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Manappuram Finance

Discussion in 'Technical Analysis' started by masihpatel, Aug 17, 2012.

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  1. masihpatel

    masihpatel Active Member

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    Stock has given a breakout from last highs at level of 36,What is your view? I took position at 37. Thank you
     

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    masihpatel, Aug 17, 2012
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  2. sujan4bw

    sujan4bw Member

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    Still Trend looks week. My view is can hold it with strict stop loss.

    Take other views also into considerations.
     
    sujan4bw, Aug 17, 2012
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  3. masihpatel

    masihpatel Active Member

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    My stop loss is 34, with target of 42.
     
    masihpatel, Aug 17, 2012
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  4. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    I think above 37.80 should be ur entery but now u have entered intrade so please follow the stop loss very strictly @ 30 beacuse it has came up from a long downtrend.
    It is cup and handle pattern and bullish and volume is also increasing, so best of luck.
     

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    Last edited: Aug 17, 2012
    sanjay_sansanwal, Aug 17, 2012
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