Indian Mid cap stock pick - D-Link India

#4
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.
 

Traderji

Super Moderator
#8
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.
 
#9
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 ?

:cool:
 

Traderji

Super Moderator
#10
vikasdewan said:
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 ?

:cool:
You can BUY with a stoploss at 120.00
 

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