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Hold/Sell

Discussion in 'Technical Analysis' started by siva934127, Nov 12, 2013.

  1. siva934127

    siva934127 Member

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    I hold this stock (ITC) bought at 319.
    Please let me know the support and target level and if i should hold this stock or not and provide the reason also.

    Thanks,
    Siva.
     
    siva934127, Nov 12, 2013
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  2. saptarshi_sachin

    saptarshi_sachin Responder

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    Yes, same here.

    I was about to ask the same question.

    Bought ITC @ 316 - Was initially reluctant to buy but the decision was sort of convincingly forced upon by my broker.
     
    saptarshi_sachin, Nov 12, 2013
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  3. shabbir

    shabbir Administrator Staff Member

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    Sell as it has broken the intermediate support
     
    shabbir, Nov 13, 2013
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  4. saptarshi_sachin

    saptarshi_sachin Responder

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    Thanks Shabbir...

    Exited ITC @ 318 (previously entered@316 as posted above)



     
    saptarshi_sachin, Nov 13, 2013
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  5. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Short term strict stop should be 309 for the target of 330-350-365

    Long term stop should be 280 for the target of 330-350-365 then start trailing if managed to cross 380 then target would be near around 400-410.
     
    sanjay_sansanwal, Nov 13, 2013
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    shabbir likes this.
  6. saptarshi_sachin

    saptarshi_sachin Responder

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    OK Sanjay...

    I would try to keep watch ...


     
    saptarshi_sachin, Nov 13, 2013
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  7. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Hi! Rishi

    Dear I am not God but yes I find my self as a good trader/investor. I may be wrong but this is the advise which came after analyzing the charts and same is given to one of my friend Vikas who is holding this from 311 level.
     
    sanjay_sansanwal, Nov 13, 2013
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  8. saptarshi_sachin

    saptarshi_sachin Responder

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    Yes, always try to follow your/Shabbir's advice as closely as possible.

    :D

     
    saptarshi_sachin, Nov 13, 2013
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  9. siva934127

    siva934127 Member

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    Please let me know what is the price value intermediate support for this stock.

    Thanks,
    Siva.
     
    siva934127, Nov 14, 2013
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  10. shabbir

    shabbir Administrator Staff Member

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    Broken 330ish to 320is band.
     
    shabbir, Nov 14, 2013
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