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Gujarat Alkalies and Chemicals..

Discussion in 'Technical Analysis' started by vishuhd1, Mar 22, 2013.

  1. vishuhd1

    vishuhd1 Member

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    Software Engineer in IBM, Bangalore
    This stock has run up hugely since Mar 2013.. This stock is going up by 5% almost everyday.. Its a good bet to keep this stock in your watch list.. Though it is trading at a 52 week high, previous data shows that this stock has a great resistance around 204 levels.. Keep a watch on this..
     
    vishuhd1, Mar 22, 2013
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  2. shabbir

    shabbir Administrator Staff Member

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    Yes only watch and not enter in this stock in such big moves because it can come down as well. Let it form a peak, then consolidates and then break out above that peak is ideal time to enter.
     
    shabbir, Mar 22, 2013
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