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UPL (United Phosphorous)

Discussion in 'Technical Analysis' started by chethankrc, Jul 17, 2014.

  1. chethankrc

    chethankrc Active Member

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    Hi,

    I bought UPL(United Phosphorous) at 135Rs i.e 1 year back.
    Now it is trading at 326 Rs.
    I am Still not yet booked profit.
    Should I add more shares to my postion or book partial profit?

    Pls advice.
     
    chethankrc, Jul 17, 2014
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  2. shabbir

    shabbir Administrator Staff Member

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    Can you please share the NSE stock symbol as you selected union bank of india from prefixes and United Phosporous isn't there but its Uniphos and it trades under 30
     
    shabbir, Jul 17, 2014
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  3. chethankrc

    chethankrc Active Member

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    Sorry! I am asking abt UPL(United Phosporous).
     
    chethankrc, Jul 17, 2014
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  4. shabbir

    shabbir Administrator Staff Member

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    Can you share the nseindia.com link or symbol
     
    shabbir, Jul 17, 2014
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  5. chethankrc

    chethankrc Active Member

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    chethankrc, Jul 17, 2014
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  6. yankeedin

    yankeedin Responder

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    upl is hold as of now as it is in uptrend.. I suppose sl of 270 to be maintained.
     
    yankeedin, Jul 17, 2014
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  7. shabbir

    shabbir Administrator Staff Member

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    Yes hold but with a strict stop loss of 310

    270??
     
    shabbir, Jul 18, 2014
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  8. yankeedin

    yankeedin Responder

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    i said 270, because 310 is too near, one big down day in market and it may kiss 310.

    also Chetan has been holding for long, so he is looking for long term. if not 270, I think 290 can be a safe sl rather than 310.
     
    yankeedin, Jul 18, 2014
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  9. chethankrc

    chethankrc Active Member

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    Thanks for advise Shabbir and Dinesh.
    Yes I am long term investor in UPL. So I will exit if it closes below 290.
    Its multibagger for me, giving 230% returns in 10 months.
    Is it good to build more position if it stays above 300 Rs?
     
    chethankrc, Jul 19, 2014
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  10. shabbir

    shabbir Administrator Staff Member

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    Yes if it remains above 310.
     
    shabbir, Jul 20, 2014
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