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#55
2nd March 2005, 08:48 AM
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Re: Glenmark Pharma
Quote:
Yes we need to see a close above 555.00-560.00 before we can go long. Also what are your target levels for this stock once it breaks out? 
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#56
2nd March 2005, 10:38 AM
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Re: Glenmark Pharma
Traderji,
Never usually have targets ,only stops before I put in the trade......once it breaks out ,I'll enter another 1/2(already in 1/2 yesterday).My stop is at 504......Am looking for the 700 area before taking any profits.Meanwhile am just going to trail stop it.  Saint
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#57
2nd March 2005, 10:57 AM
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Re: Glenmark Pharma
Saint,
You can calculate the initial target by adding the midway height of the triangle to the level of the breakout (out of the triangle).
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#60
7th June 2005, 08:39 PM
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Andhra Bank
Andhra Bank looking ready to start another uptrend after nearly 5 weeks in consolidation.....breakout with high vol and a daily bar ending over 104.5 is confirmation.At present,a wait-n-watch(except for the more aggressive uns)!
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Glenmark Pharma-Asc.Triangle Breakout!
