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Merck Ltd

Discussion in 'Technical Analysis' started by tarak_desai, Sep 10, 2012.

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  1. tarak_desai

    tarak_desai New Member

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    Technical pattern: U breakout ?
    Buy: CMP
    Stoploss: 625 or 607 ?
    Volume: Very very huge and thats also a concern - why so huge volume ?

    Share your views guys!
     

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    tarak_desai, Sep 10, 2012
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  2. sujan4bw

    sujan4bw Member

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    yes its good pick. Reason why volume is huge because company's revenue and EPS has increased in quarter June-12.
     
    sujan4bw, Sep 10, 2012
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  3. tarak_desai

    tarak_desai New Member

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    good to go at CMP? with stop loss of 607-605 ?
     
    tarak_desai, Sep 10, 2012
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  4. shabbir

    shabbir Administrator Staff Member

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    Never buy on good result outcome because the move is over when the result is out.

    Wait for few days or week and wait to buy for next good result and sell before the outcome of the result as well.
     
    shabbir, Sep 10, 2012
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  5. tarak_desai

    tarak_desai New Member

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    Risky bet, lets see - enetred today at @664

    Also DSP MF is buying huge volume almost every alternate day.
     
    tarak_desai, Sep 11, 2012
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  6. sujan4bw

    sujan4bw Member

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    Tarak, where can we get such specific details on MF buying which stocks.
     
    sujan4bw, Sep 11, 2012
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  7. tarak_desai

    tarak_desai New Member

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    Sujan, this info is directly from fund manager via our financial planner who gives them big voulme of folios every now and then. Not sure if such info is publicly available.
     
    tarak_desai, Sep 11, 2012
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