1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Bliss Gvs

Discussion in 'Technical Analysis' started by sanjay_sansanwal, Sep 10, 2012.

Tags:
  1. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    Bliss is making high top high bottom from june- july, I think it can buy @ cmp 42.55 with stoploss of 39.
    Share ur views.
     
    sanjay_sansanwal, Sep 10, 2012
    Share #1
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    Sudden spike in volume is not comforting and so need to find reason for move from 20 to 40 odd levels with reason for such high volume in green candles. Rest looks ok
     
    shabbir, Sep 10, 2012
    Share #2
  3. masihpatel

    masihpatel Active Member

    Joined:
    Jun 2, 2012
    Messages:
    325
    Likes Received:
    49
    They recently bought another pharma company for Rs. 16Cr., what I heared on TV.
     
    masihpatel, Sep 10, 2012
    Share #3
  4. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    Sales turnover increasing YoY.
    Net profit increasing YoY.
    Now What is ur view?

    Finally I got the Sudden spike reason.
    Bliss GVS Pharma has target of Rs 50: SP Tulsian

    10.33 am | 10 Sep 2012 | Source: CNBC-TV18


    What to do now ?
     
    sanjay_sansanwal, Sep 11, 2012
    Share #4
  5. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    Wait for SP Tulsian people reaction and then think about it because it may run up too much if you even try to catch with SP Tulsian readers.
     
    shabbir, Sep 11, 2012
    Share #5