Strategy- Buy 60% of corpus at CMP 77 and 40% at around 72-73 with a stop at 63. Target of 100 is where you should book 30% profits ultimately booking at 120.
Wednesday, September 2, 2009
Munjal Auto
Classic triangle breakout with heavy volumes. Very juicy chart. The stock has broken out of 3 month triangle with heavy volumes. The stock is all set to achieve its target of 115-120 levels. The stoploss is 63/-. Both TRIX and MACD has given positive divergence.
Strategy- Buy 60% of corpus at CMP 77 and 40% at around 72-73 with a stop at 63. Target of 100 is where you should book 30% profits ultimately booking at 120.
Strategy- Buy 60% of corpus at CMP 77 and 40% at around 72-73 with a stop at 63. Target of 100 is where you should book 30% profits ultimately booking at 120.
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ReplyDeletesirji u r doing fantastic job.i have started following ur blog from the day u have initiated and proud to say that i have made my 1st investment on ur tip and got good return.may god bless u with prosperity...can u come up with follow up on suzlon....thanks
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