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buy at camp with stop 920

Discussion in 'Technical Analysis' started by verenmitter2001, May 10, 2015.

  1. verenmitter2001

    verenmitter2001 Member

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    Hi shabir
    Sun pharma can be bought at cmp with sl 920 and very favourable risk reward ratio.
    Whars your view?
    Regards
    Veren
     
    verenmitter2001, May 10, 2015
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  2. shwetagnema

    shwetagnema Active Member

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    in my opinion, it is a buy after 960 with sl 920. that it will form a W pattern.
     
    shwetagnema, May 11, 2015
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  3. shabbir

    shabbir Administrator Staff Member

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    Yes ROI is interesting but anticipated breakout may not work and because of gap down could result in longer than expected time for breakout.
     
    shabbir, May 11, 2015
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