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Godrej Industries breakout

Discussion in 'Technical Analysis' started by ilyasmohammed1, Sep 25, 2012.

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  1. ilyasmohammed1

    ilyasmohammed1 Member

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    Please advice your inputs on Godrej Industries...It has given break out on 52week high.

    Best Regards,
    Mohammed Ilyas
     

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    ilyasmohammed1, Sep 25, 2012
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  2. sunil_hajeri

    sunil_hajeri New Member

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    Yes it can be bought now. entry 280-285 sl 258 target 340-365.
     
    sunil_hajeri, Sep 26, 2012
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  3. shabbir

    shabbir Administrator Staff Member

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    Yes can be bought above 285 levels with stop loss of 270. Small stop loss so should be good to enter even above 290.
     
    shabbir, Sep 26, 2012
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  4. kksudin

    kksudin New Member

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    is this good to enter now for short term - 2 to 3 weeks for the next rally?. CMP @ 298
    Thx
    Sudin
     
    kksudin, Oct 31, 2012
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  5. shabbir

    shabbir Administrator Staff Member

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    No. Breakout is over and there will be consolidation for few days.
     
    shabbir, Oct 31, 2012
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