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Indian Mid cap stock pick - D-Link India

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  #1  
Old 10th January 2005, 10:12 AM
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Default Indian Mid cap stock pick - D-Link India

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!
Attached Images
File Type: gif dlink20050110.gif (12.2 KB, 170 views)
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Old 10th January 2005, 10:36 PM
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Default Re: Indian Mid cap stock pick - D-Link India

nice catch..!!
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Old 11th January 2005, 11:38 AM
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Default Re: Indian Mid cap stock pick - D-Link India

Will keep a watch on this as the market looks weak!
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Old 11th January 2005, 06:50 PM
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Default Re: Indian Mid cap stock pick - D-Link India

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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Old 12th January 2005, 08:07 AM
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Default Re: Indian Mid cap stock pick - D-Link India

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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Old 12th January 2005, 08:52 AM
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Thumbs up Re: Indian Mid cap stock pick - D-Link India

Thanks Traderji for prompt reply.
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Old 31st January 2005, 11:02 AM
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Default Re: Indian Mid cap stock pick - D-Link India

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  
Old 31st January 2005, 11:42 AM
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Default Re: Indian Mid cap stock pick - D-Link India

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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Old 1st February 2005, 09:36 PM
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Default Re: Indian Mid cap stock pick - D-Link India

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  
Old 2nd February 2005, 12:33 PM
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Default Re: Indian Mid cap stock pick - D-Link India

Quote:
Originally Posted by vikasdewan
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 ?

You can BUY with a stoploss at 120.00
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