| View previous topic :: View next topic |
| Author |
Guidance on STRTECH |
AJK
White Belt
Joined: 11 Jul 2012
Posts: 1
|
Post: #1  Posted: Wed Jul 18, 2012 11:01 am Post subject: Guidance on STRTECH |
 |
|
Hi Sam,
Please do guide me on STRTECH. I have bought it @ 33
Thanks
AJK |
|
| Back to top |
|
 |
|
| |
psalm
Black Belt
Joined: 12 Nov 2011
Posts: 5368
|
| Post: #2 Posted: Wed Jul 18, 2012 11:21 am Post subject: Re: Guidance on STRTECH |
|
|
| AJK wrote: | Hi Sam,
Please do guide me on STRTECH. I have bought it @ 33
Thanks
AJK |
AJK,
I'm slightly bearish on Sterlite Technologies. I see huge resistance for the stock around 34 levels now. It will be pretty difficult for the stock to break above that level. Even levels of 33.5 could offer good resistance. So, my suggestion will be to exit the stock on any rise. On the downside, 31.4-31 range is the immediate support for the stock below that it could test 29 and 27.6 levels. Immediate resistance for the stock is around 32.85. So, just watch out.
NOTE: Please don't create different threads for each query. It will create confusion. By the way, if you want to ask me about my opinion, then please post it in my thread, which is "Individual Stocks".
Regards,
SAM |
|
| Back to top |
|
|
|
|
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
You can attach files in this forum
You can download files in this forum
|
Powered by phpBB © 2001, 2005 phpBB Group
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
