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Hold/Sell

Discussion in 'Technical Analysis' started by siva934127, Nov 13, 2013.

  1. siva934127

    siva934127 Member

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    I hold this stock (Tata Motors) bought at 367.
    Please let me know the support and target level and if i should hold this stock or not and provide the reason also.

    Thanks,
    Siva.
     
  2. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Plz update is it for long term or short term.
     
  3. siva934127

    siva934127 Member

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    Short term only.

    Thanks,
    Siva.
     
  4. shabbir

    shabbir Administrator Staff Member

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    Sell as 370 is broken.
     
  5. saptarshi_sachin

    saptarshi_sachin Responder

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    Hi Shabbir,

    Tata Motors came down like anything after results.... and now risen sharply to 387 after dip.

    Can I buy Tata Motors now for tgt of 400 with stop of 370 ? Please suggest.
     
  6. shabbir

    shabbir Administrator Staff Member

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    No. Wait for it to consolidate between 400 and 360 and then may be breakout above 400 would be right entry point.
     
  7. siva934127

    siva934127 Member

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    Buy

    Please let me know your views about TataMotors for buy.

    Please find the attachment regarding this.

    Thanks,
    Siva.
     

    Attached Files:

  8. shabbir

    shabbir Administrator Staff Member

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    360 was not taken out and so yes but then with a religiously strict stop loss.