Queries on BUY IN/ SELL OUT targets of your stocks
- Thread starter ravi t
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Hi Ravi,
With my analysis I come acroos script TANU HEALTH CARE. As per latest trend,
target is set around 18-20 for 3 months with current price 9.37 as of today. I would advice investors to invest heavily on this script to book near term profits.
Seniors like Ravi please correct if my analysis is wrong.
Thanks,
Ankur
With my analysis I come acroos script TANU HEALTH CARE. As per latest trend,
target is set around 18-20 for 3 months with current price 9.37 as of today. I would advice investors to invest heavily on this script to book near term profits.
Seniors like Ravi please correct if my analysis is wrong.
Thanks,
Ankur
Dear Ashwani/Karthik
As is said by Supratik, you can soon expect a spurt in the price of pharma shares. MATRIX split in the month of january this year and now it is quoated at 191.8.As is said by karthik there is no doubt that company is very good for long term investment. But what about near future? Though I usually don't calculate time frame for my targets but this scrip is quite tempting to do so???
There is a stiff resistance at 195 which if crossed, the next stoppage will be 200 and then a strong resistance at 204.beyond that there seems to be a free run for some time. of course as is always happen there will be some flatuations here and there but if the last hurdle is crossed successfully the final target seems to be about 275-280 region.On the lower side the support is at 185 which when breached will take it to 175.
the whole moment depends on the volume. As such the liquidity is not high and hence untill and unless the first resistance of 195 is crossed with a volume more than 3 lakhs it is not going to sustain the selling pressure..futher to make the situations worse the indicators are not in perfect buy condition....
My suggestion here is that keep a close watch on this scrip.If the first resistance of 195 is crossed with the required volume it is a safe buy,if the first resistance is crossed but not with the req vol wait for second resistance to cross. after the second resistance if the volume is still short some can still be bought. After the third resistance the stock is ready to explode(at lease I think so)!!!!!! Keep a stoploss of 176.
regard
RAVI T
As is said by Supratik, you can soon expect a spurt in the price of pharma shares. MATRIX split in the month of january this year and now it is quoated at 191.8.As is said by karthik there is no doubt that company is very good for long term investment. But what about near future? Though I usually don't calculate time frame for my targets but this scrip is quite tempting to do so???
There is a stiff resistance at 195 which if crossed, the next stoppage will be 200 and then a strong resistance at 204.beyond that there seems to be a free run for some time. of course as is always happen there will be some flatuations here and there but if the last hurdle is crossed successfully the final target seems to be about 275-280 region.On the lower side the support is at 185 which when breached will take it to 175.
the whole moment depends on the volume. As such the liquidity is not high and hence untill and unless the first resistance of 195 is crossed with a volume more than 3 lakhs it is not going to sustain the selling pressure..futher to make the situations worse the indicators are not in perfect buy condition....
My suggestion here is that keep a close watch on this scrip.If the first resistance of 195 is crossed with the required volume it is a safe buy,if the first resistance is crossed but not with the req vol wait for second resistance to cross. after the second resistance if the volume is still short some can still be bought. After the third resistance the stock is ready to explode(at lease I think so)!!!!!! Keep a stoploss of 176.
regard
RAVI T
Tanu Health Care
Dear Ankur
Thanks for picking up a scrip and posting here...
TANU HEALTH CARE had started its upward rally from the level of 5.Now at 9.69, to me the much of the rally is now over. the stock may reach around 12.85 but beyond that it is very difficult to reach your target of 18-20. The indicators are now in sell region and it will be a mistake to buy the scrip at this point(even if goes on appreciating for few more sessions. if the stock drops first stoppage is around 8.40 which when crossed will take the stock to 7something.....
I appreciate your efforts in pulling out a scrip and posting on this thread but there seems to be no rush to pump money in something where you are not fully confident. Besides there are lot of other counters to search for!!!!!!!
Best of luck and please keep on posting.....
regards
RAVI T
Dear Ankur
Thanks for picking up a scrip and posting here...
TANU HEALTH CARE had started its upward rally from the level of 5.Now at 9.69, to me the much of the rally is now over. the stock may reach around 12.85 but beyond that it is very difficult to reach your target of 18-20. The indicators are now in sell region and it will be a mistake to buy the scrip at this point(even if goes on appreciating for few more sessions. if the stock drops first stoppage is around 8.40 which when crossed will take the stock to 7something.....
I appreciate your efforts in pulling out a scrip and posting on this thread but there seems to be no rush to pump money in something where you are not fully confident. Besides there are lot of other counters to search for!!!!!!!
Best of luck and please keep on posting.....
regards
RAVI T
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