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Jyothy lab

Discussion in 'Technical Analysis' started by drsuraimardi, Aug 25, 2012.

  1. drsuraimardi

    drsuraimardi New Member

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    Hi Shabbir
    I have bought Jyothy lab @ 130.60.Yesterday it made a high of 165.80.Can this go to 190 in near term ?Or should I book profit ?
     
  2. drsuraimardi

    drsuraimardi New Member

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    Dear Shabbir
    I am unable to attach the chart here from Chartink...Tell me how can I do this ?
     
  3. shabbir

    shabbir Administrator Staff Member

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    Booking part profit is a always a good play.

    It has given a good breakout and so 170 would be easy target if it continues uptrend on Monday
     
  4. shabbir

    shabbir Administrator Staff Member

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    You can just link to the url or save the image from chartink and attach that image if you want.
     
  5. sujan4bw

    sujan4bw Member

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    looks like W pattern in one year chart and also breakout with high volume.

    As Shabbir said if it is in uptrend on monday than there is possibility of your target.
     

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    Last edited: Aug 25, 2012
  6. drsuraimardi

    drsuraimardi New Member

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    Well I am trying to attach the chart of Jyothy lab .I hope I can do it...Just a trial..
     

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  7. drsuraimardi

    drsuraimardi New Member

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    Thanks Shabbir and Sujan for your reply
     
  8. shabbir

    shabbir Administrator Staff Member

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    The pleasure is all ours
     
  9. hrvelichety

    hrvelichety New Member

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    From the last 3 months charts I decipher that Jyothy labs is likely to go down to 130 or even 127 in the short term. would thaose points be good for entry?
     
  10. shabbir

    shabbir Administrator Staff Member

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    Never try to catch the falling knife.
     
  11. hrvelichety

    hrvelichety New Member

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    Thanks for confirming that it is a falling knife
     
  12. shabbir

    shabbir Administrator Staff Member

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    The pleasure is all mine.