1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Financial Technologies

Discussion in 'Technical Analysis' started by sujan4bw, Aug 13, 2012.

Tags:
  1. sujan4bw

    sujan4bw Member

    Joined:
    Jun 12, 2012
    Messages:
    557
    Likes Received:
    18
    Hi All,

    Whats your view on Financial Technologies. Today there is Breakout of previous high 824 on 11-07-12. My view is it can be buy above 850.

    Let me know your views

    Regards
    Sujan
     

    Attached Files:

    sujan4bw, Aug 13, 2012
    Share #1
  2. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    I think this stock can buy @ above 845 because after long down trend it has taken good support @ 510 then @ 549 and from 24/5/12 it is in uptrend and trend reversal is from 660 and manage to cut its good resistence @ 825 with good volume.775 will be good support for the stock.
     
    sanjay_sansanwal, Aug 13, 2012
    Share #2
  3. sujan4bw

    sujan4bw Member

    Joined:
    Jun 12, 2012
    Messages:
    557
    Likes Received:
    18
    Stock is trading at 856 now.
     
    sujan4bw, Aug 14, 2012
    Share #3
  4. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    Yes the downtrend has halted with support and then formation of W and so should be a good buy but make sure you follow your stops strictly and this W can be fake as well
     
    shabbir, Aug 14, 2012
    Share #4
  5. sujan4bw

    sujan4bw Member

    Joined:
    Jun 12, 2012
    Messages:
    557
    Likes Received:
    18
    Thx Shabbir, I will follow stop loss.
     
    sujan4bw, Aug 14, 2012
    Share #5
  6. sujan4bw

    sujan4bw Member

    Joined:
    Jun 12, 2012
    Messages:
    557
    Likes Received:
    18
    Started thread exactly one month back i,e on 13-08-12...today 13-09-12. It is up by Rs 80.

    Today high is 918..still going strong :D.
     

    Attached Files:

    • FTC.jpg
      FTC.jpg
      File size:
      78.4 KB
      Views:
      128
    Last edited: Sep 13, 2012
    sujan4bw, Sep 13, 2012
    Share #6
  7. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    Great going.
     
    shabbir, Sep 13, 2012
    Share #7
  8. sujan4bw

    sujan4bw Member

    Joined:
    Jun 12, 2012
    Messages:
    557
    Likes Received:
    18
    Thx Shabbir
     
    sujan4bw, Sep 13, 2012
    Share #8
  9. sujan4bw

    sujan4bw Member

    Joined:
    Jun 12, 2012
    Messages:
    557
    Likes Received:
    18
    Financial Technologies making higher tops and higher bottoms. Today breakout and made high of 983.

    Again now can enter at CMP with stop loss of 900......what do you say Shabbir ?
     
    sujan4bw, Sep 28, 2012
    Share #9
  10. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    Perfect Levels Sujan
     
    shabbir, Sep 28, 2012
    Share #10
  11. sujan4bw

    sujan4bw Member

    Joined:
    Jun 12, 2012
    Messages:
    557
    Likes Received:
    18
    started giving stop loss details :)
     
    sujan4bw, Sep 28, 2012
    Share #11
  12. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    Better because having them at your hand is always good and you never know when market starts acting the way we don't expect it to.
     
    shabbir, Sep 28, 2012
    Share #12