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AMRUTANJAN is it good to enter?

Discussion in 'Chart of the Week' started by chethankrc, Jul 6, 2014.

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  1. chethankrc

    chethankrc Active Member

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    Hi All,
    ATMRUTANJAN is at 52 week high @188 Rs
    Target 240 and stoploss 160.
    Is it good to enter?

    Pls share your views..
     

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    chethankrc, Jul 6, 2014
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  2. shabbir

    shabbir Administrator Staff Member

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    Yes it looks good but a better breakout or sustained breakout will make it even better.
     
    shabbir, Jul 7, 2014
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  3. shwetagnema

    shwetagnema Active Member

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    by better breakout, you mean, if it would have closed above 190, then it could be a buy. Am I right?
     
    shwetagnema, Jul 7, 2014
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  4. shabbir

    shabbir Administrator Staff Member

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    Yes.
     
    shabbir, Jul 7, 2014
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  5. chethankrc

    chethankrc Active Member

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    Thanks,
    Now Ambrutanjan is seeing some profit booking.
    As you have told Will wait and see if it close above 190.
     
    chethankrc, Jul 7, 2014
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  6. shabbir

    shabbir Administrator Staff Member

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    :)
     
    shabbir, Jul 7, 2014
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