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| Discuss Indian Mid cap stock pick - D-Link India at the Stocks & Shares within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Indian Mid cap stock pick - D-Link India Looks like signs of accumulation in D-Link ... |
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#1
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Indian Mid cap stock pick - D-Link India
Looks like signs of accumulation in D-Link India. See attached chart for trading signal, profit target and stoploss level. Please post your feedback/comments! |
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#2
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nice catch..!!
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#3
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Will keep a watch on this as the market looks weak!
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#4
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Traderji.
As you mentioned in the chart stock pulled back to 123-124 levels and shifted more towards your stoploss level of 120 resulting in a lesser risk. Now should we wait for a day for the market to stabilise or go ahead and buy D-link tommorrow morning itself. |
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#5
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Under the current market scenerio, I would suggest you to BUY only on a close above 130.00. This would confirm the breakout.
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#6
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Thanks Traderji for prompt reply.
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#7
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Dear Traderji,
As the Q3 results of D-Link is down (16.95%), whats the guideline on this stock? thanks Jayanta |
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#8
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BUY with a stoploss at 113.00
This stock has been moving in a range between 100.00 to 130.00 since August 2004. A close above 140.00 would see the beginning of a NEW intermediate uptrend. |
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#9
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Hi Traderji,
The past 2-3 days have seen D-link traded with high volumes and now we have a close above 130 today. Does it warrant a BUY now and if yes, what targets can be expected in short/medium term ?
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#10
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Quote:
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