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

TATA Global Bevarages

Discussion in 'Technical Analysis' started by sujan4bw, Aug 1, 2012.

Tags:
  1. sujan4bw

    sujan4bw Member

    Joined:
    Jun 12, 2012
    Messages:
    557
    Likes Received:
    18
    Again took position in TGB.
     
  2. aveerareddy9

    aveerareddy9 New Member

    Joined:
    Aug 10, 2012
    Messages:
    42
    Likes Received:
    0
    it is rocking today ... 163.20
     
  3. chequesuraj

    chequesuraj Member

    Joined:
    May 3, 2012
    Messages:
    104
    Likes Received:
    8
    Sujan,

    Should we be in 170 CE for this week if it opens tomorrow above the today's close or 162+?

    suraj
     
  4. sujan4bw

    sujan4bw Member

    Joined:
    Jun 12, 2012
    Messages:
    557
    Likes Received:
    18
    Suraj...Im not really sure about your strategy and risk levels.

    I would just if you are already in profit.....please make sure you square off by the end of this week.
     
  5. sujan4bw

    sujan4bw Member

    Joined:
    Jun 12, 2012
    Messages:
    557
    Likes Received:
    18
    Starbucks has opened its first store in India with TATA GLOBAL partnership in an historic building in south Mumbai.

    Should see how stock behaves next week with startegic partnership with Starbucks.
     
  6. vishuhd1

    vishuhd1 Member

    Joined:
    Sep 1, 2012
    Messages:
    214
    Likes Received:
    15
    Occupation:
    Software Engineer in IBM, Bangalore
    Guys..
    Any idea why this stock price is coming down everyday?... Is it because of profit booking and squaring off of the Oct futures or the stock is too tired to go beyond 162 or 163 levels?.. Pls share some light on it.. Thanks..
     
  7. verenmitter2001

    verenmitter2001 Member

    Joined:
    Sep 22, 2012
    Messages:
    354
    Likes Received:
    12
    Occupation:
    IT, Education & Ex-Army officer
    yes Even I am concerned . .
    Shabbir kindly comment on this stock as I entered into it at 162.

    Regards
    Veren
     
  8. sujan4bw

    sujan4bw Member

    Joined:
    Jun 12, 2012
    Messages:
    557
    Likes Received:
    18
    Today October series expiry, so ppl squaring off Oct series contracts. Be cautious its results will be declared on 31st Oct.
     
  9. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    If you got into the stock technically, finding reason for downside is not right. Technically it should be forming a pattern now after a breakout above 138
     
  10. verenmitter2001

    verenmitter2001 Member

    Joined:
    Sep 22, 2012
    Messages:
    354
    Likes Received:
    12
    Occupation:
    IT, Education & Ex-Army officer
    Yes you are right Shabbir. Thanks for the guidance.
     
  11. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    The pleasure is all mine.
     
  12. m_padmakumar

    m_padmakumar Member

    Joined:
    Jun 22, 2012
    Messages:
    119
    Likes Received:
    5
    TGB has formed double bottom. Can we enter above 134 with SL 124?

    Thanks
     
  13. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    Yes but wait for couple more trading sessions to confirm the bottom.