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

Maruti

Discussion in 'Technical Analysis' started by verenmitter2001, Feb 5, 2013.

  1. verenmitter2001

    verenmitter2001 Member

    Joined:
    Sep 22, 2012
    Messages:
    354
    Likes Received:
    12
    Occupation:
    IT, Education & Ex-Army officer
    Hi Shabbir
    whats your view on MARUTI as it is nearing its previous high.
    Can we expect breakout above 1634///

    Regards
    Veren
     
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    Yes why not.
     
  3. verenmitter2001

    verenmitter2001 Member

    Joined:
    Sep 22, 2012
    Messages:
    354
    Likes Received:
    12
    Occupation:
    IT, Education & Ex-Army officer
    Hi shabbir
    BREAKOUT in maruti

    Regards
    Veren
     
  4. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    Yes above 1600
     
  5. verenmitter2001

    verenmitter2001 Member

    Joined:
    Sep 22, 2012
    Messages:
    354
    Likes Received:
    12
    Occupation:
    IT, Education & Ex-Army officer
    Hi Shabbir
    Maruti has broken support of 1480.
    Please suggest. My stopl loss was 1480 which has trig erred..
    what do u suggest on this... hope my stop is correct or I put it further down.

    Regards
    Veren
     
  6. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    Your stop loss was spot on and its time to get out of this stock as of now.