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Discussion in 'Technical Analysis' started by srspriya06, Feb 2, 2014.

  1. srspriya06

    srspriya06 Active Member

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    Is it good to enter Sun Pharma with stop loss of 575 and Target of 620-650?
     
    srspriya06, Feb 2, 2014
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  2. shabbir

    shabbir Administrator Staff Member

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    Target of 620 looks tough but 600 to 610 looks ok.
     
    shabbir, Feb 3, 2014
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  3. monilhathi

    monilhathi New Member

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    Volume looks good, it may breakout, if it crosses 618/620 then the next resistance is @645
     
    monilhathi, Feb 7, 2014
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  4. shwetagnema

    shwetagnema Active Member

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    oh yes...i feel the same
     
    shwetagnema, Feb 10, 2014
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  5. verenmitter2001

    verenmitter2001 Member

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    Yes even I think its on the verge of breakout from its trading range.

    What's your view shabbir

    Regards
    Veren
     
    verenmitter2001, Feb 10, 2014
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  6. shabbir

    shabbir Administrator Staff Member

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    Yes it is at the verge of breakout but the stop loss of 580 gives a very tepid ROI.
     
    shabbir, Feb 11, 2014
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