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Hexaware

Discussion in 'Technical Analysis' started by tushant02_shah, Oct 4, 2012.

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  1. tushant02_shah

    tushant02_shah New Member

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    Hi All Members,

    Can Hexaware be sold below 119 with SL of 124.50 and Tgt of 114.
     

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    tushant02_shah, Oct 4, 2012
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  2. shabbir

    shabbir Administrator Staff Member

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    Risk reward ratio is not favorable. 110 is very good support and shorting should be done when major support cracks.
     
    shabbir, Oct 4, 2012
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  3. tushant02_shah

    tushant02_shah New Member

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    OK

    Thanks
     
    tushant02_shah, Oct 4, 2012
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  4. m_padmakumar

    m_padmakumar Member

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    Can we buy at CMP (116) with stop loss 108?

    Thanks
     
    m_padmakumar, Nov 7, 2012
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  5. sujan4bw

    sujan4bw Member

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    No...it is no Trade Zone.
     
    sujan4bw, Nov 7, 2012
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  6. shabbir

    shabbir Administrator Staff Member

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    Ditto on that.
     
    shabbir, Nov 7, 2012
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  7. chequesuraj

    chequesuraj Member

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    how to realize no trade zone situation?

    it's misleading new learners like us as starting of second leg for W pattern...

    pls guide us on this...?
     
    chequesuraj, Nov 7, 2012
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  8. shabbir

    shabbir Administrator Staff Member

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    If there is no pattern which suits your trading ideas, it is in no trade zone.

    I prefer a W or a breakout and if I don't see a stock in those patterns, I call it as no trade zone.
     
    shabbir, Nov 7, 2012
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