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

HDFC Bank

Discussion in 'Technical Analysis' started by sanjay_sansanwal, Jul 31, 2012.

Tags:
  1. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    Hdfc has formed breakout @559 on 29-6-12, and now it is trying to make another breakout @ 594 I think it will be a good buy at cmp with stop loss of 560.
    what is ur view?
     
    sanjay_sansanwal, Jul 31, 2012
    Share #1
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    Same as your view. Ditto.
     
    shabbir, Jul 31, 2012
    Share #2
  3. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    Hdfc is rocking I bought on 1-8-12 @ 583.65 and now it is @ 598.50.
    should I revise the stoploss from 560 to my cost.
    share ur views.
     
    sanjay_sansanwal, Aug 6, 2012
    Share #3
  4. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,699
    Likes Received:
    1,940
    Trailing stop losses are always more beneficial and one of the method many traders use is previous day closing as the price of trailing stop loss.
     
    shabbir, Aug 6, 2012
    Share #4
  5. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    Booked 50% @ 606 rivised stop loss @ my cost 583
     
    sanjay_sansanwal, Aug 9, 2012
    Share #5
  6. sanjay_sansanwal

    sanjay_sansanwal Contributor

    Joined:
    Jun 17, 2012
    Messages:
    1,282
    Likes Received:
    140
    Occupation:
    Not Important
    Booked 25% @ 630
     
    sanjay_sansanwal, Sep 24, 2012
    Share #6