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Cera Sanitaryware

Discussion in 'Technical Analysis' started by m_padmakumar, Oct 11, 2012.

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  1. m_padmakumar

    m_padmakumar Member

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    Fundamentally and Technically strong stock. Can be bought @ CMP (377) with stop loss 349 or 330. Pl. Share views.

    Thanks
     
  2. shabbir

    shabbir Administrator Staff Member

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    Technically perfect levels and possibly a multibagger as well.
     
  3. shabbir

    shabbir Administrator Staff Member

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    Today Hem securities recommends this stock.
     
  4. verenmitter2001

    verenmitter2001 Member

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    Hi Shabbir
    I was planning to enter this stock at cmp.
    what should be the stoploss as the stock is constant uptrend. I think 350 can be stop loss what do yousugeest.

    Regards
    Veren
     
  5. shabbir

    shabbir Administrator Staff Member

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    350 to 360 range can be your stop loss.
     
  6. kksudin

    kksudin New Member

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    Shabbir,
    I am holding it for more than a year now. bought at 190. At what level I can take profits?
     
  7. shabbir

    shabbir Administrator Staff Member

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    Whenever you think it is just too much profit for you.
     
  8. shabbir

    shabbir Administrator Staff Member

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  9. verenmitter2001

    verenmitter2001 Member

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    Hi
    CERA has closed today at 412.50 and had touched 408 level in intraday.
    Shabbir what should be the stop loss for this . The imediate stoploss i was watching was 410 as per the long green candle formed on 03 jan 2013 or it should be 395 ... please suggest as i am stuck between these two...

    Thanks and Regards
    Veren
     
  10. shabbir

    shabbir Administrator Staff Member

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    400 but to be on safe side 398 as that would mean crack of 400
     
  11. verenmitter2001

    verenmitter2001 Member

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    Shabbir we consider stoploss price of 400 as closing price of the day or intraday price movement can also be considered.

    Cera has touched 400 today.
    regards
    Veren
     
  12. shabbir

    shabbir Administrator Staff Member

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    Yes 400 should be your stop.