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Dishman Pharma

Discussion in 'Technical Analysis' started by jignesh_acharya, Nov 16, 2014.

  1. jignesh_acharya

    jignesh_acharya Active Member

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    I see today the stock advise made by angel broking to buy disman pharma with target of 221 and i looked at the chart
    It is in downtrend now
    I cannot understand that on what basis such brokers advise to buy?
     
    jignesh_acharya, Nov 16, 2014
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  2. shabbir

    shabbir Administrator Staff Member

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    They may want to be selling that stock or their research team is just complete piece of junk. They think something that goes down need to bounce back but have no idea that it does not work that way. As they are not putting their hard earned money, they can say whatever they want to.
     
    shabbir, Nov 17, 2014
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  3. ravirajpr

    ravirajpr Responder

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    Correct Shabbir.
    This is where we can apply TA to time the entry and exit and don't need to follow the recommendations given by these brokers.
     
    ravirajpr, Nov 17, 2014
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  4. shabbir

    shabbir Administrator Staff Member

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    Exactly.
     
    shabbir, Nov 17, 2014
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  5. MANGONI

    MANGONI New Member

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    they forgot to tell before the Q2 results on 13th nov

    anyhow safer side is from our follow-up with various sources

    as well as take advice from Dear SB in advance in case if u are particular about the srip trading

    tks
     
    MANGONI, Nov 18, 2014
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  6. Suresh_Sinha

    Suresh_Sinha Active Member

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    SB is best
     
    Suresh_Sinha, Nov 27, 2014
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