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ZICOM Electronics Security

Discussion in 'Technical Analysis' started by masihpatel, Aug 2, 2012.

  1. masihpatel

    masihpatel Active Member

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    Chart looks like attractive,given breakout at 45 (29/06/12)one can buy at CMP with stoploss of 46 for short term and 38 for long term, opinions are welcome.:)
     
  2. shabbir

    shabbir Administrator Staff Member

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    Breakout above 45 and stop loss of 46. Sounds strange.

    More strange thing is target of 38.

    Can you explain what you are trying here. Just making such meaningless post would not help. Make sure you use the forum with care.
     
  3. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Right stock wrong analyzing.
    It is in uptrend from jan 2012 and breakout @ 46 on 29/6/12 and went to 56 on 13/7/12 and now again it breakout @ 57 by yesterday only.
    one may buy this stock @cmp with stoploss of 49.
     
  4. masihpatel

    masihpatel Active Member

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    Can one enter @CMP? as today lot of other stock in red,this stock is showing some positive sign.
     
  5. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    I have already bought @ 58.50 with stoploss of 49.
     
  6. masihpatel

    masihpatel Active Member

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    I will go ahead then.
     
  7. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Follow the stoploss strictly if ur buying.
     
  8. masihpatel

    masihpatel Active Member

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    Dear sanjay, what should be the target? I bought 500@59, and CMP@62.5 Thx
     
  9. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Dear manish I am like u only, I can't predict the market but I can tell u my targets and stoploss.
    My 1st target will be around 68 for 50% with stoploss of 49
    and my 2nd target will be more than 78 with Trailing stoploss (1st my cost then I revise it time to time so that we can earn more it from here).
    That is my strategy but u can book 100% if u wish too.
     
  10. masihpatel

    masihpatel Active Member

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    Thx, it's result is on 13 aug. I think we should wait till result.
     
  11. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Thanks for alerting me, I was not aware of that.
    Now we should round off befor 1 day of result atlest I will.
    We can buy again after settling the results if there will oppurtunity.
     
  12. masihpatel

    masihpatel Active Member

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    Sitting on 9% profit, I think we should hold this stock even after the results as Electronic Security system is fast growing sector in India.
     
  13. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Dear I agreed but not to be very greedy becuase greed and fear is big enemy in market.
    I will book before the result and wait for new opportunity and my suggestion is if u want to hold then hold it but book profit partially and time to time.
    I will book 50 % if my target achived before the result and revise the stoploss to my cost and if target not achived then i will book 100% and wait for new opportunity.
     
  14. shabbir

    shabbir Administrator Staff Member

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    Never. You should be planning that before the purchase and not after the profits. Aim small hit small.
     
  15. masihpatel

    masihpatel Active Member

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    Thanks Dear shabbir and sanjay for your advises.
     
  16. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Booked 100% @ 62 because of result today.
     
  17. masihpatel

    masihpatel Active Member

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    I booked on friday above 63.
     
  18. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Great actually I forget there is no tading session before 13th but any way its good call in very short period.
     
  19. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Zicom is again making rally after result and break previous high of 65.3 yesterday and closed @ 65.85, high of the day was 69.7.
    Today also 4.5% up and made a high of 71.
    I think one may buy @ cmp with stoploss of 56.

    I am not buying cos no money left in my a/c to make any new trade.
     
    Last edited: Aug 17, 2012
  20. masihpatel

    masihpatel Active Member

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    I already exited before result with small profit, never mind better luck next time.