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shriram transport and finance

Discussion in 'Technical Analysis' started by shwetagnema, Jan 17, 2013.

  1. shwetagnema

    shwetagnema Active Member

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    is it right to buy this stock at around 780 to get the target of 830 with stop loss 716
     
    shwetagnema, Jan 17, 2013
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  2. shabbir

    shabbir Administrator Staff Member

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    716 as stop loss would be tough and I would keep SL as 760
     
    shabbir, Jan 17, 2013
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  3. krasquinha

    krasquinha Member

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    Hi Shabbir,

    Evene though it has not formed any pattern , can we buy ? Please comment.

    Regards,
    Kiran
     
    krasquinha, Jan 17, 2013
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  4. shabbir

    shabbir Administrator Staff Member

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    It has formed a breakout pattern. Why you think there is no pattern formed?
     
    shabbir, Jan 17, 2013
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  5. krasquinha

    krasquinha Member

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    Shabbir,

    Please guide me when it has formed a breakout pattern. I am trying to learn ..

    Regards,
    Kiran
     
    krasquinha, Jan 17, 2013
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  6. shabbir

    shabbir Administrator Staff Member

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    Its time to read the ebook. Check out the break out pattern and that would be better and if you still have the question, I will be more than happy to help
     
    shabbir, Jan 17, 2013
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  7. krasquinha

    krasquinha Member

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    Sure , i think i need to read the book again ....

    Regards,
    Kiran
     
    krasquinha, Jan 17, 2013
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  8. krasquinha

    krasquinha Member

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    Shabbir,

    Is this a bull flag pattern breakout ? Pelase guide me ...

    Regards,
    Kiran
     
    krasquinha, Jan 17, 2013
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  9. shabbir

    shabbir Administrator Staff Member

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    Break out above previous resistance.
     
    shabbir, Jan 17, 2013
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  10. krasquinha

    krasquinha Member

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    Thanks Shabbir.
     
    krasquinha, Jan 17, 2013
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  11. shabbir

    shabbir Administrator Staff Member

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    The pleasure is all mine.
     
    shabbir, Jan 17, 2013
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