RECOMMENDED TO BUY CIPLA FOR A PULL BACK TRADE
BUY CIPLA @ 375 LOT SIZE 500 SL 360 HIT 396 NOW PROFIT 10000 RS
NOW LONG TERM HOLDERS CAN HAVE A DEEP LOOK IN TO THE STOCK
OUR MAIL TO PAID CLIENTS ON 16 TH DEC
Cipla broke out above 360 to New HIGH in August 2012 and 1.5 years later: stock is just at 375 now But this pullback looks like excellent investment opportunity.
Here’s the Cipla Weekly Chart
As you
can see in the chart above – Cipla broke out above 360 to New HIGH in
August 2012. Post Breakout and lots of consolidation – stock rallied to
450. But in last few months, stock has pulled back and is now at 100
week ma.
Trading Rule: Breakout that has sustained so long becomes excellent buying opportunity at moving average
One can look to buy Cipla at 100 week ma with closing stop loss of 3% below 100 week ma.
BUY CIPLA AT 375 IN FUT FOR SHORT TERM CLOSING SL BELOW 360 IN CASH TGT 400-415 SIZE 500
LONG TERM CLINETS TO CAN ADD STOCK IN THE PORTFOLIO BUY AT 375 SL 350 ON CLOSING BASIC TARGET 430 AND BEYOND THAT FOR FRESH ALL TIME HIGHS OF 475- 500 IN MONTHS TO COME
BUY CIPLA @ 375 LOT SIZE 500 SL 360 HIT 396 NOW PROFIT 10000 RS
NOW LONG TERM HOLDERS CAN HAVE A DEEP LOOK IN TO THE STOCK
OUR MAIL TO PAID CLIENTS ON 16 TH DEC
Cipla broke out above 360 to New HIGH in August 2012 and 1.5 years later: stock is just at 375 now But this pullback looks like excellent investment opportunity.
Here’s the Cipla Weekly Chart
Trading Rule: Breakout that has sustained so long becomes excellent buying opportunity at moving average
One can look to buy Cipla at 100 week ma with closing stop loss of 3% below 100 week ma.
BUY CIPLA AT 375 IN FUT FOR SHORT TERM CLOSING SL BELOW 360 IN CASH TGT 400-415 SIZE 500
LONG TERM CLINETS TO CAN ADD STOCK IN THE PORTFOLIO BUY AT 375 SL 350 ON CLOSING BASIC TARGET 430 AND BEYOND THAT FOR FRESH ALL TIME HIGHS OF 475- 500 IN MONTHS TO COME
No comments:
Post a Comment