Reliance Capital.

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  #1  
Old 15th September 2005, 09:34 AM
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panchu7 is on a distinguished road
Question Reliance Capital.



Any one knows what should be the entry exit & stop loss for this stock with 3-6 target?
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  #2  
Old 15th September 2005, 11:25 PM
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Saint will become famous soon enough
Default Re: Reliance Capital.

Quote:
Originally Posted by panchu7
Any one knows what should be the entry exit & stop loss for this stock with 3-6 target?
Nice ascending triangle on the Reliance Capital daily.......looking good to resume its uptrending ways.But a word of caution........steep climb so far.Ascending triangles usually b/out to the upside......a b/down can be equally steep.So if enter you must.....buy over 485 with a stop at 461(buy half).This has given out a few false breakouts already.....once confirmed,buy the remainder half over the breakout bar's high or on a pullback.

Overall,looks good.........but just be careful!Great find,panchu

Saint
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Old 15th September 2005, 11:43 PM
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stockfreak is on a distinguished road
Default Re: Reliance Capital.

HEy all,

Markets roaring eh!..
Anyway just want to remind many of the seniors that MAHINDRA UGINE has shwon breakout at 125, and now at 133 racing towards its target set by my as 145.

BUY Nocil it looks good for a few more bucks to gain.

SF
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