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Ranbaxy

Discussion in 'Technical Analysis' started by shahil_141, Feb 21, 2013.

  1. shahil_141

    shahil_141 New Member

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    Hi shabbir...what is your call on ranbaxy....its 415 now....
     
  2. shahil_141

    shahil_141 New Member

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    Hi shabbir...whats your call on ranbaxy....??
     
  3. shabbir

    shabbir Administrator Staff Member

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    Avoid it.

    Merged both your threads Shahil
     
  4. shahil_141

    shahil_141 New Member

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    415...very attractive....do u expect it to fall more...??
     
  5. shabbir

    shabbir Administrator Staff Member

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    How do you think it is attractive because I think technically if it can fall from 580 to 415, it can go further down as well. If there is no downside then it should form a new support at around this level for at least couple of weeks to even months before moving up and so I don't see any attractiveness in this company technically.