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Buy?

Discussion in 'Technical Analysis' started by verenmitter2001, Mar 25, 2014.

  1. verenmitter2001

    verenmitter2001 Member

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    Hi al
    Can hul be bought at cmp with sl of 555

    Regards
    Veren
     
  2. naveen1241

    naveen1241 Responder

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    SL seems good. What about risk-reward ? Wont 580-620 levels pose resistance. Also price is above the bollinger band. Trying to analyse and these could be my mere thoughts. Expert opinions please.

    Thanks
    Naveen
     
  3. shwetagnema

    shwetagnema Active Member

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    although it has come out of long term down trend, buy i would like to wait till it crosses 590-600 which is a zone of strong resistance.
     
    srspriya06 likes this.
  4. verenmitter2001

    verenmitter2001 Member

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    Hi all
    What's the take on hul now

    Regards
    Veren
     
  5. srspriya06

    srspriya06 Active Member

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    There is no volatality in price movement. I wont enter into this stock at present.