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Atul ltd.

Discussion in 'Technical Analysis' started by sanjay_sansanwal, Aug 6, 2012.

  1. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Atul ltd.is making higher top higher bottom from jan 3rd and rally 149 to 300.
    now it is @ 277.8
    I think it is good buy @ cmp with stoploss of 260.
    share ur views.
     
  2. shabbir

    shabbir Administrator Staff Member

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    Perfect levels.
     
  3. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Atul is up by 10% today, Booked 40% @ 300
     
  4. ggchavhan

    ggchavhan New Member

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    Congrats

    Congrats Sanjay
    Good pick
     
  5. shabbir

    shabbir Administrator Staff Member

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    Yes very good pick Sanjay.
     
  6. masihpatel

    masihpatel Active Member

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    great pick sanjay. Can we enter at CMP or we missed?
     
    Last edited: Aug 21, 2012
  7. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Cmp is 308.30 and today high is 316.50 and immediate support @ 270 where strong support @ 260.
    So if u r comfortable with 10-15% as stoploss then u can enter.
    My current stop loss is 280 which was my purchase price.
     
  8. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Booked 30% @ 320, Great move in very quick time.
     
  9. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Trailing stop hit @ 300 .
     
  10. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Atul is looking good.
    Buy should be above 331 with stp loss loss of 295.
    Share ur views.
     
  11. shabbir

    shabbir Administrator Staff Member

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    Great levels and 300 stop loss was trailing and it formed the pin bar and moved above it.
     
  12. m_padmakumar

    m_padmakumar Member

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    Entered @333.70
     
  13. m_padmakumar

    m_padmakumar Member

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    Don't know the reason for sudden jump today. Sold 40% at 371.20.
     
  14. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    It is doing the same thing from last few months.
    But put ur stop on regular basis in this script cause it jumps downward too.
     
  15. shabbir

    shabbir Administrator Staff Member

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    And make sure you revise your stop higher.
     
  16. sanjay_sansanwal

    sanjay_sansanwal Contributor

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  17. m_padmakumar

    m_padmakumar Member

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    Thanks Shabbir. I always revise my stop loss 5% less my selling price. ie. 353 is my revised stop loss.