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Rolta breakout

Discussion in 'Technical Analysis' started by kommallpaatil, Jan 14, 2013.

  1. kommallpaatil

    kommallpaatil New Member

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    I think rolta has given breakout. I think target is 75.

    What do you think??
    Mr. Kommall paatil
     
  2. shabbir

    shabbir Administrator Staff Member

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    Yes very nice spooted but remember it was in a long down trend and if you can apply the stop of 60 then only you should get into this stock.

    This is trading against the trend - http://shabbir.in/trade-against-market-trend/

    Though I see trend reversal if 60 is not being cracked.