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strides acrolab

Discussion in 'Chart of the Week' started by yankeedin, Jul 27, 2014.

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  1. yankeedin

    yankeedin Responder

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    Hi,

    can this be bought with sl of 610? Kindly let me know your view.
     
    yankeedin, Jul 27, 2014
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  2. chethankrc

    chethankrc Active Member

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    Hi, I feel Until it breaks resistance 695-700 Rs supported with good volume it cant be bought..
     
    chethankrc, Jul 28, 2014
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  3. shabbir

    shabbir Administrator Staff Member

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    Yes but only after knowing the reason of stock going from 950 to 350.
     
    shabbir, Jul 28, 2014
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  4. yankeedin

    yankeedin Responder

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    they paid special dividend of 5000% i.e 500 rupees per share on 19th dec 2013, hence the fall
     
    yankeedin, Jul 28, 2014
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  5. shabbir

    shabbir Administrator Staff Member

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    Great so it means they are a great stock then and pattern just supports the same.
     
    shabbir, Jul 29, 2014
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