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Jindal Saw

Discussion in 'Technical Analysis' started by vishuhd1, Nov 29, 2012.

  1. vishuhd1

    vishuhd1 Member

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    Looks like Jindal Saw has given a technical breakout about 130.55 (previous high) levels.. It holded that level with yesterday's close.. The next resistence level seems to be 136.55.. If it crosses beyond that, then the stock can easily test 142 levels.. Please comment..
     
    vishuhd1, Nov 29, 2012
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  2. shabbir

    shabbir Administrator Staff Member

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    Good levels but this is in the middle of down trend and so a stop loss of 115 should be followed strictly
     
    shabbir, Nov 29, 2012
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  3. vishuhd1

    vishuhd1 Member

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    Ok.. Sure.. Thanks very much Shabbir..
     
    vishuhd1, Nov 29, 2012
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  4. shabbir

    shabbir Administrator Staff Member

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    The pleasure is all mine.
     
    shabbir, Nov 29, 2012
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