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finolex industries

Discussion in 'Technical Analysis' started by shwetagnema, Nov 7, 2013.

  1. shwetagnema

    shwetagnema Active Member

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    hi all, what do u think about is stock. it got a clear breakout yesterday. is it right time to buy for the target 180 and SL 118. in fact i want to know whether this target is achievable??
     
    shwetagnema, Nov 7, 2013
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  2. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    I think its too late cause stop is very far, I have recommended Finolex industries to one of my friend in April @ 95 with stop of 90 for long term.

    Wait for next opportunity is best advise here from me.

    Yes target is achievable if planning for long term.
     
    sanjay_sansanwal, Nov 7, 2013
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  3. shwetagnema

    shwetagnema Active Member

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    thanks sanjay
     
    shwetagnema, Nov 7, 2013
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  4. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    My pleasure.
     
    sanjay_sansanwal, Nov 7, 2013
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  5. shabbir

    shabbir Administrator Staff Member

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    I think 180 looks tough but with SL of 118, looks like a good trade to me.
     
    shabbir, Nov 7, 2013
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  6. shwetagnema

    shwetagnema Active Member

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    thanks shabbir
     
    shwetagnema, Nov 8, 2013
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