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

breakout in ipca lab

Discussion in 'Technical Analysis' started by shwetagnema, Oct 1, 2013.

  1. shwetagnema

    shwetagnema Active Member

    Joined:
    Jun 24, 2012
    Messages:
    252
    Likes Received:
    40
    Occupation:
    House wife
    today it is on the top, got the breakout......buy time???or should see todays session and buy tomorrow? target 780, sl -674
     
  2. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    Hey Shweta although volume is increasing but can't decisive breakout just wait for a day If sustain above 730 then go for it.
    About stop loss, u r perfect but target should 800 according to me.

    :)
     
  3. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    I would wait for a close above 730 to be 100% sure or if it constantly spends almost a day above 730