1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Buy @ CMP with SL 1430

Discussion in 'Technical Analysis' started by naveen1241, Jun 10, 2014.

  1. naveen1241

    naveen1241 Responder

    Joined:
    Jul 11, 2012
    Messages:
    292
    Likes Received:
    52
    Hi All,

    I think ICICI is a buy @ 1480 levels with SL 1430 and target near 1600 levels.

    Thanks
    Naveen
     
    naveen1241, Jun 10, 2014
    Share #1
  2. srspriya06

    srspriya06 Active Member

    Joined:
    Dec 13, 2012
    Messages:
    243
    Likes Received:
    47
    Yes. But Stoploss is 1400.
     
    srspriya06, Jun 10, 2014
    Share #2
  3. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    Exactly
     
    shabbir, Jun 10, 2014
    Share #3
  4. verenmitter2001

    verenmitter2001 Member

    Joined:
    Sep 22, 2012
    Messages:
    354
    Likes Received:
    12
    Occupation:
    IT, Education & Ex-Army officer
    Hi
    Can Icici bank be bought at cmp with 1395 as sl or we should wait for few more days?

    regards
    veren
     
    verenmitter2001, Jun 26, 2014
    Share #4
  5. naveen1241

    naveen1241 Responder

    Joined:
    Jul 11, 2012
    Messages:
    292
    Likes Received:
    52
    Personally, I have took small position with 1390 closing SL .

    Thanks
    Naveen
     
    naveen1241, Jun 26, 2014
    Share #5
  6. srspriya06

    srspriya06 Active Member

    Joined:
    Dec 13, 2012
    Messages:
    243
    Likes Received:
    47
    It can be a buy above 1458.
     
    srspriya06, Jun 26, 2014
    Share #6
  7. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    I would wait because this stock looks like in consolidation phase between 1400 and 1500 and so above 1500 is great and below 1400 is avoid.
     
    shabbir, Jun 26, 2014
    Share #7
    shwetagnema likes this.
  8. monilhathi

    monilhathi New Member

    Joined:
    Jun 7, 2012
    Messages:
    92
    Likes Received:
    0
    Occupation:
    Marketing
    Hi Shabbir, isnt it better to avoid Banking stocks till the time budget is announced? They may suceptible to wild swings till 10/11 July.
     
    monilhathi, Jun 29, 2014
    Share #8
  9. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    Yes but if patterns are right and if you are religious about stop loss, you should be fine testing it out.
     
    shabbir, Jun 29, 2014
    Share #9