abt Unitech

Discuss abt Unitech at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; I've purchaed Unitech at Rs.596 CMP(503). What shud I do?Hold/more ...


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  #1  
Old 9th June 2007, 11:10 AM
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majamudarchirag is on a distinguished road
Default abt Unitech



I've purchaed Unitech at Rs.596 CMP(503).

What shud I do?Hold/more buy/sell?
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  #2  
Old 9th June 2007, 02:42 PM
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toxicexpulsion is on a distinguished road
Default Re: abt Unitech

Honestly, will you sell if i ask you to or will you buy more if i ask you to?

Ask yourself - "what i bought this stock, what was i thinking?" you'll find the answer to your question!
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  #3  
Old 9th June 2007, 04:47 PM
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Luckytrader is on a distinguished road
Default Re: abt Unitech

Well I bought @500 sold @580/-

will Buy below 500/-

Rgds,
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  #4  
Old 9th June 2007, 06:01 PM
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majamudarchirag is on a distinguished road
Default Re: abt Unitech

i bought 450 unitech @ 596 cmp @503 please advice me specifically whether I should hold/buy more/sell and also advice me sup level, stl & target
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  #5  
Old 9th June 2007, 10:23 PM
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akhtarar is on a distinguished road
Default Re: abt Unitech

Quote:
Originally Posted by majamudarchirag View Post
i bought 450 unitech @ 596 cmp @503 please advice me specifically whether I should hold/buy more/sell and also advice me sup level, stl & target
hold on because of bonus and unitech is known to breach it's top sooner than later
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  #6  
Old 9th June 2007, 11:48 PM
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Default Re: abt Unitech

Can see levels 484-470
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  #7  
Old 10th June 2007, 07:54 AM
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Default Re: abt Unitech

will u pl supply me general formula to arrive at stl/supp/resist/pb levels for any equity
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  #8  
Old 10th June 2007, 04:14 PM
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Default Re: abt Unitech

Quote:
Originally Posted by majamudarchirag View Post
will u pl supply me general formula to arrive at stl/supp/resist/pb levels for any equity
You entered into the scrip at the high level without proper stop loss. The pullback in daily charts was too deep.

I would put a stop @480. If it breaches I m out, Its my stand in such trades. To be frank, tough to suggest anyone at this point of time.

Take this trade as a lesson and always place your SL before you initiate a trade.

All the Best
Raj
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