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Ranbaxy

Discussion in 'Technical Analysis' started by verenmitter2001, Mar 15, 2013.

  1. verenmitter2001

    verenmitter2001 Member

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    IT, Education & Ex-Army officer
    Hi shabbir
    Whats your view on ranbaxy.
    It has crossed its resistance of 440 today .

    Regards
    Veren
     
    verenmitter2001, Mar 15, 2013
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  2. shabbir

    shabbir Administrator Staff Member

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    It should be avoided as of now because it is not forming any pattern.
     
    shabbir, Mar 15, 2013
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  3. chequesuraj

    chequesuraj Member

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    Shabbir,

    Can be a good buy now as its trying for a break out...?

    buying @ CMP or above 400 for the target of 455+ with 380 stop loss...

    share your views...
     
    Last edited: Oct 11, 2013
    chequesuraj, Oct 11, 2013
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  4. shabbir

    shabbir Administrator Staff Member

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    Unless you have higher risk appetite, try avoiding anticipated pattern.
     
    shabbir, Oct 12, 2013
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