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Banking stocks, Reliance Infra & Tata Motors

Discussion in 'Technical Analysis' started by naveen1241, Mar 28, 2014.

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  1. ravirajpr

    ravirajpr Responder

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    Hi,

    I've noticed that most of the banking stocks have finished with the downtrend and started with trend-reversal and banking ETF would be a better investment instead of investing in many bank stocks.
    I had initially missed the trend-reversal during Feb-14 and have taken a long position at range breakout in R Shares Banking ETF.

    SBI - A nice Double bottom had formed in SBI and I've taken a long position from Mar-14
     

    Attached Files:

    ravirajpr, Apr 27, 2014
    Share #21
  2. srspriya06

    srspriya06 Active Member

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    Banking stocks Rocking !!!!!!!!!!!!

    Yes bank @ 578.55
    Canara Bank @ 400.
     
    srspriya06, May 16, 2014
    Share #22
    masihpatel and naveen1241 like this.
  3. naveen1241

    naveen1241 Responder

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    Sold of Can Bank completely yesterday. :(
    Never mind. Others rocking as well. :) :) :)
     
    naveen1241, May 16, 2014
    Share #23
  4. srspriya06

    srspriya06 Active Member

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    Its all in the game Naveen :)
     
    srspriya06, May 16, 2014
    Share #24
  5. naveen1241

    naveen1241 Responder

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    Are you selling anything today ?

    Thanks
    Naveen
     
    naveen1241, May 16, 2014
    Share #25
  6. naveen1241

    naveen1241 Responder

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    What to do with Reliance Infra ? Still holding good quantity. Any advice ?

    Thanks
    Naveen
     
    naveen1241, May 16, 2014
    Share #26
  7. srspriya06

    srspriya06 Active Member

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    Reliance infra made a high of 644. Can book partial profit. Wait for shabbir's advice
     
    srspriya06, May 16, 2014
    Share #27
  8. srspriya06

    srspriya06 Active Member

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    Short term trades booked partially.
     
    srspriya06, May 16, 2014
    Share #28
  9. shabbir

    shabbir Administrator Staff Member

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    Market is rocking :D
     
    shabbir, May 16, 2014
    Share #29
  10. naveen1241

    naveen1241 Responder

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    Quit Reliance Infra @ 620 levels. Didn't want to loose the bird in hand, speculating two in the bush. Could be a gross mistake as well, never mind.

    Thanks
    Naveen
     
    naveen1241, May 16, 2014
    Share #30
  11. shabbir

    shabbir Administrator Staff Member

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    Never regret less profits.
     
    shabbir, May 16, 2014
    Share #31
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