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Stock Chart of the Day 14th May 2014

Discussion in 'Chart of the Week' started by shabbir, May 14, 2014.

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  1. shabbir

    shabbir Administrator Staff Member

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    Last edited: Jul 16, 2017
    shabbir, May 14, 2014
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  2. Prescilla

    Prescilla Member

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    Hi Shabbir,

    How are you? After a long time I am coming on the forum. What is your view on Cipla. It has a strong support at Rs 398/-. Can I enter at this rate for a target of 410 to 420.
    Regards,

    PF
     
    Prescilla, May 15, 2014
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  3. srspriya06

    srspriya06 Active Member

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    Hi precilla just post it in new thread to avoid confusion :)
     
    srspriya06, May 15, 2014
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  4. shabbir

    shabbir Administrator Staff Member

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    Please don't jump into any thread with your question and try to keep things as they should be. Each stock should be in a new thread.
     
    shabbir, May 15, 2014
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  5. monilhathi

    monilhathi New Member

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    Hi Shabbir

    I am also coming on the forum after a long break. I barely am finding time nowadays for trading. I am trying to understand what is the purpose of the "stock chart of the day"? Is it for a trading opportunity?
     
    monilhathi, May 15, 2014
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  6. shabbir

    shabbir Administrator Staff Member

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    Yes. As I spot new opportunities, share them here for others to learn and grab the opportunity.
     
    shabbir, May 16, 2014
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  7. sobhan51

    sobhan51 New Member

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    pl inform the technic of entry and exit into stock thru chart
     
    sobhan51, May 16, 2014
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  8. shabbir

    shabbir Administrator Staff Member

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    Thats what the whole ebook is all about. Can you let me know if you have any issues in understand the concept of the ebook and will be more than happy to help you.
     
    shabbir, May 16, 2014
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  9. onkar9

    onkar9 New Member

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    Hey Shabbir

    This is for what time frame & what is the target.Is this 965.1 the buying price.

    please reply

    regards

    Omkar Kulkarni
     
    onkar9, May 18, 2014
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  10. shwetagnema

    shwetagnema Active Member

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    1.this stock has taken one positive tick after taking support from 940. also, it has taken up turn from the lowest point of the yearly channel trend. do you feel this is the entry point or should I wait for 1-2 more positive ticks and then buy it.

    2. comparing other pharma stocks....many good pharma stocks like cadila and biocon have breached there SL levels. will it have any impact or not?

    3. although i already have some and had taken SL as 940 but didn't sell when it touched it as it closed above this level.

    So, what do you suggest that this is time for accumulation or wait and watch?
     
    shwetagnema, May 19, 2014
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  11. shabbir

    shabbir Administrator Staff Member

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    No you should not be buying now and it is in downtrend and wait for the consolidation and support being held.

    Look for buying in the leg up
     
    shabbir, May 19, 2014
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  12. shabbir

    shabbir Administrator Staff Member

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    Again Lupin is a stock to keep in your watch list

    [​IMG]

    Keep an eye on this stock.
     

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    shabbir, Jul 13, 2014
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  13. masihpatel

    masihpatel Active Member

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    Nice one Shabbir, Can we enter@CMP for the target of around 1100, with SL @1014? or it should be buy only above 1100?Please share your view.
     
    Last edited: Jul 13, 2014
    masihpatel, Jul 13, 2014
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  14. yankeedin

    yankeedin Responder

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    I feel it can be bought @cmp.
     
    yankeedin, Jul 13, 2014
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  15. shabbir

    shabbir Administrator Staff Member

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    I will wait for the pattern to be formed which looks like will be formed ASAP.
     
    shabbir, Jul 14, 2014
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  16. shwetagnema

    shwetagnema Active Member

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    after third +ve tick, do u think it's a buy??
     
    shwetagnema, Jul 15, 2014
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  17. shabbir

    shabbir Administrator Staff Member

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    Yes but 1010 should be real strict stop.
     
    shabbir, Jul 15, 2014
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  18. chethankrc

    chethankrc Active Member

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    Good one. Lupin broke the resistance 1103 Rs.
     
    chethankrc, Jul 25, 2014
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