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Bhushan Steel, Corporation Bank & Jet Airways

Discussion in 'Technical Analysis' started by naveen1241, Jun 6, 2014.

  1. naveen1241

    naveen1241 Responder

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    Hi All,

    Bhushan Steel, Corporation Bank & Jet Airways are some stocks in radar for me, where risk reward seems good, while SENSEX and NIFTY not willing to give up for catch up games. Share your thoughts.

    Thanks
    Naveen
     
    naveen1241, Jun 6, 2014
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  2. shabbir

    shabbir Administrator Staff Member

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    Technically

    • Bhushan Steel - Avoid as no pattern
    • Corporation Bank - Looks good with 350 as SL
    • Jet Airways - Avoid because of big gap down
     
    shabbir, Jun 6, 2014
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  3. naveen1241

    naveen1241 Responder

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    Bought Bhushan @ 433 and quit @ 447 although I expected 470 levels.

    Thanks
    Naveen
     
    naveen1241, Jun 10, 2014
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  4. srspriya06

    srspriya06 Active Member

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    Bhushan Steel:

    Yesterday it has made a high of 519. But try to avoid such type of stocks as chart seems to be bad as there is no patterns formed . While seeing 5 years chart , it seems to be ranging market. It is neither in uptrend nor in downtrend. There are many good stocks in the market. Why do we want to take risk by choosing this type of stocks.
     
    Last edited: Jun 10, 2014
    srspriya06, Jun 10, 2014
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