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digjam Ltd. and UPL

Discussion in 'Technical Analysis' started by sainathreddy4, Sep 24, 2014.

  1. sainathreddy4

    sainathreddy4 New Member

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    Hi Shabbir,
    Digjam Ltd is in a downtrend. iam thinking of shorting it tomorrow. iam unable to decide the stoploss. can u plz explain me about placing stoploss with respect to digjam Ltd.

    Also in UPL uptrend seems to have been started. i think stoploss would be 339. what is your opinion. if stoploss is not correct, please do tell the stoploss and explain it so that i can understand placing stoploss better.
     
  2. shabbir

    shabbir Administrator Staff Member

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    I don't see down trend in Digjam ltd. Can you tell me how you are seeing a downtrend?

    I don't even see an uptrend starting in UPL either. It is consolidating around 330is support level.