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Suzlon

Discussion in 'Technical Analysis' started by krasquinha, Jan 18, 2013.

  1. krasquinha

    krasquinha Member

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    Hi Shabbir,

    Is it a buy call above 20 with ST 18.8 Target of 27 ( It formed a W pattern on 04-Dec) . Please comment.

    Regards,
    Kiran
     
    krasquinha, Jan 18, 2013
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  2. shabbir

    shabbir Administrator Staff Member

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    I would say it is good entry but then you are trading against the trend in hope that the trend of the stock of last 1 year has stopped and so it should be traded with cautions - http://shabbir.in/trade-against-market-trend/
     
    shabbir, Jan 18, 2013
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  3. krasquinha

    krasquinha Member

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    Thanks Shabbir for your advise.
     
    krasquinha, Jan 18, 2013
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  4. shabbir

    shabbir Administrator Staff Member

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    The pleasure is all mine.
     
    shabbir, Jan 18, 2013
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