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

Gujarat Pipavav Port

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

  1. vishuhd1

    vishuhd1 Member

    Joined:
    Sep 1, 2012
    Messages:
    214
    Likes Received:
    15
    Occupation:
    Software Engineer in IBM, Bangalore
    Gujarat Pipavav has broken a very strong resistance around 50 levels on the upside and it seems to be a good buy now.. It has a next major resistance around 53.5.. If the stock breaks this levels, then we can easily go long till 60.. Please share your thoughts..
     
    vishuhd1, Mar 22, 2013
    Share #1
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    The SL is 47 which is quite a big risk seeing the resistance levels in the upside.
     
    shabbir, Mar 22, 2013
    Share #2