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Tatamotor

Discussion in 'Technical Analysis' started by kommallpaatil, Apr 22, 2013.

  1. kommallpaatil

    kommallpaatil New Member

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    I think tatamotor has given breakout. What should be stoploss for the target of 335??
     
    kommallpaatil, Apr 22, 2013
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  2. shabbir

    shabbir Administrator Staff Member

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    265 should be ideal
     
    shabbir, Apr 22, 2013
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  3. kamat79

    kamat79 New Member

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    Tata motors has given breakout, but please note it's got resistance at 50 DMA, and stochastics is high. So please be careful! I wouldn't trade this for long at the moment.

    Shabbir, kindly correct me if I'm wrong!
     
    kamat79, Apr 22, 2013
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  4. shabbir

    shabbir Administrator Staff Member

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    310 is a resistance but nothing before that. The stop loss should be 255 and CMP is 285
     
    shabbir, Apr 22, 2013
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