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U formation

Discussion in 'Technical Analysis' started by yankeedin, Jan 4, 2015.

  1. yankeedin

    yankeedin Responder

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    Exide, is at 52 and life time high.

    Also in daily chart, we can find a U pattern starting mid September 2014..

    target of 225 is feasible with sl around 165-170.. cmp is 185
     
    yankeedin, Jan 4, 2015
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  2. shwetagnema

    shwetagnema Active Member

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    nice chart, buy for me SL is 175 and target 195
     
    shwetagnema, Jan 5, 2015
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  3. sethuramcbe

    sethuramcbe Responder

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    what should be strategy for exide industries now,
     
    sethuramcbe, Jul 28, 2015
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  4. shabbir

    shabbir Administrator Staff Member

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    Avoid long positions.
     
    shabbir, Jul 29, 2015
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  5. sethuramcbe

    sethuramcbe Responder

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    i entered @148 should i hold or exit
     
    sethuramcbe, Jul 29, 2015
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  6. sethuramcbe

    sethuramcbe Responder

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    TGT i see is 168 or 172
     
    sethuramcbe, Jul 29, 2015
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  7. shabbir

    shabbir Administrator Staff Member

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    Based on what?
     
    shabbir, Jul 30, 2015
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  8. sethuramcbe

    sethuramcbe Responder

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    200w support is @139
    50w @168
    my idea is to buy around 200w support and exit around 50 week
     
    sethuramcbe, Jul 30, 2015
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  9. shabbir

    shabbir Administrator Staff Member

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    I don't use that calculations for trading and so not sure if it works or not but if it does, thats the best thing that can happen.
     
    shabbir, Aug 5, 2015
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  10. sethuramcbe

    sethuramcbe Responder

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    I tried with elantes beck
    bought around 1150 - it went up to 1450
    vakrangee
    escorts

    i also had some flops too but i need to add some more paramter to verify my logic.

    My idea is to keep my strategy as simple as possible
     
    sethuramcbe, Aug 5, 2015
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  11. shabbir

    shabbir Administrator Staff Member

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    Something that works is the best thing to happen. Just build over it.
     
    shabbir, Aug 7, 2015
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