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| Discuss Delivery call - Vsnl at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Delivery call Buy Vsnl @ 360-365, strict stop loss 345, target 400/435 Jai... |
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#1
9th March 2006, 07:32 AM
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Delivery call - Vsnl
Delivery call
Buy Vsnl @ 360-365, strict stop loss 345, target 400/435 Jai 
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#3
10th March 2006, 04:11 AM
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Re: Delivery call - Vsnl
Quote:
Sorry i didnt give the reason for the call....anyways here it is. VSNL has been moving in a channel since 27th of dec between 360-400. It is overdue to break this channel. Also, after i gave this call, you would have seen on the 9th of march, that it made a low of 362 and closed at 371, thus forming a hammer, confirming the reversal partially. Now a break of 374 on friday, 10th march, will only confirm the reversal and the stock will head towards 400 again. Tc Jai
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#4
10th March 2006, 10:40 AM
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Re: Delivery call - Vsnl
Quote:
I have been tracking VSNL for long.yes, 400 is strong resistance.Though it tried to cross it several times in last few manths, but every time volume was very thin and it could not sustain above 400.At lower side 360-362 is strong support.
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#5
12th March 2006, 01:02 AM
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Re: Delivery call - Vsnl
Quote:
UPDATE VSNL currently trading @ 389, approaching the 1st target of 400
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#6
14th March 2006, 02:11 PM
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Re: Delivery call - Vsnl
UPDATE
1st target of 400 achieved
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