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Sun Pharmaceutical Industries

Discussion in 'Technical Analysis' started by sachinmore08, Jun 26, 2012.

  1. sachinmore08

    sachinmore08 New Member

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    Sun Pharmaceutical Industries seems to be forming breakout pattern at 610 level..what say ?
     
    sachinmore08, Jun 26, 2012
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  2. shabbir

    shabbir Administrator Staff Member

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    Yes. Well spotted.
     
    shabbir, Jun 26, 2012
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  3. sachinmore08

    sachinmore08 New Member

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    Do you think it is right time to enter at @615 with stop loss @600 ? but i doubt as volume is not building yet..!
     
    Last edited: Jun 26, 2012
    sachinmore08, Jun 26, 2012
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  4. shabbir

    shabbir Administrator Staff Member

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    Yes I think 15 Rs of stop loss should be a good entry. Make sure you follow the stop loss strictly on whatever you decide as stop loss be it 600 or even 590.
     
    shabbir, Jun 26, 2012
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  5. monilhathi

    monilhathi New Member

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    Is it good to enter @ 634/630?
     
    monilhathi, Jul 2, 2012
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  6. shabbir

    shabbir Administrator Staff Member

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    Depends on what levels you setup your stop loss and if you can have target twice your stop loss.
     
    shabbir, Jul 2, 2012
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