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CESC

Discussion in 'Technical Analysis' started by sujan4bw, Aug 20, 2012.

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  1. sujan4bw

    sujan4bw Member

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    Hi All,

    Cesc has breakout of previous high 318 which was on 13-03-12. It can be buy for short term above 320.

    Let me know your views.

    Regards
    Sujan
     

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  2. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    It is forming Ascending triangular pattern breakout but plz watch the volume too, it does not seems to be supporting.
     

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  3. sujan4bw

    sujan4bw Member

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    CESC crossed 320 and now it is trading at 330. There is ascending triangle breakout in weekly chart on Friday, it would easily touch 350.

    Let me k now your views please
     

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  4. shabbir

    shabbir Administrator Staff Member

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    I am not very upbeat but yes slightly upbeat because this stock has given some big red candles above 330 and so my stop would be 320 and not 290 provided I see yet again some big candles.