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buy time??

Discussion in 'Technical Analysis' started by shwetagnema, Aug 18, 2014.

  1. shwetagnema

    shwetagnema Active Member

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    hi shabbir,
    it has breached the strong resistance of 612 and closed at 613.35 in last trading session. do you think it's a buy time for it with 560 as stop loss. .............I'm already invested in it.....it may not be fresh buying candidate but should I add some of it????
     
    shwetagnema, Aug 18, 2014
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  2. shabbir

    shabbir Administrator Staff Member

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    Clearly a buy with a stop loss of 560 and yes good time to add more to it.
     
    shabbir, Aug 18, 2014
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  3. hirenrachh

    hirenrachh Member

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    Its rocking......It hit the high 633...I took the long position at592....
     
    hirenrachh, Aug 18, 2014
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  4. shabbir

    shabbir Administrator Staff Member

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    Party time Hiren :D
     
    shabbir, Aug 18, 2014
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  5. hirenrachh

    hirenrachh Member

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    Yes......cheers....party time...closed aound 648.....i still have open position.....what can be the possible target shabbir?
     
    hirenrachh, Aug 18, 2014
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  6. shabbir

    shabbir Administrator Staff Member

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    Unless you plan to go with trailing stop loss, you should stick to your initial targets only and not be too greedy - http://shabbir.in/control-greed-market/
     
    shabbir, Aug 18, 2014
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