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Any views on Spicejet

Discussion in 'Technical Analysis' started by naveen1241, Apr 17, 2013.

  1. naveen1241

    naveen1241 Responder

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    Hi All,

    Any views on Spicejet?

    Thanks
    Naveen
     
    naveen1241, Apr 17, 2013
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  2. srspriya06

    srspriya06 Active Member

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    Spice jet forms W pattern which is not perfect. It is safe to buy above 36
     
    srspriya06, Apr 17, 2013
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  3. shabbir

    shabbir Administrator Staff Member

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    Are you looking for long or shorting views?
     
    shabbir, Apr 17, 2013
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  4. sainath85

    sainath85 Member

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    I think it is in no trade zone
     
    sainath85, Apr 17, 2013
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  5. naveen1241

    naveen1241 Responder

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    I had bought at 30.20 levels ? Should I take profits or wait ?
     
    naveen1241, May 6, 2013
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  6. vishuhd1

    vishuhd1 Member

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    If the stock opens and closes much below 41.3 levels tomorrow, then we may see some downside in this.. So, watch for tomorrow's candle levels if you want to stay invested in this..
     
    vishuhd1, May 6, 2013
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  7. naveen1241

    naveen1241 Responder

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    Thanks .. VISHWANATHA
     
    naveen1241, May 7, 2013
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  8. vishuhd1

    vishuhd1 Member

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    You are welcome..
     
    vishuhd1, May 7, 2013
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  9. naveen1241

    naveen1241 Responder

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    Any fundamental views on going long ?
     
    naveen1241, May 7, 2013
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  10. vishuhd1

    vishuhd1 Member

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    I personally don't follow the fundamentals of any of the stocks..
     
    vishuhd1, May 7, 2013
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  11. naveen1241

    naveen1241 Responder

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    A technical analyst who preach and strictly follows what he advocates need not waste time in Fundamentals in fact. But I don't have the habit of religiously following rules of strict SL and timely profit booking. Hence I back the support of fundamentals many a time while choosing stocks. Just for the psychological feeling of being invested in a safe stock.
    Thanks for your time again Vishu :)
     
    naveen1241, May 7, 2013
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  12. vishuhd1

    vishuhd1 Member

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    You are very much correct on this.. If we don't hv enough time on a day-to-day basis to check the charts and stock prices, its better to be a medium or long term investor by following fundamentals rather than a trader... Thanks to you too.. :)..
     
    vishuhd1, May 8, 2013
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