technologies

Discussion in 'Technical Analysis' started by sujan4bw, Aug 13, 2012.

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  1. sujan4bw

    sujan4bw Member

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    Hi All,

    Whats your view on Financial Technologies. Today there is Breakout of previous high 824 on 11-07-12. My view is it can be buy above 850.

    Let me know your views

    Regards
    Sujan
     

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    sujan4bw, Aug 13, 2012
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  2. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    I think this stock can buy @ above 845 because after long down trend it has taken good support @ 510 then @ 549 and from 24/5/12 it is in uptrend and trend reversal is from 660 and manage to cut its good resistence @ 825 with good volume.775 will be good support for the stock.
     
    sanjay_sansanwal, Aug 13, 2012
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  3. sujan4bw

    sujan4bw Member

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    Stock is trading at 856 now.
     
    sujan4bw, Aug 14, 2012
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  4. shabbir

    shabbir Administrator Staff Member

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    Yes the downtrend has halted with support and then formation of W and so should be a good buy but make sure you follow your stops strictly and this W can be fake as well
     
    shabbir, Aug 14, 2012
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  5. sujan4bw

    sujan4bw Member

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    Thx Shabbir, I will follow stop loss.
     
    sujan4bw, Aug 14, 2012
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  6. sujan4bw

    sujan4bw Member

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    Started thread exactly one month back i,e on 13-08-12...today 13-09-12. It is up by Rs 80.

    Today high is 918..still going strong :D.
     

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    sujan4bw, Sep 13, 2012
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  7. shabbir

    shabbir Administrator Staff Member

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    Great going.
     
    shabbir, Sep 13, 2012
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  8. sujan4bw

    sujan4bw Member

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    Thx Shabbir
     
    sujan4bw, Sep 13, 2012
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  9. sujan4bw

    sujan4bw Member

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    Financial Technologies making higher tops and higher bottoms. Today breakout and made high of 983.

    Again now can enter at CMP with stop loss of 900......what do you say Shabbir ?
     
    sujan4bw, Sep 28, 2012
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  10. shabbir

    shabbir Administrator Staff Member

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    Perfect Levels Sujan
     
    shabbir, Sep 28, 2012
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  11. sujan4bw

    sujan4bw Member

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    started giving stop loss details :)
     
    sujan4bw, Sep 28, 2012
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  12. shabbir

    shabbir Administrator Staff Member

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    Better because having them at your hand is always good and you never know when market starts acting the way we don't expect it to.
     
    shabbir, Sep 28, 2012
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