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Unitech

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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    Can Unitech be considered as a breakout as it has break a high of 25.75(13.07.2012) and made a new high of Rs.26.50

    Buy Unitech @ 26.50 with a SL of Rs.24.60 and Tgt of Rs. 29
     

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  2. shabbir

    shabbir Administrator Staff Member

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    How you get a SL of 24.60?
     
  3. tushant02_shah

    tushant02_shah New Member

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    Previous Candle Low
     
  4. shabbir

    shabbir Administrator Staff Member

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    Not what I prefer. I don't see any pattern being formed here