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Tata global

Discussion in 'Technical Analysis' started by suneelkoul, Nov 15, 2012.

  1. suneelkoul

    suneelkoul New Member

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    Hi All,

    Tata Global has moved ahead of previous high of 165.
    Can we buy at current levels (171.45) with SL@ 160 and 1st target of 181.

    Kindly let me know you views.

    Thanks,
    Sunil
     
    suneelkoul, Nov 15, 2012
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  2. shabbir

    shabbir Administrator Staff Member

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    Yes but try keeping SL at around 155+ and not 160ish
     
    shabbir, Nov 15, 2012
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  3. suneelkoul

    suneelkoul New Member

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    Booked 50% on 181...
    Next target would be 190

    Thanks,
    Sunil
     
    suneelkoul, Nov 15, 2012
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  4. shabbir

    shabbir Administrator Staff Member

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    Gr8 going.
     
    shabbir, Nov 15, 2012
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  5. praveenbkec

    praveenbkec Member

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    Hi Guys,

    whats the meaning of
    "Booked 50% on 181..." can you please explain?

    Thanks,
    Praveen
     
    praveenbkec, Nov 15, 2012
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  6. shabbir

    shabbir Administrator Staff Member

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    Squared off his 50% position at that prices
     
    shabbir, Nov 15, 2012
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  7. praveenbkec

    praveenbkec Member

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    thanks shabbir...
     
    praveenbkec, Nov 15, 2012
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  8. drsuraimardi

    drsuraimardi New Member

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    Is the retracement of tata global has given a chance for fresh entry here or should one wait for further downside upto 146...? Please share your views .Thanks .
     
    drsuraimardi, Nov 21, 2012
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  9. yankeedin

    yankeedin Responder

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    it has already broken minor support of 165 and with huge volumes.as per me it can even go to 138 levels. But if it can jump above 165 and stay above it for few days, it can again be a buy.

    At present its in no trade zone.
     
    yankeedin, Nov 21, 2012
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  10. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    It is making high top high bottom and till it is above 147 it is in uptrend, after the break out and a new high it is obvious to see some correction other wise it can't move further for longer.
    For fresh entry we should wait & watch.
     
    sanjay_sansanwal, Nov 21, 2012
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  11. spmuralisp1

    spmuralisp1 New Member

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    Dear Shabbir sir,

    now i can enter this level (CMP 163) for target of 180.00 for 2-3 months,

    Please advice
    Thanks & Regards
    Sp.murali
     
    spmuralisp1, Nov 26, 2012
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  12. shabbir

    shabbir Administrator Staff Member

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    What would be your Stop Loss? I would keep mine for around 150.
     
    shabbir, Nov 26, 2012
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  13. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    I would say 155 for smart/risky trader and 146 for safe investor choose any one as per ur appetite.
     
    sanjay_sansanwal, Nov 26, 2012
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