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Shriram Transport Finance

Discussion in 'Technical Analysis' started by masihpatel, Aug 21, 2012.

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  1. masihpatel

    masihpatel Active Member

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    What is your view on this stock? as it was closed at 595 in last trading session and CMP is 602. Thank you
     

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    masihpatel, Aug 21, 2012
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  2. shabbir

    shabbir Administrator Staff Member

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    It is near its resistance levels and so should be avoided.
     
    shabbir, Aug 21, 2012
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  3. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    below 620 just avoid.
     
    sanjay_sansanwal, Aug 21, 2012
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  4. ggchavhan

    ggchavhan New Member

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    Last three trading days it is going up, but I think with less volume, What does it means?
    What is your view Shabbir, Sanjay?
     
    ggchavhan, Aug 21, 2012
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  5. shabbir

    shabbir Administrator Staff Member

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    I have shared that already.
     
    shabbir, Aug 21, 2012
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  6. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Plz start analyzing the chart guys it is not difficult and if u find any problem in chart analyzing then u may ask but plz start doing ur self so that u also become confident.
    Cause I even we don't want anyone should believe blindly while investing.
     

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    sanjay_sansanwal, Aug 21, 2012
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  7. masihpatel

    masihpatel Active Member

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    Made yesterday high of 622.
     

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    Last edited: Aug 25, 2012
    masihpatel, Aug 25, 2012
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  8. shabbir

    shabbir Administrator Staff Member

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    It was just a spike and not a clear breakout above 622.
     
    shabbir, Aug 25, 2012
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  9. masihpatel

    masihpatel Active Member

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    CMP is 638.
     
    masihpatel, Aug 31, 2012
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