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Brigade

Discussion in 'Technical Analysis' started by cbpancha, Oct 21, 2012.

  1. cbpancha

    cbpancha New Member

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    Dear Shabbir Sir,

    Brigade is breakout with high vol.

    cmp = 68.1, SL = 60 and short term target = 84

    Please share your views
     

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    cbpancha, Oct 21, 2012
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  2. shabbir

    shabbir Administrator Staff Member

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    Perfect levels but remember one thing long term trend was down which has stopped since the low in Dec 2011.
     
    shabbir, Oct 22, 2012
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  3. cbpancha

    cbpancha New Member

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    Dear Shabbir Sir,
    Thanx for your guidance but I am confused how you have judge that long term is down.
    please guide me.

    Regards,
    Chandrakant
     
    cbpancha, Oct 22, 2012
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  4. shabbir

    shabbir Administrator Staff Member

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    Just check the charts of 2 or 3 years for this stock and you will see it was falling all the time.
     
    shabbir, Oct 23, 2012
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